Argan, Inc (AGX) Financials
Key financial figures for Argan, Inc (Q2 2027).
Argan posted record Q2 FY2027 revenue of $384.0 million (up 61% year over year) and record net income of $53.3 million, while project backlog eased to $2.52 billion from $2.93 billion at fiscal year-end. Revenue reached a record $383,976,000 for the quarter ended July 31, 2026, up 61% from $237,743,000 a year earlier; diluted EPS was $3.76 versus $2.50 in the prior-year quarter. Consolidated gross margin expanded to 19.3% from 18.6% a year ago, and record Adjusted EBITDA of $70.0 million (18.2% margin) compares with $38.5 million (16.2% margin) in the prior-year quarter. The Power segment (Gemma Power Systems / Atlantic Projects Company) grew revenue 53% year over year to about $301 million at a 22% gross margin, the main driver of the quarter's growth, per the CEO's remarks in the release. Figures are for Q2 FY2027, as Argan, Inc. reported them.
- Revenue
- $384M
- Net Income
- $53M
- EPS
- $3.80
- Total Assets
- $1.4B
- Operating Cash Flow
- $97M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2027 | $384M | $53M | $3.76 | 14.79% | $92M |
| Q1 FY2027 | $291M | $46M | $3.24 | 15.6% | $111M |
| Q4 FY2026 | $262M | $49M | $3.47 | 18.19% | $171M |
| Q3 FY2026 | $251M | $31M | $2.17 | 12.99% | $172M |
| Q2 FY2026 | $238M | $35M | $2.50 | 12.64% | $33M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $945M | $138M | $9.73 | 14.26% | $411M |
| FY2025 | $874M | $85M | $6.15 | 10.09% | $161M |
| FY2024 | $573M | $32M | $2.39 | 6.36% | $114M |
Frequently asked questions
What was Argan, Inc.'s revenue last quarter?
Argan, Inc. reported revenue of $384.0 million for Q2 FY2027, up 61.5% from the same period a year earlier.
Is Argan, Inc. profitable?
Yes. Argan, Inc. reported net income of $53.3 million for Q2 FY2027, a net margin of 13.88% on revenue.
How has Argan, Inc.'s margin trended?
Operating margin was 14.79% in Q2 FY2027, compared with 12.64% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Argan, Inc. generate?
Argan, Inc. generated free cash flow of $91.7 million in Q2 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Argan, Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.