Filing Flows › Argan (AGX) › Q2 FY27 › vs Q2 FY26
Argan (AGX) Q2 FY27 vs Q2 FY26 (year over year)
Argan's revenue rose $146M (+62%) from $238M in Q2 FY26 to $384M in Q2 FY27. Gross margin 19.3% against 18.6% (+0.7 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 Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 19.3% | 18.6% | +0.7 pts |
| Operating margin | 14.8% | 12.6% | +2.2 pts |
| Net margin | 13.9% | 14.8% | -1.0 pts |
| Free cash flow margin | 23.9% | 13.8% | +10.0 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $384M | $238M | $146M | +62% |
| Gross profit | $74.2M | $44.3M | $30.0M | +68% |
| Cost of revenue | $310M | $193M | $116M | +60% |
| Other income, net | $10.1M | $5.6M | $4.5M | +81% |
| Operating profit | $56.8M | $30.1M | $26.8M | +89% |
| Operating expenses | $17.4M | $14.2M | $3.2M | +23% |
| Pre-tax earnings | $66.9M | $35.6M | $31.3M | +88% |
| Net earnings | $53.3M | $35.3M | $18.0M | +51% |
| Income tax | $13.6M | $361K | $13.2M | 38× |
| Depreciation & amortization | $720K | $589K | $131K | +22% |
| Share-based compensation | $2.4M | $2.3M | $100K | +4% |
| Working capital & other | $40.5M | −$3.6M | $44.1M | — |
| Operating cash flow | $97.0M | $34.6M | $62.4M | +180% |
| Free cash flow (OCF − capex) | $91.7M | $32.9M | $58.8M | +179% |
| Capital expenditures | $5.3M | $1.7M | $3.6M | +210% |
Questions
How much did Argan's revenue grow year over year in Q2 FY27?
Argan's revenue rose $146M (+62%) from $238M in Q2 FY26 to $384M in Q2 FY27. Gross margin 19.3% against 18.6% (+0.7 pts).