---
schema_version: "secwatch.filing_event.v1"
accession: "0000824142-24-000121"
form_type: "8-K"
ticker: "AAON"
cik: "0000824142"
company_name: "AAON, INC."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:16:52.347043+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AAON Q1 net sales down 1.4% to $262.1M; EPS $0.46, up from $0.44; gross margin expands to 35.2%

## Summary
- Net sales $262.1M vs $266.0M YoY (-1.4%); volume -5.7%, price +4.3%.
- Gross profit margin 35.2% (up from 29.0%); operating income $47.0M (+6.3%).
- Diluted EPS $0.46 vs $0.44; includes $4.4M excess tax benefit from stock compensation.
- Segment: AAON Oklahoma +4.0%, AAON Coil Products -27.4%, BASX -9.3%.
- SG&A as % of sales 17.3% vs 12.4% due to higher professional fees and investments.

## SEC filing metadata
- accession: 0000824142-24-000121
- form_type: 8-K
- ticker: AAON
- cik: 0000824142
- company_name: AAON, INC.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/824142/000082414224000121/0000824142-24-000121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/824142/000082414224000121/aaon-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000824142-24-000121
- JSON: https://secwatch.observer/filing/0000824142-24-000121.json
- Plain text: https://secwatch.observer/filing/0000824142-24-000121.txt

## Key facts
- Earnings Releases
  AAON, INC. reported the first quarter of 2024 results: revenue $262.1 million, net income $39,016, EPS $0.46.
  - Period: the first quarter of 2024
  - Revenue: $262.1 million
  - Net income: $39,016
  - EPS: $0.46
  - Result: reported results
  source text: Net sales for the first quarter of 2024 decreased 1.4% to $262.1 million from $266.0 million in the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/824142/000082414224000121/0000824142-24-000121-index.htm

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