Aaon (AAON) Cost of Revenue (2010 - 2025)

Aaon's (AAON) quarterly Cost of Revenue came in at $314.4 million in Q4 2025, up 42.86% year-on-year from $220.1 million in Q4 2024, and up 13.36% quarter-over-quarter from $277.4 million in Q3 2025.

Aaon (AAON) Cost of Revenue (2010 - 2025) Analysis & Trends

Aaon has disclosed Cost of Revenue across 16 years of filings, most recently posting $314.4 million for Q4 2025.

  • Cost of Revenue for Q4 2025 came in at $314.4 million, up 42.86% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.1 billion (up 31.46% YoY), and the FY2025 annual result was $1.1 billion, up 31.46% from the prior year.
  • Cost of Revenue came in at $314.4 million for Q4 2025 at Aaon, up from $277.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $314.4 million in Q4 2025 to a low of $82.6 million in Q1 2021.
  • The 5-year median for Cost of Revenue is $189.4 million (2023), against an average of $183.9 million.
  • Across the five-year window, Cost of Revenue decreased 12.59% in 2021 and jumped 72.61% in 2022, its largest moves.
  • Aaon's Cost of Revenue stood at $109.7 million in 2021, then surged by 60.44% to $176.1 million in 2022, then rose by 10.7% to $194.9 million in 2023, then rose by 12.93% to $220.1 million in 2024, then surged by 42.86% to $314.4 million in 2025.
  • The last three Cost of Revenue figures came in at $314.4 million (Q4 2025), $277.4 million (Q3 2025), and $228.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 3.24 Bn
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 3.72 Bn
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 525.00 Mn
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 783.80 Mn
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 1.23 Bn
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 688.90 Mn
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 336.20 Mn
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 1.55 Bn
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 314.45 Mn
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 1.76 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 314.45 Mn
Dec 31, 2025 314.45 Mn
Sep 30, 2025 277.38 Mn
Sep 30, 2025 277.38 Mn
Jun 30, 2025 228.84 Mn
Jun 30, 2025 228.84 Mn
Mar 31, 2025 235.69 Mn
Mar 31, 2025 235.69 Mn
Dec 31, 2024 220.10 Mn
Dec 31, 2024 220.10 Mn
Sep 30, 2024 213.09 Mn
Sep 30, 2024 213.09 Mn
Jun 30, 2024 200.47 Mn
Jun 30, 2024 200.47 Mn
Mar 31, 2024 169.86 Mn
Mar 31, 2024 169.86 Mn
Dec 31, 2023 194.90 Mn
Dec 31, 2023 194.90 Mn
Sep 30, 2023 195.86 Mn
Sep 30, 2023 195.86 Mn