AAON said third-quarter net sales hit a record $707.4 million, up 84.1% year over year, and forecast net sales growth of 72% to 75% in 2026.
Non-GAAP earnings per share was $0.83. AAON also said it restated its first- and second-quarter 2026 financial statements and identified a material weakness in internal control over financial reporting. Backlog reached $1.9 billion, 40.5% above a year earlier.
AAON expects 2026 gross margin near 26% and selling, general and administrative expenses near 13% of sales. It cited backlog, expanded capacity and improving operations as support for the outlook.
