Recent Updates — HEI-A
HEICO Corporation reported record financial results for the third quarter and first nine months of fiscal 2026, ending July 31, 2026. Third-quarter net income rose 33% to $235.4 million ($1.67 per diluted share), driven by a 23% increase in net sales to $1,413.1 million and operating margin expansion to 25.1%. The Electronic Technologies Group saw exceptional growth with 36% sales increases, while the Flight Support Group posted an 18% rise. Concurrently, HEICO completed a public offering of $1.2 billion in senior notes (4.950% due 2031 and 5.400% due 2036) to repay revolving credit facility borrowings. The company operates in the aviation, defense, space, medical, telecommunications, and electronics industries.
HEICO Corporation completed a $1.2 billion senior notes offering on July 16, 2026, consisting of $550 million in 4.950% senior notes due 2031 and $650 million in 5.400% senior notes due 2036. The company intends to use the net proceeds to pay down borrowings on its existing $2.2 billion revolving credit facility. HEICO Corporation operates in the aviation, defense, space, medical, and electronics industries through its Flight Support Group and Electronic Technologies Group.