CapEx
HEICO CapEx decreased by 49.7% to $13.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 22.1%, from $17.34M to $13.50M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 19.1% CAGR.
Analysis
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
capital_expendituresHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.43M | $8.19M | $6.06M | $8.69M | $7.52M | $8.15M | $7.63M | $10.85M | $11.08M | $12.26M | $15.26M | $13.38M | $12.95M | $15.85M | $16.09M | $17.34M | $15.96M | $12.74M | $26.85M | $13.50M |
| QoQ Change | — | +27.3% | -26.0% | +43.4% | -13.5% | +8.3% | -6.4% | +42.2% | +2.1% | +10.7% | +24.5% | -12.3% | -3.2% | +22.4% | +1.5% | +7.8% | -7.9% | -20.2% | +110.8% | -49.7% |
| YoY Change | — | — | — | — | +17.0% | -0.5% | +25.8% | +24.8% | +47.3% | +50.4% | +100.1% | +23.3% | +16.9% | +29.3% | +5.4% | +29.6% | +23.3% | -19.6% | +66.9% | -22.1% |
Business Segments
| Segment | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Electronic Technologies Group | — | — | $7.47M | $7.47M | $7.47M | $7.47M | $7.09M | $7.83M |
| Flight Support Group | — | — | $6.87M | $6.87M | $6.87M | $6.87M | $10.25M | $5.55M |
| Other Primarily Corporate and Inter Segment | $41.50K | $41.50K | $224.75K | $224.75K | $224.75K | — | — | — |
| Total | $12.26M | $15.26M | $13.38M | $12.95M | $15.85M | $16.09M | $17.34M | $13.50M |
Other Primarily Corporate and Inter Segment is derived from annual filings.
Other Primarily Corporate and Inter Segment was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
CapEx at Other Companies
Frequently Asked Questions
- What is HEICO's capex?
- HEICO (HEI) reported capex of $13.50M in Q4 2025.
- How has HEICO's capex changed year-over-year?
- HEICO's capex decreased by 22.1% year-over-year, from $17.34M to $13.50M.
- What is the long-term trend for HEICO's capex?
- Over 4 years (2021 to 2025), HEICO's capex has grown at a 19.1% compound annual growth rate (CAGR), from $36.18M to $72.89M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.