7Baggers
Quarterly
Annual
    Unit: USD2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-07-31 2023-04-30 2023-01-31 2022-10-31 2022-07-31 2022-04-30 2022-01-31 2021-10-31 2021-07-31 2021-04-30 2021-01-31 2020-10-31 2020-07-31 2020-04-30 2020-01-31 2019-10-31 2019-07-31 2019-04-30 2019-01-31 2018-10-31 2018-07-31 2018-04-30 2018-01-31 2017-10-31 2017-07-31 2017-04-30 2017-01-31 2016-10-31 2016-07-31 2016-04-30 2016-01-31 2015-10-31 2015-07-31 2015-04-30 2015-01-31 2014-10-31 2014-07-31 2014-04-30 2014-01-31 2013-10-31 2013-07-31 2013-04-30 2013-01-31 2012-10-31 2012-07-31 2011-10-31 2011-07-31 2011-04-30 2011-01-31 2010-10-31 2010-07-31 2010-04-30 2010-01-31 2009-10-31 2009-07-31 2009-04-30 
      
    		                                                                
      net sales
    		1,147,591,000 1,097,820,000 1,030,222,000 1,013,665,000 992,246,000 955,395,000 896,363,000 936,447,000 722,902,000 687,841,000 620,915,000 609,638,000 569,528,000 538,813,000 490,343,000 509,422,000 471,707,000 466,651,000 417,902,000 426,178,000 386,410,000 468,146,000 506,275,000 541,529,000 532,324,000 515,648,000 466,146,000 476,884,000 465,825,000 430,602,000 404,410,000 421,224,000 391,500,000 368,657,000 343,432,000 363,299,000 356,084,000 350,648,000 306,227,000 328,672,000 300,370,000 291,421,000 268,185,000 292,223,000 291,030,000 282,232,000 266,826,000 287,426,000 267,133,000 237,708,000 216,490,000 242,409,000 225,969,000 208,919,000 197,267,000 184,486,000 174,219,000 169,370,000 158,270,000 153,845,000 135,535,000 143,607,000 134,086,000 130,166,000 
      operating costs and expenses:
    		                                                                
      cost of sales
    		690,434,000 660,016,000 624,560,000 619,773,000 602,976,000 583,600,000 549,594,000 572,004,000 444,168,000 421,329,000 377,116,000 369,255,000 348,591,000 327,584,000 300,133,000 304,923,000 286,990,000 286,878,000 259,468,000 264,471,000 242,927,000 289,256,000 308,228,000 332,144,000 319,493,000 306,261,000 283,909,000 290,426,000 284,216,000 262,745,000 249,619,000 261,195,000 242,603,000 228,275,000 218,015,000 227,615,000 222,501,000 216,619,000 194,031,000 201,876,000 192,278,000 185,927,000 174,388,000 189,277,000 187,703,000 182,310,000 174,709,000 180,822,000 169,593,000 148,260,000 138,901,000 152,671,000 141,717,000 88,962,500 127,442,000 118,115,000 110,293,000 108,322,000 100,717,000 100,219,000 85,415,000 94,829,000 88,275,000 87,648,000 
      gross profit
    		                                                                
      yoy
    		                                                                
      qoq
    		                                                                
      gross margin %
    		                                                                
      selling, general and administrative expenses
    		192,138,000 189,652,000 178,857,000 175,246,000 172,824,000 162,642,000 166,559,000 174,995,000 129,367,000 109,422,000 114,365,000 93,885,000 92,190,000 88,452,000 91,388,000 89,470,000 83,879,000 83,025,000 78,149,000 72,644,000 75,049,000 70,729,000 87,057,000 88,832,000 93,417,000 90,204,000 84,290,000 82,761,000 80,186,000 76,292,000 75,231,000 70,585,000 72,775,000 63,840,000 60,867,000 59,608,000 63,729,000 67,235,000 59,575,000 57,844,000 49,582,000 49,706,000 47,391,000 49,227,000 53,214,000 50,751,000 41,732,000 51,047,000 49,134,000 44,760,000 42,650,000 44,132,000 41,797,000 36,879,000 34,119,000 33,458,000 31,554,000 31,369,000 28,560,000 27,669,000 25,576,000 24,717,000 24,389,000 21,199,000 
      total operating costs and expenses
    		882,572,000 849,668,000 803,417,000 795,019,000 775,800,000 746,242,000 716,153,000 746,999,000 573,535,000 530,751,000 491,481,000 463,140,000 440,781,000 416,036,000 391,521,000 394,393,000 370,869,000 369,903,000 337,617,000 337,115,000 317,976,000 359,985,000 395,285,000 420,976,000 412,910,000 396,465,000 368,199,000 373,187,000 364,402,000 339,037,000 324,850,000 331,780,000 315,378,000 292,115,000 278,882,000 287,223,000 286,230,000 283,854,000 253,606,000 259,720,000 241,860,000 235,633,000 221,779,000 238,504,000 240,917,000 233,061,000 216,441,000 231,869,000 218,727,000 193,020,000 181,551,000 196,803,000 183,514,000 113,745,250 161,561,000 151,573,000 141,847,000 139,691,000 129,277,000 127,888,000 110,991,000 119,546,000 112,664,000 108,847,000 
      operating income
    		265,019,000 248,152,000 226,805,000 218,646,000 216,446,000 209,153,000 180,210,000 189,448,000 149,367,000 157,090,000 129,434,000 146,498,000 128,747,000 122,777,000 98,822,000 115,029,000 100,838,000 96,748,000 80,285,000 89,063,000 68,434,000 108,161,000 110,990,000 120,553,000 119,414,000 119,183,000 97,947,000 103,697,000 101,423,000 91,565,000 79,560,000 89,444,000 76,122,000 76,542,000 64,550,000 76,076,000 69,854,000 66,794,000 52,621,000 68,952,000 58,510,000 55,788,000 46,406,000 53,719,000 50,113,000 49,171,000 50,385,000 55,557,000 48,406,000 44,688,000 34,939,000 45,606,000 42,455,000 37,440,000 35,706,000 32,913,000 32,372,000 29,679,000 28,993,000 25,957,000 24,544,000 24,061,000 21,422,000 21,319,000 
      yoy
    		22.44% 18.65% 25.86% 15.41% 44.91% 33.14% 39.23% 29.32% 16.02% 27.95% 30.98% 27.36% 27.68% 26.90% 23.09% 29.15% 47.35% -10.55% -27.66% -26.12% -42.69% -9.25% 13.32% 16.26% 17.74% 30.16% 23.11% 15.94% 33.24% 19.63% 23.25% 17.57% 8.97% 14.59% 22.67% 10.33% 19.39% 19.73% 13.39% 28.36% 16.76% 13.46% -7.90% -3.31% 3.53% 10.03% 44.21% 21.82% 14.02% 19.36% -2.15% 38.57% 31.15% 26.15% 23.15% 26.80% 31.89% 23.35% 35.34% 21.76%     
      qoq
    		6.80% 9.41% 3.73% 1.02% 3.49% 16.06% -4.88% 26.83% -4.92% 21.37% -11.65% 13.79% 4.86% 24.24% -14.09% 14.07% 4.23% 20.51% -9.86% 30.14% -36.73% -2.55% -7.93% 0.95% 0.19% 21.68% -5.55% 2.24% 10.77% 15.09% -11.05% 17.50% -0.55% 18.58% -15.15% 8.91% 4.58% 26.93% -23.68% 17.85% 4.88% 20.22% -13.61% 7.20% 1.92% -2.41% -9.31% 14.77% 8.32% 27.90% -23.39% 7.42% 13.39% 4.86% 8.49% 1.67% 9.07% 2.37% 11.70% 5.76% 2.01% 12.32% 0.48%  
      operating margin %
    		                                                                
      interest expense
    		-31,701,000 -32,865,000 -32,458,000 -35,406,000 -36,788,000 -38,512,000 -38,607,000 -43,423,000 -12,120,000 -11,373,000 -6,068,000 -3,205,000 -1,406,000 -979,000 -796,000 -1,037,000 -1,717,000 -2,083,000 -2,448,000 -2,515,000 -2,602,000 -3,759,000 -4,283,000 -5,199,000 -5,523,000 -5,484,000 -5,489,000 -5,060,000 -5,212,000 -4,904,000 -4,725,000 -3,414,000 -2,447,000 -1,960,000 -1,969,000 -2,078,000 -2,294,000 -2,333,000 -1,567,000 -1,280,000 -1,088,000 -1,146,000 -1,112,000 -1,275,000 -1,444,000 -1,441,000 -1,281,000 -1,177,000 -1,097,000 -803,000 -640,000 -616,000 -552,000 241,000 -7,000 -38,000 -54,000 -86,000 -136,000 -167,000 -119,000 -131,000 -177,000 -112,000 
      other income
    		1,662,000 636,000 919,000 646,000 659,000 460,000 679,000 1,040,000 906,000 343,000 639,000 -120,000 145,000 314,000 226,000 264,000 162,000 306,000 711,000 432,000 632,000 107,000 195,000 19,000 268,000 2,484,000 -332,000 -56,000 -112,000 -250,000 360,000 257,000 200,000 151,000 484,000 -177,000 16,000 568,000 -430,000 -441,000 -184,000 362,000 197,000 34,000 83,000 350,000 158,000 383,000 59,000 161,000 285,000 123,000 -131,000 -85,000 -57,000 151,000 55,000 -2,000 -31,000 268,000 155,000 19,000 184,000 49,000 
      income before income taxes and noncontrolling interests
    		234,980,000 215,923,000 195,266,000 183,886,000 180,317,000 171,101,000 142,282,000 147,065,000 138,153,000 146,060,000 124,005,000 143,173,000 127,486,000 122,112,000 98,252,000 114,256,000 99,283,000 94,971,000 78,548,000 86,980,000 66,464,000 104,509,000 106,902,000 115,373,000 114,159,000 116,183,000 92,126,000 98,581,000 96,099,000 86,411,000 75,195,000 86,287,000 73,875,000 74,733,000 63,065,000 73,821,000 67,576,000 65,029,000 50,624,000 67,231,000 57,238,000 55,004,000 45,491,000 52,478,000 48,752,000 48,080,000 49,262,000 54,763,000 47,368,000 44,046,000 34,584,000 45,113,000 41,772,000 25,260,250 35,642,000 33,026,000 32,373,000    24,580,000    
      income tax expense
    		44,300,000 45,400,000 13,700,000 33,000,000 32,500,000 36,200,000 16,800,000 33,500,000 25,400,000 31,000,000 21,000,000 33,000,000 34,400,000 29,000,000 4,000,000 20,900,000 15,600,000 18,500,000  19,400,000 8,900,000 23,600,000  22,800,000 25,100,000 26,100,000 4,100,000 24,500,000 22,200,000 20,400,000 3,500,000 27,200,000 22,400,000 23,900,000 16,800,000 24,300,000 20,600,000 21,300,000 14,700,000 23,200,000 18,300,000 16,500,000 13,400,000 16,400,000 11,400,000 15,300,000 16,700,000 19,000,000 12,600,000 15,000,000 9,600,000 15,800,000 13,100,000 7,500,000 9,250,000 10,900,000 9,850,000 9,700,000 9,300,000 9,150,000 8,550,000 8,669,000 6,511,000 6,960,000 
      net income from consolidated operations
    		190,680,000 170,523,000 181,566,000 150,886,000 147,817,000 134,901,000 125,482,000 113,565,000 112,753,000 115,060,000 103,005,000 110,173,000 93,086,000 93,112,000 94,252,000 93,356,000 83,683,000 76,471,000 76,248,000 67,580,000 57,564,000 80,909,000 129,802,000 92,573,000 89,059,000 90,083,000 88,026,000 74,081,000 73,899,000 66,011,000 71,695,000 59,087,000 51,475,000 50,833,000 46,265,000 49,521,000 46,976,000 43,729,000 35,924,000 44,031,000 38,938,000 38,504,000 32,091,000 36,078,000 37,352,000 32,780,000 32,562,000 35,763,000 34,768,000 29,046,000 24,984,000 29,313,000 28,672,000 17,760,250 26,392,000 22,126,000 22,523,000 19,891,000 19,526,000 16,908,000 16,030,000    
      less: net income attributable to noncontrolling interests
    		13,339,000 13,730,000 13,611,000 11,198,000 11,240,000 11,755,000 10,784,000 10,139,000 10,730,000 9,940,000 9,978,000 12,969,000 10,546,000 8,102,000 7,331,000 7,294,000 6,794,000 5,798,000 5,652,000 5,253,000 3,248,000 5,456,000 7,914,000 6,889,000 7,961,000 8,301,000 8,694,000 6,704,000 6,813,000 6,393,000 6,543,000 5,413,000 5,777,000 5,147,000 5,338,000 5,259,000 4,974,000 5,072,000 4,653,000 5,781,000 4,569,000 5,399,000 4,451,000 3,973,000 3,986,000 4,413,000 5,107,000 5,972,000 5,821,000 5,346,000 5,026,000 5,522,000 5,544,000 4,183,750 5,990,000 5,296,000 5,449,000    -4,237,000    
      net income attributable to heico
    		177,341,000 156,793,000 167,955,000 139,688,000 136,577,000 123,146,000 114,698,000 103,426,000 102,023,000 105,120,000 93,027,000 97,204,000 82,540,000 85,010,000 86,921,000 86,062,000 76,889,000 70,673,000 70,596,000 62,327,000 54,316,000 75,453,000 121,888,000 85,684,000 81,098,000 81,782,000 79,332,000 67,377,000 67,086,000 59,618,000 65,152,000 53,674,000 45,698,000 45,686,000 40,927,000 44,262,000 42,002,000 38,657,000 31,271,000 38,250,000 34,369,000 33,105,000 27,640,000 32,105,000 33,366,000 28,367,000 27,455,000 29,791,000 28,947,000 23,700,000 19,958,000 23,791,000 23,128,000 18,514,000 20,402,000 16,830,000 17,074,000 15,642,000 14,930,000 12,573,000 11,793,000    
      net income per share
    		                                                                
      basic
    		1.27 1.13 1.21 1 0.99 0.89 0.83 0.75 0.74 0.77 0.68 0.72 0.61 0.63 0.64 0.64 0.57 0.52 0.52 0.46 0.4 0.56 0.91 0.63 0.61 0.61 0.6 0.51 0.51 0.56 0.62 0.64 0.54 0.54 0.61 0.66 0.63 0.58 0.47 0.57 0.51 0.5 0.42 0.48 0.5 0.43 0.41 0.17 0.55 0.45 0.38 0.45 0.44 0.44 0.49 0.4 0.52    0.45 0.44 0.43 0.4 
      diluted
    		1.26 1.12 1.2 1 0.97 0.88 0.82 0.74 0.74 0.76 0.67 0.7 0.6 0.62 0.63 0.63 0.56 0.51 0.51 0.46 0.4 0.55 0.89 0.63 0.59 0.6 0.58 0.5 0.49 0.55 0.6 0.61 0.53 0.53 0.59 0.65 0.62 0.57 0.46 0.57 0.51 0.49 0.41 0.48 0.49 0.42 0.41 0.17 0.54 0.44 0.37 0.45 0.43 0.43 0.48 0.4 0.5    0.44 0.43 0.41 0.39 
      weighted-average number of common shares outstanding:
    		                                                                
      basic
    		139,135 139,005 138,837 138,455 138,516 138,386 138,265 137,185 137,006 136,916 136,655 136,010 135,978 135,891 135,635 135,326 135,370 135,294 135,210 134,754 134,837 134,669 134,523 133,640 133,970 133,313 132,933 132,543 132,794 105,940 105,639 84,290 84,343 84,221 67,314 67,045 67,126 66,923 66,875 66,740 66,813 66,711 66,595 66,463 66,497 66,437 66,393 66,298 53,074 53,035 52,951 52,689 52,695 41,632,000 41,729,088 41,627,329 33,087,674 32,832,508   26,146,872 26,204,799 26,082,914 26,224,248 
      diluted
    		140,950 140,599 140,484 140,198 140,305 140,059 139,893 138,905 138,668 138,600 138,579 138,037 137,837 137,867 137,966 137,854 137,957 137,814 137,742 137,302 137,234 137,117 137,421 137,350 137,634 137,206 136,978 136,696 136,733 109,271 109,112 86,776 86,893 86,637 69,123 68,170 68,278 68,028 67,940 67,811 67,901 67,801 67,669 67,453 67,474 67,455 67,352 66,982 53,612 53,498 53,439 53,299 53,288 42,501,000 42,569,633 42,482,719 33,908,223 33,770,830   26,961,534 27,024,031 26,906,290 27,012,501 
      income tax benefit
    		                  2,300,000                                              
      income tax (benefit) expense
    		                      -22,900,000                                          
      cash dividends per share
    		                           0.029 0.06  0.07 0.038 0.08  0.09 0.04 0.08  0.08 0.035 0.07  0.07 0.118 0.06  0.41 0.568 0.07  2.2 0.027 0.06  0.06  0.06 0.027 0.06  0.06 0.03 0.06  
      the accompanying notes are an integral part of these condensed consolidated financial statements.
    		                                                                
      income before income taxes and noncontrolling
    		                                                                
      interests
    		                                                         19,866,000 28,826,000 26,058,000     
      less: net income attributable to noncontrolling
    		                                                                
      net income per share
    		                                                                
      shareholders:
    		                                                                
      basic
    		                                                         0.3 0.45 0.38     
      diluted
    		                                                         0.29 0.44 0.37     
      weighted-average number of common shares
    		                                                                
      outstanding:
    		                                                                
      basic
    		                                                         8,198,284.25 32,917,530 32,778,292     
      diluted
    		                                                         8,438,353.5 33,797,471 33,760,854     
      income before income taxes and minority interests
    		                                                             23,949,000 21,429,000 21,256,000 
      income before minority interests
    		                                                             15,280,000 14,918,000 14,296,000 
      minority interests’ share of income
    		                                                             3,644,000 3,786,000 3,755,000 
      net income
    		                                                             11,636,000 11,132,000 10,541,000 
      yoy
    		                                                                
      qoq
    		                                                             4.53% 5.61%  
      net income margin %
    		                                                                
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.