HEICO CORPORATION
Cash Flow Statement
| Line Item | Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $235.4M | $233.8M | $190.2M | $188.3M | $177.3M | $156.8M | $168.0M | $139.7M |
| Depreciation & Amortization | $58.7M | $56.6M | $51.0M | $51.2M | $49.8M | $48.9M | $46.2M | $44.7M |
| Depreciation | $15.7M | $14.9M | $14.2M | $14.1M | $14.1M | $13.2M | $13.0M | $12.9M |
| Amortization | $43.3M | $40.8M | $35.9M | $36.2M | $34.7M | $34.8M | $32.2M | $30.8M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $345.3M | $292.0M | $178.6M | $295.3M | $231.2M | $204.7M | $203.0M | $205.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $22.6M | $18.1M | $13.5M | $26.8M | $12.7M | $16.0M | $17.3M | $16.1M |
| Business Acquisitions | $196.9M | $379.9M | $441.4M | $-100.0K | $343.8M | $31.4M | $254.8M | $164.1M |
| Net Cash from Investing Activities | $-221.9M | $-404.0M | $-447.0M | $-34.0M | $-357.9M | $-51.8M | $-288.0M | $-181.1M |
| Financing Activities | ||||||||
| Dividends Paid | $18.2M | $0 | $16.7M | $0 | $16.7M | $0 | $15.3M | $0 |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-91.9M | $62.3M | $309.6M | $-305.9M | $146.0M | $-81.4M | $90.7M | $-65.3M |
| Net Change in Cash | $30.6M | $-50.6M | $43.2M | $-44.1M | $19.6M | $76.8M | $3.4M | $-40.8M |
| Free Cash Flow | $322.8M | $273.9M | $165.1M | $268.5M | $218.5M | $188.7M | $185.7M | $189.5M |