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

Aaon's Cost of Revenue history runs 16 years deep, the most recent figure standing at $314.4 million for Q4 2025.

• In Q4 2025, Cost of Revenue rose 42.86% year-over-year to $314.4 million; the TTM figure through Dec 2025 stood at $1.1 billion (up 31.46% YoY), while the FY2025 annual figure 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.
• A 5-year average of $183.9 million and a median of $189.4 million in 2023 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue slipped 12.59% in 2021 and surged 72.61% in 2022, its largest moves.
• Aaon's Cost of Revenue stood at $109.7 million in 2021, then soared by 60.44% to $176.1 million in 2022, then gained by 10.7% to $194.9 million in 2023, then gained by 12.93% to $220.1 million in 2024, then soared by 42.86% to $314.4 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $314.4 million, $277.4 million, and $228.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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