Argan Q2 fiscal 2026 revenue rises 4.7% to $237.7 million; diluted EPS $2.50
Argan reported results for the quarter ended July 31, 2025. Revenue rose to $237.7 million from $227.0 million a year earlier, and net income more than doubled to $35.3 million, or $2.50 per diluted share, versus $18.2 million, or $1.31, in the prior-year quarter. Project backlog reached $1.95 billion, up from $1.36 billion at January 31, 2025, and the company reported no debt.
Key points
- Revenue of $237.7 million, up $10.7 million or 4.7% from $227.0 million
- Net income of $35.3 million, or $2.50 per diluted share, versus $18.2 million, or $1.31, a year earlier
- Gross margin of 18.6% versus 13.7%, mainly from improved margins in the Power Industry Services segment
- Project backlog of $1.953 billion at July 31, 2025, up from $1.361 billion at January 31, 2025
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 04, 2025.
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