Heico Operating Expenses Growth & History (HEI)
Heico's operating expenses was $3.47B for fiscal 2025.
View full Heico company overviewHeico annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-31 | $3.47B | $432.8M | +14.27% |
| 2024 | 2024-10-31 | $3.03B | $690.4M | +29.47% |
| 2023 | 2023-10-31 | $2.34B | $631.3M | +36.89% |
| 2022 | 2022-10-31 | $1.71B | $238.7M | +16.21% |
| 2021 | 2021-10-31 | $1.47B | $62.4M | +4.43% |
| 2020 | 2020-10-31 | $1.41B | −$188.2M | −11.77% |
| 2019 | 2019-10-31 | $1.60B | $197.1M | +14.06% |
| 2018 | 2018-10-31 | $1.40B | $183.3M | +15.05% |
| 2017 | 2017-10-31 | $1.22B | $107.2M | +9.65% |
| 2016 | 2016-10-31 | $1.11B | $151.9M | +15.84% |
| 2015 | 2015-10-31 | $959.0M | $30.1M | +3.24% |
| 2014 | 2014-10-31 | $928.9M | $103.8M | +12.57% |
| 2013 | 2013-10-31 | $825.2M | $91.1M | +12.41% |
| 2012 | 2012-10-31 | $734.1M | $107.6M | +17.17% |
| 2011 | 2011-10-31 | $626.5M | $118.6M | +23.36% |
| 2010 | 2010-10-31 | $507.8M | $57.8M | +12.84% |
| 2009 | 2009-10-31 | $450.0M | −$26.5M | −5.56% |
| 2008 | 2008-10-31 | $476.6M | — | — |
Heico quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-07-31 | $1.06B | $175.3M | +19.86% |
| Q2 2026 | 2026-04-30 | $1.03B | $175.6M | +20.67% |
| Q1 2026 | 2026-01-31 | $918.7M | $115.3M | +14.35% |
| Q4 2025 | 2025-10-31 | $930.4M | $135.4M | +17.03% |
| Q3 2025 | 2025-07-31 | $882.6M | $106.8M | +13.76% |
| Q2 2025 | 2025-04-30 | $849.7M | $103.4M | +13.86% |
| Q1 2025 | 2025-01-31 | $803.4M | $87.3M | +12.19% |
| Q4 2024 | 2024-10-31 | $795.0M | $48.0M | +6.43% |
| Q3 2024 | 2024-07-31 | $775.8M | $202.3M | +35.27% |
| Q2 2024 | 2024-04-30 | $746.2M | $215.5M | +40.60% |
| Q1 2024 | 2024-01-31 | $716.2M | $224.7M | +45.71% |
| Q4 2023 | 2023-10-31 | $747.0M | $283.9M | +61.29% |
| Q3 2023 | 2023-07-31 | $573.5M | $132.8M | +30.12% |
| Q2 2023 | 2023-04-30 | $530.8M | $114.7M | +27.57% |
| Q1 2023 | 2023-01-31 | $491.5M | $100.0M | +25.53% |
| Q4 2022 | 2022-10-31 | $463.1M | $68.7M | +17.43% |
| Q3 2022 | 2022-07-31 | $440.8M | $69.9M | +18.85% |
| Q2 2022 | 2022-04-30 | $416.0M | $46.1M | +12.47% |
| Q1 2022 | 2022-01-31 | $391.5M | $53.9M | +15.97% |
| Q4 2021 | 2021-10-31 | $394.4M | $57.3M | +16.99% |
| Q3 2021 | 2021-07-31 | $370.9M | $52.9M | +16.63% |
| Q2 2021 | 2021-04-30 | $369.9M | $9.9M | +2.76% |
| Q1 2021 | 2021-01-31 | $337.6M | −$57.7M | −14.59% |
| Q4 2020 | 2020-10-31 | $337.1M | −$83.9M | −19.92% |
| Q3 2020 | 2020-07-31 | $318.0M | −$94.9M | −22.99% |
| Q2 2020 | 2020-04-30 | $360.0M | −$36.5M | −9.20% |
| Q1 2020 | 2020-01-31 | $395.3M | $27.1M | +7.36% |
| Q4 2019 | 2019-10-31 | $421.0M | $47.8M | +12.81% |
| Q3 2019 | 2019-07-31 | $412.9M | $48.5M | +13.31% |
| Q2 2019 | 2019-04-30 | $396.5M | $57.4M | +16.94% |
| Q1 2019 | 2019-01-31 | $368.2M | $43.3M | +13.34% |
| Q4 2018 | 2018-10-31 | $373.2M | $41.4M | +12.48% |
| Q3 2018 | 2018-07-31 | $364.4M | $49.0M | +15.54% |
| Q2 2018 | 2018-04-30 | $339.0M | $46.9M | +16.06% |
| Q1 2018 | 2018-01-31 | $324.9M | $46.0M | +16.48% |
| Q4 2017 | 2017-10-31 | $331.8M | $44.6M | +15.51% |
| Q3 2017 | 2017-07-31 | $315.4M | $29.1M | +10.18% |
| Q2 2017 | 2017-04-30 | $292.1M | $8.3M | +2.91% |
| Q1 2017 | 2017-01-31 | $278.9M | $25.3M | +9.97% |
| Q4 2016 | 2016-10-31 | $287.2M | $27.5M | +10.59% |
| Q3 2016 | 2016-07-31 | $286.2M | $44.4M | +18.35% |
| Q2 2016 | 2016-04-30 | $283.9M | $48.2M | +20.46% |
| Q1 2016 | 2016-01-31 | $253.6M | $31.8M | +14.35% |
| Q4 2015 | 2015-10-31 | $259.7M | $21.2M | +8.90% |
| Q3 2015 | 2015-07-31 | $241.9M | $943,000 | +0.39% |
| Q2 2015 | 2015-04-30 | $235.6M | $2.6M | +1.10% |
| Q1 2015 | 2015-01-31 | $221.8M | $5.3M | +2.47% |
| Q4 2014 | 2014-10-31 | $238.5M | $6.6M | +2.86% |
| Q3 2014 | 2014-07-31 | $240.9M | $22.2M | +10.15% |
| Q2 2014 | 2014-04-30 | $233.1M | $40.0M | +20.74% |
| Q1 2014 | 2014-01-31 | $216.4M | $34.9M | +19.22% |
| Q4 2013 | 2013-10-31 | $231.9M | $35.1M | +17.82% |
| Q3 2013 | 2013-07-31 | $218.7M | $35.2M | +19.19% |
| Q2 2013 | 2013-04-30 | $193.0M | $14.3M | +8.01% |
| Q1 2013 | 2013-01-31 | $181.6M | $6.5M | +3.73% |
| Q4 2012 | 2012-10-31 | $196.8M | $25.3M | +14.77% |
| Q3 2012 | 2012-07-31 | $183.5M | $22.0M | +13.59% |
| Q2 2012 | 2012-04-30 | $178.7M | $27.1M | +17.91% |
| Q1 2012 | 2012-01-31 | $175.0M | $33.2M | +23.39% |
| Q4 2011 | 2011-10-31 | $171.5M | $31.8M | +22.76% |
| Q3 2011 | 2011-07-31 | $161.6M | $32.3M | +24.97% |
| Q2 2011 | 2011-04-30 | $151.6M | $23.7M | +18.52% |
| Q1 2011 | 2011-01-31 | $141.8M | $30.9M | +27.80% |
| Q4 2010 | 2010-10-31 | $139.7M | — | — |
| Q3 2010 | 2010-07-31 | $129.3M | $16.6M | +14.75% |
| Q2 2010 | 2010-04-30 | $127.9M | — | — |
| Q1 2010 | 2010-01-31 | $111.0M | — | — |
| Q3 2009 | 2009-07-31 | $112.7M | — | — |
Heico operating expenses trends
Over the last five fiscal years, Heico's operating expenses increased from $1.41B to $3.47B, a change of $2.06B. The latest reported quarter, Q3 2026, shows $1.06B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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