Filing Flows › Heico (HEI) › Q4 FY25
Heico (HEI) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Dec 22, 2025
Heico (HEI) reported revenue of $1.2B for the fourth quarter fiscal 2025 (Q4 FY25), +19% from a year earlier and +5% from the quarter before. Operating margin was 23.1%, net earnings $188M (15.6% of revenue).
Heico, Q4 FY25: revenue $1.2B (+19% year over year), operating margin 23.1%, net earnings $188M, operating cash flow $295M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +5% | +19% |
| Operating profit | $279M | +5% | +28% |
| Net earnings | $188M | +6% | +35% |
| Operating cash flow | $295M | +28% | +44% |
| Free cash flow | $268M | +23% | +42% |
What changed
Revenue was $1.2B in Q4 FY25, up 19% year over year and up 5% from the previous quarter.
Operating profit was $0.28B, a 23.1% margin (up 1.5 points year over year). Of the extra revenue versus Q4 FY24, 31% reached operating profit, above the 22% margin then. Total costs grew 17% against revenue growth of 19%. Net earnings were $0.19B, up 35% year over year. The effective tax rate was 18.0%.
Operating cash flow was $0.30B (up 44% year over year), 146% of net income including minority interests. Non-cash charges added back $0.05B of depreciation and amortization. Working capital and other items added $0.04B. Capital expenditures of $0.03B left free cash flow of $0.27B.
Questions
What was Heico's revenue in the fourth quarter fiscal 2025?
Heico (HEI) reported revenue of $1.2B for the fourth quarter fiscal 2025 (Q4 FY25), +19% from a year earlier and +5% from the quarter before.
Was Heico profitable in the fourth quarter fiscal 2025?
Operating profit was $279M (23.1% of revenue) and net earnings $188M.
Source: Heico 10-K on SEC EDGAR.