Argan Q2 revenues up 61% to $227M; EPS $1.31 vs $0.94; backlog tops $1B

ARGAN INC

2025-Q2 EPS reported $1.90 vs consensus $1.10 ▲ beat (+72.6%)

Revenue $227M, up 61% YoY; net income $18.2M ($1.31 diluted EPS) vs $12.8M ($0.94)
EBITDA $24.8M, highest quarterly since 2017; backlog $1.035B, up $278M from Jan 2024
Quarterly dividend raised to $0.30 from $0.25; company debt-free with $485M cash/investments
Gemma Power and Roberts drove record results; renewable backlog stands at $570M
Gross margin fell to 13.7% from 16.8% on project mix; Kilroot losses hit six-month margin

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.