10-Q

Quarterly report

✓ VerifiedHEICO reported record third-quarter fiscal 2026 net sales of $1,413.1 million, up 23%, and net income attributable to HEICO of $235.4 million, or $1.67 per diluted share.

Filed Aug 27, 2026 · 16:10 ET

Summary

Consolidated net sales in the third quarter of fiscal 2026 increased 23% to a record $1,413.1 million, and nine-month net sales rose 21% to $3,967.3 million.
Net income attributable to HEICO increased 33% to a record $235.4 million, or $1.67 per diluted share, in the third quarter, and rose 31% to $659.4 million, or $4.67 per diluted share, for the nine months.
The Flight Support Group posted third-quarter net sales of $947.8 million with 12% organic growth, while the Electronic Technologies Group reached $483.5 million with 18% organic growth.
HEICO completed acquisitions during fiscal 2026 including Rockmart, Ethos, Sherwood, Southwest Antennas, Cook Defence, and CalRamic, with aggregate total consideration of $1,051,638 thousand.
On July 16, 2026, HEICO issued $550 million of 4.950% Senior Notes due 2031 and $650 million of 5.400% Senior Notes due 2036, receiving net proceeds of $1,191.5 million used to repay Credit Facility borrowings.
On June 11, 2026, HEICO amended its Credit Facility to increase capacity by $200 million to $2.2 billion and extend maturity to June 11, 2031.

Key facts

Q3 net sales: $1,413.1 million
From the filing for Q3 net sales
“Our consolidated net sales in the third quarter of fiscal 2026 increased by 23% to a record $1,413.1 million, up from net sales of $1,147.6 million in the third quarter of fiscal 2025.”
Q3 net income attributable to HEICO: $235.4 million, or $1.67 per diluted share
From the filing for Q3 net income attributable to HEICO
“Net income attributable to HEICO increased by 33% to a record $235.4 million, or $1.67 per diluted share, in the third quarter of fiscal 2026”
Nine-month net sales: $3,967.3 million
From the filing for Nine-month net sales
“Our consolidated net sales in the first nine months of fiscal 2026 increased by 21% to a record $3,967.3 million, up from net sales of $3,275.6 million in the first nine months of fiscal 2025.”
Nine-month net income: $659.4 million, or $4.67 per diluted share
From the filing for Nine-month net income
“Net income attributable to HEICO increased by 31% to a record $659.4 million, or $4.67 per diluted share, in the first nine months of fiscal 2026”
Senior notes offering: $550 million 4.950% due 2031 and $650 million 5.400% due 2036
From the filing for Senior notes offering
“the Company completed the public offering of $ 550 million aggregate principal amount of 4.950 % Senior Notes due August 1, 2031 (the "2031 Notes") and $ 650 million aggregate principal amount of 5.400 % Senior Notes due August 1, 2036 (the "2036 Notes")”
Net proceeds from notes: $1,191.5 million
From the filing for Net proceeds from notes
“The Company received net proceeds of $ 1,191.5 million, net of debt discounts and underwriting fees.”
Fiscal 2026 acquisitions consideration: $1,051,638 thousand
From the filing for Fiscal 2026 acquisitions consideration
“Total consideration $ 1,051,638”
Credit Facility amendment: increase the capacity by $200 million to $2.2 billion
From the filing for Credit Facility amendment
“increase the capacity by $ 200 million to $ 2.2 billion, (ii) extend the maturity date to June 11, 2031”

Why it mattersHEICO expanded its aerospace and defense holdings with six fiscal 2026 acquisitions and funded them through $1.2 billion in new senior notes and an enlarged $2.2 billion credit facility. Its Electronic Technologies Group grew defense and space electronic component sales to $626.1 million over nine months.

Filed: Aug 27, 2026
Accepted: 2026-08-27 20:10Z
Period: Jul 31, 2026
Accession no.: 0000046619-26-000020
Size: 8.6 MB
Index: Filing index

Summary

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