HEICO's first quarter 2026 EPS of $1.35 beats estimates, driven by 12% organic growth in Flight Support.

HEICO Corporation reported first quarter fiscal 2026 net sales of $1.18 billion, up 14% year-over-year, and diluted EPS of $1.35, an increase of 13%. The results were driven by strong demand across both operating segments and contributions from recent acquisitions, with performance in the Flight Support Group offsetting margin pressure in the Electronic Technologies Group.

Key Highlights

• The Flight Support Group's net sales grew 15% to $820.0 million, reflecting strong organic growth of 12%. The segment's operating margin expanded to 24.5% from 23.3% a year ago.
• The Electronic Technologies Group's net sales increased 12% to $370.7 million, but its operating margin contracted to 19.8% from 23.1% due to a less favorable product mix.
• Reported EPS was favorably impacted by a discrete tax benefit of $0.15 per share from stock option exercises; excluding this benefit, EPS would have been $1.20.