AAON manufactures highly configurable and custom HVAC equipment for commercial, industrial and data center indoor environments. Company updates commonly cover AAON- and BASX-branded systems, including rooftop units, chillers, air-handling units, energy-recovery units, coils, control solutions and related parts.
Recurring news themes include quarterly operating results, backlog and bookings trends, production capacity and utilization, data center equipment demand, dividends and capital actions. Product announcements also include energy-efficient HVAC technologies such as the Alpha Class EXTREME SERIES packaged rooftop unit and simultaneous dual fuel capability.
AAON (NASDAQ: AAON) declared a quarterly cash dividend of $0.10 per share (annualized $0.40). The dividend is payable on March 30, 2026 to stockholders of record at the close of business on March 18, 2026.
This communicates a current regular payout level and the specific record and payment dates for investors.
AAON (NASDAQ: AAON) announced its Alpha Class EXTREME SERIES rooftop unit passed the U.S. Department of Energy Commercial Building HVAC Technology Challenge laboratory evaluation with simultaneous dual fuel capability.
Key facts: AHRI certified (Reference #217285043); engineered to operate to -20°F; available in 3 to 40 tons; commercial orders received and units available now.
AAON (NASDAQ:AAON) reported full-year 2025 net sales of $1.44 billion (+20.1% YoY) and GAAP diluted EPS of $1.29 versus $2.02 in 2024. Fourth-quarter sales were $424.2 million (+42.5% YoY) with EPS of $0.39. Year-end backlog reached $1.83 billion (+110.9% YoY), driven by BASX growth. Company expects 2026 sales growth of 18-20% and gross margins of 29-31%, with D&A of $95-100M and SG&A ~16% of sales.
The company cited capacity expansion, ERP implementation impacts, and a rapid Memphis facility ramp as drivers of near-term margin pressure and longer-term operating leverage.
AAON (NASDAQ: AAON) scheduled its quarterly conference call and listen-only webcast for Monday, March 2, 2026 at 9:00 a.m. EST to discuss fourth quarter and full year 2025 financial results. Results will be released the same morning prior to the call.
The call offers dial-in participation for Q&A at 1-888-880-3330, a registration link for the listen-only webcast, and a replay available next business day on the company investor website.
AAON (NASDAQ: AAON) activated the accordion feature on its existing revolving credit facility on Dec 29, 2025, increasing available borrowing capacity to $600.0 million. The company said the expansion provides additional financial flexibility to meet accelerating customer demand, fund working capital, capital expenditures and strategic projects, and support ongoing growth initiatives amid reported bookings strength in Q4.
The accordion was negotiated as part of the original credit agreement and allows expansion of the borrowing limit without renegotiating the entire facility, which the company said preserves a disciplined capital structure while providing liquidity for near‑term growth needs.
AAON (NASDAQ: AAON) announced the promotion of Doug Wichman to executive vice president and general manager of its AAON Business Unit, effective January 1, 2026. Wichman will lead strategic business planning, product roadmaps, engineering and R&D for semi-custom HVAC solutions, and technical support while collaborating with sales and operations on production and procurement.
Wichman joined AAON in 2012, has 13 years with the company, and previously served as plant manager, director of manufacturing, and vice president of business strategy and performance. He succeeds longtime leader Stephen Wakefield, who will become an AAON Fellow and principal engineering advisor, drawing on more than 25 years of experience.
AAON (NASDAQ: AAON) announced a quarterly cash dividend of $0.10 per share (equivalent to $0.40 annually), declared by the Board of Directors on Nov 12, 2025. The dividend is payable on December 18, 2025 to stockholders of record as of the close of business on November 26, 2025.
AAON (NASDAQ:AAON) reported Q3 2025 results showing continued demand and operational progress. Net sales rose 17.4% to $384.2M and BASX sales jumped 95.8% to $124.8M, driven by data center liquid cooling. Total backlog reached a record $1.32B, up 103.8% year-over-year.
Gross margin contracted to 27.8% from 34.9% year-over-year, and GAAP diluted EPS was $0.37 (down 41.3% YoY). Cash and liquidity included $2.3M cash and $360.1M drawn on the revolver. Management highlighted ERP progress, higher throughput, and Memphis ramp plans to support BASX demand.
AAON (NASDAQ: AAON) appointed Roberto Giacomelli as Senior Vice President of Operations effective Oct. 30, 2025. He will lead operations at the company’s five U.S. manufacturing facilities in Tulsa; Longview; Kansas City; Redmond; and Memphis, overseeing EHS, Quality, Continuous Improvement, Manufacturing Engineering, Materials, and Facilities Planning.
Giacomelli brings more than 24 years of manufacturing experience across automotive, HVAC, and air systems and has worked in the United States, Mexico, Brazil, and Argentina. He holds an Executive MBA from the University of Pittsburgh Katz School, an MBA in Financial Management, and a degree in mechanical production engineering.
AAON (NASDAQ: AAON) scheduled its third quarter 2025 conference call and webcast for Thursday, November 6, 2025 at 9:00 a.m. EST to discuss third quarter 2025 financial results, which will be released earlier that morning.
The call will offer a dial-in line for Q&A at 1-888-880-3330 and a listen-only webcast that requires registration. A replay will be available on the company website on the next business day at https://aaon.com/Investors.