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Aaon AAON Part Sales — Net Sales

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Other financials

Income statement

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Revenue$496.9M+54.3%
Gross profit$125.0M+44.7%
Operating income$57.1M+62.5%
Net income$39.8M+35.9%
EPS (diluted)$0.48+37.1%

Balance sheet

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Cash & equivalents$13.0K-98.7%
Total debt$3.4M-81.8%
Total assets$1.8B+37.6%

Cash flow

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Operating cash flow$34.0M+469%
CapEx$45.1M-3.4%
Free cash flow-$11.1M+80.1%

Valuation

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Market cap$7.83B+15.1%
Enterprise value$7.83B+15.1%
P/E66.3×+10.6×
P/S4.8×-0.6×

Profitability

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Gross margin26.2%-4.8pp
Operating margin10.4%-5.2pp
Net margin7.3%-5.3pp
FCF margin-9%-0.3pp

Returns & leverage

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Current ratio2.6×-0.1×

Where this comes from

Reported directly by Aaon in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The source filing: Aaon’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 7:12 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000824142-26-000036

Aftermarket part sales (included in the AAON Product sales above) were $17.0 million and $15.2 million for the three months ended March 31, 2026 and 2025, respectively.

Item 1. Financial Statements.

FAQ

What is Aaon's part sales — net sales?
Aaon (AAON) reported part sales — net sales of $17M in Q1 2026.
How has Aaon's part sales — net sales changed year-over-year?
Aaon's part sales — net sales increased by 11.8% year-over-year, from $15.2M to $17M.
What is the long-term trend for Aaon's part sales — net sales?
Over 4 years (2021 to 2025), Aaon's part sales — net sales has grown at a 18.2% compound annual growth rate (CAGR), from $41.13M to $80.2M.
What does part sales — net sales mean?
This metric represents the total revenue generated from the sale of replacement parts and components for heating, ventilation, and air conditioning equipment. It reflects the company's ability to capture recurring aftermarket demand from the existing installed base of equipment. Growth in this segment often indicates a maturing product ecosystem and provides a stable, high-margin revenue stream independent of new construction cycles.

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