AAON, INC.AAONEarnings & Financial Report
AAON, Inc. manufactures heating, ventilation, and air conditioning equipment for commercial and industrial indoor environments. AAON is headquartered in Tulsa, Oklahoma and has manufacturing facilities in Longview, TX, Parkville, MO, and Redmond, OR. AAON employs approximately 4,000 people worldwide and has annual sales in excess of $880 million.
AAON Q3 2025 Key Financial Metrics
Revenue
$384.2M
Gross Profit
$106.9M
Operating Profit
$43.6M
Net Profit
$30.8M
Gross Margin
27.8%
Operating Margin
11.3%
Net Margin
8.0%
YoY Growth
17.4%
EPS
$0.37
Financial Flow
AAON, INC. Q3 2025 Financial Summary
AAON, INC. reported revenue of $384.2M for Q3 2025, with a net profit of $30.8M (8.0% margin). Cost of goods sold was $277.4M, operating expenses totaled $63.3M.
Key Financial Metrics
| Total Revenue | $384.2M |
|---|---|
| Net Profit | $30.8M |
| Gross Margin | 27.8% |
| Operating Margin | 11.3% |
| Report Period | Q3 2025 |
AAON, INC. Annual Revenue by Year
AAON, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.2B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.2B |
| 2023 | $1.2B |
| 2022 | $888.8M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $306.6M | $262.1M | $313.6M | $327.3M | $297.7M | $322.1M | $311.6M | $384.2M |
| YoY Growth | 20.4% | -1.4% | 10.4% | 4.9% | -2.9% | 22.9% | -0.6% | 17.4% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $941.4M | $952.9M | $1.01B | $1.03B | $1.18B | $1.30B | $1.40B | $1.53B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $735.2M | $784.8M | $740.5M | $796.9M | $824.6M | $815.9M | $832.7M | $863.1M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $51.8M | $92.4M | $35.5M | $63.8M | $845000 | $-9.2M | $-21.8M | $12.3M |