Inferra AI / Company / AGX
Argan Inc.
AGX · Industrials
Last earnings Sep 2, 2026
Key results
Revenuequarter
$237.7 million
revenue of $237.7 million,
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
Gross marginquarter
18.6%
gross margin of 18.6%, significantly improved diluted
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
EPSquarter
$2.50
earnings per share of $2.50 and substantially increased EBITDA of $36.2 million.
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
Second Quarter Results Consolidated revenues for the quarter ended July 31, 2025 were $237.7 million, an increase of $10.7 million, or 4.7%, from consolidated revenues of $227.0 million reported for the comparable prior year quarter.
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
Selling, general and administrative expenses were $14.2 million and $12.4 million for the three months ended July 31, 2025 and 2024, respectively, and represented 6.0% and 5.5% of corresponding consolidated revenues, respectively.
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
Net incomequarter
$35.3 million
For the quarter ended July 31, 2025, Argan achieved net income of $35.3 million, or a record $2.50 per diluted share, compared to $18.2 million, or $1.31 per diluted share, for last year s second quarter.
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
First Six Months Results Consolidated revenues for the six months ended July 31, 2025 were $431.4 million, an increase of $46.7 million, or 12.1%, from consolidated revenues of $384.7 million reported for the comparable prior year period.
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
For the six months ended July 31, 2025, Argan achieved net income of $57.8 million, or $4.09 per diluted share, versus net income of $26.1 million, or $1.90 per diluted share, for last year s comparable period.
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
AI analysis
Q2 FY2026 · reported Sep 4, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 FY2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $237.7 million | — | — |
| Gross margin | 18.6% | — | — |
| EPS | $2.50 | — | — |
| Net income | $35.3 million | — | — |
Guidance · company-stated
No guidance located in the held release
Margin
Capital allocation
Balance sheet net liquidity was $344.5 million at July 31, 2025 and $301.4 million at January 31, 2025; furthermore, the Company had no debt.
government agencies, authorities, instrumentalities or sponsored enterprises; and repurchase agreements secured by such obligations.
Event summary
Reports Second Quarter Fiscal 2026 Results Reports Record Backlog of $2.0 Billion September 4, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Balance sheet net liquidity was $344.5 million at July 31, 2025 and $301.4 million at January 31, 2025; furthermore, the Company had no debt.
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
government agencies, authorities, instrumentalities or sponsored enterprises; and repurchase agreements secured by such obligations.
SEC original ↗Argan Inc. — 10-Q Quarterly report10-QSep 2, 2026
Earnings on Cash and Invested Funds The Company earns interest and dividends on its cash equivalents and invested funds.
SEC original ↗Argan Inc. — 10-Q Quarterly report10-QSep 2, 2026
In addition to the base commitment, the credit facility includes an accordion feature that allows for an additional commitment amount of $ 30.0 million, subject to certain conditions.
SEC original ↗Argan Inc. — 10-Q Quarterly report10-QSep 2, 2026
The Company may use the borrowing ability to cover other credit instruments issued by the Bank for the Company s use in the ordinary course of business as defined in the Credit Agreement.
SEC original ↗Argan Inc. — 10-Q Quarterly report10-QSep 2, 2026
As of July 31, 2026 and January 31, 2026, the Company did not have any borrowings outstanding under the Credit Agreement.
SEC original ↗Argan Inc. — 10-Q Quarterly report10-QSep 2, 2026
Strategy & priorities
We re excited about the opportunities we re seeing in the marketplace and remain focused on our disciplined approach to pursuing and winning the right projects, with the right partners, in the right geographies.
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
Argan s service offerings focus on the engineering, procurement and construction of natural gas-fired power plants and renewable energy facilities, along with related commissioning, maintenance, project development and technical consulting services, through its Gemma Power Systems and Atlantic Projects Company operations.
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
Risks & headwinds
The Company s future financial performance is subject to risks and uncertainties including, but not limited to, the successful addition of new contracts to project backlog, the receipt of corresponding notices to proceed with contract activities, and the Company s ability to successfully complete the projects that it obtains.
SEC original ↗Argan Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025
NOTE 9 LEGAL CONTINGENCIES In the normal course of business, the Company may have pending claims and legal proceedings.
SEC original ↗Argan Inc. — 10-Q Quarterly report10-QSep 2, 2026
However, the outcomes of such legal claims and proceedings are subject to inherent uncertainties.
SEC original ↗Argan Inc. — 10-Q Quarterly report10-QSep 2, 2026
These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.
SEC original ↗Argan Inc. — 10-Q Quarterly report10-QSep 2, 2026
There may be other risks and uncertainties that we are unable to predict at this time or that we currently do not expect to have a material adverse effect on our business, and we undertake no obligation to update or revise any forward-looking statements except as required by law.
SEC original ↗Argan Inc. — 10-Q Quarterly report10-QSep 2, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q2 2026
- 8-KAGX
Sep 9, 2026
- 8-KAGX
Sep 2, 2026
- 10-QAGX
Sep 2, 2026
- 8-KAGX
Aug 4, 2026
- Q1 2026
- 8-KAGX
Jun 10, 2026
- 8-KAGX
Jun 4, 2026
- 10-QAGX
Jun 4, 2026
- 8-KAGX
Apr 8, 2026
- Q4 2025
- 8-KAGX
Mar 26, 2026
- 10-KAGX
Mar 26, 2026
- Q3 2025
- 8-KAGX
Dec 11, 2025
- 8-KAGX
Dec 4, 2025
- 10-QAGX
Dec 4, 2025
- 8-KAGX
Nov 7, 2025
- 8-KAGX
Oct 30, 2025
- Q2 2025
- 8-KAGX
Sep 10, 2025
- 8-KAGX
Sep 4, 2025
- 10-QAGX
Sep 4, 2025
- 8-KAGX
Jul 28, 2025
- Q1 2025
- 8-KAGX
Jun 17, 2025
- 8-KAGX
Jun 4, 2025
- 10-QAGX
Jun 4, 2025
- 8-KAGX
Apr 10, 2025
- 8-KAGX
Apr 9, 2025
- 8-KAGX
Apr 7, 2025
- Q4 2024
- 8-KAGX
Mar 27, 2025
- 10-KAGX
Mar 27, 2025
- 8-KAGX
Mar 10, 2025
- 8-KAGX
Feb 6, 2025
- 8-KAGX
Feb 4, 2025
Earnings releases
12 documentsPresentations
0 documentsNo presentations for Argan Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Argan Inc. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.