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Argan (AGX) investor relations material
Argan Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investment highlights
Record Q1 FY27 revenue of $291M, up 50% year over year, with a gross margin of 21.0%.
Earnings per diluted share rose to $3.24 in Q1, an increase of $1.64 year over year.
Adjusted EBITDA reached $56.4M, representing 19.4% of revenue.
Project backlog stood at $2.8B at the end of Q1 FY27.
Cash and investments totaled $974M with net liquidity of $421M and no debt.
Business segments and growth drivers
Power segment contributed 78% of Q1 FY27 revenues, driven by electrification and infrastructure replacement.
Industrial segment accounted for 20%, benefiting from onshoring and diverse end markets.
Teledata segment made up 2%, with growth from increased demand for communications infrastructure.
Backlog and project pipeline
Backlog as of April 30, 2026, was $2.8B, fully committed and actively being worked on.
79% of backlog is natural gas projects, 13% renewable, and 8% industrial.
Major projects include large-scale power plants in Texas, a 405 MW solar project in Illinois, and biofuel plants in Ireland.
- Record net income, improved margins, and a $2.0B backlog highlight strong growth momentum.AGX
Q2 20265 Jun 2026 - Record revenue, strong margins, and robust backlog highlight exceptional quarterly performance.AGX
Q1 20275 Jun 2026 - Proxy seeks approval of directors, executive pay, and auditors amid record results and strong governance.AGX
Proxy filing21 Apr 2026 - Nine directors up for election, say-on-pay, and auditor ratification on 2026 meeting agenda.AGX
Proxy filing21 Apr 2026 - Record fiscal year with strong revenue, net income, and doubled project backlog.AGX
Q4 202626 Mar 2026 - Revenue up 52%, net income $7.9M, EBITDA $11.9M, and backlog at $824M with strong liquidity.AGX
Q1 20251 Feb 2026 - Q2 revenue up 61% to $227M, net income $18.2M, backlog $1.03B, cash $485M, no debt.AGX
Q2 202522 Jan 2026 - Q3 revenue up 57% to $257M, net income $28M, $800M backlog, dividend up 25%.AGX
Q3 202511 Jan 2026 - Record revenue, EPS, and $1.4B backlog highlight robust growth and industry demand.AGX
Q4 202526 Dec 2025
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