AAON, INC. (AAON) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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AAON, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $54,968,000.00Net income → Operating adjustments reconciliation: $41,506,000.00Accounts payable → Operating adjustments reconciliation: $63,877,000.00Depreciation and amortization → Operating adjustments reconciliation: $44,716,000.00Share-based compensation → Operating adjustments reconciliation: $10,702,000.00Income tax receivable → Operating adjustments reconciliation: $8,233,000.00Deferred income taxes → Operating adjustments reconciliation: $7,823,000.00Extended warranties → Operating adjustments reconciliation: $7,075,000.00Prepaid expenses and other long-term assets → Operating adjustments reconciliation: $6,284,000.00Accrued liabilities and other long-term liabilities → Operating adjustments reconciliation: $5,916,000.00Provision for excess and obsolete inventories, net of write-offs → Operating adjustments reconciliation: $1,225,000.00Amortization of right of use assets → Operating adjustments reconciliation: $91,000.00Amortization of debt issuance costs → Operating adjustments reconciliation: $84,000.00Operating adjustments reconciliation → Inventories: $71,402,000.00Operating adjustments reconciliation → Contract liabilities: $67,918,000.00Operating adjustments reconciliation → Accounts receivable: $46,314,000.00Operating adjustments reconciliation → Contract assets: $11,836,000.00Operating adjustments reconciliation → (Recoveries of) Provision for losses on accounts receivable, net of adjustments: $62,000.00Borrowings of debt → financing reconciliation: $597,485,000.00Stock options exercised → financing reconciliation: $29,100,000.00Proceeds from financing obligation, net of issuance costs → financing reconciliation: $12,908,000.00financing reconciliation → Net cash from financing activities: $57,444,000.00financing reconciliation → Payments of debt: $560,805,000.00financing reconciliation → Cash dividends paid to stockholders: $16,377,000.00financing reconciliation → Repurchases of stock - LTIP plans (Note 17): $4,468,000.00financing reconciliation → Payment related to financing costs: $399,000.00Net cash used in investing activities → investing reconciliation: $100,924,000.00Grant proceeds received → investing reconciliation: $1,650,000.00investing reconciliation → Capital expenditures: $97,282,000.00investing reconciliation → Acquisition of intangible assets: $5,292,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,239,000.00Net cash from operating activities → Cash sources and uses: $54,968,000.00Net cash from financing activities → Cash sources and uses: $57,444,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $12,727,000.00Cash sources and uses → Net cash used in investing activities: $100,924,000.00Net income: $96,474,000.00Net income+$96.47 MDepreciation and amortization: $44,716,000.00Depreciation & amortization+$44.72 MAmortization of debt issuance costs: $84,000.00Debt issuance cost amortization+$84.00 KAmortization of right of use assets: $91,000.00Finance lease asset amortization+$91.00 K(Recoveries of) Provision for losses on accounts receivable, net of adjustments: -$62,000.00Credit loss provision−$62.00 KProvision for losses on contract assets, net of adjustments: $0.00Provision for excess and obsolete inventories, net of write-offs: $1,225,000.00Inventory write-downs+$1.23 MShare-based compensation: $10,702,000.00Stock-based compensation+$10.70 MOther: $0.00Deferred income taxes: $7,823,000.00Deferred income taxes+$7.82 MAccounts receivable: -$46,314,000.00Accounts receivable−$46.31 MIncome tax receivable: $8,233,000.00Income taxes receivable+$8.23 MInventories: -$71,402,000.00Inventories−$71.40 MContract assets: -$11,836,000.00Contract assets−$11.84 MPrepaid expenses and other long-term assets: $6,284,000.00Prepaid & other assets+$6.28 MAccounts payable: $63,877,000.00Accounts payable+$63.88 MContract liabilities: -$67,918,000.00Deferred revenue−$67.92 MExtended warranties: $7,075,000.00Unearned revenue+$7.08 MAccrued liabilities and other long-term liabilities: $5,916,000.00Accrued liabilities+$5.92 MNet cash from operating activities: $54,968,000.00Operating cash+$54.97 MOperating adjustments reconciliation: $197,532,000.00Borrowings of debt: $597,485,000.00Credit line borrowings+$597.49 MPayments of debt: -$560,805,000.00Credit line repayments−$560.81 MProceeds from financing obligation, net of issuance costs: $12,908,000.00Financing obligation issued, net+$12.91 MPayment related to financing costs: -$399,000.00Financing costs paid−$399.00 KStock options exercised: $29,100,000.00Stock option exercises+$29.10 MRepurchase of stock - open market: $0.00Repurchases of stock - LTIP plans (Note 17): -$4,468,000.00Stock-award tax withholding−$4.47 MCash dividends paid to stockholders: -$16,377,000.00Dividends paid−$16.38 MNet cash from financing activities: $57,444,000.00Financing cash+$57.44 Mfinancing reconciliation: $639,493,000.00Capital expenditures: -$97,282,000.00Equipment purchases−$97.28 MGrant proceeds received: $1,650,000.00Grant proceeds received+$1.65 MProceeds from sale of property, plant and equipment: $0.00Acquisition of intangible assets: -$5,292,000.00Intangible asset purchases−$5.29 MPrincipal payments from note receivable: $0.00Net cash used in investing activities: -$100,924,000.00. Cash required to fund net payments.Investing cash−$100.92 Minvesting reconciliation: $102,574,000.00Cash sources and uses: $113,651,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,239,000.00Beginning cash$1.24 MEnding cash: Cash, cash equivalents, and restricted cash: $12,727,000.00Ending cash$12.73 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flowNot availableCash flow / Net income0.57×Operating cash flow ÷ net incomeNet cash change+$11.49 MEnding cash − beginning cash
Chart details

AAON, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
1,239,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
54,968,000 US dollars. Net cash provided.
Net income
96,474,000 US dollars
Depreciation and amortization
44,716,000 US dollars
Amortization of debt issuance costs
84,000 US dollars
Amortization of right of use assets
91,000 US dollars
(Recoveries of) Provision for losses on accounts receivable, net of adjustments
negative 62,000 US dollars
Provision for losses on contract assets, net of adjustments
0 US dollars
Provision for excess and obsolete inventories, net of write-offs
1,225,000 US dollars
Share-based compensation
10,702,000 US dollars
Other
0 US dollars
Deferred income taxes
7,823,000 US dollars
Accounts receivable
negative 46,314,000 US dollars
Income tax receivable
8,233,000 US dollars
Inventories
negative 71,402,000 US dollars
Contract assets
negative 11,836,000 US dollars
Prepaid expenses and other long-term assets
6,284,000 US dollars
Accounts payable
63,877,000 US dollars
Contract liabilities
negative 67,918,000 US dollars
Extended warranties
7,075,000 US dollars
Accrued liabilities and other long-term liabilities
5,916,000 US dollars
Investing activities
negative 100,924,000 US dollars. Net cash used.
Capital expenditures
negative 97,282,000 US dollars
Grant proceeds received
1,650,000 US dollars
Proceeds from sale of property, plant and equipment
0 US dollars
Acquisition of intangible assets
negative 5,292,000 US dollars
Principal payments from note receivable
0 US dollars
Financing activities
57,444,000 US dollars. Net cash provided.
Borrowings of debt
597,485,000 US dollars
Payments of debt
negative 560,805,000 US dollars
Proceeds from financing obligation, net of issuance costs
12,908,000 US dollars
Payment related to financing costs
negative 399,000 US dollars
Stock options exercised
29,100,000 US dollars
Repurchase of stock - open market
0 US dollars
Repurchases of stock - LTIP plans (Note 17)
negative 4,468,000 US dollars
Cash dividends paid to stockholders
negative 16,377,000 US dollars
Operating adjustment reconciliation
197,532,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
639,493,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
102,574,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
12,727,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
113,651,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
11,488,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.57×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $54.97M of net income directly to operating cash and $41.51M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
AAON, INC. (AAON) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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