Aaon (AAON) Cost of Revenue (2010 - 2026)
Aaon's (AAON) quarterly Cost of Revenue came in at $474.5 million in Q2 2026, up 107.35% year-over-year from $228.8 million in Q2 2025, and up 27.56% quarter-over-quarter from $372.0 million in Q1 2026.
Analysis
Aaon (AAON) Cost of Revenue (2010 - 2026) Analysis & Trends
Aaon has disclosed Cost of Revenue across 17 years of filings, most recently posting $474.5 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 107.35% year-over-year to $474.5 million; the TTM figure through Jun 2026 stood at $1.4 billion (up 60.21% YoY), while the FY2025 annual figure was $1.1 billion, up 31.46% from the prior year.
- Cost of Revenue came in at $474.5 million for Q2 2026 at Aaon, up from $372.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $474.5 million in Q2 2026 to a low of $136.7 million in Q1 2022.
- Average Cost of Revenue over 5 years is $229.3 million, with a median of $198.2 million recorded in 2023.
- Year-over-year, Cost of Revenue decreased 10.03% in 2024 and jumped 107.35% in 2026.
- Over 5 years, Cost of Revenue stood at $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, then soared by 50.9% to $474.5 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $474.5 million in Q2 2026, $372.0 million in Q1 2026, and $314.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.32 Bn | 96.02 Bn | 2.26 Bn | 4.09 Bn |
| 2 | Johnson Controls International | 88.44 Bn | 87.84 Bn | 2.47 Bn | 4.14 Bn |
| 3 | Comfort Systems Usa | 59.52 Bn | 57.67 Bn | 844.23 Mn | 2.42 Bn |
| 4 | Carrier Global | 47.35 Bn | 46.33 Bn | 1.94 Bn | 4.41 Bn |
| 5 | Lennox International | 12.64 Bn | 12.59 Bn | 539.50 Mn | 1.01 Bn |
| 6 | Modine Manufacturing | 9.98 Bn | 9.92 Bn | - | - |
| 7 | SPX Technologies | 9.61 Bn | 9.44 Bn | 272.80 Mn | 406.20 Mn |
| 8 | Smith A O | 7.80 Bn | 7.62 Bn | 387.80 Mn | 616.50 Mn |
| 9 | Aaon | 6.58 Bn | 6.58 Bn | 152.49 Mn | 474.49 Mn |
| 10 | Legence | 6.12 Bn | 6.21 Bn | 220.23 Mn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 474.49 Mn |
| Mar 31, 2026 | 371.97 Mn |
| Dec 31, 2025 | 314.45 Mn |
| Sep 30, 2025 | 277.38 Mn |
| Jun 30, 2025 | 228.84 Mn |
| Mar 31, 2025 | 235.69 Mn |
| Dec 31, 2024 | 220.10 Mn |
| Sep 30, 2024 | 213.09 Mn |
| Jun 30, 2024 | 200.47 Mn |
| Mar 31, 2024 | 169.86 Mn |
| Dec 31, 2023 | 194.90 Mn |
| Sep 30, 2023 | 195.86 Mn |
| Jun 30, 2023 | 189.94 Mn |
| Mar 31, 2023 | 188.80 Mn |
| Dec 31, 2022 | 176.06 Mn |
| Sep 30, 2022 | 177.01 Mn |
| Jun 30, 2022 | 161.44 Mn |
| Mar 31, 2022 | 136.71 Mn |
| Dec 31, 2021 | 109.74 Mn |
| Sep 30, 2021 | 102.55 Mn |