海科航空 2026年季度报告

HEICO CORPORATION Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ The number of shares outstanding of each of the registrant’s classes of common stock as of May 27, 2026 is as follows: 55,170,957shares84,488,320shares Common Stock, $.01 par valueClass A Common Stock, $.01 par value HEICO CORPORATION INDEX TO QUARTERLY REPORT ON FORM 10-Q Part I.Financial Information Item 1.Financial Statements:Condensed Consolidated Balance Sheets (unaudited)as of April 30, 2026and October 31, 2025 Condensed Consolidated Statements of Comprehensive Income (unaudited) for the six HEICO CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED HEICO CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - UNAUDITED HEICO CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - UNAUDITED HEICO CORPORATION AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIALSTATEMENTS – UNAUDITED 1.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements of HEICO Corporation and itssubsidiaries (collectively, “HEICO,” or the “Company”) have been prepared in conformity with accounting principlesgenerally accepted in the United States of America for interim financial information and in accordance with theinstructions to Form 10-Q. Therefore, the condensed consolidated financial statements do not include all informationand footnotes normally included in annual consolidated financial statements and should be read in conjunction with theconsolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the The Company has two operating segments: the Flight Support Group (“FSG”), consisting of HEICO AerospaceHoldings Corp. and HEICO Flight Support Corp. ("HFSC") and their respective subsidiaries; and the Electronic New Accounting Pronouncements In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income TaxDisclosures,” which requires disclosure of specific categories in the annual effective tax rate reconciliation table andfurther disaggregation for reconciling items that meet a quantitative threshold. The ASU also requires thedisaggregation of income taxes paid by jurisdiction. ASU 2023-09 may be applied either prospectively orretrospectively and is effective for fiscal years beginning after December 15, 2024, or in fiscal 2026 for HEICO. Early In November 2024, the FASB issued ASU 2024-03, “Income Statement - Reporting Comprehensive Income -Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses,” which specified categories of expenses (including purchases of inventory, employee compensation, intangible assetamortization, and depreciation) included in certain expense captions presented on the face of the income statement(such as cost of sales and selling, general and administrative "SG&A" expenses). ASU 2024-03 is effective for fiscalyears beginning after December 15, 2026, or in fiscal 2028 for HEICO, and interim reporting periods within fiscal 2.ACQUISITIONS In January 2026, the Company, through HEICO Electronic, acquired 100% of the equity of Axillon Aerospace’sFuel Containment Business, which following the acquisition, was renamed Rockmart Fuel Containment, LLC(“Rockmart”). Rockmart designs and manufactures advanced fuel containment solutions, primarily for military fixed-and rotary-wing aircraft. The purchase price of this acquisition was paid in cash, using proceeds from the Company's In February 2026, the Company, through a subsidiary of HFSC, acquired 100% of the membership interests ofEthosEnergy Accessories and Components, LLC and 100% of the stock of EthosEnergy Accessories and Components,Limited (collectively, “Ethos”). Ethos provides repair solutions for engine components and accessories