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| 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 |