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) 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.
AAON (NASDAQ: AAON) says its Alpha Class air-source heat pump rooftop units have been in production and field‑installed since February and meet or exceed the U.S. Department of Energy Commercial Building HVAC Technology Challenge performance criteria.
The Alpha Class EXTREME SERIES offers 100% heating capacity at 5°F, reliable operation down to -20°F, variable‑speed compressors, refrigerant injection, low‑GWP refrigerants and a product lineup up to 30 tons, with larger sizes coming in the next months. AAON cites lab validation at the Norman Asbjornson Innovation Center, capable of testing –20°F to 130°F and equipment up to 540 tons, and states production and supply‑chain readiness for scaled deployment.
AAON (NASDAQ: AAON), a leading provider of high-performance HVAC solutions, has announced its participation in the upcoming D.A. Davidson's Diversified Industrials & Services Conference. The event will take place on September 18, 2025, in Nashville, Tennessee.
CEO & President Matt Tobolski will engage in a 40-minute fireside chat with D.A. Davidson analyst Brent Thielman at 11:30 a.m. EDT. The presentation will be available via live webcast on AAON's investor relations website. Management will also conduct one-on-one meetings with investors during the conference.
AAON (NASDAQ: AAON) has announced its latest quarterly cash dividend. The Board of Directors has declared a regular quarterly dividend of $0.10 per share, which equates to $0.40 annually. The dividend will be paid on September 26, 2025, to stockholders of record as of the close of business on September 5, 2025.
AAON (NASDAQ:AAON) reported challenging Q2 2025 results with net sales declining 0.6% to $311.6 million. The company experienced significant operational difficulties, primarily due to ERP system implementation issues and supply constraints. GAAP diluted EPS fell 69.4% to $0.19, while adjusted diluted EPS decreased 64.5% to $0.22.
The company's gross profit margin contracted to 26.6% from 36.1% year-over-year, mainly due to lower production volumes and operational inefficiencies. Despite challenges, the adjusted backlog grew 71.9% to $1.12 billion, indicating strong market demand. AAON has revised its full-year 2025 outlook downward, though management expects significant production improvements in the second half of the year.
AAON (NASDAQ: AAON), a leading provider of high-performance HVAC solutions, has scheduled its second quarter 2025 earnings conference call for Monday, August 11, 2025, at 9:00 a.m. EDT. The company will release its financial results earlier that morning.
Investors can participate through two options: a dial-in number (1-800-836-8184) for Q&A participation or a listen-only webcast. A replay will be available on the company's investor relations website the following business day.