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AAON(AAON) - 2025 Q1 - Earnings Call Presentation

Financial Performance - Sales increased by 22.9% year-over-year to $322.1 million[8] - Gross profit margin was 26.8%, a decrease of 840 bps year-over-year but an increase of 75 bps quarter-over-quarter[8] - Adjusted EBITDA was $56.7 million[8] - Adjusted diluted EPS was $0.37, a decrease of 20.0% year-over-year[8] Segment Performance - BASX brand sales increased by 374.8% year-over-year, driven by data center equipment demand, reaching $132.6 million[12,28] - AAON brand sales decreased by 19.1% year-over-year to $189.5 million due to temporary supply chain issues[12,28] - AAON Oklahoma sales decreased by 23.0% year-over-year to $161.8 million, with gross profits down 51.6% to $38.0 million[28] - AAON Coil Products sales increased by 287.8% year-over-year to $94.0 million, with gross profits up 299.1% to $32.5 million[28] - BASX sales increased by 138.9% year-over-year to $66.2 million, with gross profits up 179.5% to $15.9 million[28] Backlog and Outlook - Total backlog increased by 83.9% year-over-year to $1.0269 billion[8,29] - AAON brand backlog increased by 44.9% year-over-year to $403.9 million[29] - BASX brand backlog increased by 122.7% year-over-year to $623.0 million[29] - The company reaffirmed its 2025 sales growth outlook in the mid- to high-teens and expects capital expenditures of approximately $220.0 million[31]