AAON Reports Record Second Quarter 2026 Results Driven by Strong Demand, Accelerating Throughput, and Improved Operating Execution
PR Newswire
TULSA, Okla., Aug. 10, 2026
Net sales increased 101%, Operating income increased 192%, Diluted EPS increased 258%Raises Full-Year OutlookSecond Quarter 2026 Highlights(All comparisons are year-over-year, unless otherwise noted)Delivered record quarterly net sales and significant earnings growth as expanded capacity and improved execution accelerated backlog conversionNet sales increased 101.2% to a record $627.0 millionGross profit increased 84.3% to $152.5 millionOperating income increased 192.1% to 68.9 million, reflecting strong net sales growth, improved overhead leverage, and disciplined SG&A managementGAAP diluted EPS increased 257.9% to $0.68, Non-GAAP adjusted EPS increased 213.6% to $0.69Total backlog increased 98.0% year-over-year to $2.0 billion, remaining nearly double the prior-year level despite record quarterly net sales and significantly higher production ratesYear-to-date, operating cash flow improved to $55.0 million, compared with negative $31.0 million a year ago Raises 2026 Outlook2026 outlook now reflects net sales growth of 55%-60%, gross margins of approximately 25-26%, and SG&A as a percent of sales of 13%-14%, supported by strong backlog, expanded capacity, and improving operational executionTULSA, Okla., Aug. 10, 2026 /PRNewswire/ -- AAON, INC. (NASDAQ-AAON), a leader in high-performing, energy-efficient HVAC solutions that bring long-term value to customers and owners, today announced its results for the second quarter of 2026.
