Highest-materiality recent filing
AAON Q2 record sales $627M (+101%), EPS $0.68, raises FY26 outlook
Net sales $627.0M, +101.2% YoY; operating income $68.9M, +192.1%; diluted EPS $0.68, +257.9%.
AAON Q1 sales $496.9M record, EPS $0.48 +37%, backlog $2.13B, raises FY guidance
Net sales rose 54.3% to $496.9M; GAAP diluted EPS $0.48 (+37.1% YoY).
AAON appoints Andy Cheung as CFO, Rebecca Thompson as CAO, and Luke Bomer as General Counsel
Andy Cheung joins as EVP and CFO on April 20, 2026; Rebecca Thompson transitions to Chief Accounting Officer.
AAON Q4 net sales +42.5% to $424.2M; EPS $0.39; backlog record $1.83B; $100M buyback authorized
Q4 net sales $424.2M (+42.5% YoY); GAAP diluted EPS $0.39 (+30% YoY).
AAON exercises accordion feature, increases credit facility to $600M to support growth
Effective December 29, 2025, AAON increased its revolving credit facility from $500M to $600M via existing accordion feature.
AAON Q3 net sales +17.4% to $384.2M; GAAP EPS $0.37 (-41.3% YoY); backlog record $1.32B
Net sales $384.2M (+17.4% YoY); BASX sales $124.8M (+95.8%) on data center demand; AAON-branded down 1.5% to $259.5M.
AAON Q2 2025 GAAP EPS $0.19 (-69% YoY); revenue $311.6M (-0.6%); cuts FY25 outlook
GAAP diluted EPS $0.19, down 69.4% YoY; adjusted diluted EPS $0.22, down 64.5%.
AAON upsizes revolving credit facility to $500M, extends maturity to 2030
Revolving commitment increased from $230M to $500M; maturity extended from May 2027 to May 27, 2030.
AAON CEO succession effective May 13; Tobolski appointed director; $0.10 quarterly dividend declared
Matt Tobolski, 41, appointed President & CEO effective May 13, 2025; Gary Fields becomes special advisor, remains on board.
AAON Q1 net sales up 22.9% to $322.1M; EPS falls 23.9% to $0.35; backlog record $1.0B
Net sales $322.1M (+22.9% YoY); BASX-branded sales surged 374.8% to $132.6M.
AAON Q4 EPS $0.30 down 46%; backlog up 70%; authorizes $100M buyback
Q4 net sales $297.7M (-2.9% YoY); diluted EPS $0.30 vs $0.56 (-46.4%).
AAON CEO Gary Fields steps down; Matt Tobolski to become CEO effective May 13, 2025
Gary Fields transitions to special advisor to the Board after serving as CEO since May 2020.
AAON enters $80M term loan to fund Memphis plant expansion; revolver reassigned
$80M term loan added to existing $200M revolver; maturity Dec 16, 2029.
AAON Q3 2024 sales hit record $327M; EPS up 8.6% to $0.63; gross margin contracts 230bps
Net sales $327.3M (+4.9% YoY) record; BASX +58.8%, Coil Products +36.7%, Oklahoma -7.1%.
AAON wins $174.5M data center liquid cooling order; delivery in H1 2025
Orders from one data center customer total ~$174.5M for custom thermal management systems supporting liquid cooling.
AAON Q2 2024 record sales $313.6M (+10.4% YoY), EPS $0.62 (+12.7%)
Net sales record $313.6M, up 10.4% YoY; diluted EPS $0.62, up 12.7%.
AAON completes two $50M share repurchase programs in 2024, repurchasing ~1.35M shares
First program repurchased 671,230 shares at avg $74.49; second repurchased 682,334 shares at avg $73.28.
AAON projects flattish 2024 with robust growth returning 2025-2027; 2023 revenue $1.2B, EPS $2.13
2023 revenue $1.2B (+31.4% YoY), diluted EPS $2.13 (+71.8%), EBITDA margin 23.5%.
AAON Q1 net sales down 1.4% to $262.1M; EPS $0.46, up from $0.44; gross margin expands to 35.2%
Net sales $262.1M vs $266.0M YoY (-1.4%); volume -5.7%, price +4.3%.
AAON Q4 net sales up 20.4% to record $306.6M; EPS $0.56 vs $0.47 YoY
Q4 net sales $306.6M (+20.4% YoY); organic volume growth ~9.3%.
AAON appoints Matt Tobolski as President and COO effective Jan 1, 2024; other exec roles realigned
Matt Tobolski (President of BasX unit) becomes President and COO of AAON, overseeing ~3,800 employees.
AAON Q3 net sales up 28.6% to $312M, EPS $0.58 (70.6% YoY increase), record margins
Net sales $312.0M, up 28.6% YoY; seventh straight quarter of record sales.
AAON Q2 2023: record sales $284M (+36% YoY), EPS $0.82 (+173% YoY)
Net sales $284.0M, up 36.0% YoY; organic volume growth 16%, pricing 20%.
AAON Q1 net sales up 45.5% to record $266M; diluted EPS $0.67 (+103%)
Net sales $266M, +45.5% YoY; organic volume/mix contributed 23.5%, pricing 22.0%.
appointed Robert L. Buttermore III, and Patrick J. Jermain as independent directors to fill the newly created Class III positions, each effective immediately.
appointed Robert L. Buttermore III, and Patrick J. Jermain as independent directors to fill the newly created Class III positions, each effective immediately.
Matt J. Tobolski, PhD, 41, was appointed as President and CEO, effective May 13, 2025.
Gary D. Fields, Chief Executive Officer of AAON, Inc. (the “Company”), transitioned to the role of special advisor to the Board, effective May 13, 2025.
appointed Dr. Tobolski to the newly created Class I position.
Matt J. Tobolski, PhD, will assume the role of Chief Executive Officer (in addition to his current position of President), also to be effective May 13, 2025.
Christopher Eason, 43, the Company's Chief Accounting Officer since 2021, will become the Principal Accounting Officer.
Effective January 1, 2025, Rob Teis, Dave Benson, and Doug Wichman will each no longer serve as officers of AAON, Inc.
Matthew Shaub, 47, has been appointed to the position of Executive Vice President of the Company & General Manager of the BASX products business unit.
Effective January 1, 2025, Rob Teis, Dave Benson, and Doug Wichman will each no longer serve as officers of AAON, Inc.
Stephen Wakefield, 48, has been appointed to the position of Executive Vice President of the Company & General Manager of the AAON products business unit.
Casey Kidwell, 47, the Company's Vice President of Administration since 2022, will become the Chief Administration Officer.
Max materiality 0.90 · Median 0.53 · Most common event earnings