Filing Flows › Heico (HEI) › Q3 FY26 › vs Q2 FY26
Heico (HEI) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Heico's revenue rose $37.3M (+3%) from $1.4B in Q2 FY26 to $1.4B in Q3 FY26. Operating margin 25.1% against 25.5% (-0.3 pts).
Heico, Q3 FY26: revenue $1.4B (+23% year over year), operating margin 25.1%, net earnings $235M, operating cash flow $345M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Operating margin | 25.1% | 25.5% | -0.3 pts |
| Net margin | 16.7% | 17.0% | -0.3 pts |
| Free cash flow margin | 22.8% | 19.9% | +2.9 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $37.3M | +3% |
| Operating profit | $355M | $350M | $4.8M | +1% |
| Costs & expenses | $1.1B | $1.0B | $32.6M | +3% |
| Pre-tax earnings | $321M | $318M | $3.0M | +1% |
| Other expense, net | $34.6M | $32.9M | $1.7M | +5% |
| Net earnings | $235M | $234M | $1.6M | +0.7% |
| Minority interests | $19.0M | $16.5M | $2.5M | +15% |
| Income tax | $66.1M | $67.2M | −$1.1M | -2% |
| Depreciation & amortization | $58.7M | $56.6M | $2.1M | +4% |
| Working capital & other | $51.2M | $1.5M | $49.6M | 33× |
| Operating cash flow | $345M | $292M | $53.4M | +18% |
| Free cash flow (OCF − capex) | $323M | $274M | $48.9M | +18% |
| Capital expenditures | $22.6M | $18.1M | $4.5M | +25% |
Questions
How much did Heico's revenue grow quarter over quarter in Q3 FY26?
Heico's revenue rose $37.3M (+3%) from $1.4B in Q2 FY26 to $1.4B in Q3 FY26. Operating margin 25.1% against 25.5% (-0.3 pts).