AAON Q2 2023 Earnings — AAON, Inc. Revenue & Financial Results | Market Cap Arena

AAONAAON, Inc.

$8B

Q2 2023 Earnings

Industrials Construction

Income Statement

Revenue

$284M+36.0% YoY

Gross Profit

$94M33.1% margin

Operating Income

$55M19.3% margin

Net Income

$46M16.1% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$55M

Free Cash Flow

$23M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$930M

Total Liabilities

$270M

Stockholders' Equity

$660M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$284M	$209M	+36.0%
Gross Profit	$94M	$47M	+98.5%
Operating Income	$55M	$20M	+167.6%
Net Income	$46M	$16M	+186.5%

Revenue Segments

AAON Oklahoma

$218M77%

BasX

$36M13%

AAON Coil Products

$30M11%