AGXArgan, Inc.

$392.75+51% 1Y

The financials

Argan, Inc. by the numbers

Argan, Inc. (AGX) reported revenue of $384M in Q2 2026 (quarter ended Jul 31, 2026), up 62% from the same quarter a year earlier. That came with a gross margin of 19% and net income of $53M (14% of revenue). For the full year FY2025, revenue was $945M (+8.1% year on year) and net income $138M. Its largest segment in Q1 2026 (quarter ended Apr 30, 2026) was Power Industry Services at $227M, 78% of the disclosed total, well ahead of Industrial Construction Services at 20%. The next results filing is expected around Dec 3, 2026, the same week as a year ago.

Argan, Inc. income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$384M$238M+62%
Gross profit$74M$44M+68%
Operating income$57M$30M+89%
Net income$53M$35M+51%
Diluted EPS$3.76$2.50+50%
Revenue by segment, Q1 2026 (quarter ended Apr 30, 2026), as reported to the SEC · segment disclosure runs one filing behind the income statement
OperatingRevenueShare
Power Industry Services$227M78%
Industrial Construction Services$58M20%
Telecommunications Infrastructure Services$6.0M2.1%

Business segments

Revenue split by operating segment, from SEC XBRL filings.

Latest period: Q1 2026Total $291.0M (+11%)
Industrial Construction Services grew +100% year on yearPower Industry Services +41% year on year
  • Power Industry Services$226.7Mquarter on quarter +11%year on year +41%
  • Industrial Construction Services$58.3Mquarter on quarter +10%year on year +100%
  • Telecommunications Infrastructure Services$6.0Mquarter on quarter +10%year on year +45%
Segment sum = 100% of reported consolidated revenue · Latest source: 10-Q filed Jun 4, 2026, SEC EDGAR