May. 27 at 8:50 PM
$HEI Q2 FY2026 results came in well above expectations. Revenue was
$1.38B vs
$1.25B est., up 25% YoY; EPS was
$1.66 vs
$1.33 est., up 49% YoY. Operating income rose 41% to
$350.4M, with margins expanding to 25.5%. Organic growth exceeded 18%.
By segment, Flight Support Group revenue was
$929.4M (+21%) with
$243.1M operating income (+31%). Electronic Technologies Group posted
$459.5M revenue (+34%) and
$121.8M operating income (+56%).
EBITDA reached
$408.3M (+37%), with operating cash flow of
$292M (+43%). Net debt/EBITDA at 1.74x and total debt/net income at 3.28x.
Net income was
$233.8M (+49%), with net sales of
$1.3757B (+25%). Cost of sales
$806.2M, SG&A
$219.1M, interest
$34.2M.
Management highlighted record results driven by organic growth and acquisitions, with continued strong cash flow and growth expected ahead.
