Financial Statements — AAON
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.02 | 0.01 | 0.10 | 0.11 | 0.10 |
| Accounts Receivable | 0.29 | 0.27 | 0.17 | 0.16 | 0.14 | 0.15 | 0.11 | 0.16 | 0.15 | 0.16 | 0.13 | 0.12 | 0.11 | 0.06 | 0.05 | 0.05 |
| Inventory | 0.31 | 0.25 | 0.23 | 0.20 | 0.18 | 0.18 | 0.20 | 0.21 | 0.22 | 0.20 | 0.18 | 0.16 | 0.15 | 0.10 | 0.09 | 0.08 |
| Total Current Assets | 0.94 | 0.76 | 0.65 | 0.57 | 0.43 | 0.42 | 0.39 | 0.43 | 0.42 | 0.38 | 0.34 | 0.33 | 0.28 | 0.27 | 0.26 | 0.25 |
| Property, Plant & Equipment | 0.65 | 0.59 | 0.56 | 0.55 | 0.43 | 0.41 | 0.39 | 0.36 | 0.35 | 0.32 | 0.30 | 0.29 | 0.27 | 0.24 | 0.24 | 0.23 |
| Goodwill | -- | -- | -- | -- | -- | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 0.08 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | -- | 0.00 | 0.00 |
| Total Non-current Assets* | 0.67 | 0.61 | 0.58 | 0.57 | 0.44 | 0.43 | 0.41 | 0.37 | 0.36 | 0.34 | 0.30 | 0.30 | 0.28 | 0.25 | 0.25 | 0.24 |
| Total Assets | 1.79 | 1.53 | 1.40 | 1.30 | 1.03 | 1.01 | 0.95 | 0.94 | 0.93 | 0.87 | 0.79 | 0.78 | 0.72 | 0.52 | 0.50 | 0.48 |
| Accounts Payable | 0.16 | 0.11 | 0.08 | 0.08 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 | 0.05 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 |
| Short-term Debt | -- | 0.00 | 0.00 | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 0.36 | 0.25 | 0.21 | 0.21 | 0.14 | 0.14 | 0.13 | 0.14 | 0.15 | 0.14 | 0.14 | 0.14 | 0.11 | 0.07 | 0.08 | 0.07 |
| Retained Earnings | 0.86 | 0.81 | 0.78 | 0.78 | 0.74 | 0.69 | 0.65 | 0.57 | 0.53 | 0.49 | 0.44 | 0.41 | 0.40 | 0.39 | 0.37 | 0.36 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 496.94 | 424.22 | 384.24 | 311.57 | 322.05 | 297.72 | 327.25 | 313.57 | 262.10 | 306.64 | 311.97 | 283.96 | 265.95 | 254.60 | 242.61 | 208.81 | 182.77 | 136.28 | 138.57 | 143.88 |
| Cost of Revenue | 371.97 | 314.45 | 277.38 | 228.84 | 235.69 | 220.10 | 213.09 | 200.47 | 169.86 | 194.90 | 195.86 | 189.94 | 188.80 | 176.06 | 177.01 | 161.44 | 136.71 | 109.74 | 102.55 | 101.77 |
| Gross Profit | 124.97 | 109.77 | 106.86 | 82.73 | 86.36 | 77.61 | 114.16 | 113.09 | 92.24 | 111.74 | 116.11 | 94.02 | 77.15 | 78.54 | 65.59 | 47.38 | 46.06 | 26.55 | 36.02 | 42.11 |
| Selling, General & Admin | 67.91 | 65.81 | 63.23 | 59.15 | 51.29 | 48.19 | 48.64 | 45.90 | 45.29 | 47.86 | 51.47 | 39.27 | 32.94 | 31.94 | 28.89 | 26.93 | 23.06 | 21.11 | 15.90 | 16.90 |
| Total Operating Expenses | 67.91 | 65.81 | 63.27 | 59.15 | 51.25 | 48.19 | 48.64 | 45.90 | 45.27 | 47.86 | 51.45 | 39.28 | 32.95 | 31.94 | 28.89 | 26.92 | 23.05 | 21.10 | 15.88 | 16.90 |
| Operating Income | 57.06 | 43.96 | 43.60 | 23.58 | 35.11 | 29.43 | 65.52 | 67.20 | 46.97 | 63.88 | 64.66 | 54.74 | 44.21 | 46.60 | 36.70 | 20.45 | 23.01 | 5.44 | 20.14 | 25.21 |
| Pretax Income | 52.08 | 38.32 | 38.44 | 19.51 | 32.48 | 28.27 | 64.51 | 67.01 | 46.81 | 63.13 | 63.49 | 53.36 | 43.17 | 45.77 | 35.80 | 20.12 | 22.84 | 5.35 | 20.11 | 25.25 |
| Tax Provision | 12.27 | 6.29 | 7.66 | 4.02 | 3.19 | 3.58 | 11.89 | 14.78 | 7.79 | 16.08 | 15.41 | 7.68 | 6.36 | 6.87 | 8.33 | 4.18 | 4.78 | (0.84) | 4.53 | 4.63 |
| Net Income | 39.82 | 32.03 | 30.78 | 15.49 | 29.29 | 24.69 | 52.63 | 52.23 | 39.02 | 47.05 | 48.08 | 45.68 | 36.81 | 38.90 | 27.47 | 15.95 | 18.06 | 6.19 | 15.58 | 20.62 |
| Basic EPS | 0.49 | 0.39 | 0.38 | 0.19 | 0.36 | 0.30 | 0.65 | 0.64 | 0.48 | 0.07 | 0.59 | 0.84 | 0.69 | 0.73 | 0.52 | 0.30 | 0.34 | 0.12 | 0.30 | 0.39 |
| Diluted EPS | 0.48 | 0.38 | 0.37 | 0.19 | 0.35 | 0.31 | 0.63 | 0.62 | 0.46 | 0.06 | 0.58 | 0.82 | 0.67 | 0.72 | 0.51 | 0.30 | 0.33 | 0.12 | 0.29 | 0.38 |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 33.99 | 19.32 | 12.26 | (21.83) | (9.21) | 0.85 | 63.78 | 35.54 | 92.37 | 51.75 | 47.21 | 55.12 | 4.82 | 17.90 | 44.99 | 5.22 | (6.80) | (13.52) | 11.79 | 34.07 |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 22.27 | 31.69 | 28.94 | 12.44 | 14.36 | 13.20 | 14.03 | 12.73 | 9.48 | 16.75 |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 24.93 | 23.42 | (24.11) | 5.47 | 30.64 | (7.97) | (20.83) | (26.25) | 2.31 | 17.32 |
| Investing Cash Flow | (51.28) | (53.79) | (49.13) | (39.10) | (50.39) | (99.33) | (38.35) | (36.68) | (38.71) | (26.58) | (22.23) | (31.68) | (28.82) | (12.43) | (14.34) | (35.17) | (14.26) | (116.14) | (9.45) | (16.74) |
| Financing Cash Flow | 17.15 | 33.45 | 37.82 | 59.87 | 55.47 | 98.33 | (30.84) | (15.15) | (34.31) | (38.68) | (30.10) | 1.25 | 21.03 | (10.79) | (37.59) | 41.93 | 23.81 | 30.68 | (11.99) | (2.99) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q4
2020 | Q3
2020 | Q2
2020 | Q4
2019 |
|---|
| Dividends Per Share | 0.40 | 0.40 | 0.40 | 0.40 | 0.32 | 0.32 | 0.32 | 0.00 | 0.48 | 0.00 | 0.24 | 0.00 | 0.19 | 0.19 | 0.00 | 0.19 | 0.19 | 0.00 | 0.19 | 0.16 |
