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Aaon AAON Provision for Credit Losses

Provision for Credit Losses at other companies

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$861K+770%

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$7.63B+15.1%
Enterprise value$7.63B+15.1%
P/E64.6×+10.3×
P/S4.7×-0.5×

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:ProvisionForDoubtfulAccounts.

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
Operating ActivitiesThree Months Ended March 31, 2026 / (in thousands)Three Months Ended March 31, 2025 / (in thousands)
Depreciation and amortization20,90318,943
Amortization of debt issuance costs4052
Amortization of right of use assets4025
(Recoveries of) Provision for losses on accounts receivable, net of adjustments(120)88
Provision for excess and obsolete inventories, net of write-offs70157
Share-based compensation7,6964,021
Other(45)
Deferred income taxes4,5865,976

Item 1. Financial Statements.

FAQ

What is Aaon's provision for credit losses?
Aaon (AAON) reported provision for credit losses of -$120K in Q1 2026.
How has Aaon's provision for credit losses changed year-over-year?
Aaon's provision for credit losses decreased by 236.4% year-over-year, from $88K to -$120K.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

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