Every material Form 8-K AAON filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
AAON reported record second-quarter 2026 net sales of $627.0 million, up 101.2%, with operating income of $68.9 million and diluted EPS of $0.68, versus $0.19 a year earlier. The company raised its 2026 sales growth outlook to 55%-60% but lowered its gross margin outlook to 25%-26%, from 27%-28%, citing ramp costs and inflation, which matters to shareholders because margins are narrowing even as volume grows.
Operating income rose 192.1% to $68.9 million; diluted EPS was $0.68 versus $0.19 in Q2 2025.
Gross profit margin was 24.3%, down from 26.6% a year earlier; the Memphis facility overhead cost $18.1 million in the quarter.
2026 sales growth outlook raised to 55%-60% from 40%-45%; gross margin outlook cut to 25%-26% from 27%-28%.
Total backlog was $1.97 billion at June 30, 2026, down 7.4% from $2.13 billion at March 31, 2026.
On July 28, 2026, AAON's board increased from nine to eleven members and appointed Robert L. Buttermore III and Patrick J. Jermain as independent Class III directors, effective immediately. The board also amended the bylaws to raise the maximum board size from nine to eleven. The filing discloses no financial results or changes to the company's operations.
Board size increased from nine to eleven on July 28, 2026, under a First Amendment to the Amended and Restated Bylaws.
Robert L. Buttermore III is Senior Vice President and Chief Supply Chain Officer at Rockwell Automation and joins the Compensation Committee.
Patrick J. Jermain recently retired as Executive Vice President and Chief Financial Officer of Plexus Corporation after twelve years as CFO and joins the Audit Committee.
Both new directors' terms expire at the annual meeting of stockholders in May 2027.
AAON reported first-quarter 2026 net sales of $496.9 million, up 54.3% year over year, and diluted EPS of $0.48, up 37.1%, while backlog rose 107.4% to $2.1 billion. The company raised its 2026 sales growth outlook to 40%-45% from 18%-20%, but lowered its gross margin outlook to 27%-28% from 29%-31%, and it authorized up to $100.0 million in share repurchases.
Q1 2026 net sales rose 54.3% to $496.9 million; diluted EPS was $0.48 versus $0.35 a year earlier.
Gross profit margin was 25.1%, down from 26.8% in the prior-year period, which the company attributed to temporary factors.
2026 outlook: sales growth raised to 40%-45% from 18%-20%; gross margin lowered to 27%-28% from 29%-31%.
Board authorized up to $100.0 million in open-market share purchases, with timing set by the Board.
AAON announced that Andy Cheung will join as Executive Vice President and Chief Financial Officer on April 20, 2026, succeeding Rebecca Thompson, who becomes Chief Accounting Officer on the same date. The filing also discloses a General Counsel role filled by Luke Bomer, who started April 1, and a compensation package for Cheung that includes a $525,000 base salary and a $300,000 cash award repayable if he leaves within 18 months.
Andy Cheung joins April 20, 2026 as EVP and CFO; he previously was EVP and CFO of Commercial Vehicle Group Inc. for the past three years
Cheung's 2026 target annual incentive is $341,250 and target long-term incentive is $787,500, plus a one-time equity grant valued at $1,500,000
Rebecca Thompson, CFO since 2021, moves to Chief Accounting Officer effective April 20, 2026
Luke Bomer joined April 1, 2026 as General Counsel, a newly created role
AAON reported fourth-quarter 2025 net sales up 42.5% to $424.2 million and diluted EPS of $0.39, up from $0.30, while gross margin slipped to 25.9% from 26.1%. For full-year 2025, sales rose 20.1% to $1.44 billion, but diluted EPS fell to $1.29 from $2.02 and gross margin fell to 26.7% from 33.1%. The company forecast 2026 sales growth of 18%-20% and gross margin of 29%-31%, and its board authorized up to $100.0 million in share repurchases.
Q4 2025 net sales were $424.2 million, up 42.5%; BASX-branded sales rose 138.8% to $181.4 million.
Full-year 2025 diluted EPS was $1.29 versus $2.02 in 2024; gross margin was 26.7% versus 33.1%.
2026 outlook calls for sales growth of 18%-20% and gross margin of 29%-31%.
Board authorized up to $100.0 million in open-market share purchases; year-end backlog was $1.83 billion.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every AAON filing is on SEC EDGAR ↗. 8-K briefs of other companies →