Heico Corporation reported strong financial results for the second quarter of 2025, with revenue reaching $1.10 billion, a 15% increase year-over-year. Net income rose 27% to $156.8 million, while earnings per share (EPS) improved to $1.12 from $0.88 in the previous year. Operating income increased 19% to $248.2 million, and EBITDA grew 18% to $297.7 million, contributing to an operating margin of 22.6%, up from 21.9% year-over-year. Free cash flow also rose by 45% to $204.7 million. The company's Flight Support Group recorded 19 consecutive quarters of revenue growth, with sales up 19% and operating income up 24%. Heico's balance sheet remains strong despite the 2023 acquisition of Wencor, with a net-debt-to-EBITDA ratio of 1.86x supported by increased cash flow from operations. The company attributed its record quarterly operating income and net sales primarily to double-digit consolidated organic net sales growth across its Flight Support and Electronic Technologies segments. Separately, aircraft leasing leader AerCap and GE Aerospace have called on former President Donald Trump to expand zero-tariff aircraft agreements, aiming to alleviate tariff pressures on the aerospace industry. GE Aerospace has noted improvements in its supply chains despite ongoing tariff challenges.