HEICO Q2 Earnings Exceed Estimates with 15.7% YoY Revenue Growth

HEICO reported Q2 CY2025 sales of $1.15 billion, up 15.7% YoY, beating estimates by 3%. GAAP profit was $1.26 per share, 10.3% above consensus estimates. The company's revenue growth of 17.7% over the last five years was exceptional, and its annualized revenue growth of 27.4% over the last two years was above its five-year trend. Sell-side analysts expect revenue to grow 8.8% over the next 12 months, above the sector average.

HEICO Corporation (NYSE: HEI) reported exceptional Q3 fiscal 2025 results, with net income surging 30% year-over-year to $177.3 million, according to a press release [1]. The company achieved record net sales of $1.15 billion, a 16% increase, and operating income of $265 million, up 22% from Q3 2024.

The Flight Support Group demonstrated remarkable performance with 20 consecutive quarters of growth, posting an 18% increase in net sales to $802.7 million and a 29% rise in operating income to $198.3 million. The Electronic Technologies Group also delivered strong results with record net sales of $355.9 million, up 10%, and operating income of $81 million, up 7%.

Consolidated operating margin improved to 23.1%, while cash flow from operations increased 8% to $231.2 million. The company maintains a strong financial position with a reduced net debt to EBITDA ratio of 1.90x.

Laurans A. Mendelson, Executive Chairman, along with Co-Chief Executive Officers Eric A. Mendelson and Victor H. Mendelson, commented on the Company's third quarter results stating, "We are proud to report record quarterly net income, operating income, and net sales, mainly reflecting robust double-digit consolidated organic net sales growth."

References:
[1] https://www.stocktitan.net/news/HEI/heico-corporation-reports-record-net-income-up-30-on-record-dtjcrbpnhlmd.html