secwatch.observer — SEC 8-K summary
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Issuer:     AAON, INC. (AAON)
CIK:        0000824142
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0000824142-25-000041
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/824142/000082414225000041/0000824142-25-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/824142/000082414225000041/aaon-20250227.htm
  HTML page:      https://secwatch.observer/filing/0000824142-25-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer