Description

AAON’s Hidden Growth Engine: BASX Sales Explode 216% On Data Center Demand!

AAON Inc. reported strong financial and operational performance for the second quarter of 2026, highlighted by record revenues and notable growth across its major business segments. The company’s consolidated net sales reached $627 million, marking a 101% increase year-over-year, underpinned by robust demand for both its AAON and BASX branded products. BASX sales, driven primarily by data center liquid cooling solutions, rose 216% year-over-year, whereas AAON branded sales increased 40%, reflecting improved production throughput and market share gains despite a relatively soft commercial HVAC environment. The acceleration in production throughput, particularly at the recently expanded Memphis facility, supported significant backlog conversion with backlog levels remaining approximately double the prior year, albeit down sequentially due to rapid shipment pacing.