{"schema_version":"secwatch.filing_event.v1","accession":"0000046619-23-000081","form_type":"8-K","ticker":"HEI","cik":"0000046619","company_name":"HEICO CORP","filed_at":"2023-05-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.864373+00:00","generated_at":"2026-06-14T18:43:20.280865+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"HEICO Q2 record: rev $687.8M, op inc $157.1M, EPS $0.76; announces $1.9B Wencor acquisition","bullets":["Record net sales $687.8M (+28% YoY), operating income $157.1M (+28%), net income $105.1M ($0.76 diluted EPS, +24%).","Flight Support Group net sales record $392.2M (+28%), operating margin improved to 25.5% from 21.6%.","Electronic Technologies Group net sales record $301.8M (+27%), operating margin 22.5% vs 27.8% prior year.","Agreed to acquire Wencor for $1.9B cash + $150M stock; expected close by end of calendar 2023.","Organic growth 10% consolidated; cash from ops $77.8M; debt-to-equity 26.4% due to Exxelia financing."],"urls":{"canonical":"https://secwatch.observer/filing/0000046619-23-000081","json":"https://secwatch.observer/filing/0000046619-23-000081.json","markdown":"https://secwatch.observer/filing/0000046619-23-000081.md","text":"https://secwatch.observer/filing/0000046619-23-000081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/46619/000004661923000081/0000046619-23-000081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/46619/000004661923000081/hei-20230522.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T18:43:20.280865+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f5827ab391f5d6155648d5dc2c73f117c17e2c56","claim":"HEICO CORP reported the three and six months ended April 30, 2023 results: revenue $687.8 million, net income $105.1 million, EPS $.76 per diluted share.","evidence_excerpt":"28%, and Record Net Sales, which Increased 28% HOLLYWOOD, FL and MIAMI, FL -- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net sales increased 28% to a record $687.8 million in the second quarter of fiscal 2023, up from $538.8 million in the second quarter of fiscal 2022. Operating income increased 28% to a record $157.1 million in the second quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/46619/000004661923000081/0000046619-23-000081-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and six months ended April 30, 2023"},{"label":"Revenue","value":"$687.8 million"},{"label":"Net income","value":"$105.1 million"},{"label":"EPS","value":"$.76 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}