Heico (HEI) Operating Expenses (2009 - 2026)

Heico (HEI) reported Operating Expenses of $1.0 billion for Q2 2026, up 20.67% year-over-year from $849.7 million in Q2 2025, and up 11.6% quarter-over-quarter 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.

  • Operating Expenses for Q2 2026 came in at $1.0 billion, up 20.67% year-over-year; the trailing twelve-month figure through Apr 2026 was $3.8 billion (up 16.53% YoY), and the FY2025 annual result was $3.5 billion, up 14.27% from the prior year.
  • Operating Expenses rose to $1.0 billion in Q2 2026 per HEI's latest filing, from $918.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.0 billion in Q2 2026 and troughed at $391.5 million in Q1 2022.
  • A 5-year average of $694.3 million and a median of $746.6 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 61.29% in 2023, then grew 6.43% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $463.1 million in 2022, then jumped by 61.29% to $747.0 million in 2023, then grew by 6.43% to $795.0 million in 2024, then advanced by 17.03% to $930.4 million in 2025, then gained by 10.2% to $1.0 billion in 2026.
  • Business Quant data shows HEI's Operating Expenses at $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 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 1.85 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 10.18 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 19.59 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 2.10 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 120.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 12.06 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 8.89 Bn
10 Heico 46.85 Bn 46.72 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