American Oncology Network Inc. $(AON)$ has reported strong financial results for the 12 months ended June 30, 2025, with annual revenue surpassing $2 billion. This represents a growth of over 40% compared to the previous 12-month period ending June 30, 2024. The increase in revenue is attributed to both organic expansion and the integration of new practices and providers in various markets. AON's provider network has expanded to over 300 oncology and hematology providers across 20 states, enhancing access to advanced treatment options. In terms of business operations, AON continues to invite new partners to join its network, promoting clinical autonomy and increased revenue through access to its comprehensive support infrastructure. Partner practices have experienced an average of more than 30% increase in sustainable income after joining AON. Looking forward, AON has shown leadership in value-based care by achieving nearly $6 million in cost savings for CMS and partnering with a multi-state commercial value-based care organization, resulting in $2.7 million in cumulative savings. Additionally, AON launched a self-funded employer contracting initiative covering 1 million lives, aligned with value-based benefit design principles, and implemented a social risk navigation platform that improved social risk factors by 39%, contributing to better health outcomes.