Argan Q2 revenue jumps 61.5% to $384.0M on new gas-fired power projects

Filed September 2, 2026 · Period ending July 31, 2026 · Compared to 10-Q Sep 4, 2025 · ~1 min read

Key Changes

• high

  Revenue rose 61.5% to $384.0M and operating income climbed 89% to $56.8M, driven by two large Texas gas-fired power plant awards.

  MD&A: Revenue & Operating Income verify on EDGAR →
• high

  Net income increased 51.1% to $53.3M, with diluted EPS up 50.4% to $3.76.

  MD&A: Net Income verify on EDGAR →
• high

  Project backlog declined to $2.5B from $2.9B at fiscal year-end, but remains well above the $2.0B a year ago.

  MD&A: Backlog verify on EDGAR →