8-K ·Filed Aug 25, 2026

HEI

HEICO CORP
BULLISH
Impact 7/10
Horizondays Processed1mo ago SEC0000046619-26-000018
8-K Item 2.02: Earnings release
Actionable Insight ▲ Bullish

The strong beat across all key metrics (sales, EPS, margins, cash flow) combined with improving leverage from the debt refinancing creates a clear positive catalyst. Monitor the upcoming conference call for any guidance updates on organic growth trajectory and acquisition pipeline, which could sustain the momentum.

DirectionBullish
Confidencehigh
Horizondays
Latest settled — T+20d ⚠ clustered
HEI ▼ -11.50% at T+20d
LONG call ✗ call lost -11.50% · α vs SPY -11.73% · entry $346.15 → $306.33
Next anchor: T+60d in 7w
Latest observation: T+23 -10.42% FF3 residual α
Entry anchored
Aug 25, 05:05 PM ET
via 1-min bar
T+1d
-2.64%
call -2.64% · α -3.30%
$337.01
settled 5w ago
T+5d
-6.72%
call -6.72% · α -6.60%
$322.90
settled 4w ago
T+20d
-11.50%
call -11.50% · α -11.73%
$306.33
settled 9d ago
T+60d
—
call — · α —
—
in 7w

Price Chart

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Executive Summary

HEICO reported record Q3 FY2026 results, with net income up 33% to $235.4M ($1.67 diluted EPS) on record net sales of $1.413B (+23% YoY), beating consensus EPS of $1.51 by 10.6%. Both the Flight Support Group (+18% sales) and Electronic Technologies Group (+36% sales) posted strong organic growth, while operating margins expanded to 25.1% from 23.1% a year ago. The company also completed a $1.2B senior notes offering to refinance debt, improving its leverage profile (net debt/EBITDA improved to 1.57x from 1.60x).

Key Financial Metrics

EPS
$1.67
est $1.51 · +10.6%
Revenue
$1.4B
est $1.4B · +4.7% · +23.1% YoY
Rating
strong beat
Free Cash Flow
$313.8M
Gross Margin
41.1%

Key Facts

  • Record Q3 net income of $235.4M, up 33% YoY
  • Record Q3 net sales of $1.413B, up 23% YoY
  • Diluted EPS of $1.67 beat consensus of $1.51 by 10.6%
  • Consolidated organic net sales growth of 14%
  • Operating margin expanded to 25.1% from 23.1%
  • Flight Support Group sales +18%, Electronic Technologies Group sales +36%
  • Operating cash flow increased 49% to $345.3M
  • Completed $1.2B senior notes offering, net debt/EBITDA improved to 1.57x
  • Total debt to net income ratio improved to 3.00x from 3.14x

Financial Impact

EPS beat of $0.16 (10.6%) on $1.413B revenue; operating income up 34% to $355.2M; operating cash flow up 49% to $345.3M

revenueepsoperating incomeoperating margincash flowdebt leverage

Risk Factors

  • Potential slowdown in commercial air travel demand affecting aftermarket parts sales
  • Integration risks from recent acquisitions
  • Leverage remains elevated at 3.00x debt-to-net-income despite improvement
  • Defense spending uncertainty could impact Electronic Technologies Group

Market Snapshot

Exchange
NYSE
Sector
Aircraft Engines & Engine Parts
Analyst Consensus
64% bullish (28 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0000046619-26-000018
Document: 0000046619-26-000018-index.html0000046619-26-000018
Document: 0000046619-26-000018.txt0000046619-26-000018
8-K Data (Synthetic)0000046619-26-000018
4 reports for HEI
Performance horizon
Filters
Rows
Reports for HEI — sortable, filterable
TypeNow
Aug 25, 2026
5w ago
8-K
BULLISH ★ 7/10
$346.15 $306.33▼ −11.50%▼ −11.73%$302.45 (−12.62%)
Jul 13, 2026
11w ago
424B5
NEUTRAL ★ 3/10
$344.11 $363.94▲ +5.76%▲ +2.58%$302.45 (−12.11%)
Jul 13, 2026
11w ago
S-3ASR
NEUTRAL ★ 2/10
$344.11 $363.94▲ +5.76%▲ +2.58%$302.45 (−12.11%)
Jun 17, 2026
15w ago
8-K
NEUTRAL ★ 3/10
$337.10 $344.03▲ +2.06%▲ +1.52%$302.45 (−10.28%)
Showing 4 of 4

US Market Status

Market Closed — Opens Mon (65h 8m)

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