Company research
AAON, INC.
CIK 824142Updated Nov 11, 2026
SecurityAAON · NASDAQ · equity
Name history
AAON INC · through Jul 1, 2019
AAON price & chart
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NASDAQ:AAON on TradingView ↗In the news
AAON Announces Quarterly Cash Dividend News provided by AAON Nov 12, 2025, 13:08 ET Share this article Share to X Share this article Share to X TULSA, Okla. , Nov. 12, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON ) ("AAON" or the "Company"), today announced that its Board of Directors has declared ↗
Recent filings
Other Events
Items 8.01, 9.01
10-Q filing
10-Q/A filing
10-Q/A filing
Results of Operations and Financial Condition · Non-Reliance on Previously Issued Financial Statements or a Related Audit Report · Regulation FD Disclosure
Items 2.02, 4.02, 7.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 1,534,071,000Source | 1,030,625,000Source | 1,863,683,000Source | 1,399,413,000Source | 1,010,716,000Source | 1,789,712,000Source | 1,300,193,000Source | 952,921,000Source | 1,686,510,000Source | 1,175,234,000Source | 941,436,000Source | 813,903,000Source |
| Property, Plant and Equipment, NetUSD | 591,652,000Source | 427,652,000Source | 682,779,000Source | 559,479,000Source | 413,234,000Source | 654,857,000Source | 552,277,000Source | 390,564,000Source | 631,262,000Source | 510,356,000Source | 369,947,000Source | 304,745,000Source |
| GoodwillUSD | — | — | — | — | 81,892,000Source | — | — | 81,892,000Source | — | — | 81,892,000Source | 81,892,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 81,994,000Source | 76,946,000Source | 86,001,000Source | 80,415,000Source | 75,560,000Source | 90,021,000Source | 78,721,000Source | 70,664,000Source | 83,907,000Source | 78,260,000Source | 68,053,000Source | 64,606,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,041,000Source | 15,000Source | 13,000Source | 14,000Source | 13,000Source | 13,000Source | 994,000Source | 8,385,000Source | 13,000Source | 14,000Source | 287,000Source | 5,451,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 266,238,000Source | 143,806,000Source | 360,763,000Source | 170,573,000Source | 149,149,000Source | 290,161,000Source | 164,977,000Source | 109,662,000Source | 314,387,000Source | 147,434,000Source | 138,108,000Source | 127,158,000Source |
| Inventory, NetUSD | 250,511,000Source | 177,731,000Source | 331,328,000Source | 234,980,000Source | 182,988,000Source | 313,203,000Source | 198,852,000Source | 196,252,000Source | 261,151,000Source | 187,420,000Source | 213,532,000Source | 198,939,000Source |
| Assets, CurrentUSD | 759,332,000Source | 427,836,000Source | 995,020,000Source | 654,151,000Source | 423,095,000Source | 943,700,000Source | 571,744,000Source | 392,227,000Source | 869,180,000Source | 488,212,000Source | 408,954,000Source | 349,116,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 7,668,000Source | 3,389,000Source | 12,117,000Source | 6,791,000Source | 5,740,000Source | 21,177,000Source | 9,438,000Source | 7,365,000Source | 17,921,000Source | 7,308,000Source | 3,097,000Source | 1,919,000Source |
| Operating Lease, Right-of-Use AssetUSD | 17,050,000Source | 15,505,000Source | 16,190,000Source | 17,795,000Source | 16,086,000Source | 17,335,000Source | 14,751,000Source | — | 17,988,000Source | 15,436,000Source | 11,774,000Source | 7,123,000Source |
| Other Assets, NoncurrentUSD | — | — | 1,801,000Source | — | — | 1,907,000Source | — | — | 2,281,000Source | 242,000Source | 816,000Source | 6,421,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 326,000Source | 325,000Source | 330,000Source | 326,000Source | 324,000Source | 327,000Source | 325,000Source | 329,000Source | 327,000Source | 326,000Source | 326,000Source | 214,000Source |
| Additional Paid in CapitalUSD | 56,350,000Source | 59,398,000Source | 99,689,000Source | 48,607,000Source | 49,174,000Source | 71,913,000Source | 39,020,000Source | 139,184,000Source | 64,358,000Source | 68,946,000Source | 122,063,000Source | 98,735,000Source |
| Retained Earnings (Accumulated Deficit)USD | 806,434,000Source | 737,133,000Source | 910,397,000Source | 783,813,000Source | 691,000,000Source | 861,969,000Source | 776,507,000Source | 645,295,000Source | 830,300,000Source | 755,310,000Source | 612,835,000Source | 461,765,000Source |
| Liabilities and EquityUSD | 1,534,071,000Source | 1,030,625,000Source | 1,863,683,000Source | 1,399,413,000Source | 1,010,716,000Source | 1,789,712,000Source | 1,300,193,000Source | 952,921,000Source | 1,686,510,000Source | 1,175,234,000Source | 941,436,000Source | 813,903,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 250,182,000Source | 139,833,000Source | 330,271,000Source | 210,726,000Source | 141,319,000Source | 359,634,000Source | 206,617,000Source | 125,163,000Source | 330,855,000Source | 174,905,000Source | 126,749,000Source | 145,567,000Source |
| Operating Lease, Liability, CurrentUSD | 2,903,000Source | 2,298,000Source | 3,385,000Source | 2,854,000Source | 2,272,000Source | 3,353,000Source | 2,442,000Source | — | 3,262,000Source | 2,481,000Source | 2,021,000Source | 1,254,000Source |
| Accounts Payable, CurrentUSD | 109,740,000Source | 27,199,000Source | 171,717,000Source | 81,642,000Source | 28,958,000Source | 160,139,000Source | 77,155,000Source | 15,438,000Source | 110,437,000Source | 44,645,000Source | 27,484,000Source | 45,513,000Source |
| Operating Lease, Liability, NoncurrentUSD | 14,902,000Source | 13,788,000Source | 13,699,000Source | 15,647,000Source | 14,335,000Source | 14,825,000Source | 12,971,000Source | 14,882,000Source | 15,529,000Source | 13,592,000Source | 10,201,000Source | 5,993,000Source |
| Deferred Income Tax Liabilities, NetUSD | 22,199,000Source | 1,658,000Source | 38,136,000Source | — | 5,811,000Source | 34,899,000Source | 5,140,000Source | 5,030,000Source | 30,313,000Source | 0Source | 12,134,000Source | 18,661,000Source |
| Other Liabilities, NoncurrentUSD | — | — | 28,529,000Source | — | — | 27,038,000Source | — | — | 23,299,000Source | 20,743,000Source | 16,807,000Source | 11,508,000Source |
| Additional Financial Items | ||||||||||||
| Accrued Liabilities, CurrentUSD | 120,468,000Source | 96,243,000Source | 138,267,000Source | 95,332,000Source | 85,499,000Source | 136,731,000Source | 97,041,000Source | 93,198,000Source | 132,213,000Source | 99,347,000Source | 85,508,000Source | 78,630,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 30,313,000Source | — | 12,134,000Source | 18,661,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 20,903,000Source | 18,943,000Source | 79,191,000Source | 62,735,000Source | 46,468,000Source | 35,106,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 7,696,000Source | 4,021,000Source | 17,994,000Source | 16,729,000Source | 16,384,000Source | 13,700,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | -24,346,000Source | 17,631,000Source | 167,023,000Source | 10,041,000Source | 9,978,000Source | 56,306,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | 52,753,000Source | 11,489,000Source | 73,883,000Source | -27,080,000Source | 16,226,000Source | 71,409,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | 50,375,000Source | 21,625,000Source | 52,904,000Source | 16,959,000Source | -18,316,000Source | 11,574,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | 25,458,000Source | -4,153,000Source | 4,687,000Source | -8,399,000Source | 4,586,000Source | 5,976,000Source | 31,149,000Source | -6,606,000Source | -6,527,000Source | -13,332,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 33,994,000Source | -9,214,000Source | 534,000Source | 192,532,000Source | 158,895,000Source | 61,318,000Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | — | — | — | 0Source | 0Source | 249,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -51,285,000Source | -50,388,000Source | -192,417,000Source | -213,075,000Source | -109,311,000Source | -76,213,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 3,203,000Source | 6,768,000Source | 9,730,000Source | 8,037,000Source | 1,302,000Source | 1,018,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 17,152,000Source | 55,471,000Source | 186,608,000Source | 18,034,000Source | -46,510,000Source | 17,357,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 8,146,000Source | 8,095,000Source | 32,600,000Source | 26,100,000Source | 26,400,000Source | 22,900,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 2,267,000Source | 6,665,000Source | 12,727,000Source | 1,321,000Source | 1,100,000Source | 2,383,000Source | 1,239,000Source | 6,514,000Source | 9,023,000Source | 5,949,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | 4,831,000Source | 1,128,000Source | 5,962,000Source | 3,713,000Source | 4,929,000Source | 2,513,000Source | 16,605,000Source | 2,811,000Source | 4,817,000Source | 2,412,000Source |
| Income Taxes Paid, NetUSD | — | — | — | 12,194,000Source | 2,371,000Source | 12,279,000Source | 28,000Source | 538,000Source | 12,930,000Source | — | 63,376,000Source | 19,293,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 4,626,000Source | 4,363,000Source | — | — | 7,696,000Source | 4,021,000Source | 17,994,000Source | 16,729,000Source | 16,384,000Source | 13,700,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | 40,000Source | 52,000Source | 394,000Source | 154,000Source | 82,000Source | 43,000Source |
| Amortization of Intangible AssetsUSD | — | — | 1,540,000Source | 2,626,000Source | 1,660,000Source | 1,669,000Source | 1,542,000Source | 2,075,000Source | 6,890,000Source | 8,735,000Source | 5,331,000Source | 3,599,000Source |
| DepreciationUSD | — | — | 18,419,000Source | 14,636,000Source | 22,153,000Source | 18,267,000Source | 19,361,000Source | 16,868,000Source | 72,301,000Source | 54,000,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | — | -8,000Source | 5,000Source | 0Source | 22,000Source | 0Source | 1,000Source | -3,000Source | -37,000Source | 10,000Source | -41,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | -36,000Source | -1,000Source | 0Source | 0Source | 0Source | 40,000Source | 4,000Source | 23,000Source | 13,000Source | 12,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | 36,000Source | 1,000Source | 0Source | 0Source | 0Source | 40,000Source | -4,000Source | 23,000Source | — | — |
| GoodwillUSD | — | — | — | — | — | — | — | — | — | — | 81,892,000Source | 81,892,000Source |
| Income Tax Expense (Benefit)USD | — | — | 7,660,000Source | 11,885,000Source | 6,188,000Source | 4,018,000Source | 12,266,000Source | 3,191,000Source | 21,159,000Source | 38,032,000Source | 45,531,000Source | 24,157,000Source |
| Inventory Write-downUSD | — | — | — | — | — | — | 701,000Source | 57,000Source | 152,000Source | -968,000Source | 1,633,000Source | 2,740,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 30,782,000Source | 52,625,000Source | 56,659,000Source | 15,487,000Source | 39,815,000Source | 29,292,000Source | 107,593,000Source | 168,559,000Source | 177,623,000Source | 100,376,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 0Source | 81,000Source | 158,000Source | -68,000Source | 77,000Source | 174,000Source | 230,000Source | 378,000Source | 503,000Source | 399,000Source |
| Payments of DividendsUSD | — | — | — | — | — | — | — | — | 32,603,000Source | 26,084,000Source | 26,445,000Source | 22,917,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 3,062,000Source | 4,356,000Source | 17,144,000Source | 31,861,000Source | 33,259,000Source | 23,140,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 384,238,000Source | 327,252,000Source | 626,976,000Source | 311,567,000Source | 496,936,000Source | 322,054,000Source | 1,442,076,000Source | 1,200,635,000Source | 1,168,518,000Source | 888,788,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | — | — | —Source | — | — | — | — |
| Payments of Financing Costs | — | — | — | — | — | — | — | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of RevenueUSD | — | — | 277,377,000Source | 213,094,000Source | 474,485,000Source | 228,838,000Source | 371,971,000Source | 235,690,000Source | 1,056,352,000Source | 803,526,000Source | 769,498,000Source | 651,216,000Source |
| Selling, General and Administrative ExpenseUSD | — | — | 63,230,000Source | 48,637,000Source | 83,607,000Source | 59,147,000Source | 67,906,000Source | 51,293,000Source | 239,480,000Source | 188,014,000Source | 171,539,000Source | 110,823,000Source |
| Operating Income (Loss)USD | — | — | 43,595,000Source | 65,520,000Source | 68,884,000Source | 23,582,000Source | 57,059,000Source | 35,111,000Source | 146,248,000Source | 209,118,000Source | 227,494,000Source | 126,761,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 0Source | 81,000Source | 158,000Source | -68,000Source | 77,000Source | 174,000Source | 230,000Source | 378,000Source | 503,000Source | 399,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 38,442,000Source | 64,510,000Source | 62,847,000Source | 19,505,000Source | 52,081,000Source | 32,483,000Source | 128,752,000Source | 206,591,000Source | 223,154,000Source | 124,533,000Source |
| Income Tax Expense (Benefit)USD | — | — | 7,660,000Source | 11,885,000Source | 6,188,000Source | 4,018,000Source | 12,266,000Source | 3,191,000Source | 21,159,000Source | 38,032,000Source | 45,531,000Source | 24,157,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 30,782,000Source | 52,625,000Source | 56,659,000Source | 15,487,000Source | 39,815,000Source | 29,292,000Source | 107,593,000Source | 168,559,000Source | 177,623,000Source | 100,376,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.38Source | 0.65Source | 0.69Source | 0.19Source | 0.49Source | 0.36Source | 1.32Source | 2.07Source | 2.19Source | 1.89Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.37Source | 0.63Source | 0.68Source | 0.19Source | 0.48Source | 0.35Source | 1.29Source | 2.02Source | 2.13Source | 1.86Source |
| Total Revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 81,543,105Source | 81,089,476Source | 82,189,734Source | 81,441,511Source | 81,756,604Source | 81,472,351Source | 81,529,140Source | 81,473,131Source | 81,156,114Source | 53,054,986Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 82,952,049Source | 83,107,077Source | 83,721,199Source | 82,956,213Source | 83,179,954Source | 83,351,536Source | 83,105,538Source | 83,629,502Source | 83,295,290Source | 54,097,072Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 1,540,000Source | 2,626,000Source | 1,660,000Source | 1,669,000Source | 1,542,000Source | 2,075,000Source | 6,890,000Source | 8,735,000Source | 5,331,000Source | 3,599,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.1Source | 0.08Source | 0.1Source | 0.1Source | 0.1Source | 0.1Source | 0.4Source | 0.32Source | 0.32Source | 0.43Source |
| Current Income Tax Expense (Benefit)USD | — | — | -17,798,000Source | 16,038,000Source | 868,000Source | 12,417,000Source | — | -2,785,000Source | — | 44,638,000Source | 52,058,000Source | 37,489,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | — | -8,000Source | 5,000Source | 0Source | 22,000Source | 0Source | 1,000Source | -3,000Source | -37,000Source | 10,000Source | -41,000Source |
| Gross ProfitUSD | — | — | 106,861,000Source | 114,158,000Source | 152,491,000Source | 82,729,000Source | 124,965,000Source | 86,364,000Source | 385,724,000Source | 397,109,000Source | 399,020,000Source | 237,572,000Source |
| Interest Income (Expense), NetUSD | — | — | — | — | -6,195,000Source | -4,009,000Source | -5,055,000Source | -2,802,000Source | -17,726,000Source | -2,905,000Source | -4,843,000Source | -2,627,000Source |
| Labor and Related ExpenseUSD | — | — | 3,937,000Source | 6,242,000Source | 6,923,000Source | 2,038,000Source | 5,680,000Source | 3,297,000Source | 12,851,000Source | 19,948,000Source | 24,590,000Source | 14,009,000Source |
| Research and Development ExpenseUSD | — | — | — | — | — | — | — | — | 58,200,000Source | 47,300,000Source | 43,700,000Source | 46,800,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 384,238,000Source | 327,252,000Source | 626,976,000Source | 311,567,000Source | 496,936,000Source | 322,054,000Source | 1,442,076,000Source | 1,200,635,000Source | 1,168,518,000Source | 888,788,000Source |
| Interest Income (Expense), Nonoperating, Net | — | — | —Source | —Source | — | —Source | — | —Source | — | — | — | — |