Here are the 10-K annual reports from Aaon Inc (AAON) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow AAON and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AAON filings page.
AAON, Inc. details its operations and strategy in an annual report covering the year ended December 31, 2025. The company operates three segments—AAON Oklahoma, AAON Coil Products, and BASX—focused on high‑performance HVAC and data center cooling solutions, with most sales in the U.S.
Backlog reached approximately $1,828.5 million as of December 31, 2025, up from $867.1 million a year earlier, reflecting strong orders, especially in data center markets. AAON employed about 5,897 people as of February 24, 2026 and emphasizes R&D, spending $58.2 million in 2025 on product and controls innovation.
The company highlights a sustainability program, with roughly 36% of its energy portfolio from renewable sources and increasing recycling and waste‑to‑energy initiatives. Capital returns included quarterly cash dividends of $0.10 per share in 2025 and open‑market share repurchases of about 469,300 shares for $30.0 million.