HEI Q1 2023 Earnings — HEICO Corporation Revenue & Financial Results | Market Cap Arena

HEIHEICO Corporation

$43B

Q1 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$621M+26.6% YoY

Gross Profit

$264M42.5% margin

Operating Income

$131M21.1% margin

Net Income

$93M15.0% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

$66M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$4.8B

Total Liabilities

$1.7B

Stockholders' Equity

$2.7B

Cash & Equivalents

$143M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$621M	$490M	+26.6%
Gross Profit	$264M	$209M	+26.6%
Operating Income	$131M	$102M	+28.5%
Net Income	$93M	$87M	+7.0%

Revenue Segments

Flight Support Group

$371M59%

Electronic Technologies Group

$255M41%