# HEICO CORPORATION (HEI) FY2024 Q3 P&L / Income Statement

- Company: HEICO CORPORATION (HEI)
- Period: 2024-05-01 to 2024-07-31
- Filing: Q3 FY2024 10-Q, filed 2024-08-28, accession number 0000046619-24-000059
- Page: https://plicit.ai/financials/hei/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/hei-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Business Segment by Product and Service

Income statement for 2024-05-01 through 2024-07-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 992,246,000 US dollars
- **Cost of sales**: 602,976,000 US dollars
- **Gross profit (calculated)**: 389,270,000 US dollars
- **Operating expenses (calculated)**: 172,824,000 US dollars
- **Operating income**: 216,446,000 US dollars
- **Other income (expense), net (calculated)**: negative 36,129,000 US dollars
- **Income before income taxes and noncontrolling interests**: 180,317,000 US dollars
- **Income tax expense**: 32,500,000 US dollars
- **Net income from consolidated operations**: 147,817,000 US dollars
- **Electronic Technologies Group - Electronic Components for Defense, Space and Aerospace**: 257,974,000 US dollars
- **Electronic Technologies Group - Other Electronic Components**: 64,155,000 US dollars
- **Flight Support Group - Aftermarket Replacement Parts**: 432,699,000 US dollars
- **Flight Support Group - Repair and Overhaul Parts and Services**: 149,895,000 US dollars
- **Flight Support Group - Specialty Products**: 99,032,000 US dollars
- **Selling, general and administrative expenses**: 172,824,000 US dollars
- **Revenue before reconciliation (calculated)**: 1,003,755,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate And Eliminations**: negative 11,509,000 US dollars. Reported reconciliation to consolidated revenue.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to HEICO CORPORATION: $136.58 M; to noncontrolling interests: $11.24 M.

## Chart details: Revenue by Business Segment by Customer

- Page: https://plicit.ai/financials/hei/fy2024-q3-income-statement/revenue-by-business-segment-by-customer
- Chart image: https://plicit.ai/charts/hei-fy2024-q3-revenue-by-business-segment-by-customer-sankey.png

Income statement for 2024-05-01 through 2024-07-31. View: Business segment by customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 992,246,000 US dollars
- **Cost of sales**: 602,976,000 US dollars
- **Gross profit (calculated)**: 389,270,000 US dollars
- **Operating expenses (calculated)**: 172,824,000 US dollars
- **Operating income**: 216,446,000 US dollars
- **Other income (expense), net (calculated)**: negative 36,129,000 US dollars
- **Income before income taxes and noncontrolling interests**: 180,317,000 US dollars
- **Income tax expense**: 32,500,000 US dollars
- **Net income from consolidated operations**: 147,817,000 US dollars
- **Electronic Technologies Group - Aerospace**: 57,812,000 US dollars
- **Electronic Technologies Group - Defense and Space**: 169,670,000 US dollars
- **Electronic Technologies Group - Other Industries**: 94,647,000 US dollars
- **Flight Support Group - Aerospace**: 499,917,000 US dollars
- **Flight Support Group - Defense and Space**: 161,160,000 US dollars
- **Flight Support Group - Other Industries**: 20,549,000 US dollars
- **Selling, general and administrative expenses**: 172,824,000 US dollars
- **Revenue before reconciliation (calculated)**: 1,003,755,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate And Eliminations**: negative 11,509,000 US dollars. Reported reconciliation to consolidated revenue.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to HEICO CORPORATION: $136.58 M; to noncontrolling interests: $11.24 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/hei/fy2024-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/hei-fy2024-q3-revenue-by-business-segment-sankey.png

Income statement for 2024-05-01 through 2024-07-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 992,246,000 US dollars
- **Cost of sales**: 602,976,000 US dollars
- **Gross profit (calculated)**: 389,270,000 US dollars
- **Operating expenses (calculated)**: 172,824,000 US dollars
- **Operating income**: 216,446,000 US dollars
- **Other income (expense), net (calculated)**: negative 36,129,000 US dollars
- **Income before income taxes and noncontrolling interests**: 180,317,000 US dollars
- **Income tax expense**: 32,500,000 US dollars
- **Net income from consolidated operations**: 147,817,000 US dollars
- **Flight Support Group**: 681,626,000 US dollars
- **Electronic Technologies Group**: 322,129,000 US dollars
- **Selling, general and administrative expenses**: 172,824,000 US dollars
- **Revenue before reconciliation (calculated)**: 1,003,755,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate And Eliminations**: negative 11,509,000 US dollars. Reported reconciliation to consolidated revenue.
- **Flight Support Group costs (calculated)**: 528,032,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Electronic Technologies Group costs (calculated)**: 246,341,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 1,427,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to HEICO CORPORATION: $136.58 M; to noncontrolling interests: $11.24 M.