For the quarter ending 2026-01-31, HEI had $43,190K increase in cash & cash equivalents over the period. $165,101K in free cash flow.
| Cash Flow | 2026-01-31 | 2025-10-31 | 2025-07-31 |
|---|---|---|---|
| Impairment of intangible assets | - | 0 | 0 |
| Net income from consolidated operations | 204,757 | 202,785 | 542,769 |
| Amendment and termination of contingent consideration agreement | - | 0 | - |
| Depreciation and amortization | 51,008 | 51,207 | 144,869 |
| Payment for contingent consideration liability, operating activities | - | 0 | 2,190 |
| Share-based compensation expense | 11,296 | 16,035 | 18,346 |
| Deferred income tax provision (benefit) | 7,480 | -19,776 | -28,789 |
| Employer contributions to heico savings and investment plan | 5,901 | 6,255 | 14,186 |
| Change in value of contingent consideration | 2,225 | 3,946 | 8,974 |
| Paymentofcontingentconsiderationinexcessofacquisitiondatevalue | 0 | - | - |
| Change in accounts receivable | 5,262 | 39,513 | 36,063 |
| Increase (decrease) in contract with customer, asset | -3,753 | -13,795 | 20,305 |
| Change in inventories | 17,101 | -15,307 | 60,157 |
| Change in prepaid expenses and other current assets | 8,796 | -549 | -14,874 |
| Change in trade accounts payable | 4,067 | -1,326 | 28,919 |
| Change in accrued expenses and other current liabilities | -107,186 | 32,702 | 11,903 |
| Change in income taxes payable | 10,251 | 8,248 | -27,675 |
| Increase (decrease) in obligation, other postretirement benefits | 10,115 | 491 | 23,042 |
| Other | -6,089 | -4,621 | -6,237 |
| Net cash provided by operating activities | 178,597 | 295,326 | 638,940 |
| Acquisitions, net of cash acquired | 441,397 | -100 | 629,928 |
| Net investment related to deferred compensation plan | 14,000 | 11,269 | 21,689 |
| Capital expenditures | 13,496 | 26,848 | 46,038 |
| Proceeds from life insurance policy | 22,654 | - | - |
| Other | 728 | -4,020 | 39 |
| Proceeds from issuance of senior long-term debt | - | 0 | - |
| Net cash used in investing activities | -446,967 | -33,997 | -697,694 |
| Payments on short-term debt, net | - | 0 | 0 |
| Proceeds from long-term lines of credit | 443,000 | 0 | 495,000 |
| Payments on revolving credit facility | 103,000 | 275,000 | 275,000 |
| Cash dividends paid | 16,724 | 0 | 31,968 |
| Distributions to noncontrolling interests | 7,181 | 11,236 | 27,248 |
| Common stock issued repurchased and retired related to stock option exercises | 4,531 | 20,407 | 1,979 |
| Payments to noncontrolling interests | 4,072 | 0 | 5,773 |
| Debt issuance costs | - | 0 | - |
| Payment of contingent consideration | 0 | 0 | 5,954 |
| Proceeds from stock option exercises | 2,896 | 1,532 | 11,680 |
| Other | -812 | -815 | -3,509 |
| Net cash (used in) provided by financing activities | 309,576 | -305,926 | 155,249 |
| Effect of exchange rate changes on cash | 1,984 | 490 | 3,290 |
| Net (decrease) increase in cash and cash equivalents | 43,190 | -44,107 | 99,785 |
| Cash and cash equivalents at beginning of year | 217,781 | 162,103 | - |
| Cash and cash equivalents at end of period | 260,971 | 217,781 | - |
HEICO CORP (HEI)
HEICO CORP (HEI)