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AAON reports record Q3 sales up 84%, doubles earnings, raises 2026 outlook despite financial restatements

Company Fundamentals
09 Nov 2026, 23:01 WIB
PRNewsWire
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Bullish
AAON reports record Q3 sales up 84%, doubles earnings, raises 2026 outlook despite financial restatements

AAON posted a record $707.4M in Q3 2026 sales, up 84.1% year-over-year, with operating income and diluted EPS more than doubling. The company improved gross margins and cash flow, driven by strong demand and expanded capacity in both AAON and BASX brands. AAON identified and corrected errors in earlier 2026 financials, revealing a material weakness in internal controls, but sees no fraud and is actively remediating. The company raised its full-year 2026 outlook, expecting 72%-75% sales growth and continued margin improvement, supported by a strong backlog and operational gains.

AAON Group's record Q3 2026 results provide context for industrial sector performance. For readers following Industrials, here is Pluang's market snapshot as of Nov 10, 2026 02:41 WIB: 121 of 135 US Industrials stocks rose today. Notable movers include SMR at USD 5.56 (+9.45%, 82% Sell), PWR at USD 592.00 (+9.45%, 85% Sell), and VRT at USD 199.85 (+9.29%, 52% Sell).

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