Heico (HEI) Change in Taxes (2009 - 2026)
Heico (HEI) posted quarterly Change in Taxes of -$22.6 million for Q2 2026, down 258.67% year-over-year from $14.2 million in Q2 2025, and down 320.01% quarter-over-quarter from $10.3 million in Q1 2026.
Heico (HEI) Change in Taxes (2009 - 2026) Analysis & Trends
Heico (HEI) has reported Change in Taxes for 18 consecutive years, with -$22.6 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Change in Taxes fell 258.67% year-over-year to -$22.6 million; the TTM figure through Apr 2026 stood at -$42.3 million (down 212.43% YoY), while the FY2025 annual figure was -$19.4 million, down 196.08% from the prior year.
- Change in Taxes fell to -$22.6 million in Q2 2026 per HEI's latest filing, from $10.3 million in the prior quarter.
- Across five years, Change in Taxes topped out at $29.8 million in Q4 2024 and bottomed at -$38.3 million in Q3 2025.
- Historically, Change in Taxes has averaged -$245388.9 across 5 years, with a median of $3.7 million in 2022.
- Annual changes were most pronounced in 2023 — Change in Taxes soared 19320.83% — and 2025, when it slumped 1315.46%.
- Heico's Change in Taxes stood at $14.0 million in 2022, then slumped by 96.7% to $462000.0 in 2023, then soared by 6340.26% to $29.8 million in 2024, then tumbled by 72.28% to $8.2 million in 2025, then tumbled by 373.44% to -$22.6 million in 2026.
- Business Quant data shows HEI's Change in Taxes at -$22.6 million in Q2 2026, $10.3 million in Q1 2026, and $8.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | - |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | - |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | -4.00 Mn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | -60.00 Mn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | -53.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 126.00 Mn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 43.00 Mn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | - |
| 10 | Heico | 49.57 Bn | 49.36 Bn | 569.53 Mn | -22.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -22.55 Mn |
| Apr 30, 2026 | -22.55 Mn |
| Jan 31, 2026 | 10.25 Mn |
| Jan 31, 2026 | 10.25 Mn |
| Oct 31, 2025 | 8.25 Mn |
| Oct 31, 2025 | 8.25 Mn |
| Jul 31, 2025 | -38.27 Mn |
| Jul 31, 2025 | -38.27 Mn |
| Apr 30, 2025 | -6.29 Mn |
| Apr 30, 2025 | -6.29 Mn |
| Jan 31, 2025 | 16.89 Mn |
| Jan 31, 2025 | 16.89 Mn |
| Oct 31, 2024 | 29.75 Mn |
| Oct 31, 2024 | 29.75 Mn |
| Jul 31, 2024 | -2.70 Mn |
| Jul 31, 2024 | -2.70 Mn |
| Apr 30, 2024 | -19.18 Mn |
| Apr 30, 2024 | -19.18 Mn |
| Jan 31, 2024 | 12.35 Mn |
| Jan 31, 2024 | 12.35 Mn |