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HEICO Corporation (HEI)
NYSE:HEI
Earnings Data
Report Date
Jun 02, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.32Last Year’s EPS
1.12Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted multiple clear operating and financial strengths: record net income and EPS, double-digit revenue and EBITDA growth, strong FSG performance, a record ETG backlog, robust cash generation and an active pipeline of accretive acquisitions. Offsetting items included meaningful ETG margin compression driven by shipment/mix timing, acquisition-related amortization that reduced GAAP margins, a near-term rise in leverage to 1.79x from deal activity, and some supply-cost/headwind noise. Management characterized the margin weakness as temporary, emphasized disciplined M&A and a solid balance sheet, and reiterated confidence in improving ETG margins later in the year. On balance, positive operational momentum, healthy cash generation and disciplined capital allocation outweigh the transitory and accounting-related headwinds.Company Guidance
Record Net Income and EPS
Consolidated net income rose 13% to a record $190.2M ($1.35 diluted EPS) in Q1 FY'26 vs $168.0M ($1.20) in Q1 FY'25; results benefited from a discrete stock-option related tax benefit of $21.8M ($0.15/share).
Top-Line and Operating Income Growth
Consolidated net sales increased 14% and consolidated operating income improved 15% year-over-year in Q1 FY'26, driven by strong demand and contributions from recent acquisitions.
Strong Flight Support Group Performance
Flight Support Group net sales rose 15% to $820M (from $713.2M) and operating income increased 21% to $200.7M; FSG organic growth ~12% and operating margin expanded to 24.5% (from 23.3%); EBITA (cash margin before amortization) ~27.1%, up ~110 bps year-over-year.
Electronic Technologies Group Revenue Growth and Backlog
ETG net sales increased 12% to $370.7M (from $330.3M) with ~6% organic growth; ETG reported a record backlog indicating robust demand and expected improvement in margins later in the year.
EBITDA and Cash Flow Strength
Consolidated EBITDA increased 14% to $312M (from $273.9M). Cash flow from operating activities was $178.6M in Q1 FY'26, demonstrating strong cash generation.
Active, Accretive Acquisition Activity
Completed acquisitions include Axillon Aerospace Fuel Containment (renamed Rockmart Fuel Containment) and EthosEnergy Group Limited; a separate FSG deal for 80% of a commercial/defense services company is expected to close in Q2. Management expects recent deals to be accretive within a year.
Prudent Capital Returns and Dividend Continuity
HEICO paid its regular semiannual cash dividend of $0.12 per share in January (95th consecutive semiannual dividend since 1979), demonstrating consistent shareholder returns.
HEI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HEI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $344.72 | ― | ― |
Dec 17, 2025 | $306.78 | $308.62 | +0.60% |
Aug 27, 2025 | $316.44 | $317.95 | +0.48% |
May 29, 2025 | $299.95 | $299.42 | -0.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does HEICO Corporation (HEI) report earnings?
HEICO Corporation (HEI) is schdueled to report earning on Jun 02, 2026, After Close (Confirmed).
What is HEICO Corporation (HEI) earnings time?
HEICO Corporation (HEI) earnings time is at Jun 02, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HEI EPS forecast?
HEI EPS forecast for the fiscal quarter 2026 (Q2) is 1.32.