AAON, INC.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.2B | $1.2B | $888.8M | $534.5M |
| Gross profit | $385.7M | $397.1M | $399.0M | $237.6M | $137.8M |
| Operating income | $146.2M | $209.1M | $227.5M | $126.8M | $69.3M |
| Cost of revenue | $1.1B | $803.5M | $769.5M | $651.2M | $396.7M |
| Cash from operations | $534,000 | $192.5M | $158.9M | $61.3M | $61.2M |
| Capital expenditure | — | — | — | $54.0M | $55.4M |
| Free cash flow | — | — | — | $7.3M | $5.8M |
| Share repurchases | $30.0M | $100.0M | $25.0M | $12.7M | $20.9M |
| Total assets | $1.7B | $1.2B | $941.4M | $813.9M | $650.2M |
Shares outstanding 81.9M · Free float 81.6%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.