HEICO Q1 net sales rise 14%, slightly beat estimates

Heico

25/02/2026 22:00

Overview

Aerospace and defense firm's fiscal Q1 net sales rose 14%, slightly beating expectations

Net income for fiscal Q1 increased 13% to a record $190.2 mln

Operating income for fiscal Q1 grew 15%, driven by strong demand and acquisitions

Outlook

HEICO expects continued sales momentum across Flight Support and Electronic Technologies Groups

Company forecasts strong cash flow from operations for fiscal 2026

Result Drivers

ORGANIC SALES GROWTH - Strong double-digit organic net sales growth across Flight Support and Electronic Technologies Groups drove results

Company press release: ID:nACS0h5dya

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$1.18 bln
$1.17 bln (16 Analysts)
Q1 EPS
$1.35
Q1 Net Income
$190.20 mln
Q1 EBITDA
$312 mln
Q1 Operating Income
$259.90 mln
Q1 Operating Margin
22.10%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy"

Wall Street's median 12-month price target for HEICO Corp is $375.00, about 6.9% above its February 24 closing price of $350.64

The stock recently traded at 61 times the next 12-month earnings vs. a P/E of 59 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)