Founded in 1988 and headquartered in Tulsa, Oklahoma, AAON Inc. (AAON) is a leading manufacturer of heating, ventilation, and air conditioning (HVAC) products for commercial, residential, and industrial applications. Offering a diverse range of innovative and sustainable HVAC solutions, AAON stands out for its constant push towards technological advancement, high-quality products, and commitment to customer satisfaction.
AAON's products range from rooftop units, heat pumps, chillers, air handling units, condensing units, and coils, to self-contained units, packaged rooftop units, and geothermal heat pumps. The products are recognized for their energy efficiency, durability, and ability to deliver improved indoor air quality. Through a dedicated team of engineers, AAON designs high-performance systems that meet and often exceed industry standards.
The company operates two manufacturing facilities, in Tulsa, Oklahoma and Longview, Texas. Together, these locations allow AAON to handle large-scale production orders and maintain high quality control standards, systematically ensuring that each product adheres to the company’s reputation for excellence.
AAON has a reputation for adaptability. Recognizing that every client's needs are unique, AAON customizes its HVAC solutions, ensuring specific anticipated needs are met. This customer-oriented approach has provided AAON with a robust and loyal client base across various sectors such as education, healthcare, retail, office buildings, manufacturing, and residential uses.
AAON's lead in innovation is committed to energy efficiency and environmental preservation. Their products are created to meet the stringent guidelines regarding energy use, making them a popular choice for businesses and individuals seeking to reduce energy costs and environmental impact.
AAON is publicly traded on the NASDAQ Stock Market under the symbol "AAON". The company has demonstrated strong financial performance over the years, with consistent growth in annual revenue and profitability. This growth has been supported by the company’s steadfast commitment to exceptional customer service, high-quality products, and continuous investment in research and development.
The success of AAON Inc. is also derived from its strong workforce. Its team is continually enriched through training and development initiatives, fostering a culture of collaboration, innovation, and mutual respect. This has fostered a growing sense of loyalty among employees, resulting in a highly motivated workforce continuously striving for improvement.
Overall, AAON, Inc. has built a solid reputation through its focus on quality, innovation, and customer service. By creating energy-efficient and customizable HVAC solutions, they're not just meeting the diverse needs of their clients, but also shaping the future of the HVAC industry.
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Five AI data center equipment suppliers reported strong revenue growth, with companies like Onto Innovation, Coherent, Sanmina, and AAON showing significant increases and positive outlooks. Despite these positive company-specific reports, U.S. stocks traded lower after the October Consumer Price Index was published. The article also highlights some negatives, such as AAON's restatement of financial statements due to errors and a material weakness in internal controls.
AAON Inc. (NASDAQ: AAON) stock surged on Tuesday after the HVAC equipment maker reported third-quarter 2026 earnings and revenue that surpassed analyst estimates, and raised its full-year sales forecast. Despite the strong performance, Baird analyst Timothy Wojs maintained an Outperform rating but slightly reduced the price target to $104 from $110. The company also announced a quarterly dividend of 10 cents per share.
AAON, Inc. experienced a significant climb in premarket trading, rising approximately 13% following the announcement of record quarterly sales and an increased outlook. This surge builds on a previous 10% advance and is attributed to the company's strong earnings release. AAON specializes in configurable HVAC and liquid-cooling solutions for various commercial and industrial settings.
AAON has restated its Q1 and Q2 2026 financial statements due to errors in revenue calculation and software subscription accounting, disclosing a material weakness in internal financial controls. Despite this, the company reported record third-quarter net sales of $707.4 million, an 84.1% increase, largely driven by a 218.3% rise in BASX-branded sales attributed to data center demand. AAON has also raised its full-year 2026 net sales growth outlook to 72%-75%.
AAON Inc (NASDAQ:AAON) saw its shares surge approximately 22% in premarket trading after reporting third-quarter results that surpassed analyst expectations and raising its full-year outlook. The HVAC solutions provider posted adjusted EPS of $0.83 on record revenue of $707.4 million, significantly beating estimates. The company's strong performance was attributed to robust demand for its AAON and BASX brands, increased manufacturing throughput, and better utilization of expanded production capacity.