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AAON, INC.

For the period ended Jun 30, 2026. Filed Aug 10, 2026.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 10, 2026

AAON$57.19+5.1%Stored close · as of Nov 6, 2026

What changed in Risk Factors?

Read the current filing

Previous report: 10-Q

Period ended 2026-03-31; filed 2026-05-07.

0000824142-26-000036

Item 1A. Risk Factors

Current report: 10-Q

Period ended 2026-06-30; filed 2026-08-10.

0000824142-26-000055

Item 1A. Risk Factors

The baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.

Compared 7 previous paragraphs and 7 current paragraphs.

4 unchanged; 3 reworded; 0 added; 0 removed; 0 previous and 0 current paragraphs rearranged.

Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.

A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.

The current filing states there were no material changes to risk factors.

This is the filer’s own statement, not a conclusion from the comparison. Read its qualifications and the report it references.

Current filing’s statement

In addition to the other information set forth in this report, you should carefully consider the factors discussed in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025. The risk factors described in our Annual Report could materially adversely affect our business, financial condition or future results. There have been no material changes to the risk factors included in our 2025 Annual Report.
Reworded paragraphs (3)

Previous wording

The Company may repurchase AAON, Inc. stock on the open market from time to time. For the three months ended March 31, 2026, we have repurchased zero shares under the current $100 million open market stock buyback program, approved by the Board of Directors on February 27, 2025. The Board must authorize the timing and amount of these purchases and all repurchases are in accordance with the rules and regulations of the SEC allowing the Company to repurchase shares from the open market.

Current wording

The Company may repurchase AAON, Inc. stock on the open market from time to time. Since it’s inception, we have repurchased 371 thousand shares for approximately $30 million under the current $100 million open market stock buyback program, approved by the Board of Directors on February 27, 2025. For the six months ended June 30, 2026 we have repurchased zero shares. The Board must authorize the timing and amount of these purchases and all repurchases are in accordance with the rules and regulations of the SEC allowing the Company to repurchase shares from the open market.

Previous wording

The Company also repurchases shares of AAON, Inc. stock from employees for payment of statutory tax withholdings on stock transactions and/or stock repurchased to cover the strike price of stock options. For the three months ended March 31, 2026, we repurchased approximately 34.6 thousand shares (at current market prices) for an aggregate price of $3.2 million, or an average price of $92.66 per share.

Current wording

The Company also repurchases shares of AAON, Inc. stock from employees for payment of statutory tax withholdings on stock transactions and/or stock repurchased to cover the strike price of stock options. For the six months ended June 30, 2026, we repurchased approximately 44.1 thousand shares (at current market prices) for an aggregate price of $4.5 million, or an average price of $101.38 per share.

Previous wording

Repurchases during the first quarter of 2026 were as follows:

Current wording

Repurchases during the second quarter of 2026 were as follows: