AAON Inc Reports Q2 Sales Surge and Updates 2026 Revenue Forecast
AAON Inc's Q2 sales reached $626.98 million, exceeding expectations and doubling year-over-year. The company raised its 2026 growth outlook to 55%-60%, reflecting strong demand and market share gains.
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In Q2, AAON Inc recorded net sales of $626.98 million, significantly surpassing the consensus estimate of $491.53 million. Adjusted earnings per share increased by 214% year-over-year to $0.69. The company's 2026 sales growth forecast was raised to 55%-60%, up from 40%-45%, although gross margin expectations were adjusted down to 25%-26%.
Sales growth was driven by strong demand from both AAON and BASX brands, with BASX benefiting from data center investments. Improved manufacturing capacity and production throughput contributed to record sales and backlog conversion. Additionally, selling, general and administrative expenses decreased relative to sales, indicating effective cost management.
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