HEICO CORP 8K

HEICO Corporation reported record third-quarter and year-to-date fiscal 2026 results with strong organic growth, margin expansion, improved leverage metrics, and the completion of a $1.2 billion senior notes offering used to refinance revolver debt.

On August 25, 2026, HEICO Corporation announced record financial results for its third quarter and first nine months of fiscal 2026, highlighted by a 33% year-over-year increase in quarterly net income to $235.4 million ($1.67 per diluted share), a 34% increase in operating income to $355.2 million, and a 23% increase in net sales to $1.41 billion, driven by 14% consolidated organic net sales growth and contributions from recent acquisitions across both the Flight Support Group and Electronic Technologies Group. The company reported improved operating margins in both segments, robust cash flow from operating activities (up 49% to $345.3 million for the quarter and $815.9 million year-to-date), and stronger leverage metrics, with total debt to net income and net debt to EBITDA ratios both improving versus year-end 2025. HEICO also completed a public offering of $1.2 billion of senior notes (split between 4.950% Senior Notes due 2031 and 5.400% Senior Notes due 2036) and used the proceeds to repay borrowings under its revolving credit facility, while reiterating expectations for continued sales growth supported by demand and acquisitions and emphasizing its capital allocation focus on organic investment and further M&A.

Filing Facts

CIK

46619

Ticker

HEI

Form

8K

Source Type

sec

Accession

0000046619-26-000018

Alert Tier

7