Argan Inc (AGX)
NYSE:AGX
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Earnings Data
Report Date
Sep 03, 2026After Close (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
2.65Last Year’s EPS
2.5Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong operational and financial results with substantial revenue growth (50%), large increases in net income (~104%) and adjusted EBITDA (~79%), improved margins, significant cash/investment balances ($974M), and expanded capital return programs. These positives are tempered by a modest sequential backlog decline, concentration in gas-fired projects (79%), lower margins in Industrial and Teledata segments, early-stage project risks, and capacity/training constraints that limit near-term scaling. Overall, the favorable performance and balance sheet strength outweigh the manageable risks and timing issues.Company Guidance
Record Revenue Growth
Revenue of $291.0 million in Q1 FY2027, an increase of 50% from $194.0 million in Q1 FY2026, driven primarily by ramp-up in the Power segment and timing of recently awarded projects.
Improved Profitability Metrics
Consolidated gross profit of $61.1 million (21.0% gross margin) vs. $36.9 million (19.0% margin) a year ago. Net income rose to $46.1 million ($3.24 diluted EPS) from $22.6 million ($1.60), an increase of ~104%.
Adjusted EBITDA Expansion
Adjusted EBITDA increased to $56.4 million (19.4% adjusted EBITDA margin) from $31.5 million (16.3% margin), representing a ~79% increase in adjusted EBITDA and a 3.1 percentage point margin improvement.
Strong Power Segment Performance
Power segment revenue of $227 million (78% of consolidated revenues) with a segment gross margin of 23.6% and pretax book income of $52 million. Power backlog reported at $2.5 billion, including four U.S. gas-fired plants totaling over 4.1 GW.
Operational Execution — Early Project Completions
Reached final completion of the 950-MW Trumbull Energy Center (ahead of schedule) and substantial completion ahead of schedule on the third Midwest solar and battery project — credited as evidence of execution excellence supporting margins.
Balance Sheet Strength and Liquidity
Cash, cash equivalents and investments totaled $974 million; net liquidity of $421 million and zero debt as of April 30, 2026. Other income of $8.4 million primarily reflected investment income.
Capital Return and Shareholder Actions
Quarterly dividend of $0.50 per share (annualized $2.00) maintained; dividend increased 33% in Sept 2025. Share repurchase authorization increased to $200 million from $150 million and program extended to Jan 31, 2030; $116.7 million returned since inception and $33.6 million returned to shareholders in Q1.
Industrial Segment Momentum and Fabrication Investment
Industrial revenue of $58 million (20% of consolidated revenues) — noted as record revenue for the Industrial group — backlog $225 million. Company initiated construction of an additional North Carolina fabrication facility to support a $125 million data center contract; expected CapEx of approximately $10–$13 million.
AGX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AGX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 04, 2026 | $689.43 | $694.72 | +0.77% |
Mar 26, 2026 | $410.52 | $566.16 | +37.91% |
Dec 04, 2025 | $355.65 | $313.05 | -11.98% |
Sep 04, 2025 | $236.89 | $210.68 | -11.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Argan Inc (AGX) report earnings?
Argan Inc (AGX) is schdueled to report earning on Sep 03, 2026, After Close (Confirmed).
What is Argan Inc (AGX) earnings time?
Argan Inc (AGX) earnings time is at Sep 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AGX EPS forecast?
AGX EPS forecast for the fiscal quarter 2027 (Q2) is 2.65.