ARGAN INC(AGX)— Stock Profile, AI Score & Financials
Industrials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
ARGAN INC (AGX) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores AGX at 81.4/100 on a 32-signal composite quality model, placing it at rank #19 of 2,961 stocks — the top 1% of the AI-ranked universe. AGX scores in the top quartile across balance sheet strength (93.6), free cash flow (93.5), institutional flow (93.3). Based on the latest XBRL financial filings (Q2 2026), ARGAN INC reports quarterly revenue of $384.0M, net income of $53.3M, an operating margin of 14.8%. Top institutional holders of AGX by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, FIRST ADVISORS, based on the most recent SEC filings. AGX trades on the NYSE exchange and files with the SEC under CIK 100591. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AGX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ARGAN INC directly from SEC EDGAR.
AI Quality Score
81.4/100
AI Rank
#19
Revenue
$384.0M
Net Income
$53.3M
Free Cash Flow
$91.7M
Operating Margin
14.8%
AGX key financials by period
ARGAN INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2026
10-K
$944.6M
$137.8M
14.3%
FY 2025
10-K
$874.2M
$85.5M
10.1%
FY 2024
10-K
$573.3M
$32.4M
6.4%
FY 2023
10-K
$455.0M
$33.1M
9.2%
FY 2022
10-K
$509.4M
$38.2M
8.7%
FY 2021
10-K
$392.2M
$23.9M
5.9%
Institutions holding AGX
Institutional investors reporting a position in ARGAN INC on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-09-02 — Q2 FY2027 (quarter ended July 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Argan's Q2 revenue surged 61.5% YoY to $384.0M, driven by power segment growth and industrial segment acceleration, with net income up 51.1% to $53.3M.
Biggest Revenue Drivers
Power$301.2M+52.9% YoY
Increased quarterly construction activities for 1.4 GW Thermal Project, 700 MW Combined-Cycle Project, 1.2 GW Power Station, and 860 MW Thermal Project.
Industrial$76.2M+111.2% YoY
Field services construction activities and vessel fabrication work increased substantially between periods.
Biggest Revenue Drivers
Total revenue: $384.0M+61.5% YoY
Power$301.2M+52.9% YoY
Increased quarterly construction activities for 1.4 GW Thermal Project, 700 MW Combined-Cycle Project, 1.2 GW Power Station, and 860 MW Thermal Project.
Industrial$76.2M+111.2% YoY
Field services construction activities and vessel fabrication work increased substantially between periods.
Teledata$6.6M+39.5% YoY
Segment provides project management, construction, installation, maintenance, repair, and emergency response services for power and data networks.
Largest Expense Items
Cost of revenues$309.8M+60.1% YoY
Increased primarily due to higher consolidated revenues; gross margin improved to 19.3% from 18.6% due to project mix and strong Power segment execution.
Selling, general and administrative expenses$17.4M+22.5% YoY
Represented 4.5% of consolidated revenues compared to 6.0% in prior year quarter.
Provision for income taxes$13.6M+3,663.4% YoY
Effective tax rate of 20.3% differed from 21% statutory rate due to favorable tax benefits from stock option exercises.
Margins: Gross profit margin improved to 19.3% from 18.6% YoY, driven by changing project mix and strong Power segment execution, partially offset by decreased performance in Industrial and Teledata segments. Operating income margin expanded significantly as SG&A expenses declined as a percentage of revenue to 4.5% from 6.0%.
Watch Items from the Filing
Four major Power customers represented 15%, 15%, 13%, and 13% of Q2 revenues; two Power customers represented 27% and 23% in prior year, indicating some customer concentration reduction but still elevated.
Industrial segment gross margin compressed to 7.3% in Q2 2026 from 12.5% in Q2 2025; filing notes decreased performance on certain Industrial and Teledata projects.
Company has $2.5B in remaining unsatisfied performance obligations as of July 31, 2026, with 48% expected to be recognized within next 12 months; subject to project delays, cancellations, and scope adjustments.
U.K. subsidiary in ongoing litigation related to overseas power project; customer made $9.8M letter-of-credit draw deemed improper by company; receivable included in accounts receivable with significant unresolved contract variations pending.
ValCor acquisition closed July 31, 2026 for $9.4M; contingent consideration may be owed over three years upon satisfaction of conditions; purchase price subject to post-closing adjustments.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
