Business
AAON designs and manufactures highly configurable HVAC and liquid-cooling equipment for commercial and industrial indoor environments, including data center and cleanroom markets through BASX.
AAON stayed profitable, but FY2025 cash conversion nearly disappeared.
The read at a glance✓ Audited against SEC data
- Profitability — Net income -36.2% to $108MWatch
- Cash quality — Cash from ops -99.7% to $0.5MWatch
- Capital — $39.7M buybacks; $32.6M dividendsNote
- Balance sheet — Equity +8.5% to $895MNote
- Insiders — 3 buys / 9 sellsNote
- Accounting — Grant Thornton; BASX revenue CAMNote
Where the revenue comes from
Fiscal 2025, as AAON, INC. reports it. History and quarterly detail are in the app.
- AAON Oklahoma$801.2M
- AAON Coil Products$325.4M
- BasX$315.5M
Leadership changes
From AAON, INC.'s own filings, the day they're filed.
- Christopher D. Eason · Principal Accounting Officer of AAON · departureeff. 2025-06-26
- Matt J. Tobolski · President · appointmenteff. 2025-05-13
- Matt J. Tobolski · President · appointmenteff. 2025-05-13
Latest filings
- 8-K · Company announcement2026-08-28
- 8-K · Company announcement2026-08-13
- 8-K · Company announcement2026-08-10
- 10-Q · Quarterly report2026-08-10
- 8-K · Company announcement2026-07-30
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about AAON, INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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