Aaon (AAON) Operating Expenses (2010 - 2026)
Aaon's (AAON) quarterly Operating Expenses came in at $83.6 million in Q2 2026, up 41.35% year-over-year from $59.1 million in Q2 2025, and up 23.12% quarter-over-quarter from $67.9 million in Q1 2026.
Analysis
Aaon (AAON) Operating Expenses (2010 - 2026) Analysis & Trends
Aaon has disclosed Operating Expenses across 17 years of filings, most recently posting $83.6 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 41.35% year-over-year to $83.6 million; the TTM figure through Jun 2026 stood at $280.6 million (up 35.36% YoY), while the FY2025 annual figure was $239.5 million, up 27.37% from the prior year.
- Operating Expenses came in at $83.6 million for Q2 2026 at Aaon, up from $67.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $83.6 million in Q2 2026 to a low of $23.1 million in Q1 2022.
- Average Operating Expenses over 5 years is $47.9 million, with a median of $48.0 million recorded in 2023.
- Year-over-year, Operating Expenses soared 81.74% in 2022 and fell 5.5% in 2024.
- Over 5 years, Operating Expenses stood at $31.9 million in 2022, then soared by 49.81% to $47.9 million in 2023, then rose by 0.71% to $48.2 million in 2024, then soared by 36.55% to $65.8 million in 2025, then increased by 27.04% to $83.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $83.6 million in Q2 2026, $67.9 million in Q1 2026, and $65.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.21 Bn | 95.89 Bn | 2.26 Bn | 1.04 Bn |
| 2 | Johnson Controls International | 86.90 Bn | 86.26 Bn | 2.47 Bn | 1.49 Bn |
| 3 | Comfort Systems Usa | 56.02 Bn | 54.17 Bn | 844.23 Mn | 287.05 Mn |
| 4 | Carrier Global | 46.82 Bn | 45.47 Bn | 1.94 Bn | 5.58 Bn |
| 5 | Lennox International | 12.94 Bn | 12.88 Bn | 539.50 Mn | 183.10 Mn |
| 6 | Modine Manufacturing | 9.45 Bn | 9.37 Bn | - | - |
| 7 | SPX Technologies | 9.35 Bn | 9.18 Bn | 272.80 Mn | 15.80 Mn |
| 8 | Smith A O | 7.76 Bn | 7.58 Bn | 387.80 Mn | 220.30 Mn |
| 9 | Aaon | 6.28 Bn | 6.28 Bn | 152.49 Mn | 83.61 Mn |
| 10 | Csw Industrials | 4.83 Bn | 4.79 Bn | - | -197.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.61 Mn |
| Mar 31, 2026 | 67.91 Mn |
| Dec 31, 2025 | 65.81 Mn |
| Sep 30, 2025 | 63.23 Mn |
| Jun 30, 2025 | 59.15 Mn |
| Mar 31, 2025 | 51.29 Mn |
| Dec 31, 2024 | 48.19 Mn |
| Sep 30, 2024 | 48.64 Mn |
| Jun 30, 2024 | 45.90 Mn |
| Mar 31, 2024 | 45.29 Mn |
| Dec 31, 2023 | 47.86 Mn |
| Sep 30, 2023 | 51.47 Mn |
| Jun 30, 2023 | 39.27 Mn |
| Mar 31, 2023 | 32.94 Mn |
| Dec 31, 2022 | 31.94 Mn |
| Sep 30, 2022 | 28.89 Mn |
| Jun 30, 2022 | 26.93 Mn |
| Mar 31, 2022 | 23.06 Mn |
| Dec 31, 2021 | 21.11 Mn |
| Sep 30, 2021 | 15.90 Mn |