Aaon Posts 65 Percent EPS Drop in Q2
(NASDAQ:AAON), a leading manufacturer of heating, ventilation, and air conditioning (HVAC) equipment, reported earnings for Q2 2025 on August 11, 2025. The results highlighted operational setbacks that resulted in lower-than-expected performance for the period. Revenue (GAAP) was $311.6 million, compared to an analyst consensus of $324.98 million, while non-GAAP adjusted earnings per share (EPS) fell to $0.22, missing the $0.33 non-GAAP estimate. Profitability and margins saw steep declines compared to the prior year, with GAAP gross profit margin falling from 36.1% to 26.6%. However, the company’s total backlog reached a record $1.12 billion, suggesting robust underlying demand as management works to resolve temporary execution issues. Overall, this quarter reflected a significant operational hiccup but ongoing positive signs in bookings and demand fundamentals.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Aaon designs and manufactures HVAC equipment, serving both niche and mainstream markets in North America. Its products are used in commercial buildings, data centers, cleanrooms, and other temperature-sensitive settings.
Source Fool.com
