AAON Financial Statements
NASDAQ: AAONIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
AAON revenue and earnings
In fiscal 2025, AAON generated $1.44 billion in revenue, up 20.1% from fiscal 2024, its 15th consecutive year of revenue growth. Net income was $107.6 million (-36.2% year over year), for a net margin of 7.5% versus a median of 14.0% in the prior 5 years. Gross margin was 26.7% (down from 33.1%) and operating margin 10.1%.
Diluted earnings per share came in at $1.29, down from $2.02. Over the last 5 fiscal years, AAON's revenue has grown at a 22.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
AAON income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.44B | 1.20B | 1.17B | 888.79M | 534.52M | 514.55M | 469.33M | 433.95M | 405.23M | 383.98M |
| Revenue growth (YoY) | +20.11% | +2.75% | +31.47% | +66.28% | +3.88% | +9.63% | +8.15% | +7.09% | +5.54% | +7.07% |
| Cost of Revenue | 1.06B | 803.53M | 769.50M | 651.22M | 396.69M | 358.70M | 349.91M | 330.41M | 281.58M | 265.90M |
| Gross Profit | 385.72M | 397.11M | 399.02M | 237.57M | 137.83M | 155.85M | 119.42M | 103.53M | 123.65M | 118.08M |
| Operating Expenses | 239.48M | 187.99M | 171.53M | 110.81M | 68.58M | 54.01M | 52.41M | 48.18M | 49.42M | 38.49M |
| Research & Development | 58.20M | 47.30M | 43.70M | 46.80M | 16.60M | 17.40M | 14.80M | 13.50M | 13.00M | 12.00M |
| Selling, General & Admin | 239.48M | 188.01M | 171.54M | 110.82M | 68.60M | 60.49M | 52.08M | 48.19M | 49.37M | 38.51M |
| Operating Income | 146.25M | 209.12M | 227.49M | 126.76M | 69.25M | 101.84M | 67.01M | 55.35M | 74.23M | 79.59M |
| Other Income (Expense) | 230.00K | 378.00K | 503.00K | 399.00K | 61.00K | 51.00K | -46.00K | -47.00K | 91.00K | 105.00K |
| Pretax Income | 128.75M | 206.59M | 223.15M | 124.53M | 69.18M | 101.97M | 67.03M | 55.50M | 74.62M | 79.99M |
| Income Tax | 21.16M | 38.03M | 45.53M | 24.16M | 10.42M | 22.97M | 13.32M | 13.17M | 20.79M | 26.61M |
| Net Income | 107.59M | 168.56M | 177.62M | 100.38M | 58.76M | 79.01M | 53.71M | 42.33M | 53.83M | 53.38M |
| Net Income growth (YoY) | -36.17% | -5.10% | +76.96% | +70.83% | -25.63% | +47.10% | +26.89% | -21.37% | +0.85% | +16.72% |
| EPS (Basic) | 1.32 | 2.07 | 2.19 | 1.26 | 0.75 | 1.51 | 1.03 | 0.81 | 1.02 | 1.01 |
| EPS (Diluted) | 1.29 | 2.02 | 2.13 | 1.24 | 0.73 | 1.49 | 1.02 | 0.80 | 1.01 | 1.00 |
| Shares Outstanding (Basic) | 81.53M | 81.47M | 81.16M | 79.58M | 78.61M | 52.17M | 52.08M | 52.28M | 52.57M | 52.92M |
| Shares Outstanding (Diluted) | 83.11M | 83.63M | 83.30M | 81.15M | 80.59M | 53.06M | 52.64M | 52.67M | 53.08M | 53.45M |
| EBITDA | 225.44M | 271.85M | 273.96M | 161.87M | 99.60M | 127.47M | 89.78M | 73.01M | 89.24M | 92.63M |
| Gross Margin | 26.75% | 33.07% | 34.15% | 26.73% | 25.79% | 30.29% | 25.45% | 23.86% | 30.51% | 30.75% |
| Operating Margin | 10.14% | 17.42% | 19.47% | 14.26% | 12.96% | 19.79% | 14.28% | 12.76% | 18.32% | 20.73% |
| Net Margin | 7.46% | 14.04% | 15.20% | 11.29% | 10.99% | 15.35% | 11.44% | 9.75% | 13.28% | 13.90% |
This table shows 10 annual periods of AAON's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AAON's reporting calendar. What is a income statement?