Sep 2, 4:10 PM ET
Argan reported record second-quarter fiscal 2027 results for the three months ended July 31, 2026, with revenue up 61.5% year over year to $384.0 million and net income of $53.3 million, or $3.76 per diluted share, versus $2.50 a year earlier. Project backlog fell to about $2.5 billion from $2.9 billion at January 31, 2026, and the company reported no debt, which may matter to shareholders assessing future revenue visibility.
- Q2 revenue rose $146.2 million to $384.0 million; gross margin was 19.3% versus 18.6% a year earlier
- Diluted EPS was $3.76 versus $2.50; quarterly cash dividend per share was $0.500 versus $0.375
- Project backlog was about $2.5 billion at July 31, 2026, down from $2.9 billion at January 31, 2026
- Cash, cash equivalents and investments totaled $1.03 billion, and the company reported no debt
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Jun 4, 4:10 PM ET
Argan, Inc. reported results for the three months ended April 30, 2026, with revenue up 50.2% year over year to $291.0 million and net income of $46.1 million, or $3.24 per diluted share, versus $1.60 a year earlier. Gross margin rose to 21.0% and the company held $973.6 million in cash, cash equivalents and investments with no debt, though backlog fell to $2.8 billion from $2.9 billion.
- Revenue of $291.0 million, up $97.3 million or 50.2% from $193.7 million a year earlier
- Net income of $46.1 million, or $3.24 per diluted share, versus $22.6 million, or $1.60, a year earlier
- Project backlog of approximately $2.8 billion at April 30, 2026, down from $2.9 billion at January 31, 2026
- Quarterly cash dividend of $0.500 per share versus $0.375 a year earlier
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Mar 26, 4:10 PM ET
Argan reported fourth-quarter fiscal 2026 results for the quarter ended January 31, 2026, with revenue up 12.7% to $262.1 million and net income of $49.2 million, or $3.47 per diluted share, versus $2.22 a year earlier. For the full fiscal year, revenue rose 8.1% to $944.6 million and diluted EPS reached $9.74, compared with $6.15, while project backlog grew to approximately $2.9 billion.
- Q4 revenue $262.1 million, up $29.6 million or 12.7% from $232.5 million; gross margin 25.0% vs 20.5%
- Q4 net income $49.2 million, or $3.47 per diluted share, vs $31.4 million, or $2.22, a year earlier
- Fiscal 2026 net income $137.8 million, or $9.74 per diluted share, vs $85.5 million, or $6.15, in fiscal 2025
- Project backlog approximately $2.9 billion at January 31, 2026, vs approximately $1.4 billion a year earlier; the company reported no debt
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Dec 4, 4:15 PM ET
Argan reported results for the quarter ended October 31, 2025, its third quarter of fiscal 2026. Revenue fell $5.9 million, or 2.3%, from the prior-year quarter, which the company attributed to project timing and mix, while net income rose to $30.7 million, or $2.17 per diluted share, from $28.0 million, or $2.00 per share. Project backlog reached $3.0 billion, up from $1.4 billion at January 31, 2025.
- Revenue was $251.2 million, down $5.9 million or 2.3% from $257.0 million a year earlier.
- Net income was $30.7 million, or $2.17 per diluted share, versus $28.0 million, or $2.00 per diluted share, a year earlier.
- Gross margin was 18.7%, up from 17.2%, mainly from improved margins in the Power Industry Services and Industrial Construction Services segments.
- Cash, cash equivalents and investments were $726.8 million at October 31, 2025, and the company reported no debt.
Read the filing on SEC.gov ↗
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