AAON Q1 2023 Earnings — AAON, Inc. Revenue & Financial Results | Market Cap Arena

AAONAAON, Inc.

$8B

Q1 2023 Earnings

Industrials Construction

Income Statement

Revenue

$266M+45.5% YoY

Gross Profit

$77M29.0% margin

Operating Income

$44M16.6% margin

Net Income

$37M13.8% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

-$24M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$868M

Total Liabilities

$259M

Stockholders' Equity

$609M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$266M	$183M	+45.5%
Gross Profit	$77M	$46M	+67.5%
Operating Income	$44M	$23M	+92.1%
Net Income	$37M	$18M	+103.9%

Revenue Segments

AAON Oklahoma

$202M76%

AAON Coil Products

$33M13%

BasX

$31M11%