AAON, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 9, 2026, reporting third-quarter net sales of $707.4 million and net income of $69.0 million.

Key Highlights

  • Third-quarter net sales: $707,430 thousand, compared with $384,238 thousand in the same quarter of 2025, according to the filing.
  • Third-quarter net income: $68,958 thousand, up from $30,782 thousand in the prior-year quarter, as reported.
  • Diluted EPS: $0.83 for the three months ended September 30, 2026, versus $0.37 for the same period in 2025.
  • Nine-month net income: $172,533 thousand for the nine months ended September 30, 2026, compared with $75,561 thousand for the same period in 2025.
  • Total assets: $1,953,396 thousand as of September 30, 2026, up from $1,686,510 thousand at December 31, 2025.
  • Total stockholders' equity: $1,084,745 thousand as of September 30, 2026, compared with $894,985 thousand at December 31, 2025.
  • Cash dividends declared per share: $0.10 for the three months ended September 30, 2026, consistent with the prior-year quarter.

AAON Financial Results for the Quarter and Nine Months Ended September 30, 2026

According to the filing, AAON, Inc. (NASDAQ:AAON) reported net sales of $707,430 thousand for the three months ended September 30, 2026, against $384,238 thousand for the same quarter in 2025. Cost of sales for the quarter was $518,891 thousand, producing gross profit of $188,539 thousand, compared with gross profit of $106,861 thousand in the third quarter of 2025. Selling, general and administrative expenses were $88,559 thousand for the quarter, versus $63,230 thousand in the year-ago period. Income from operations reached $99,980 thousand, the company disclosed, compared with $43,595 thousand a year earlier.

For the nine months ended September 30, 2026, the filing reported net sales of $1,842,082 thousand and net income of $172,533 thousand, against net sales of $1,017,859 thousand and net income of $75,561 thousand for the same period in 2025. Basic EPS for the nine-month period was $2.10 and diluted EPS was $2.06, compared with $0.93 and $0.91, respectively, in the prior year. As of September 30, 2026, the registrant reported 82,462,535 shares outstanding, as of November 5, 2026.

On the balance sheet, accounts receivable, net stood at $396,849 thousand and inventories, net at $376,045 thousand as of September 30, 2026, compared with $314,387 thousand and $261,151 thousand, respectively, at December 31, 2025. Long-term debt was $386,709 thousand at September 30, 2026, down from $398,320 thousand at year-end 2025. The filing shows net cash provided by operating activities of $146,892 thousand for the nine months ended September 30, 2026, compared with net cash used in operating activities of $18,784 thousand in the same period of 2025. Capital expenditures for the nine months were $138,097 thousand, according to the cash flow statement.

What Was Disclosed

AAON, Inc. disclosed its unaudited consolidated financial statements for the quarter and nine months ended September 30, 2026, covering income, balance sheet, stockholders' equity, and cash flow data, along with share count and per-share figures as of the filing date.