AAON Reports Record Q3 Revenue of $707.4 Million and Strong Backlog Growth
AAON, Inc. reported significant third-quarter growth, highlighted by a record net sales figure of $707.4 million, representing an 84.1% increase year-over-year. The company also saw its total backlog climb 40.5% to reach $1.9 billion, signaling robust future demand for its products. Driven by expanded capacity and improved operational execution, AAON has raised its 2026 outlook. The company now projects net sales growth between 72% and 75%, with gross margins expected to hover around 26%. This strong performance reflects the company's ability to scale amidst high demand in its sector.
Tickers: $AAON
Topics: backlog increase earnings report financial guidance revenue growth
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Part of the story AAON Reports Record Q3 Revenue of $707.4 Million and Strong Backlog Growth (3 articles)