# Aaon, Inc.: overview

AAON · Nasdaq · CIK 824142 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/aaon.md) · [Financials](/companies/aaon/financials.md) · [Filings](/companies/aaon/filings.md) · [Insiders](/companies/aaon/insiders.md)

Latest reported revenue: [$627.0m](/filings/0000824142-26-000055.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 10, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0000824142-26-000055).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [327](/filings/0000824142-25-000199.md) | [298 d](/filings/0000824142-26-000005.md) | [322](/filings/0000824142-26-000036.md) | [312](/filings/0000824142-26-000055.md) | [384](/filings/0000824142-25-000199.md) | [424 d](/filings/0000824142-26-000005.md) | [497](/filings/0000824142-26-000036.md) | [627](/filings/0000824142-26-000055.md) |
| Gross margin | % | [34.9%](/filings/0000824142-25-000199.md) | [26.1% d](/filings/0000824142-26-000005.md) | [26.8%](/filings/0000824142-26-000036.md) | [26.6%](/filings/0000824142-26-000055.md) | [27.8%](/filings/0000824142-25-000199.md) | [25.9% d](/filings/0000824142-26-000005.md) | [25.1%](/filings/0000824142-26-000036.md) | [24.3%](/filings/0000824142-26-000055.md) |
| Operating margin | % | [20.0%](/filings/0000824142-25-000199.md) | [9.9% d](/filings/0000824142-26-000005.md) | [10.9%](/filings/0000824142-26-000036.md) | [7.6%](/filings/0000824142-26-000055.md) | [11.3%](/filings/0000824142-25-000199.md) | [10.4% d](/filings/0000824142-26-000005.md) | [11.5%](/filings/0000824142-26-000036.md) | [11.0%](/filings/0000824142-26-000055.md) |
| Net margin | % | [16.1%](/filings/0000824142-25-000199.md) | [8.3% d](/filings/0000824142-26-000005.md) | [9.1%](/filings/0000824142-26-000036.md) | [5.0%](/filings/0000824142-26-000055.md) | [8.0%](/filings/0000824142-25-000199.md) | [7.6% d](/filings/0000824142-26-000005.md) | [8.0%](/filings/0000824142-26-000036.md) | [9.0%](/filings/0000824142-26-000055.md) |
| Diluted EPS | $ per share | [0.63](/filings/0000824142-25-000199.md) | not reported | [0.35](/filings/0000824142-26-000036.md) | [0.19](/filings/0000824142-26-000055.md) | [0.37](/filings/0000824142-25-000199.md) | not reported | [0.48](/filings/0000824142-26-000036.md) | [0.68](/filings/0000824142-26-000055.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [535](/filings/0000824142-24-000030.md) | [889](/filings/0000824142-25-000039.md) | [1,169](/filings/0000824142-26-000005.md) | [1,201](/filings/0000824142-26-000005.md) | [1,442](/filings/0000824142-26-000005.md) |
| Gross margin | % | [25.8%](/filings/0000824142-24-000030.md) | [26.7%](/filings/0000824142-25-000039.md) | [34.1%](/filings/0000824142-26-000005.md) | [33.1%](/filings/0000824142-26-000005.md) | [26.7%](/filings/0000824142-26-000005.md) |
| Operating margin | % | [13.0%](/filings/0000824142-24-000030.md) | [14.3%](/filings/0000824142-25-000039.md) | [19.5%](/filings/0000824142-26-000005.md) | [17.4%](/filings/0000824142-26-000005.md) | [10.1%](/filings/0000824142-26-000005.md) |
| Net margin | % | [11.0%](/filings/0000824142-24-000030.md) | [11.3%](/filings/0000824142-25-000039.md) | [15.2%](/filings/0000824142-26-000005.md) | [14.0%](/filings/0000824142-26-000005.md) | [7.5%](/filings/0000824142-26-000005.md) |
| Diluted EPS | $ per share | [0.73](/filings/0000824142-24-000030.md) | [1.24](/filings/0000824142-25-000039.md) | [2.13](/filings/0000824142-26-000005.md) | [2.02](/filings/0000824142-26-000005.md) | [1.29](/filings/0000824142-26-000005.md) |
| Free cash flow | $m | [5.8](/filings/0000824142-24-000030.md) | [7.3](/filings/0000824142-25-000039.md) | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/aaon/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $848.2m | 6,686,241 |  | Added +125,819 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $732.3m | 5,772,476 |  | Reduced −2,204,688 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $396.0m | 3,121,771 |  | Added +22,650 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $372.8m | 2,938,836 |  | Added +30,745 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $333.1m | 2,625,540 |  | Added +562,926 |
| [WASATCH ADVISORS LP](/funds/814133.md) | 2026-06-30 | $296.7m | 2,338,517 |  | Added +70,399 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $200.3m | 1,579,172 |  | Reduced −434,043 |
| [BLAIR WILLIAM & CO/IL](/funds/902367.md) | 2026-06-30 | $194.5m | 1,533,434 |  | Reduced −88,769 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $181.8m | 1,432,938 |  | Added +6,136 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $171.6m | 1,352,956 |  | Reduced −31,876 |

## Recent filings

[All 1,281 filings](/companies/aaon/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-28 | 11:13 ET | [8-K](/filings/0000824142-26-000059.md) | 7.01 Regulation FD disclosure; 8.01 Other events | 0000824142-26-000059 |
| 2026-08-13 | 10:31 ET | [8-K](/filings/0000824142-26-000057.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0000824142-26-000057 |
| 2026-08-10 | 16:05 ET | [10-Q](/filings/0000824142-26-000055.md) | Quarterly report, period 2026-06-30 | 0000824142-26-000055 |
| 2026-08-10 | 07:12 ET | [8-K](/filings/0000824142-26-000052.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000824142-26-000052 |
| 2026-07-30 | 11:47 ET | [8-K](/filings/0000824142-26-000048.md) | 5.02 Departure or appointment of officers or directors; 5.03 Amendment to articles or bylaws; 9.01 Financial statements and exhibits | 0000824142-26-000048 |
| 2026-06-08 | 15:51 ET | [8-K](/filings/0000824142-26-000044.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000824142-26-000044 |
| 2026-05-18 | 11:03 ET | [8-K](/filings/0000824142-26-000039.md) | 5.07 Shareholder vote results; 8.01 Other events; 9.01 Financial statements and exhibits | 0000824142-26-000039 |
| 2026-05-07 | 07:12 ET | [10-Q](/filings/0000824142-26-000036.md) | Quarterly report, period 2026-03-31 | 0000824142-26-000036 |
| 2026-05-07 | 07:08 ET | [8-K](/filings/0000824142-26-000034.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0000824142-26-000034 |
| 2026-04-02 | 14:57 ET | [8-K](/filings/0000824142-26-000016.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000824142-26-000016 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000824142-26-000005.md), filed Mar 2, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/eec32bc3-008d-4fe1-9dea-f6c880dd3621)

## About the filer

- CIK: 824142
- Tickers: AAON
- Exchange: Nasdaq
- SIC code: 3585 Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
- State of incorporation: NV
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:25 ET. No prices; not investment advice.