Argan (AGX) Q2 2027 Earnings

Yes. Argan reported Q2 2027 earnings of $3.76 a share on Sep 2, 2026, beating the $2.66 consensus estimate by 41.2%. Revenue was $384.0M against a $300.6M estimate.

Argan Inc. delivered a blowout fiscal second quarter for 2027, posting record revenue of $383.98 million, up 61.5% year over year, and GAAP diluted EPS of $3.76, beating the $2.66 consensus estimate by 41.20% and extending the company's streak of beating consensus EPS estimates to five consecutive quarters. Revenue also cleared Wall Street's $300.61 million estimate by 27.73%, as surging activity across all three business segments, led by the Power segment's 53% revenue growth to approximately $301.00 million, drove consolidated gross margin to 19.3% from 18.6% a year ago. Income from operations nearly doubled to $56.80 million, while a debt-free balance sheet holding $1.03 billion in cash and investments provided further confidence in execution. Looking ahead, Argan expects to complete a new fabrication facility next quarter to meet rising data center vessel demand, and management expressed optimism across all segments, backed by a project backlog of approximately $2.52 billion. Institutional interest has notably picked up alongside the strong results, though significant insider selling has drawn attention from market observers.