🔴 AAON is trading 4.53% down today after lower gross-margin guidance overshadowed record results

AAON is trading 4.53% down at $85.19 after investors focused on lower profitability guidance despite record second-quarter results.

• Management raised 2026 sales-growth guidance to 55%-60% from 40%-45%, but reduced gross-margin guidance to 25%-26% from 27%-28%.
• The company cited BASX’s lower margins, Memphis ramp-up costs, and outsourcing expenses.
• On August 10, shares had already fallen 5.89% to $89.24 as margin concerns overshadowed strong data-center demand.