StocksMediumUpdated×4•Originally published 9 November 2026•Updated 10 November 2026•
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AAON Stock Rises as Annual Growth Outlook Hits 75% Despite Control Weakness
Key Facts
1AAON’s net sales were $707.4 million, up 84.1% from the third quarter of 2025.
2Ameresco reported adjusted earnings per share of $0.88, compared with $1.45 in the same period of 2025.
3AAON raised its 2026 sales growth outlook to 72%–75%, compared with a previous range of 55%–60%.
4Ameresco’s project backlog was $7.154 billion at September 30, 2026.
AAON raised its full-year sales growth guidance to a range of 72% to 75%, up from the previous outlook of 55% to 60%. The company achieved record third-quarter net sales of $707.4 million, with diluted earnings per share rising to $0.83, driving the stock up 23% to approximately $77.
AAON disclosed a material weakness in internal controls but stated it found no evidence of fraud. The strong performance was supported by a 40% year-on-year growth in total backlog to $1.9 billion, alongside a 218.3% jump in data center-related BASX brand sales.