10-Q quarterly report · filed Jun 4, 2026

ARGAN INC (AGX) Q2 2026 10-Q Quarterly Report

Short answer

ARGAN INC (AGX) filed its Q2 2026 10-Q quarterly report on Jun 4, 2026 for the quarter ended Apr 30, 2026. Quarterly revenue was $291M (up 50.2% year over year) with net income of $46M.

Q2 2026 key financials · XBRL

Revenue
$291M
+50.2% YoY
Net income
$46M
+104.3% YoY
Operating margin
15.6%
Gross margin
21.0%
EPS (diluted)
$3.24
+102.5% YoY

Source: XBRL data from the ARGAN INC (AGX) Q2 2026 10-Q on SEC EDGAR. USD.

ARGAN INC Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $291.0M, up 50.2% YoY from $193.7M
  • Gross margin 21.0% vs 19.0% YoY; operating margin 15.6% vs 12.6%
  • Best segment Industrial revenue $58.3M, up 99.8%; worst Teledata gross margin 11.0% vs 18.0%
  • Cash $355.8M, up $16.3M; operating cash flow $113.4M
  • Backlog $2.8B vs $2.9B; tariff uncertainty threatens project costs, timing, and demand

Risk Factors

  • No material changes to risk factors disclosed in the Annual Report
  • Share repurchase authorization increased $50 million to $200 million on April 8, 2026
  • Repurchases totaled 47,565 shares during the quarter, including 42,515 shares in April
  • April repurchases reduced remaining authorization to $84.663 million

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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