HEICO reports record Q3 fiscal 2026 results with net income up 33%
HEICO reported record Q3 fiscal 2026 results with net income up 33% to $235.4 million ($1.67 per diluted share) and net sales up 23% to $1,413.1 million, with operating margin rising to 25.1%. For the first nine months, net income grew 31% to $659.4 million on net sales of $3,967.3 million.
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@_hiddenscout
HEICO (NYSE: HEI, HEI.A) reported record results for the third quarter of fiscal 2026, with net income up 33% to $235.4 million ($1.67 per diluted share) and net sales up 23% to $1,413.1 million. Operating income rose 34% to $355.2 million, lifting the consolidated operating margin to 25.1% from 23.1%. EBITDA increased 31% to $415.2 million. For the first nine months, net income grew 31% to $659.4 million, net sales 21% to $3,967.3 million, and operating income 30% to $965.5 million, with a 24.3% operating margin. The Flight Support Group delivered 18% net sales growth and 24% operating income growth in Q3, while the Electronic Technologies Group grew net sales 36% and operating income 55%. Consolidated quarterly organic net sales growth reached 14%. HEICO also issued $1.2 billion of senior notes, using proceeds to repay its revolving credit facility, and improved its total debt to net income ratio to 3.00x and net debt to EBITDA to 1.57x as of July 31, 2026.
@SayNoToTrading
Heico earnings this afternoon but I won't be looking at afterhours share price, despite 6-figure holding. Why? If you think $HEI is thinly traded, $HEI.A is even more so and that's why it's at a discount (and why I own it over HEI). Not just the voting, which doesn't matter https://t.co/vdezlVHdDm