Company: HEI-A
Filing Date: 2025-08-27
Form Type: 10-Q
Source: 0000046619-25-000062
Chunk: 6

Company: HEICO CORP
Filing Date: 2025-08-27
Form: 10-Q
Item: Item 1
Chunk 6
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 138,389 139,135 138,516 Diluted140,678 140,086 140,950 140,305 

The accompanying notes are an integral part of these condensed consolidated financial statements.

3

Index

HEICO CORPORATION AND SUBSIDIARIES 

CONDENSED CONSOLIDATED STATEMENTS OF 

COMPREHENSIVE INCOME – UNAUDITED

(in thousands)

Nine months ended July 31,Three months ended July 31,2025202420252024Net income from consolidated operations$542,769 $408,200 $190,680 $147,817 Other comprehensive income:Foreign currency translation adjustments27,165 11,572 887 6,954 Amortization of unrealized loss on defined benefit pension plan, net of tax2 39 1 13 Total other comprehensive income27,167 11,611 888 6,967 Comprehensive income from consolidated operations569,936 419,811 191,568 154,784 Net income attributable to noncontrolling interests 40,680 33,779 13,339 11,240 Foreign currency translation adjustments attributable to noncontrolling interests209 376 (405)235 Comprehensive income attributable to noncontrolling interests40,889 34,155 12,934 11,475 Comprehensive income attributable to HEICO$529,047 $385,656 $178,634 $143,309 

The accompanying notes are an integral part of these condensed consolidated financial statements.

4

HEICO CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - UNAUDITED

For the Nine Months Ended July 31, 2025 and 2024

(in thousands, except per share data)

HEICO Shareholders' EquityRedeemable Noncontrolling InterestsCommon StockClass A Common StockCapital in Excess of Par ValueDeferred Compensation ObligationHEICO Stock Held by Irrevocable TrustAccumulated Other Comprehensive Income (Loss)Retained EarningsNoncontrolling InterestsTotal Shareholders' EquityBalances as of October 31, 2024$366,156 $550 $838 $599,399 $7,272 ($7,272)($26,076)$3,062,166 $60,529 $3,697,406