Filing Flows › Heico (HEI) › Q3 FY25
Heico (HEI) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 27, 2025
Heico (HEI) reported revenue of $1.1B for the third quarter fiscal 2025 (Q3 FY25), +16% from a year earlier and +5% from the quarter before. Operating margin was 23.1%, net earnings $177M (15.5% of revenue).
Heico, Q3 FY25: revenue $1.1B (+16% year over year), operating margin 23.1%, net earnings $177M, operating cash flow $231M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +5% | +16% |
| Operating profit | $265M | +7% | +22% |
| Net earnings | $177M | +13% | +30% |
| Operating cash flow | $231M | +13% | +8% |
| Free cash flow | $218M | +16% | +10% |
What changed
Revenue was $1.1B in Q3 FY25, up 16% year over year and up 5% from the previous quarter.
Operating profit was $0.27B, a 23.1% margin (up 1.3 points year over year). Of the extra revenue versus a year earlier, 31% reached operating profit, above the 22% margin then. Total costs grew 14% against revenue growth of 16%. Net earnings were $0.18B, up 30% year over year. The effective tax rate was 18.9%.
Operating cash flow was $0.23B (up 8% year over year), 121% of net income including minority interests. Non-cash charges added back $0.05B of depreciation and amortization. Capital expenditures of $0.01B left free cash flow of $0.22B.
Questions
What was Heico's revenue in the third quarter fiscal 2025?
Heico (HEI) reported revenue of $1.1B for the third quarter fiscal 2025 (Q3 FY25), +16% from a year earlier and +5% from the quarter before.
Was Heico profitable in the third quarter fiscal 2025?
Operating profit was $265M (23.1% of revenue) and net earnings $177M.
Source: Heico 10-Q on SEC EDGAR.