Welcome to our dedicated page for Argan news (Ticker: AGX), a resource for investors and traders seeking the latest updates and insights on Argan stock.
Argan, Inc. reports developments tied to construction and related services for the power industry. The company focuses on engineering, procurement and construction services for natural gas-fired power plants and renewable energy facilities through Gemma Power Systems and Atlantic Projects Company, with additional industrial construction, fabrication, plant services and teledata infrastructure operations through The Roberts Company and SMC Infrastructure Solutions.
Recurring news includes quarterly and annual financial results, project awards and notices to proceed, consolidated project backlog updates, dividend declarations, share repurchase actions and demand commentary for power infrastructure construction.
Argan (NYSE:AGX) reported record Q1 FY2027 revenue of $291.0 million, up 50.2% year over year, with gross margin improving to 21.0%.
Net income was $46.1 million or $3.24 per diluted share, adjusted EBITDA reached $56.4 million, cash and investments were $973.6 million, and backlog was about $2.8 billion.
Argan (NYSE:AGX) plans to release its first quarter fiscal 2027 financial results after market close on Thursday, June 4, 2026. Management will host a webcast with slides and a conference call the same day at 5:00 p.m. ET.
Replay access is available by phone until June 18, 2026, and via webcast until June 4, 2027.
Argan (NYSE: AGX) increased its share repurchase authorization from $150 million to $200 million and extended the program through January 31, 2030. The Board also declared a regular quarterly cash dividend of $0.50 per common share, payable April 30, 2026 to holders of record April 22, 2026.
The company cited strong cash generation, a robust balance sheet and continued demand for its power infrastructure services as rationale for the actions and signaled focus on revenue growth and profitability into fiscal 2027 and beyond.
Argan (NYSE: AGX) reported record fourth quarter and fiscal 2026 results. Fiscal 2026 revenue was $944.6M (up 8.1% YoY) and net income was $137.8M (diluted EPS $9.74). Quarter revenue was $262.1M with net income $49.2M.
Cash, cash equivalents and investments totaled $895.0M, backlog rose to $2.9B, and the company had no debt. A conference call and webcast are scheduled March 26, 2026 at 5:00 p.m. ET.
Argan (NYSE: AGX) will release fourth quarter and fiscal year‑end 2026 results after market close on Thursday, March 26, 2026. Management will host a webcast with slides and a conference call the same day at 5:00 p.m. ET.
Dial‑in and replay details, including access codes and replay windows through April 9, 2026 (teleconference) and March 26, 2027 (webcast), are provided for investors and analysts.
S&P Dow Jones Indices announced index membership changes effective Mar 13 and Mar 23, 2026, moving multiple companies across the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600.
Notable moves: Vertiv (VRT), Lumentum (LITE), Coherent (COHR), EchoStar (SATS) are added to the S&P 500 on Mar 23, while Lamb Weston (LW) is removed from the S&P 500 and moved to the S&P SmallCap 600 on the same date.
Argan (NYSE: AGX) declared a regular quarterly cash dividend of $0.50 per common share. The dividend is payable on January 30, 2026 to shareholders of record at the close of business on January 22, 2026.
The announcement notes the $0.50 quarterly dividend represents an annualized $2.00 payout and follows a 33% increase implemented in September 2025; it is the company’s third dividend increase in three years. Management cited a robust demand environment and confidence in the project pipeline as rationale for returning value to shareholders.
Argan (NYSE: AGX) reported Q3 fiscal 2026 results for the quarter ended October 31, 2025, and recorded a project backlog of $3.0 billion. Consolidated Q3 revenues were $251.2M (down 2.3% year-over-year) with gross profit of $46.9M and gross margin of 18.7%. Q3 net income was $30.7M or $2.17 diluted EPS; quarter EBITDA was $40.3M. For the nine months, revenues were $682.6M, net income $88.6M (diluted EPS $6.27), and EBITDA $106.8M. Cash, cash equivalents and investments totaled $726.8M and the company reported no debt. The company increased its cash dividend to $0.50 per share for the quarter and will host an investor webcast on December 4, 2025.
Argan (NYSE: AGX) will release its third quarter fiscal 2026 results after the market closes on Thursday, December 4, 2025. Management will host a live webcast and conference call on December 4, 2025 at 5:00 p.m. ET with an accompanying slide presentation.
Live access: webcast link and phone dial-ins (Domestic: 888-506-0062; International: 973-528-0011; access code 510701). Teleconference replay available until December 18, 2025 (replay dial-ins: Domestic 877-481-4010, International 919-882-2331; replay code 53159). Webcast replay available until December 4, 2026.
Argan (NYSE: AGX) subsidiary Gemma Power Systems received full notice to proceed on an EPC contract with CPV for the 1,350 MW CPV Basin Ranch Energy Center in Ward County, Texas. The 2–1×1 combined-cycle plant will use GE 7HA.03 turbines and is being designed with an option for carbon capture. Construction is expected to begin this fall with a current scheduled completion in 2028. Gemma selected POWER Engineers for detailed engineering. The plant is projected to power the equivalent of 850,000 West Texas homes and support thousands of construction jobs.