Aaon (AAON) Operating Expenses (2010 - 2025)

Aaon's Operating Expenses history runs 16 years deep, the most recent figure standing at $65.8 million for Q4 2025.

• In Q4 2025, Operating Expenses rose 36.55% year-over-year to $65.8 million; the TTM figure through Dec 2025 stood at $239.5 million (up 27.37% YoY), while the FY2025 annual figure was $239.5 million, up 27.37% from the prior year.
• Operating Expenses came in at $65.8 million for Q4 2025 at Aaon, up from $63.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $65.8 million in Q4 2025 to a low of $14.7 million in Q1 2021.
• A 5-year average of $38.9 million and a median of $42.3 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 81.74% in 2022 and fell 5.5% in 2024, its largest moves.
• Aaon's Operating Expenses stood at $21.1 million in 2021, then jumped by 51.32% to $31.9 million in 2022, then jumped by 49.81% to $47.9 million in 2023, then gained by 0.71% to $48.2 million in 2024, then jumped by 36.55% to $65.8 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered $65.8 million, $63.2 million, and $59.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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