---
schema_version: "secwatch.filing_event.v1"
accession: "0000824142-23-000094"
form_type: "8-K"
ticker: "AAON"
cik: "0000824142"
company_name: "AAON, INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:45:43.970053+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AAON Q1 net sales up 45.5% to record $266M; diluted EPS $0.67 (+103%)

## Summary
- Net sales $266M, +45.5% YoY; organic volume/mix contributed 23.5%, pricing 22.0%.
- Gross profit margin 29.0%, up 380 bps from 25.2%; price increases and moderating cost inflation drove expansion.
- Net income $36.8M (+103.9%); diluted EPS $0.67 (+103%); EBITDA $54.6M, margin 20.5% vs 16.5%.
- SG&A 12.4% of sales, down 20 bps; excess tax benefit of $3.8M from stock performance.

## SEC filing metadata
- accession: 0000824142-23-000094
- form_type: 8-K
- ticker: AAON
- cik: 0000824142
- company_name: AAON, INC.
- filed_at: 2023-05-04T23:59:59+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/824142/000082414223000094/0000824142-23-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/824142/000082414223000094/aaon-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000824142-23-000094
- JSON: https://secwatch.observer/filing/0000824142-23-000094.json
- Plain text: https://secwatch.observer/filing/0000824142-23-000094.txt

## Key facts
- Earnings Releases
  AAON, INC. reported first quarter ended March 31, 2023 results: revenue $265,953, net income $36,814, EPS $0.67.
  - Period: first quarter ended March 31, 2023
  - Revenue: $265,953
  - Net income: $36,814
  - EPS: $0.67
  - Result: reported results
  source text: tax benefit of $3.8 million. Financial Highlights: Three Months Ended March 31, % 2023 2022 Change (in thousands, except share and per share data) GAAP Measures Net sales $ 265,953 $ 182,771 45.5 % Gross profit 77,154 46,064 67.5 % Gross profit margin 29.0 % 25.2 % Operating income $ 44,206 $ 23,010 92.1 % Operating margin 16.6 % 12.6 % Net income 36,814
  evidence_url: https://www.sec.gov/Archives/edgar/data/824142/000082414223000094/0000824142-23-000094-index.htm

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