# Argan Inc: overview

AGX · NYSE · CIK 100591 · [Industrials](/sectors/industrials.md) · fiscal year ends Jan 31

Pages: [Overview](/companies/agx.md) · [Financials](/companies/agx/financials.md) · [Filings](/companies/agx/filings.md) · [Insiders](/companies/agx/insiders.md)

Latest reported revenue: [$384.0m](/filings/0001104659-26-104745.md) for Q2 FY2026, three months to 2026-07-31, from the 10-Q filed Sep 2, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001104659-26-104745).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-10-31) | Q4 FY2024 (2025-01-31) | Q1 FY2025 (2025-04-30) | Q2 FY2025 (2025-07-31) | Q3 FY2025 (2025-10-31) | Q4 FY2025 (2026-01-31) | Q1 FY2026 (2026-04-30) | Q2 FY2026 (2026-07-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [257](/filings/0001104659-25-118471.md) | [232 d](/filings/0001104659-26-035216.md) | [194](/filings/0001104659-26-070536.md) | [238](/filings/0001104659-26-104745.md) | [251](/filings/0001104659-25-118471.md) | [262 d](/filings/0001104659-26-035216.md) | [291](/filings/0001104659-26-070536.md) | [384](/filings/0001104659-26-104745.md) |
| Gross margin | % | [17.2%](/filings/0001104659-25-118471.md) | [20.5% d](/filings/0001104659-26-035216.md) | [19.0%](/filings/0001104659-26-070536.md) | [18.6%](/filings/0001104659-26-104745.md) | [18.7%](/filings/0001104659-25-118471.md) | [25.0% d](/filings/0001104659-26-035216.md) | [21.0%](/filings/0001104659-26-070536.md) | [19.3%](/filings/0001104659-26-104745.md) |
| Operating margin | % | [11.8%](/filings/0001104659-25-118471.md) | [14.1% d](/filings/0001104659-26-035216.md) | [12.6%](/filings/0001104659-26-070536.md) | [12.6%](/filings/0001104659-26-104745.md) | [13.0%](/filings/0001104659-25-118471.md) | [18.2% d](/filings/0001104659-26-035216.md) | [15.6%](/filings/0001104659-26-070536.md) | [14.8%](/filings/0001104659-26-104745.md) |
| Net margin | % | [10.9%](/filings/0001104659-25-118471.md) | [13.5% d](/filings/0001104659-26-035216.md) | [11.6%](/filings/0001104659-26-070536.md) | [14.8%](/filings/0001104659-26-104745.md) | [12.2%](/filings/0001104659-25-118471.md) | [18.8% d](/filings/0001104659-26-035216.md) | [15.8%](/filings/0001104659-26-070536.md) | [13.9%](/filings/0001104659-26-104745.md) |
| Diluted EPS | $ per share | [2.00](/filings/0001104659-25-118471.md) | not reported | [1.60](/filings/0001104659-26-070536.md) | [2.50](/filings/0001104659-26-104745.md) | [2.17](/filings/0001104659-25-118471.md) | not reported | [3.24](/filings/0001104659-26-070536.md) | [3.76](/filings/0001104659-26-104745.md) |
| Free cash flow | $m | [29.2 d](/filings/0001104659-25-118471.md) | [43.3 d](/filings/0001104659-26-035216.md) | [34.9](/filings/0001104659-26-070536.md) | [32.9 d](/filings/0001104659-26-104745.md) | [172 d](/filings/0001104659-25-118471.md) | [171 d](/filings/0001104659-26-035216.md) | [111](/filings/0001104659-26-070536.md) | [91.7 d](/filings/0001104659-26-104745.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2022-01-31) | FY2022 (2023-01-31) | FY2023 (2024-01-31) | FY2024 (2025-01-31) | FY2025 (2026-01-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [509](/filings/0001558370-24-004979.md) | [455](/filings/0001558370-25-003819.md) | [573](/filings/0001104659-26-035216.md) | [874](/filings/0001104659-26-035216.md) | [945](/filings/0001104659-26-035216.md) |
| Gross margin | % | [19.6%](/filings/0001558370-24-004979.md) | [19.0%](/filings/0001558370-25-003819.md) | [14.1%](/filings/0001104659-26-035216.md) | [16.1%](/filings/0001104659-26-035216.md) | [20.5%](/filings/0001104659-26-035216.md) |
| Operating margin | % | [8.7%](/filings/0001558370-24-004979.md) | [9.2%](/filings/0001558370-25-003819.md) | [6.4%](/filings/0001104659-26-035216.md) | [10.1%](/filings/0001104659-26-035216.md) | [14.3%](/filings/0001104659-26-035216.md) |
| Net margin | % | [7.5%](/filings/0001558370-24-004979.md) | [7.3%](/filings/0001558370-25-003819.md) | [5.6%](/filings/0001104659-26-035216.md) | [9.8%](/filings/0001104659-26-035216.md) | [14.6%](/filings/0001104659-26-035216.md) |
| Diluted EPS | $ per share | [2.40](/filings/0001558370-24-004979.md) | [2.33](/filings/0001558370-25-003819.md) | [2.39](/filings/0001104659-26-035216.md) | [6.15](/filings/0001104659-26-035216.md) | [9.74](/filings/0001104659-26-035216.md) |
| Free cash flow | $m | [27.0](/filings/0001558370-24-004979.md) | [(33.4)](/filings/0001558370-25-003819.md) | [114](/filings/0001104659-26-035216.md) | [161](/filings/0001104659-26-035216.md) | [411](/filings/0001104659-26-035216.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/agx/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.76bn | 2,209,112 |  | Added +85,813 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $621.3m | 778,042 |  | Added +260,418 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $602.4m | 754,403 |  | Reduced −36,950 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $517.8m | 648,379 |  | Added +37,480 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $475.0m | 594,781 |  | Added +7,315 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $434.6m | 544,200 |  | Added +26,544 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $404.2m | 506,133 |  | Added +46,830 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $357.7m | 447,983 |  | Added +26,335 |
| [LONE PINE CAPITAL LLC](/funds/1061165.md) | 2026-06-30 | $294.4m | 368,673 |  | Reduced −24,461 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $285.0m | 356,845 |  | Reduced −41,117 |

## Recent filings

[All 1,050 filings](/companies/agx/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-09 | 16:15 ET | [8-K](/filings/0001104659-26-106321.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-106321 |
| 2026-09-02 | 16:20 ET | [10-Q](/filings/0001104659-26-104745.md) | Quarterly report, period 2026-07-31 | 0001104659-26-104745 |
| 2026-09-02 | 16:10 ET | [8-K](/filings/0001104659-26-104735.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-104735 |
| 2026-08-04 | 16:20 ET | [8-K](/filings/0001104659-26-090398.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-090398 |
| 2026-06-10 | 16:20 ET | [8-K](/filings/0001104659-26-072358.md) | 5.07 Shareholder vote results; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-072358 |
| 2026-06-04 | 16:20 ET | [10-Q](/filings/0001104659-26-070536.md) | Quarterly report, period 2026-04-30 | 0001104659-26-070536 |
| 2026-06-04 | 16:10 ET | [8-K](/filings/0001104659-26-070517.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-070517 |
| 2026-04-21 | 16:06 ET | [DEF 14A](/filings/0001104659-26-045998.md) | Proxy statement, period 2026-06-10 | 0001104659-26-045998 |
| 2026-04-08 | 16:10 ET | [8-K](/filings/0001104659-26-040901.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-040901 |
| 2026-03-26 | 16:16 ET | [10-K](/filings/0001104659-26-035216.md) | Annual report, period 2026-01-31 | 0001104659-26-035216 |

## Latest annual report

[Form 10-K for the fiscal year ended Jan 31, 2026](/filings/0001104659-26-035216.md), filed Mar 26, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 100591
- Tickers: AGX
- Exchange: NYSE
- SIC code: 1700 Construction - Special Trade Contractors
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 11:11 ET. No prices; not investment advice.