Filing Flows › Aaon (AAON) › Q3 2026 › vs Q2 2026
Aaon (AAON) Q3 2026 vs Q2 2026 (quarter over quarter)
Aaon's revenue rose $65.3M (+10%) from $642M in Q2 2026 to $707M in Q3 2026. The biggest changes: AAON Coil Products +$46.0M (+31%); AAON Oklahoma +$21.2M (+8%); BasX +$13.3M (+6%). Gross margin 26.7% against 26.1% (+0.5 pts).
Aaon, Q3 2026: revenue $707M (+84% year over year), operating margin 14.1%, net earnings $69.0M, operating cash flow $91.9M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 26.7% | 26.1% | +0.5 pts |
| Operating margin | 14.1% | 12.7% | +1.4 pts |
| Net margin | 9.7% | 10.5% | -0.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| AAON Oklahoma | $283M | $262M | $21.2M | +8% |
| BasX | $231M | $218M | $13.3M | +6% |
| AAON Coil Products | $193M | $147M | $46.0M | +31% |
| Revenue | $707M | $642M | $65.3M | +10% |
| Gross profit | $189M | $168M | $20.9M | +12% |
| Cost of revenue | $519M | $474M | $44.4M | +9% |
| Operating profit | $100M | $81.7M | $18.3M | +22% |
| Operating expenses | $88.6M | $86.0M | $2.6M | +3% |
| Pre-tax earnings | $94.2M | $75.6M | $18.6M | +25% |
| Other expense, net | $5.8M | $6.0M | −$287K | -5% |
| Net earnings | $69.0M | $67.1M | $1.8M | +3% |
| Income tax | $25.3M | $8.5M | $16.7M | +196% |
| Depreciation & amortization | $27.1M | $25.0M | $2.2M | +9% |
| Share-based compensation | $6.2M | $3.0M | $3.2M | +106% |
| Working capital & other | $10.4M | $74.1M | −$63.8M | -86% |
| Operating cash flow | $91.9M | $21.0M | $71.0M | +338% |
Questions
How much did Aaon's revenue grow quarter over quarter in Q3 2026?
Aaon's revenue rose $65.3M (+10%) from $642M in Q2 2026 to $707M in Q3 2026.
What drove Aaon's revenue change in Q3 2026?
AAON Coil Products +$46.0M (+31%); AAON Oklahoma +$21.2M (+8%); BasX +$13.3M (+6%).