HEICO CORP Q3 2026 Financial Performance

  • Net income increased 33 % to $235.4 million ($1.67 per diluted share) versus $177.34 million ($1.26) a year earlier.
  • Revenue rose 23.1 % to $1.413 billion from $1.148 billion.
  • GAAP earnings per share of $1.67 exceeded expectations by $0.17.
  • Operating income in the Electronic Technologies segment grew 55 %, with margin expansion of 320 basis points.

These results reflect the company’s continued demand from aerospace and defense customers, including the United States Air Force, Navy and NASA.

Guidance and Strategic Outlook

  • The company has set a target of 15 %–20 % annual net‑income growth and plans to expand its mergers and acquisitions capacity to $3 billion.
  • Stifel analysts have raised HEICO’s price target to $410 on the basis of steady growth prospects.

Recent Product Launches

  • VPT, Inc., a HEICO subsidiary, has made its VXR and VPT Series DC‑DC converters, EMI filters, and accessories available through DigiKey, reinforcing HEICO’s position in high‑reliability power conversion for military, avionics and space applications.

Market Context

  • The company’s share price closed at $346.15 on 25 August 2026, within a 52‑week range of $256.11 to $376.86.
  • HEICO’s market capitalization stands at $41.39 billion with a price‑earnings ratio of 46.42.

The data indicate that HEICO continues to deliver strong profitability, robust revenue growth, and a clear expansion strategy, supported by its diversified aerospace and defense portfolio.