earnings
confidence high
sentiment positive
materiality 0.85
Argan Q2 EPS $2.50 beats prior year $1.31; revenue up 4.7% to $237.7M; record backlog $2B
ARGAN INC
2026-Q2 EPS reported
$4.09
revenue$431,403,000
- Q2 net income $35.3M, diluted EPS $2.50 (vs $1.31). Revenue $237.7M, up 4.7% YoY.
- Gross margin improved to 18.6% from 13.7%; EBITDA $36.2M (vs $24.8M).
- Record project backlog of $2.0B, up from $1.36B at Jan 31, 2025.
- Cash dividend increased to $0.375/share (up 25% from $0.30); no debt, cash & investments $572.2M.
- First fire achieved at Trumbull units; new EPC contract for 170 MW Platin Power Station in Ireland.