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Segments (Tables) | 12 Months Ended
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Dec. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table summarizes certain financial data related to our segments and significant segment expenses and other segment items regularly reviewed by our CODM. During the fourth quarter of 2025, the Company modified sales of coils from AAON Coil Products to AAON Oklahoma to show at cost to be consistent with our other intercompany sales between segments. The revised methodology is intended to better reflect the manner in which the CODM evaluates segment performance and makes resource allocation decisions. As a result of this change, prior period segment results have been recast to conform to the current period presentation. The change did not affect consolidated net sales, cost of sales or gross profit. The cost of sales and gross profit amounts shown below are presented after elimination entries.
|  |  |  |  | Years Ended December 31, |
|  |  |  |  | 2025 |  | 2024 |  | 2023 |
|  |  |  |  | (in thousands) |
AAON Oklahoma |  |  |  |  |  |  |  |  |  |
External sales |  |  |  |  | $ | 801,209 |  |  | $ | 858,711 |  |  | $ | 897,919 |  |
Inter-segment sales |  |  |  |  | 48,198 |  |  | 6,336 |  |  | 4,324 |  |
Eliminations |  |  |  |  | (48,198) |  |  | (6,336) |  |  | (4,324) |  |
Net sales |  |  |  |  | 801,209 |  |  | 858,711 |  |  | 897,919 |  |
Cost of sales 1 |  |  |  |  | 569,121 |  |  | 538,124 |  |  | 566,513 |  |
Gross profit |  |  |  |  | 232,088 |  |  | 320,587 |  |  | 331,406 |  |
AAON Coil Products |  |  |  |  |  |  |  |  |  |
External sales |  |  |  |  | $ | 325,353 |  |  | $ | 143,871 |  |  | $ | 112,320 |  |
Inter-segment sales |  |  |  |  | 16,005 |  |  | 20,192 |  |  | 27,492 |  |
Eliminations |  |  |  |  | (16,005) |  |  | (20,192) |  |  | (27,492) |  |
Net sales |  |  |  |  | 325,353 |  |  | 143,871 |  |  | 112,320 |  |
Cost of sales 1 |  |  |  |  | 255,681 |  |  | 116,287 |  |  | 94,335 |  |
Gross profit |  |  |  |  | 69,672 |  |  | 27,584 |  |  | 17,985 |  |
BASX |  |  |  |  |  |  |  |  |  |
External sales |  |  |  |  | $ | 315,514 |  |  | $ | 198,053 |  |  | $ | 158,279 |  |
Inter-segment sales |  |  |  |  | 502 |  |  | 666 |  |  | 1,480 |  |
Eliminations |  |  |  |  | (502) |  |  | (666) |  |  | (1,480) |  |
Net sales |  |  |  |  | 315,514 |  |  | 198,053 |  |  | 158,279 |  |
Cost of sales 1 |  |  |  |  | 231,550 |  |  | 149,115 |  |  | 108,650 |  |
Gross profit |  |  |  |  | 83,964 |  |  | 48,938 |  |  | 49,629 |  |
Consolidated gross profit |  |  |  |  | $ | 385,724 |  |  | $ | 397,109 |  |  | $ | 399,020 |  |
1 Presented after intercompany eliminations. The reconciliation between consolidated gross profit to consolidated income from operations is as follows:
Consolidated gross profit |  |  |  |  | $ | 385,724 |  |  | $ | 397,109 |  |  | $ | 399,020 |  |
Less: Selling, general and administrative expenses |  |  |  |  | 239,480 |  |  | 188,014 |  |  | 171,539 |  |
Add: gain on disposal of assets |  |  |  |  | 4 |  |  | 23 |  |  | 13 |  |
Consolidated income from operations |  |  |  |  | $ | 146,248 |  |  | $ | 209,118 |  |  | $ | 227,494 |  |
The following table presents long-lived assets by reportable segment, which includes property and equipment, net and operating lease assets:
| December 31, |
| 2025 |  | 2024 |
Long-lived assets | (in thousands) |
AAON Oklahoma | $ | 400,316 |  |  | $ | 321,597 |  |
AAON Coil Products | 157,752 |  |  | 122,515 |  |
BASX | 91,182 |  |  | 81,680 |  |
Total long-lived assets | $ | 649,250 |  |  | $ | 525,792 |  |
The following table presents intangible assets and goodwill, net, by reportable segment:
| December 31, |
| 2025 |  | 2024 |
Intangible assets and goodwill | (in thousands) |
AAON Oklahoma | $ | 25,600 |  |  | $ | 22,966 |  |
AAON Coil Products | 4,235 |  |  | — |  |
BASX | 135,964 |  |  | 137,186 |  |
Total intangible assets and goodwill | $ | 165,799 |  |  | $ | 160,152 |  |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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