Heico Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Heico Corporation (HEI). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Flight Support Group [Member] | $924.8M 51.8% | $927.1M 49.7% · +0.2% | $1.26B 56.8% · +35.4% | $1.77B 59.6% · +41.0% | $2.64B 68.4% · +49.1% | $3.12B 69.5% · +18.1% |
| Electronic Technologies Group [Member] | $875.0M 49.0% | $959.2M 51.4% · +9.6% | $972.5M 44.0% · +1.4% | $1.23B 41.3% · +26.0% | $1.26B 32.8% · +3.1% | $1.41B 31.5% · +11.8% |
| Corporate Segment | – | – | – | $0 0.0% | $0 0.0% | $0 0.0% |
| Corporate And Eliminations [Member] | -$12.8M -0.7% | -$20.6M -1.1% · -60.9% | -$19.4M -0.9% · +5.9% | -$27.3M -0.9% · -41.0% | -$45.3M -1.2% · -66.0% | -$45.4M -1.0% · -0.1% |
| Other Primarily Corporate and Inter Segment [Member] | – | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Flight Support Group [Member] | $143.1M 15.5% | $151.9M 16.4% | $267.2M 21.3% | – | – | – |
| Electronic Technologies Group [Member] | $258.8M 29.6% | $277.3M 28.9% | $269.5M 27.7% | – | – | – |
| Corporate Segment | – | – | – | – | – | – |
| Corporate And Eliminations [Member] | – | – | – | – | – | – |
| Other Primarily Corporate and Inter Segment [Member] | -$25.2M | -$36.3M | -$39.8M | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| North America [Member] | $1.19B 66.8% | $1.19B 64.0% · +0.1% | $1.44B 65.4% · +20.8% | $1.96B 66.2% · +36.0% | $2.42B 62.8% · +23.3% | $2.78B 61.9% · +14.7% |
| Non-US | – | – | $764.7M 34.6% | $1.00B 33.8% · +31.4% | $1.44B 37.2% · +43.0% | $1.71B 38.1% · +18.9% |
| Other Countries [Member] | $593.5M 33.2% | $670.8M 36.0% · +13.0% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.