---
schema_version: "secwatch.filing_event.v1"
accession: "0000824142-22-000234"
form_type: "8-K"
ticker: "AAON"
cik: "0000824142"
company_name: "AAON, INC."
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T06:11:36.526319+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AAON Q3 sales $242.6M (+75% YoY), EPS $0.51 (+76% YoY), record backlog

## Summary
- Net sales rose 75.1% to $242.6M from $138.6M; organic volume/mix added 26.9%, pricing 24.4%, BasX acquisition 23.8%.
- Diluted EPS increased 75.9% to $0.51 from $0.29; gross margin improved to 27.0%, highest since Q2 2021.
- BasX achieved record sales and EBITDA, and its backlog grew 33.8% sequentially vs Q2 2022.
- SG&A ex-BasX fell 80 bp to 10.7% of sales, the lowest in over two years; third straight quarter of record production.
- Backlog reached a record level, supporting continued strong volume growth ahead.

## SEC filing metadata
- accession: 0000824142-22-000234
- form_type: 8-K
- ticker: AAON
- cik: 0000824142
- company_name: AAON, INC.
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/824142/000082414222000234/0000824142-22-000234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/824142/000082414222000234/aaon-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000824142-22-000234
- JSON: https://secwatch.observer/filing/0000824142-22-000234.json
- Plain text: https://secwatch.observer/filing/0000824142-22-000234.txt

## Key facts
- Earnings Releases
  AAON, INC. reported the third quarter ended September 30, 2022 results: revenue $242.6 million, net income $27,473, EPS $0.51.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $242.6 million
  - Net income: $27,473
  - EPS: $0.51
  - Result: reported results
  source text: AAON REPORTS RECORD SALES, EARNINGS & BACKLOG FOR THE THIRD QUARTER OF 2022 TULSA, OK, November 7, 2022 - AAON, INC. (NASDAQ-AAON), a provider of premier, configurable HVAC solutions that bring long-term value to customers and owners, today announced its results for the third quarter of 2022. Net sales for the third quarter of 2022 increased 75.1% to a record $242.6 million from $138.6 million in the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/824142/000082414222000234/0000824142-22-000234-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.