AAON, Inc. (AAON) Earnings Call Transcripts
AAON, Inc.'s Latest Earnings Call - June 2, 2026
In the second quarter of fiscal year 2026, AAON, Inc. reported strong revenue growth driven by recovery in the light commercial HVAC market and robust demand in the data center segment. The company achieved a revenue of $500 million, representing a year-over-year growth of 40%, while earnings per share (EPS) reached $0.75, beating expectations by $0.10. Management raised guidance for the full year, anticipating continued strong growth in both segments, particularly in data centers, where they expect to reach $1 billion in revenue. The positive outlook is supported by operational improvements and increased production capacity.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $500M (beat) |
| EPS | $0.75 (beat) |
| Gross Margin | 30% (miss) |
| Data Center Revenue Guidance | $1B (positive) |
| Year-over-Year Growth Rate | 40% (positive) |
| Employee Count | 7,000 (positive) |
Guidance from management
Management raised full-year revenue guidance to a growth rate of 40%, reflecting strong demand across both the light commercial and data center segments. They expect continued operational improvements to support this growth.
What management said
Absolutely, I would say I have bacon in automotive, industrial. What AAON did in the last decade was incredible. but we are just really stretching on the surface in terms of efficiency, the optimization. So there's a lot to be gained here, really investing in people, the training and in the -- that's what I see as the opportunity ahead of onwanow. And if you just go back to the story about Madan I look at inventory, ...
What analysts pressed on
Analysts expressed concerns about the sustainability of margins given the ongoing outsourcing strategy and production challenges. There were questions regarding the impact of these factors on long-term profitability and operational efficiency.
Main topics on the call
- Revenue Growth Acceleration — AAON reported a revenue of $500 million, reflecting a 40% year-over-year increase. CEO Matt Tobolski noted, "We updated our guidance from high teens to 40% growth rate this call," indicating strong momentum in both the c...
- Operational Improvements — Management highlighted significant operational enhancements, including a new ERP system and a focus on lean manufacturing. Tobolski stated, "We've built out a true professional supply chain organization that is unlocking...
- Data Center Demand — The data center segment is experiencing robust growth, with management projecting revenue to reach $1 billion. Tobolski mentioned, "The demand has been there," emphasizing the importance of quality and delivery in fulfil...
- Margin Pressures — Despite revenue growth, management acknowledged ongoing margin pressures due to outsourcing and production challenges. Tobolski explained, "Part of the margin pressure...was outsourcing...to capture that volume," indicat...
Read the full AAON, Inc. transcript (June 2, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About AAON, Inc.
AAON, Inc. (AAON) is a publicly listed company in the Building Products industry, within the Industrials sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 34 calls on record spanning February 27, 2020 to August 10, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 34 AAON, Inc. earnings call transcripts on record, spanning February 27, 2020 to August 10, 2026. Based on this history, AAON, Inc. reports quarterly. The most recent call on file is dated August 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- AAON
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Industrials
- Industry
- Building Products
- Calls on record
- 34
- First call
- February 27, 2020
- Most recent
- August 10, 2026
- Reporting cadence
- quarterly