Filing Flows › Argan (AGX) › Q2 FY27 › vs Q1 FY27
Argan (AGX) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Argan's revenue rose $93.0M (+32%) from $291M in Q1 FY27 to $384M in Q2 FY27. Gross margin 19.3% against 21.0% (-1.7 pts).
Argan, Q2 FY27: revenue $384M (+62% year over year), operating margin 14.8%, net earnings $53.3M, operating cash flow $97.0M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 19.3% | 21.0% | -1.7 pts |
| Operating margin | 14.8% | 15.6% | -0.8 pts |
| Net margin | 13.9% | 15.8% | -2.0 pts |
| Free cash flow margin | 23.9% | 38.1% | -14.2 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Revenue | $384M | $291M | $93.0M | +32% |
| Gross profit | $74.2M | $61.1M | $13.1M | +21% |
| Cost of revenue | $310M | $230M | $79.9M | +35% |
| Other income, net | $10.1M | $8.4M | $1.7M | +20% |
| Operating profit | $56.8M | $45.4M | $11.4M | +25% |
| Operating expenses | $17.4M | $15.7M | $1.7M | +11% |
| Pre-tax earnings | $66.9M | $53.8M | $13.1M | +24% |
| Net earnings | $53.3M | $46.1M | $7.2M | +16% |
| Income tax | $13.6M | $7.7M | $5.9M | +76% |
| Depreciation & amortization | $720K | $634K | $86K | +14% |
| Share-based compensation | $2.4M | $2.0M | $364K | +18% |
| Working capital & other | $40.5M | $64.7M | −$24.1M | -37% |
| Operating cash flow | $97.0M | $113M | −$16.4M | -14% |
| Free cash flow (OCF − capex) | $91.7M | $111M | −$19.2M | -17% |
| Capital expenditures | $5.3M | $2.4M | $2.8M | +116% |
Questions
How much did Argan's revenue grow quarter over quarter in Q2 FY27?
Argan's revenue rose $93.0M (+32%) from $291M in Q1 FY27 to $384M in Q2 FY27. Gross margin 19.3% against 21.0% (-1.7 pts).