HEICO Corporation (HEI) Q3 2026 Earnings Call Transcript

SA Transcripts 162.02K Followers Follow HEICO Corporation ( HEI ) Q3 2026 Earnings Call August 26, 2026 9:00 AM EDT Company Participants Eric Mendelson - Co-CEO, Co-President & Co-Chairman Victor Mendelson - Co-CEO, Co-President & Co-Chairman Carlos Macau - Executive VP, CFO & Treasurer Conference Call Participants Lawrence Solow - CJS Securities, Inc. Noah Poponak - Goldman Sachs Group, Inc., Research Division Peter Arment - Robert W. Baird & Co. Incorporated, Research Division Sheila Kahyaoglu - Jefferies LLC, Research Division John Godyn - Citigroup Inc., Research Division Ronald Epstein - BofA Securities, Research Division Sebastian Rivera - Stifel, Nicolaus & Company, Incorporated, Research Division Peter Skibitski - Alembic Global Advisors Scott Mikus - Melius Research LLC Joshua Korn - Wells Fargo Securities, LLC, Research Division Rene Plessner Gavin Parsons - UBS Investment Bank, Research Division Shaina Zuber - Morgan Stanley, Research Division William Barrett Taylor - TD Cowen, Research Division Matthew Akers - BNP Paribas, Research Division Louis Raffetto - Wolfe Research, LLC Presentation Operator Welcome to the HEICO Corporation Third Quarter 2026 Financial Results Call. My name is Samara, and I will be your operator for today's call. Certain statements in this conference call will constitute forward-looking statements, which are subject to risks, uncertainties and contingencies. HEICO's actual results may differ materially from those expressed in or implied by those forward-looking statements. Factors that could cause such differences include, among others, the severity, magnitude and duration of public health threats, our liquidity and the amount and timing of cash generation; lower commercial air travel, airline fleet changes or airline purchasing decisions, which could cause lower demand for our goods and services; product specification costs and requirements, which could cause an increase in our cost to complete contracts; governmental and regulatory demands, export policies and restrictions, reductions in defense, space or homeland security spending by U.S. and/or foreign customers or competition from existing and new competitors, which could reduce our sales; our ability to introduce new products and services at profitable pricing levels, which could reduce our sales or sales growth; product development or