HEICO Corporation delivered a strong Q3 FY25 with double-digit growth in net income, revenue, and operating income, driven by robust organic demand across both core business segments.
HEICO delivered an exceptional Q2 2025, posting record revenues and operating performance, propelled by double-digit organic sales growth across its Flight Support and Electronic Technologies groups.
HEICO Corporation reported Q1 2025 revenue of $1.03 billion, a 15% increase year-over-year. Net income rose 46% to $168.0 million, with EPS reaching $1.20 per diluted share. Operating income climbed 26% to $226.8 million, driven by strong demand across its Flight Support and Electronic Technologies segments. The company maintained strong cash flow, executing acquisitions while keeping leverage stable.
HEICO Corporation reported an 8% increase in net sales, reaching a record $1,013.7 million, and a 35% increase in net income, amounting to $139.7 million, for the fourth quarter of fiscal 2024. Operating income also saw a 15% increase, reaching a record $218.6 million.
HEICO Corporation reported a strong third quarter in fiscal year 2024, with record net sales up 37%, operating income up 45%, and net income up 34%. The growth was driven by the Flight Support Group and contributions from recent acquisitions.
HEICO Corporation reported a 17% increase in net income, reaching a record $123.1 million, and a 39% increase in net sales to a record $955.4 million for the second quarter of fiscal 2024. Operating income also increased by 33% to a record $209.2 million.
HEICO Corporation reported a 44% increase in net sales, a 39% increase in operating income, and a 23% increase in net income for the first quarter of fiscal 2024, driven by record operating results at the Flight Support Group and contributions from fiscal 2023 acquisitions.
HEICO Corporation reported a record $936.4 million in net sales for Q4 2023, a 54% increase from Q4 2022. Operating income increased by 29% to a record $189.4 million. Net income attributable to HEICO increased by 6% to $103.4 million, or $.74 per diluted share.
HEICO Corporation reported a 27% increase in net sales, reaching a record $722.9 million for the third quarter of fiscal 2023. Net income attributable to HEICO increased by 24% to $102.0 million, or $0.74 per diluted share. The company's operating income also saw a 16% increase, reaching $149.4 million.
HEICO Corporation reported a strong second quarter in fiscal 2023, with a 28% increase in net sales to a record $687.8 million and a 28% increase in operating income to a record $157.1 million. Net income also rose by 24% to $105.1 million, or $0.76 per diluted share. The Flight Support Group and Electronic Technologies Group both contributed to the record results.
HEICO Corporation reported a 27% increase in net sales, reaching a record $620.9 million for the first quarter of fiscal 2023. Operating income also saw a significant rise of 31%, amounting to $129.4 million. The company's consolidated operating margin improved to 20.8%.
HEICO Corporation reported a 20% increase in net sales, reaching a record $609.6 million for the fourth quarter of fiscal 2022. Operating income also increased by 27% to a record $146.5 million. The Flight Support Group and the Electronic Technologies Group both contributed record quarterly operating results.
HEICO Corporation reported a 21% increase in net sales, reaching a record $569.5 million for the third quarter of fiscal 2022. Operating income also saw a significant rise of 28%, hitting a record $128.7 million. The Flight Support Group was a major driver of this growth, with its net sales increasing by 39% and operating income increasing by 68%.
HEICO Corporation reported a 20% increase in net income to $85.0 million, or $.62 per diluted share, in the second quarter of fiscal 2022. Net sales increased 15% to $538.8 million, and operating income increased 27% to a record $122.8 million.
HEICO Corporation reported a strong first quarter of fiscal 2022, with a 23% increase in net income to $86.9 million and a 17% increase in net sales to $490.3 million. Operating income also rose by 23% to $98.8 million. The results reflect a rebound in demand for commercial aerospace products and services, driving 13% organic growth in net sales.
HEICO Corporation reported a 38% increase in net income to $86.1 million, or $.62 per diluted share, in the fourth quarter of fiscal 2021, up from $62.3 million, or $.45 per diluted share, in the fourth quarter of fiscal 2020. Net sales increased 20% to $509.4 million. Operating income increased 29% to $115.0 million.
HEICO Corporation reported a 42% increase in net income to $76.9 million, or $.56 per diluted share, in the third quarter of fiscal 2021. Net sales increased 22% to $471.7 million, and operating income increased 47% to $100.8 million. The company's consolidated operating margin increased to 21.4%.
HEICO Corporation reported net income of $70.7 million, or $.51 per diluted share, in the second quarter of fiscal 2021. The company's consolidated operating margin was 20.7% in the second quarter of fiscal 2021. Net sales were $466.7 million in the second quarter of fiscal 2021. EBITDA was $120.0 million in the second quarter of fiscal 2021.
HEICO Corporation reported a net income of $70.6 million, or $.51 per diluted share, for the first quarter of fiscal 2021. The results were impacted by the COVID-19 pandemic. Despite the challenges, the company's cash flow from operations increased by 32% to $107.2 million.
HEICO Corporation reported a decrease in net income for the fourth quarter of fiscal 2020, from $85.7 million to $62.3 million. Operating income also decreased from $120.6 million to $89.1 million, and net sales decreased from $541.5 million to $426.2 million compared to Q4 2019. The results were impacted by the COVID-19 global pandemic.
HEICO Corporation reported a decrease in net income and sales for the third quarter of fiscal year 2020, primarily due to the adverse effects of the COVID-19 outbreak on the commercial aerospace industry. Despite these challenges, the company maintains a strong financial position and continues to pursue strategic acquisitions.
HEICO Corporation reported a decrease in net sales and operating income for the second quarter of fiscal 2020, primarily due to the impact of the COVID-19 outbreak on the commercial aerospace industry. Net income decreased by 8% to $75.5 million, and operating income decreased by 9% to $108.2 million. However, cash flow from operations remained strong.
HEICO Corporation reported a strong first quarter with a 54% increase in net income, a 13% increase in operating income, and a 9% increase in net sales. The company's Flight Support Group and Electronic Technologies Group both contributed to the positive results.