HEICO Q3 FY26: Net income +33% to $235.4M on 23% revenue growth; operating margin expands 130bp

Filed August 27, 2026 · Period ending July 31, 2026 · Compared to 10-Q Aug 27, 2025 · ~1 min read

Key Changes

• high

  Consolidated gross margin expanded 130bp to 41.1%, reflecting favorable specialty-products and aftermarket-parts mix in FSG and higher aerospace sales in ETG.

  MD&A: Gross Margin verify on EDGAR →
• high

  ETG operating income surged 55% to $125.6M (margin 26.0%, +320bp YoY) on 36% revenue growth, driven by 18% organic growth and strong SG&A leverage.

  MD&A: ETG Results verify on EDGAR →
• high

  Backlog (remaining performance obligations) increased 37% to $2.82B, with $783M expected to convert in the remainder of FY26, providing strong revenue visibility.

  Notes: Revenue Recognition verify on EDGAR →