Flagship explainer

How HEICO Corporation makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$4.5B · 100%Cost of revenue$2.7B · 60%Gross profit$1.8B · 40%Operating income$1.0B · 23%Income before tax$894M · 20%Income tax$148M · 3%Net income$690M · 15%As of 2025-10-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$4.5B100%
Cost of revenue$2.7B60%
$1.8B40%
$1.0B23%
Income before tax$894M20%
Income tax$148M3%
$690M15%
Source: · event Oct 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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