Consolidated net sales increased by 14% to $1.179 billion in Q1 fiscal 2026, up from $1.030 billion in Q1 fiscal 2025. Net income attributable to HEICO shareholders rose 13% to a record $190.2 million, or $1.35 per diluted share, compared to $168.0 million, or $1.20 per diluted share, in the prior year. The Flight Support Group (FSG) saw net sales increase by 15% to $820.0 million, driven by 12% organic growth and $18.7 million from fiscal 2025 acquisitions. The Electronic Technologies Group (ETG) experienced a 12% increase in net sales to $370.7 million, with 6% organic growth and $21.5 million from fiscal 2025 and 2026 acquisitions. Consolidated operating income grew 15% to $259.9 million, with FSG operating income up 21% to $200.7 million, partially offset by a 4% decrease in ETG operating income to $73.2 million. Gross profit margin slightly decreased to 38.6% from 39.4%, primarily due to a less favorable product mix in the ETG, while FSG's gross profit margin improved. Selling, general and administrative (SG&A) expenses as a percentage of net sales improved to 16.6% from 17.4%, reflecting efficiencies from sales growth. Net cash provided by operating activities decreased by $24.4 million to $178.6 million, mainly due to a $120.3 million increase in net working capital. The company completed the acquisition of Rockmart Fuel Containment, LLC in January 2026 and subsequently acquired EthosEnergy Accessories & Components in February 2026, with another 80% acquisition agreement signed in February 2026. Total backlog (remaining performance obligations) stood at $2.453 billion as of January 31, 2026, with $1.3487 billion expected to be recognized in the remainder of fiscal 2026.