Filing Flows › Argan (AGX) › Q1 FY27 › vs Q4 FY26
Argan (AGX) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Argan's revenue rose $28.9M (+11%) from $262M in Q4 FY26 to $291M in Q1 FY27. Gross margin 21.0% against 25.0% (-4.0 pts).
Argan, Q1 FY27: revenue $291M (+50% year over year), operating margin 15.6%, net earnings $46.1M, operating cash flow $113M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 21.0% | 25.0% | -4.0 pts |
| Operating margin | 15.6% | 18.2% | -2.6 pts |
| Net margin | 15.8% | 18.8% | -2.9 pts |
| Free cash flow margin | 38.1% | 65.3% | -27.2 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $291M | $262M | $28.9M | +11% |
| Gross profit | $61.1M | $65.6M | −$4.5M | -7% |
| Cost of revenue | $230M | $196M | $33.4M | +17% |
| Other income, net | $8.4M | $7.7M | $652K | +8% |
| Operating profit | $45.4M | $47.7M | −$2.3M | -5% |
| Operating expenses | $15.7M | $17.9M | −$2.2M | -12% |
| Pre-tax earnings | $53.8M | $55.4M | −$1.6M | -3% |
| Net earnings | $46.1M | $49.2M | −$3.1M | -6% |
| Income tax | $7.7M | $6.2M | $1.5M | +25% |
| Depreciation & amortization | $634K | $583K | $51K | +9% |
| Share-based compensation | $2.0M | $2.6M | −$518K | -20% |
| Working capital & other | $64.7M | $120M | −$55.3M | -46% |
| Operating cash flow | $113M | $172M | −$58.9M | -34% |
| Free cash flow (OCF − capex) | $111M | $171M | −$60.2M | -35% |
| Capital expenditures | $2.4M | $1.2M | $1.2M | +102% |
Questions
How much did Argan's revenue grow quarter over quarter in Q1 FY27?
Argan's revenue rose $28.9M (+11%) from $262M in Q4 FY26 to $291M in Q1 FY27. Gross margin 21.0% against 25.0% (-4.0 pts).