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Argan (AGX) gross margin by quarter

Argan's gross margin was 19.3% in Q2 FY27 (second quarter fiscal 2027), -1.7 pts from Q1 FY27. Over the last 7 quarters it ranged from 18.6% (Q2 FY26) to 25.0% (Q4 FY26).

Argan gross margin by quarterArgan gross margin by quarter20.5%Q4 FY2519.0%Q1 FY2618.6%Q2 FY2618.7%Q3 FY2625.0%Q4 FY2621.0%Q1 FY2719.3%Q2 FY27
QuarterGross marginQ/QY/Y
Q2 FY2719.3%-1.7 pts+0.7 pts
Q1 FY2721.0%-4.0 pts+2.0 pts
Q4 FY2625.0%+6.3 pts+4.6 pts
Q3 FY2618.7%+0.1 pts—
Q2 FY2618.6%-0.4 pts—
Q1 FY2619.0%-1.4 pts—
Q4 FY2520.5%——

Q2 FY27 at a glance

Argan, Q2 FY27: revenue $384M (+62% year over year), operating margin 14.8%, net earnings $53.3M, operating cash flow $97.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Argan's gross margin?

Argan's gross margin was 19.3% in Q2 FY27 (second quarter fiscal 2027), -1.7 pts from Q1 FY27.

How has Argan's gross margin changed?

Over the last 7 quarters it ranged from 18.6% (Q2 FY26) to 25.0% (Q4 FY26).

Q2 FY27 results → · How Argan makes money →