Heico Earnings Reports

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.