---
schema_version: "secwatch.filing_event.v1"
accession: "0000824142-25-000041"
form_type: "8-K"
ticker: "AAON"
cik: "0000824142"
company_name: "AAON, INC."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:54:46.578994+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AAON Q4 EPS $0.30 down 46%; backlog up 70%; authorizes $100M buyback

## Summary
- Q4 net sales $297.7M (-2.9% YoY); diluted EPS $0.30 vs $0.56 (-46.4%).
- Gross margin fell to 26.1% from 36.4% on lower volumes and growth investments.
- Backlog up 70% from end of 2023, driven by BASX data center liquid cooling.
- AAON Oklahoma sales down 16.1%; AAON Coil Products up 129.9% on data center gear.
- Board authorized up to $100M share repurchase program to be executed in open market.

## SEC filing metadata
- accession: 0000824142-25-000041
- form_type: 8-K
- ticker: AAON
- cik: 0000824142
- company_name: AAON, INC.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/824142/000082414225000041/0000824142-25-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/824142/000082414225000041/aaon-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000824142-25-000041
- JSON: https://secwatch.observer/filing/0000824142-25-000041.json
- Plain text: https://secwatch.observer/filing/0000824142-25-000041.txt

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