AAON, Inc. (AAON) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 496.94M | 424.22M | 384.24M | 311.57M | 322.05M | 297.72M | 327.25M | 313.57M | 262.1M | 306.64M | 311.97M | 283.96M | 265.95M | 254.6M | 242.6M | 208.81M | 182.77M | 136.28M | 138.57M | 143.88M |
| Revenue Growth % | 54.3% | 42.49% | 17.41% | -0.64% | 22.87% | -2.91% | 4.9% | 10.43% | -1.45% | 20.44% | 28.59% | 35.99% | 45.51% | 86.82% | 75.08% | 45.13% | 57.85% | 16.78% | 2.82% | 14.55% |
| Cost of Goods Sold | 371.97M | 314.45M | 277.38M | 228.84M | 235.69M | 220.1M | 213.09M | 200.47M | 169.86M | 194.9M | 195.86M | 189.94M | 188.8M | 176.06M | 177.01M | 161.44M | 136.71M | 109.73M | 102.55M | 101.77M |
| COGS % of Revenue | 74.85% | 74.12% | 72.19% | 73.45% | 73.18% | 73.93% | 65.12% | 63.93% | 64.81% | 63.56% | 62.78% | 66.89% | 70.99% | 69.15% | 72.96% | 77.31% | 74.8% | 80.52% | 74.01% | 70.73% |
| Gross Profit | 124.97M | 109.77M | 106.86M | 82.73M | 86.36M | 77.61M | 114.16M | 113.09M | 92.24M | 111.74M | 116.11M | 94.02M | 77.15M | 78.54M | 65.59M | 47.38M | 46.06M | 26.55M | 36.02M | 42.11M |
| Gross Margin % | 25.15% | 25.88% | 27.81% | 26.55% | 26.82% | 26.07% | 34.88% | 36.07% | 35.19% | 36.44% | 37.22% | 33.11% | 29.01% | 30.85% | 27.04% | 22.69% | 25.2% | 19.48% | 25.99% | 29.27% |
| Gross Profit Growth % | 44.7% | 41.43% | -6.39% | -26.85% | -6.37% | -30.54% | -1.68% | 20.29% | 19.56% | 42.27% | 77.02% | 98.45% | 67.49% | 195.86% | 82.1% | 12.51% | 38.93% | -21.74% | -11.82% | 10.43% |
| Operating Expenses | 67.91M | 65.81M | 63.23M | 59.15M | 51.25M | 48.19M | 48.64M | 45.9M | 45.27M | 47.85M | 51.45M | 39.28M | 32.95M | 31.94M | 28.89M | 26.92M | 23.05M | 21.1M | 15.88M | 16.89M |
| OpEx % of Revenue | 13.66% | 15.51% | 16.46% | 18.98% | 15.91% | 16.19% | 14.86% | 14.64% | 17.27% | 15.61% | 16.49% | 13.83% | 12.39% | 12.55% | 11.91% | 12.89% | 12.61% | 15.49% | 11.46% | 11.74% |
| Selling, General & Admin | 67.91M | 59.16M | 56.39M | 48.4M | 44.41M | 41.62M | 42.8M | 41.63M | 41.42M | 43.91M | 47.53M | 36.05M | 30.3M | 29.66M | 26.88M | 24.87M | 21.36M | 20.14M | 15.25M | 16.26M |
| SG&A % of Revenue | 13.66% | 13.95% | 14.68% | 15.53% | 13.79% | 13.98% | 13.08% | 13.28% | 15.8% | 14.32% | 15.23% | 12.69% | 11.39% | 11.65% | 11.08% | 11.91% | 11.69% | 14.78% | 11.01% | 11.3% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | 14.25% | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 968K | 630K | 635K |
| Operating Income | 57.06M | 43.96M | 43.63M | 23.58M | 35.11M | 29.43M | 65.52M | 67.2M | 46.97M | 63.88M | 64.66M | 54.74M | 44.21M | 46.6M | 36.7M | 20.45M | 23.01M | 5.44M | 20.14M | 25.21M |
| Operating Margin % | 11.48% | 10.36% | 11.36% | 7.57% | 10.9% | 9.88% | 20.02% | 21.43% | 17.92% | 20.83% | 20.73% | 19.28% | 16.62% | 18.3% | 15.13% | 9.79% | 12.59% | 3.99% | 14.53% | 17.52% |
| Operating Income Growth % | 62.51% | 49.38% | -33.41% | -64.91% | -25.25% | -53.93% | 1.32% | 22.76% | 6.25% | 37.1% | 76.2% | 167.64% | 92.12% | 756.11% | 82.25% | -18.88% | 24.64% | -78.84% | -22.94% | 13.61% |
| EBITDA | 78M | 64.36M | 63.64M | 43.56M | 54.08M | 47.03M | 82.84M | 81.75M | 60.42M | 77.07M | 76.97M | 65.74M | 54.51M | 56.21M | 46.07M | 29.75M | 30.15M | 13.33M | 27.75M | 32.74M |
| EBITDA Margin % | 15.7% | 15.17% | 16.56% | 13.98% | 16.79% | 15.8% | 25.31% | 26.07% | 23.05% | 25.13% | 24.67% | 23.15% | 20.5% | 22.08% | 18.99% | 14.25% | 16.5% | 9.78% | 20.02% | 22.75% |
| EBITDA Growth % | 44.24% | 36.84% | -23.18% | -46.71% | -10.49% | -38.97% | 7.63% | 24.35% | 10.84% | 37.11% | 67.06% | 120.95% | 80.77% | 321.8% | 66.06% | -9.12% | 16.61% | -58.84% | -15.31% | 14.75% |
| D&A (Non-Cash Add-back) | 20.94M | 20.4M | 20.01M | 19.98M | 18.97M | 17.61M | 17.32M | 14.55M | 13.45M | 13.19M | 12.3M | 11M | 10.3M | 9.62M | 9.37M | 9.3M | 7.14M | 7.88M | 7.61M | 7.53M |
| EBIT | 57.06M | 44.08M | 43.59M | 23.51M | 35.28M | 29.47M | 65.6M | 67.37M | 47.05M | 64.02M | 64.76M | 54.9M | 44.32M | 46.29M | 36.75M | 20.67M | 23.03M | 5.47M | 20.12M | 25.25M |
| Net Interest Income | 5.05M | -5.76M | -5.15M | -4.01M | -2.8M | -1.21M | -1.09M | -367K | -239K | -884K | -1.27M | -1.54M | -1.15M | -933K | -954K | -550K | -190K | -121K | -10K | -4K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -5.05M | 5.76M | 5.15M | 4.01M | 2.8M | 1.21M | 1.09M | 367K | 239K | 884K | 1.27M | 1.54M | 1.15M | 933K | 954K | 550K | 190K | 121K | 10K | 4K |
| Other Income/Expense | -4.98M | -5.64M | -5.19M | -4.08M | -2.63M | -1.16M | -1.01M | -192K | -162K | -751K | -1.17M | -1.38M | -1.04M | -829K | -900K | -330K | -169K | -97K | -29K | 35K |
| Pretax Income | 52.08M | 38.32M | 38.44M | 19.5M | 32.48M | 28.27M | 64.51M | 67.01M | 46.81M | 63.13M | 63.49M | 53.36M | 43.17M | 45.77M | 35.8M | 20.12M | 22.84M | 5.35M | 20.11M | 25.25M |
| Pretax Margin % | 10.48% | 9.03% | 10% | 6.26% | 10.09% | 9.49% | 19.71% | 21.37% | 17.86% | 20.59% | 20.35% | 18.79% | 16.23% | 17.98% | 14.76% | 9.64% | 12.5% | 3.92% | 14.51% | 17.55% |
| Income Tax | 12.27M | 6.29M | 7.66M | 4.02M | 3.19M | 3.58M | 11.88M | 14.78M | 7.79M | 16.08M | 15.41M | 7.68M | 6.36M | 6.87M | 8.33M | 4.18M | 4.78M | -840K | 4.53M | 4.63M |
| Effective Tax Rate % | 23.55% | 16.41% | 19.93% | 20.6% | 9.82% | 12.65% | 18.42% | 22.06% | 16.65% | 25.48% | 24.28% | 14.39% | 14.72% | 15.01% | 23.26% | 20.76% | 20.94% | -15.71% | 22.51% | 18.35% |
| Net Income | 39.81M | 32.03M | 30.78M | 15.49M | 29.29M | 24.69M | 52.63M | 52.23M | 39.02M | 47.05M | 48.08M | 45.68M | 36.81M | 38.9M | 27.47M | 15.95M | 18.06M | 6.19M | 15.58M | 20.61M |
| Net Margin % | 8.01% | 7.55% | 8.01% | 4.97% | 9.1% | 8.29% | 16.08% | 16.66% | 14.89% | 15.34% | 15.41% | 16.09% | 13.84% | 15.28% | 11.32% | 7.64% | 9.88% | 4.54% | 11.24% | 14.33% |
| Net Income Growth % | 35.92% | 29.74% | -41.51% | -70.35% | -24.92% | -47.52% | 9.46% | 14.33% | 5.98% | 20.95% | 75% | 186.48% | 103.85% | 528.81% | 76.32% | -22.65% | 10.28% | -67.26% | -23.85% | 15.79% |
| Net Income (Continuing) | 39.81M | 32.03M | 30.78M | 15.49M | 29.29M | 24.69M | 52.63M | 52.23M | 39.02M | 47.05M | 48.08M | 45.68M | 36.81M | 38.9M | 27.47M | 15.95M | 18.06M | 6.19M | 15.58M | 20.61M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.48 | 0.38 | 0.37 | 0.19 | 0.35 | 0.30 | 0.63 | 0.62 | 0.46 | 0.56 | 0.58 | 0.55 | 0.45 | 0.47 | 0.34 | 0.20 | 0.22 | 0.07 | 0.19 | 0.26 |
| EPS Growth % | 37.14% | 26.67% | -41.27% | -69.35% | -23.91% | -46.43% | 8.62% | 12.73% | 2.22% | 19.15% | 70.59% | 175% | 104.55% | 541.2% | 78.95% | -23.08% | 10% | -68.13% | -26.92% | 13.04% |
| EPS (Basic) | 0.49 | 0.39 | 0.38 | 0.19 | 0.36 | 0.30 | 0.65 | 0.64 | 0.48 | 0.58 | 0.59 | 0.56 | 0.46 | 0.49 | 0.34 | 0.20 | 0.23 | 0.08 | 0.20 | 0.26 |
| Diluted Shares Outstanding | 83.18M | 83.11M | 82.95M | 82.96M | 83.35M | 83.58M | 83.11M | 83.79M | 84.04M | 83.45M | 83.39M | 83.47M | 82.86M | 82.21M | 80.94M | 80.49M | 80.93M | 80.92M | 80.32M | 80.41M |
| Basic Shares Outstanding | 81.76M | 81.53M | 83.19M | 81.44M | 81.47M | 81.35M | 81.09M | 81.79M | 81.66M | 83.45M | 81.42M | 81.44M | 80.46M | 79.98M | 79.78M | 79.64M | 78.92M | 78.7M | 78.63M | 78.65M |
| Dividend Payout Ratio | 20.46% | 25.49% | 26.51% | 52.82% | 27.64% | 26.38% | 12.34% | 12.49% | 16.8% | 13.81% | 14.44% | 14.33% | 17.54% | 32.96% | 36.75% | - | - | 161.38% | 63.95% | - |