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Heico's Business Segments
Heico's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2026
Reportable Segments
3
Largest Segment
Flight Support Group
Total Revenue
$ 1,376
Regions Reported
-
Revenue Share by Reportable Segment - Q2 FY2026
- Flight Support Group67.6%
- Electronic Technologies Group33.4%
- Corporate And Eliminations0%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Flight Support Group | $ 929 | 67.6% |
| Electronic Technologies Group | $ 460 | 33.4% |
| Corporate And Eliminations | $ -13 | - |
Revenue by Product & Service Category - Q2 FY2026
- Aftermarket Replacement Parts41.5%
- Electronic Components for Defense, Space and Aerospace27.5%
- Repair and Overhaul Parts and Services16.4%
- Specialty Products9.7%
- Other Electronic Components5.9%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Aftermarket Replacement Parts | $ 570 | 41.5% |
| Electronic Components for Defense, Space and Aerospace | $ 379 | 27.5% |
| Repair and Overhaul Parts and Services | $ 226 | 16.4% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Heico
HEICO Corporation through its subsidiaries believes it is the world’s largest
manufacturer of Federal Aviation Administration (“FAA”)-approved jet
engine and aircraft component replacement parts, other than the original equipment
manufacturers (“OEMs”) and their subcontractors. HEICO also believes
it is a leading manufacturer of various types of electronic equipment for the
aviation, defense, space, industrial, medical, telecommunications and electronics
industries.
Heico Corporation, a trailblazer in the aerospace, defense, and electronics sectors, operates through several distinct divisions, each specialized in providing a wide array of products and services. The company has established a significant presence in both domestic and international markets, solidifying its role as a crucial player in the aviation and defense industries.
Product Segmentation
1. Flight Support Group (FSG)
The Flight Support Group is a key segment of Heico Corporation, operating from its headquarters in Hollywood, Florida. It serves various sectors within the aviation industry, including:
- Commercial Airlines & Air Cargo Carriers: FSG provides essential replacement parts and repair services tailored to commercial aviation.
- Repair and Overhaul Facilities: It supplies parts that meet the stringent requirements of repair shops dealing with aircraft maintenance.
- Original Equipment Manufacturers (OEMs): FSG competes by offering alternative sourcing solutions that help OEMs maintain operational efficiency.
- U.S. and Foreign Governments: The segment provides critical components and services for military aircraft and government operations.
Product Offerings
FSG specializes in the research, design, manufacture, and sale of FAA-approved replacement parts, encompassing:
- Factory-New Jet Engine and Aircraft Component Parts: This includes the production of parts that have never been installed or used, sourced from FAA-approved manufacturers and authorized distributors.
- New Surplus Parts: Leveraging excess stock from various entities, FSG offers cost-effective solutions for customers.
- Overhauled Parts: These are carefully inspected and repaired components ready for reuse.
- Rotable, Repairable, and Expendable Parts: Classified according to their usability, these components play a pivotal role in maintenance operations.
FSG is continuously expanding its product line, adding between 300 to 500 Parts Manufacturer Approvals (PMAs) per year. With over 9,000 FAA-approved parts developed, Heico is a growing force in a market predominantly controlled by major OEMs.
Repair and Overhaul Services
FSG’s repair services encompass a wide range of aircraft components including:
- Avionics
- Instrumentations
- Composites
- Flight surfaces
Specializing in complex parts such as hydraulic pumps, turbo compressors, and fuel controls, FSG employs advanced technology and a highly skilled workforce to deliver quality service that enables operators to maintain their fleets efficiently.
Electronic Technologies Group (ETG)
The Electronic Technologies Group focuses on creating mission-critical subcomponents for niche markets utilized in larger systems across various platforms. Key areas include:
- Electro-Optical and Infrared Products: ETG designs leading-edge simulation and calibration equipment essential for military applications, providing tools that enhance the testing of missile systems.
- Power Electronics: This includes high-performance power systems for military, medical, and aviation needs, such as emergency backup power supplies for aircraft.
- Communications Equipment: Designing RF and microwave amplifiers and other communication tools, ETG supports military and aerospace operations.
- Shielding and Interference Solutions: The group manufactures products that prevent electromagnetic interference, crucial for avionic systems and various electronic applications.
Development Focus Areas
1. High-Speed Interface and Power Conversion Products: Serving demanding markets such as defense and space, these products are vital for reliable performance in harsh conditions.
2. Underwater Locator Beacons (ULBs): These critical safety devices are required on flight data and cockpit voice recorders, ensuring location tracking post-incident.
3. High Voltage Interconnection Devices: ETG supplies specialized connectors and assemblies for high-reliability applications in defense and medical sectors.
International Operations
Heico Corporation emphasizes its global reach, with operations extending across various markets around the world. Through its Flight Support Group and Electronic Technologies Group, Heico has successfully penetrated both established and emerging aerospace markets, building a diverse customer base that includes airlines, military entities, and industrial partners. By continuously enhancing its product lines and offering competitive services, Heico aims to strengthen its international presence while adapting to the unique regulatory and operational conditions of each market.
Conclusion
Heico Corporation is an influential entity in the aerospace and electronics sectors, characterized by its innovative approach to developing and supplying critical parts and systems. With a focus on continuous improvement, quality service, and strategic expansion into international markets, Heico seeks to solidify its leadership role and expand its influence across the aviation and defense landscape.
Product Segmentation
1. Flight Support Group (FSG)
The Flight Support Group is a key segment of Heico Corporation, operating from its headquarters in Hollywood, Florida. It serves various sectors within the aviation industry, including:
- Commercial Airlines & Air Cargo Carriers: FSG provides essential replacement parts and repair services tailored to commercial aviation.
- Repair and Overhaul Facilities: It supplies parts that meet the stringent requirements of repair shops dealing with aircraft maintenance.
- Original Equipment Manufacturers (OEMs): FSG competes by offering alternative sourcing solutions that help OEMs maintain operational efficiency.
- U.S. and Foreign Governments: The segment provides critical components and services for military aircraft and government operations.
Product Offerings
FSG specializes in the research, design, manufacture, and sale of FAA-approved replacement parts, encompassing:
- Factory-New Jet Engine and Aircraft Component Parts: This includes the production of parts that have never been installed or used, sourced from FAA-approved manufacturers and authorized distributors.
- New Surplus Parts: Leveraging excess stock from various entities, FSG offers cost-effective solutions for customers.
- Overhauled Parts: These are carefully inspected and repaired components ready for reuse.
- Rotable, Repairable, and Expendable Parts: Classified according to their usability, these components play a pivotal role in maintenance operations.
FSG is continuously expanding its product line, adding between 300 to 500 Parts Manufacturer Approvals (PMAs) per year. With over 9,000 FAA-approved parts developed, Heico is a growing force in a market predominantly controlled by major OEMs.
Repair and Overhaul Services
FSG’s repair services encompass a wide range of aircraft components including:
- Avionics
- Instrumentations
- Composites
- Flight surfaces
Specializing in complex parts such as hydraulic pumps, turbo compressors, and fuel controls, FSG employs advanced technology and a highly skilled workforce to deliver quality service that enables operators to maintain their fleets efficiently.
Electronic Technologies Group (ETG)
The Electronic Technologies Group focuses on creating mission-critical subcomponents for niche markets utilized in larger systems across various platforms. Key areas include:
- Electro-Optical and Infrared Products: ETG designs leading-edge simulation and calibration equipment essential for military applications, providing tools that enhance the testing of missile systems.
- Power Electronics: This includes high-performance power systems for military, medical, and aviation needs, such as emergency backup power supplies for aircraft.
- Communications Equipment: Designing RF and microwave amplifiers and other communication tools, ETG supports military and aerospace operations.
- Shielding and Interference Solutions: The group manufactures products that prevent electromagnetic interference, crucial for avionic systems and various electronic applications.
Development Focus Areas
1. High-Speed Interface and Power Conversion Products: Serving demanding markets such as defense and space, these products are vital for reliable performance in harsh conditions.
2. Underwater Locator Beacons (ULBs): These critical safety devices are required on flight data and cockpit voice recorders, ensuring location tracking post-incident.
3. High Voltage Interconnection Devices: ETG supplies specialized connectors and assemblies for high-reliability applications in defense and medical sectors.
International Operations
Heico Corporation emphasizes its global reach, with operations extending across various markets around the world. Through its Flight Support Group and Electronic Technologies Group, Heico has successfully penetrated both established and emerging aerospace markets, building a diverse customer base that includes airlines, military entities, and industrial partners. By continuously enhancing its product lines and offering competitive services, Heico aims to strengthen its international presence while adapting to the unique regulatory and operational conditions of each market.
Conclusion
Heico Corporation is an influential entity in the aerospace and electronics sectors, characterized by its innovative approach to developing and supplying critical parts and systems. With a focus on continuous improvement, quality service, and strategic expansion into international markets, Heico seeks to solidify its leadership role and expand its influence across the aviation and defense landscape.