AAON, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,442	1,201	1,169	888.79	534.52
Revenue Growth (YoY)	20.11%	2.75%	31.47%	66.28%	3.88%
Cost of Revenue	1,056	803.53	769.5	651.22	396.69
Gross Profit	385.72	397.11	399.02	237.57	137.83
Selling, General & Admin	239.48	188.01	171.54	110.82	68.6
Other Operating Expenses	-0	-0.02	-0.01	-0.01	-0.02
Total Operating Expenses	239.48	187.99	171.53	110.81	68.58
Operating Income	146.25	209.12	227.49	126.76	69.25
Total Non-Operating Income (Expense)	-17.5	-2.53	-4.34	-2.23	-0.07
Pretax Income	128.75	206.59	223.15	124.53	69.18
Provision for Income Taxes	21.16	38.03	45.53	24.16	10.42
Net Income	107.59	168.56	177.62	100.38	58.76
Net Income to Common	107.59	168.56	177.62	100.38	58.76
Net Income Growth	-36.17%	-5.10%	76.96%	70.83%	-25.63%
Shares Outstanding (Basic)	82	81	81	80	79
Shares Outstanding (Diluted)	83	84	83	81	81
Shares Change (YoY)	-0.63%	0.40%	2.65%	0.69%	1.26%
EPS (Basic)	1.32	2.07	2.19	1.26	0.75
EPS (Diluted)	1.29	2.02	2.13	1.24	0.73
EPS Growth	-36.14%	-5.16%	71.77%	69.86%	-26.51%
Shares Outstanding	81.69	81.44	81.51	80.14	78.79
Free Cash Flow	-190.03	-3.13	54.6	-14.71	5.82
Free Cash Flow Growth	-	-	-	-	-90.46%
Free Cash Flow Per Share	-2.29	-0.04	0.66	-0.18	0.07
Dividends Per Share	0.400	0.320	0.320	0.290	0.260
Dividend Growth	25.00%	-	10.35%	11.54%	2.65%
Gross Margin	26.75%	33.07%	34.15%	26.73%	25.79%
Operating Margin	10.14%	17.42%	19.47%	14.26%	12.96%
Profit Margin	7.46%	14.04%	15.20%	11.29%	10.99%
FCF Margin	-13.18%	-0.26%	4.67%	-1.65%	1.09%
EBITDA	225.61	272.04	274.29	162.19	99.67
EBITDA Margin	15.64%	22.66%	23.47%	18.25%	18.65%
EBIT	146.25	209.12	227.49	126.76	69.25
EBIT Margin	10.14%	17.42%	19.47%	14.26%	12.96%
Effective Tax Rate	16.43%	18.41%	20.40%	19.40%	15.07%

Updated Mar 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q