Filing Flows › Heico (HEI) › Q2 FY26 › vs Q2 FY25
Heico (HEI) Q2 FY26 vs Q2 FY25 (year over year)
Heico's revenue rose $278M (+25%) from $1.1B in Q2 FY25 to $1.4B in Q2 FY26. Operating margin 25.5% against 22.6% (+2.9 pts).
Heico, Q2 FY26: revenue $1.4B (+25% year over year), operating margin 25.5%, net earnings $234M, operating cash flow $292M. The chart draws each line against Q2 FY25, the increases inside each band.
Margins
| Q2 FY26 | Q2 FY25 | Change | |
|---|---|---|---|
| Operating margin | 25.5% | 22.6% | +2.9 pts |
| Net margin | 17.0% | 14.3% | +2.7 pts |
| Free cash flow margin | 19.9% | 17.2% | +2.7 pts |
Every line
| Line | Q2 FY26 | Q2 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.1B | $278M | +25% |
| Operating profit | $350M | $248M | $102M | +41% |
| Costs & expenses | $1.0B | $850M | $176M | +21% |
| Pre-tax earnings | $318M | $216M | $102M | +47% |
| Other expense, net | $32.9M | $32.2M | $678K | +2% |
| Net earnings | $234M | $157M | $77.0M | +49% |
| Minority interests | $16.5M | $13.7M | $2.8M | +20% |
| Income tax | $67.2M | $45.4M | $21.8M | +48% |
| Depreciation & amortization | $56.6M | $48.9M | $7.8M | +16% |
| Working capital & other | $1.5M | −$975K | $2.5M | — |
| Operating cash flow | $292M | $205M | $87.3M | +43% |
| Free cash flow (OCF − capex) | $274M | $189M | $85.2M | +45% |
| Capital expenditures | $18.1M | $16.0M | $2.1M | +13% |
Questions
How much did Heico's revenue grow year over year in Q2 FY26?
Heico's revenue rose $278M (+25%) from $1.1B in Q2 FY25 to $1.4B in Q2 FY26. Operating margin 25.5% against 22.6% (+2.9 pts).