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| Date | Value |
|---|---|
| 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 |