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Aaon Inc (AAON)
NASDAQ:AAON
Earnings Data
Report Date
Apr 30, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.29Last Year’s EPS
0.37Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call reflected a strong commercial performance with significant revenue growth, accelerating Basics data center momentum, a much larger backlog, product innovation, and clear 2026 guidance for sales and margin improvement. However, the company faces meaningful near-term operational and financial challenges — compressed margins in Q4, ERP and supply-chain friction, extremely low year-end cash balances, a sharp drop in operating cash flow, and elevated debt. Management communicated concrete mitigation actions (capacity ramp, supply-chain investments, phased ERP rollouts) and confident guidance for 2026, indicating these issues are expected to be temporary and recoverable.Company Guidance
Strong Quarterly Revenue Growth
Net sales in Q4 increased 42.5% year-over-year to $424.2 million, driven by robust demand across both Basics and AAON brands.
Basics Brand Acceleration and Backlog
Basics branded sales increased 143% for the year to $548 million; Q4 Basics segment sales grew 109.1% to $106.1 million. Basics backlog grew 141% year-over-year to $1.3 billion and was up 45% sequentially, with a 2.4 book-to-bill for the year.
AAON Brand Resilience and Bookings
AAON branded sales outperformed the industry (industry volumes down ~16% for the year); AAON branded sales declined only 8% on the year and Q4 AAON branded sales increased 9.5%. AAON branded bookings grew ~12% for the year, with national accounts bookings up 86%.
Segment-Level Strength — Coil Products and Basics Margins
AAON Coil Products sales increased 93.6% year-over-year (up $49.6 million) with gross margin improving to 21.3% from 16.1% prior year. Basics segment gross margin expanded to 27.1% from 18.8% a year ago.
Record Backlog and Production Momentum Entering 2026
Bookings and backlog remained strong in Q4 across brands; Tulsa production increased materially in January and February and Memphis continued to ramp, positioning the company for expected revenue and margin improvement in 2026.
Profitability Milestone at Memphis
Memphis facility achieved profitability for the first time in a quarter, supporting the company’s plan to leverage new capacity to improve operating margins.
Positive EPS and Incremental Margins
Q4 diluted EPS was $0.39, up 30% year-over-year. Combined Tulsa revenue and Memphis results showed Q4 sales growth of 31% with incremental margins of 25% on the combined operations.
Clear 2026 Guidance and Capacity Investments
Company guided 2026 sales growth of 18%–20%, gross margin of 29%–31%, SG&A ~16% of sales, D&A $95M–$100M, and planned 2026 CapEx of $190M. Manufacturing footprint expanded by more than 25% over the prior 18 months.
Product and Technology Innovation
Introduced industry-first rooftop units up to 40 tons with cold-climate heat pumps operable to -20°F and advanced custom air/liquid cooling solutions for data centers, reinforcing differentiation in high-value markets.
AAON Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AAON Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 02, 2026 | $101.20 | $104.73 | +3.49% |
Nov 06, 2025 | $93.36 | $99.92 | +7.03% |
Aug 11, 2025 | $80.33 | $71.91 | -10.49% |
May 01, 2025 | $90.97 | $96.14 | +5.69% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Aaon Inc (AAON) report earnings?
Aaon Inc (AAON) is schdueled to report earning on Apr 30, 2026, TBA (Confirmed).
What is Aaon Inc (AAON) earnings time?
Aaon Inc (AAON) earnings time is at Apr 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AAON EPS forecast?
AAON EPS forecast for the fiscal quarter 2026 (Q1) is 0.29.