Heico (HEI) Operating Expenses (2009 - 2026)

Heico's (HEI) quarterly Operating Expenses came in at $1.0 billion in Q2 2026, up 20.67% year-on-year from $849.7 million in Q2 2025, and up 11.6% on a QoQ basis from $918.7 million in Q1 2026.

Heico (HEI) Operating Expenses (2009 - 2026) Analysis & Trends

Heico (HEI) has 18 years of Operating Expenses data on file, last reported at $1.0 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 20.67% year-over-year to $1.0 billion in Q2 2026; TTM through Apr 2026 was $3.8 billion, a 16.53% increase from a year earlier, with the FY2025 full-year figure at $3.5 billion, up 14.27% from the prior year.
  • Operating Expenses for Q2 2026 stood at $1.0 billion, up from $918.7 million in the prior quarter.
  • Over the last five years, Operating Expenses for HEI reached as high as $1.0 billion in Q2 2026 and fell as low as $391.5 million in Q1 2022.
  • Historically, Operating Expenses has averaged $694.3 million across 5 years, with a median of $746.6 million in 2023.
  • Across the five-year window, Operating Expenses surged 61.29% in 2023 and advanced 6.43% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $463.1 million in 2022, then jumped by 61.29% to $747.0 million in 2023, then gained by 6.43% to $795.0 million in 2024, then increased by 17.03% to $930.4 million in 2025, then grew by 10.2% to $1.0 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $1.0 billion in Q2 2026, $918.7 million in Q1 2026, and $930.4 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 369.74 Bn 360.40 Bn -3.10 Bn 10.86 Bn
2 Rtx 286.79 Bn 278.48 Bn 9.91 Bn 21.96 Bn
3 Boeing 168.91 Bn 148.89 Bn 2.41 Bn 2.35 Bn
4 Lockheed Martin 132.03 Bn 128.24 Bn 2.45 Bn -
5 Howmet Aerospace 111.81 Bn 109.37 Bn 854.00 Mn 27.00 Mn
6 General Dynamics 101.89 Bn 97.56 Bn 6.76 Bn 12.63 Bn
7 Northrop Grumman 75.58 Bn 73.27 Bn 3.72 Bn 9.78 Bn
8 TransDigm 72.49 Bn 68.61 Bn 1.51 Bn 273.00 Mn
9 L3Harris Technologies 50.52 Bn 49.93 Bn 1.40 Bn 750.00 Mn
10 Heico 49.29 Bn 49.08 Bn 569.53 Mn 1.03 Bn

Historic Data

Download Data
DateValue
Apr 30, 2026 1.03 Bn
Jan 31, 2026 918.68 Mn
Oct 31, 2025 930.39 Mn
Jul 31, 2025 882.57 Mn
Apr 30, 2025 849.67 Mn
Jan 31, 2025 803.42 Mn
Oct 31, 2024 795.02 Mn
Jul 31, 2024 775.80 Mn
Apr 30, 2024 746.24 Mn
Jan 31, 2024 716.15 Mn
Oct 31, 2023 747.00 Mn
Jul 31, 2023 573.54 Mn
Apr 30, 2023 530.75 Mn
Jan 31, 2023 491.48 Mn
Oct 31, 2022 463.14 Mn
Jul 31, 2022 440.78 Mn
Apr 30, 2022 416.04 Mn
Jan 31, 2022 391.52 Mn
Oct 31, 2021 394.39 Mn
Jul 31, 2021 370.87 Mn