Highest-materiality recent filing
HEICO Q2 FY2026: record net income +49%, sales +25%, organic growth 18%
Net income record $233.8M ($1.66 diluted EPS) vs $156.8M ($1.12) YoY; revenue record $1.376B.
HEICO reports record Q1 FY2026 net income up 13% to $190.2M, revenue up 14% to $1.18B
Record net income $190.2M ($1.35 diluted EPS), up 13% YoY; revenue $1,178.6M (+14%).
HEICO Q4 FY2025: record net income up 35% to $188.3M; net sales up 19% to $1.21B
Q4 diluted EPS $1.33 vs $0.99 (+34%); full-year EPS $4.90 vs $3.67 (+34%).
HEICO Executive Chairman Laurans Mendelson passes away at 87; sons named Co-Chairmen
Laurans A. Mendelson, Executive Chairman, died Sept 27, 2025 at age 87.
HEICO reports record Q3 net income up 30% to $177.3M; EPS $1.26
Q3 net sales record $1,147.6M (+16% YoY); operating income record $265.0M (+22%); consolidated operating margin 23.1% vs 21.8%.
HEICO Q2 net income up 27% to $156.8M; record sales $1.098B, operating income $248.2M
Net income $156.8M ($1.12 diluted EPS) vs $123.1M ($0.88) in Q2 FY24, up 27%.
HEICO appoints Eric and Victor Mendelson as Co-CEOs; Laurans Mendelson becomes Executive Chairman
Laurans A. Mendelson transitions to Executive Chairman from CEO effective May 1, 2025.
HEICO Q1 FY2025: net income record $168M (+46%), sales record $1.03B (+15%)
Diluted EPS $1.20 vs $0.82 YoY; includes $0.19 discrete tax benefit from stock option exercises.
HEICO reports record Q4 net income $139.7M (+35%); FY net sales $3.86B (+30%)
Q4 record net sales $1,013.7M (+8% YoY), operating income $218.6M (+15%), margin 21.6% vs 20.2%.
HEICO posts record Q3 net sales up 37% to $992M; EPS $0.97 vs $0.74 YoY
Q3 net income rose 34% to $136.6M ($0.97 diluted EPS); operating income up 45% to $216.4M.
HEICO Q2 FY2024: Record sales up 39%, net income up 17% to $123.1M
Net sales record $955.4M (+39% YoY); operating income record $209.2M (+33%); diluted EPS $0.88.
HEICO Q1 FY2024 net sales +44%, net income +23% to $114.7M; Flight Support Group record sales up 67%
Diluted EPS $0.82 vs $0.67; net income $114.7M vs $93.0M; operating income +39% to $180.2M.
HEICO reports record FY2023 net sales up 34% to $2.97B, EPS $2.91 (+15%)
Q4 net sales $936.4M (+54% YoY); operating income $189.4M (+29%); diluted EPS $0.74 (+6%).
HEICO completes $1.9B acquisition of Wencor; Wencor reported $487.5M revenue in FY2022
Total consideration: $1.9B cash (net of adjustments) plus 1,137,628 HEI Class A shares.
HEICO reports record Q3 net sales $723M, net income up 24%, completes $2B Wencor acquisition
Q3 net sales record $722.9M (+27% YoY); diluted EPS $0.74 vs $0.60; net income $102.0M (+24%).
HEICO completes $1.9B acquisition of Wencor Group (Jazz Parent Inc.)
Closed acquisition of Jazz Parent, owner of Wencor, for $1.9B cash (adjusted) plus 1,137,628 HEI.A shares.
HEICO completes $2.05B acquisition of Wencor Group, its largest ever
Paid $1.9B cash plus $150M HEICO Class A common stock at closing; aggregate value $2.05B.
HEICO closes $1.2B investment-grade notes offering to fund Wencor acquisition
Closed $600M 5.250% senior notes due 2028 and $600M 5.350% senior notes due 2033.
HEICO issues $1.2B in senior notes to fund Wencor acquisition
Issued $600M 5.250% Senior Notes due 2028 and $600M 5.350% Senior Notes due 2033.
HEICO increases revolving credit facility to $2.0B, extends maturity to July 2028
Amendment boosts lender commitments from $1.5B to $2.0B and extends maturity to July 14, 2028.
HEICO Q2 record: rev $687.8M, op inc $157.1M, EPS $0.76; announces $1.9B Wencor acquisition
Record net sales $687.8M (+28% YoY), operating income $157.1M (+28%), net income $105.1M ($0.76 diluted EPS, +24%).
HEICO to acquire Wencor Group for $2.05B ($1.9B cash + $150M stock)
Wencor is a large commercial/military aircraft aftermarket parts distributor and repair provider, owned by Warburg Pincus.
HEICO acquires Wencor Group for $2.05B ($1.9B cash + $150M stock), its largest deal
Acquisition valued at $2.05 billion: $1.9B cash and $150M in HEICO Class A Common Stock at closing.
HEICO reports cybersecurity incident with data theft; believes no material financial impact
Incident discovered March 2, 2023; contained promptly; affected IT systems substantially restored.
In connection with this transition, the Company appointed Eric A. Mendelson and Victor H. Mendelson to serve as Co-Chief Executive Officers (co-principal executive officers), also effective May 1, 2025.
In connection with this transition, the Company appointed Eric A. Mendelson and Victor H. Mendelson to serve as Co-Chief Executive Officers (co-principal executive officers), also effective May 1, 2025.
Effective May 1, 2025, Laurans A. Mendelson, the Company’s Chairman and Chief Executive Officer (principal executive officer), will assume the role of Executive Chairman of the Board.
Steven M. Walker, the Chief Accounting Officer (principal accounting officer) and Assistant Treasurer of HEICO Corporation (“HEICO” or the "Company"), provided the Company notice of his retirement on February 10, 2025.
On February 13, 2025, the Company appointed Bradley K. Rowen, Senior Director of Corporate Accounting and Finance, to succeed Mr. Walker as Chief Accounting Officer (principal accounting officer) and Assistant Treasurer, effective February 14, 2025.
Max materiality 1.00 · Median 0.78 · Most common event earnings