ARGAN INC Reports Record Q1 Fiscal 2027 Results with 50% Revenue Growth and 104% Net Income Increase
AGX has more than doubled off its 52-week low of $193.82.
Summary
ARGAN INC reported record first-quarter fiscal 2027 results, with revenue up 50.2% and net income more than doubling, driven by strong project execution and improved margins.
Key Events · Earnings and Guidance · AGX
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Record Q1 Fiscal 2027 Financials
ARGAN INC reported record first-quarter fiscal 2027 revenue of $291.0 million and diluted EPS of $3.24, representing significant year-over-year growth.
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Strong Revenue and EPS Growth
Revenue increased by 50.2% to $291.0 million, while net income surged by 104.3% to $46.1 million, and diluted EPS grew by 102.5% to $3.24 compared to the prior year quarter.
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Improved Profitability
Gross profit rose by 65.8% to $61.1 million, with the gross profit margin expanding to 21.0% from 19.0% in the same period last year, driven by project mix and strong execution.
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Healthy Cash Flow and Balance Sheet
Net cash provided by operating activities significantly increased to $113.4 million from $35.3 million year-over-year. Cash and cash equivalents ended the quarter at $355.8 million, up $16.3 million from the prior fiscal year-end.
Analysis · AGX · Real Estate & Construction
ARGAN INC delivered exceptional financial performance for the first quarter of fiscal 2027, significantly exceeding prior year results across key metrics. Revenue surged by 50.2%, net income more than doubled with a 104.3% increase, and diluted EPS grew by 102.5%. The company also improved its gross profit margin and generated substantial operating cash flow. While the headline figures were released in a concurrent 8-K, this 10-Q provides the full detailed financial statements, confirming the robust operational strength and healthy balance sheet. The strong performance comes amidst a period of significant insider selling, as noted in recent filings, which presents a contrasting signal to the company's otherwise positive financial trajectory.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 41.4% of the 440 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.46%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AGX was trading at $708.00 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $9.6B. The 52-week trading range was $193.82 to $748.50. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.