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Heico
🇺🇸 NYSE:HEI
•
Jan 31

Heico Q1 2025 Earnings Report

HEICO achieved record Q1 2025 results with strong revenue, net income, and operating income growth.

Key Takeaways

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.

Revenue increased 15% to $1.03 billion.

Net income surged 46% to $168.0 million.

Operating income rose 26% to $226.8 million.

EPS improved to $1.20 per diluted share.

Total Revenue
$1.03B
Previous year: $896M
+14.9%
EPS
$1.2
Previous year: $0.82
+46.3%
Operating Margin
22%
Previous year: 20.1%
+9.5%
EBITDA
$274M
Previous year: $224M
+22.1%
Cash from Operations
$203M
Cash and Equivalents
$165M
Previous year: $196M
-15.7%
Total Assets
$7.89B
Previous year: $7.34B
+7.6%

Heico Revenue

Heico EPS

Heico Revenue by Segment

Forward Guidance

HEICO expects continued sales growth across both business segments, driven by strong demand in defense and aerospace. The company aims to capitalize on acquisition opportunities while maintaining financial stability.

Positive Outlook

  • Anticipated revenue growth in Flight Support and Electronic Technologies segments.
  • Continued strong demand for defense and aerospace products.
  • Acquisition strategy to enhance market share and growth.
  • Stable financial position supporting organic and acquisition-driven expansion.
  • Expected strong cash flow generation throughout fiscal 2025.

Challenges Ahead

  • Potential macroeconomic headwinds could impact demand.
  • Interest rate fluctuations may affect financing costs.
  • Supply chain disruptions could create operational challenges.
  • Competitive pricing pressures in key markets.
  • Foreign exchange volatility could impact financial results.