Earnings ·
AAON, Inc. reported record second quarter 2026 financial results for the period ended June 30, 2026, announcing net…
AAONAaon, Inc.
AAON, Inc. reported record second quarter 2026 financial results for the period ended June 30, 2026, announcing net sales of $627.0 million, a 101.2% year-over-year increase. Operating income surged 192.1% to $68.9 million, and diluted EPS rose 257.9% to $0.68. Total backlog reached $2.0 billion, up 98.0% from the prior year, driven by strong data center demand for BASX-branded products. The company raised its full-year 2026 outlook, projecting net sales growth of 55%-60%, gross margins of approximately 25-26%, and SG&A expenses of 13%-14% of sales. AAON operates in the HVAC industry, designing and manufacturing energy-efficient heating, ventilation, air conditioning, and cooling solutions for commercial, industrial, and data center environments.