AAON, Inc. (AAON)

Nasdaq: AAON · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip · Tulsa, OK · filing with the SEC since 1995

Grade5.1

◀ Past 5.3● Present 5.1▶ Future 5.1

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 2, 2026	Feb 27, 2025	Feb 28, 2024	Feb 27, 2023	Feb 28, 2022	Feb 25, 2021	Feb 27, 2020	Feb 28, 2019	Feb 27, 2018	Feb 23, 2017
Revenue	1,442,076	1,200,635	1,168,518	888,788	534,517	514,551	469,333	433,947	405,232	383,977
For lenders
Net interest income	-17,726	-2,905	-4,843	-2,627	-132	88	66	196	298	292
Cost of revenue	1,056,352	803,526	769,498	651,216	396,687	358,702	349,908	330,414	281,581	265,897
Gross profit	385,724	397,109	399,020	237,572	137,830	155,849	119,425	103,533	123,651^r	118,080
Research and development	58,200	47,300	43,700	46,800	16,600	17,400	14,800	13,500	13,000	12,000
Selling, general and administrative	239,480	188,014	171,539	110,823	68,598	60,491	52,077	48,194^r	49,371^r	38,506
Operating income	146,248	209,118	227,494	126,761	69,253	101,836	67,011	55,351^r	74,235^r	79,594
Other income (expense), net	230	378	503	399	61	51	-46	-47	91	105
Income before income taxes	128,752	206,591	223,154	124,533	69,182	101,975	67,031	55,500^r	74,624^r	79,991
Income tax expense	21,159	38,032	45,531	24,157	10,424	22,966	13,320	13,171^r	20,794^r	26,615
Net income	107,593	168,559	177,623	100,376	58,758	79,009	53,711	42,329^r	53,830^r	53,376
Earnings per share, basic	1.32	2.07	2.19	1.26^r	0.75^r	1.0067^b	0.6867^b	0.54^b	0.68^rb	0.6733^b
Earnings per share, diluted	1.29	2.02	2.13	1.24^r	0.73^r	0.9933^b	0.68^b	0.5333^rb	0.6733^rb	0.6667^b
Weighted average shares, basic	81,529,140	81,473,131	81,156,114	79,582,480^r	78,606,298^r	78,253,018^b	78,119,798^b	78,426,924^b	78,858,744^b	79,386,597^b
Weighted average shares, diluted	83,105,538	83,629,502	83,295,290	81,145,610^r	80,593,484^r	79,591,754^b	78,953,122^b	79,001,908^b	79,618,101^b	80,174,631^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 3-for-2 split of Aug 2023.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:SalesRevenueGoodsNet

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton AAON · research, not advice