Argan Inc (AGX)
NYSE:AGX
Earnings Data
Report Date
Jun 10, 2026After Close (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
2.31Last Year’s EPS
1.6Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong, broad-based financial and operational performance — record revenue, profit, margins, EBITDA and a materially expanded backlog and liquidity position — alongside disciplined capital returns (dividend increase and buyback). Management acknowledged typical construction-industry risks: quarter-to-quarter margin variability, dependence on gas-fired project demand, workforce capacity constraints and limited control over project start timing. Overall, the positives (record results, backlog growth, cash position, successful project execution) materially outweigh the operational and market risks noted.Company Guidance
Record Revenue and Top-Line Growth
Consolidated revenue reached a record $262.1M in Q4 (up 13% YoY) and a record $944.6M for fiscal 2026 (up 8.1% YoY). Q4 growth was driven by timing of Power projects and ramp-up after Trumbull substantial completion.
Record Profitability and EPS Expansion
Record net income of $49.2M in Q4 (vs. $31.4M prior year, +56.7%) and $137.8M for the fiscal year (vs. $85.5M prior year, +61.2%). Diluted EPS of $3.47 in Q4 and $9.74 for FY2026 (both record levels).
Strong Margin Improvement and EBITDA Growth
Q4 consolidated gross margin improved to 25% from 20.5% in the prior-year quarter (+4.5 percentage points). FY consolidated gross margin increased to 20.5% from 16.1% (+4.4 pp). Q4 EBITDA rose to $56.0M (up 42.5% YoY) and FY EBITDA to $162.8M (up 43.4% YoY); Q4 EBITDA margin 21.4% vs 16.9% prior-year quarter.
Robust Backlog and New Contract Awards
Added $2.5B of new contract value during fiscal 2026, growing consolidated project backlog to more than $2.9B at year end. Backlog includes three U.S. gas-fired plants totaling over 3.4 GW.
Power Segment Leadership
Power segment revenue of $204M in Q4 (up 3.6% YoY) and pretax book income of $55M; Power backlog closed the year at $2.7B. Power segment Q4 gross margin of 29% driven by execution and Trumbull completion ahead of schedule.
Diversified Segment Momentum
Industrial segment Q4 revenue rose to $53M from $33M in prior-year quarter (+~61% YoY) with backlog of $253M. Teledata Q4 revenue increased to $5M from $3M (+~67% YoY) with backlog of $8.4M.
Very Strong Balance Sheet and Liquidity
Cash, cash equivalents and investments of ~$895M, net liquidity of $421M (up $120M YoY, +~40%), no debt, and stockholders' equity of $462M. Investment income contributed $7.7M in Q4.
Shareholder Returns and Capital Allocation
Returned $43M to shareholders in fiscal 2026, raised quarterly dividend 33% to $0.50 per share (annualized $2), the third consecutive annual dividend increase, and increased buyback authorization to $150M (total repurchased ~$114M since Nov 2021).
Operational Execution — Major Project Milestones
Substantial completion of the 950 MW Trumbull Energy Center in Dec 2025 ahead of schedule; progress on multiple large combined-cycle projects (1.2 GW SLEC, 1.4 GW CPV, 860 MW, 700 MW) and renewable/biofuel projects including two in Ireland.
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 |
|---|---|---|---|
Mar 26, 2026 | $410.85 | $566.62 | +37.91% |
Dec 04, 2025 | $355.94 | $313.31 | -11.98% |
Sep 04, 2025 | $237.09 | $210.85 | -11.07% |
Jun 04, 2025 | $216.72 | $234.09 | +8.01% |
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 Jun 10, 2026, After Close (Confirmed).
What is Argan Inc (AGX) earnings time?
Argan Inc (AGX) earnings time is at Jun 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is AGX EPS forecast?
AGX EPS forecast for the fiscal quarter 2027 (Q1) is 2.31.