$AAON

AAON, INC.

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Spotting Winners: Carrier Global (NYSE:CARR) And HVAC and Water Systems Stocks In Q2

AAON (NYSE:CARR) beat analyst estimates but fell 9.9% to $85.47. Lennox (NYSE:LII) missed expectations, down 35.5% to $350.87. Advanced Drainage (NYSE:WMS) grew 20.6% but fell 15.3% to $126.77. Northwest Pipe (NASDAQ:NWPX) rose 19.7%, yet dropped 19.3% to $99.44. Market focus shifted from AI to geopolitics.

Q2 Earnings Highlights: A.O. Smith (NYSE:AOS) Vs The Rest Of The HVAC and Water Systems Stocks

AAON (NYSE:AOS) beat analyst estimates and reported fastest revenue growth among HVAC peers, but its stock is down 19.2%. Lennox (NYSE:LII) missed revenue expectations, with stock down 29.4%. Trane Technologies (NYSE:TT) and Zurn Elkay (NYSE:ZWS) both exceeded revenue estimates, but their stocks are down 1.5% and 7.7% respectively. Market focus has shifted from AI to geopolitics and back to fundamentals.

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$AAONMed

Q2 Earnings Highlights: A.O. Smith (NYSE:AOS) Vs The Rest Of The HVAC and Water Systems Stocks

AAON (NYSE:AOS) beat analyst estimates and reported fastest revenue growth among HVAC peers, but its stock is down 19.2%. Lennox (NYSE:LII) missed revenue expectations, with stock down 29.4%. Trane Technologies (NYSE:TT) and Zurn Elkay (NYSE:ZWS) both exceeded revenue estimates, but their stocks are down 1.5% and 7.7% respectively. Market focus has shifted from AI to geopolitics and back to fundamentals.

$AAONMed

AAON (AAON) Q2 2026 Earnings Call Transcript

AAON held its Q2 2026 earnings call. The company reported record Q2 net sales of $627 million, up 101% year over year, driven by BASX and AAON brand growth. BASX branded sales rose 216.2% YoY, while AAON branded sales increased 39.3% YoY. Gross profit increased 84.3% to $152.5 million; gross margin was 24.3%.

$AAONMedAI 8/10

AAON (AAON) Shares Skyrocket, What You Need To Know

AAON (NASDAQ:AAON) shares rose 5.2% after the company reported record Q2 2026 results. Net sales increased 101.2% to $627.0 million and GAAP diluted EPS rose 257.9% to $0.68, driven by demand for data-center liquid-cooling and backlog conversion. AAON raised its 2026 sales growth forecast to 55%–60% but lowered gross margin outlook to 25%–26%.

AAON (AAON) Shares Skyrocket, What You Need To Know

AAON shares rose 5.2% after the company reported record Q2 2026 results. Net sales increased 101.2% to $627.0 million and GAAP diluted EPS rose 257.9% to $0.68, driven by demand for data-center liquid cooling and backlog conversion. AAON raised its 2026 sales growth forecast to 55%–60% but lowered gross margin outlook to 25%–26%.

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