Filing Flows › Argan (AGX) › Q4 FY26
Argan (AGX) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 26, 2026
Argan (AGX) reported revenue of $262M for the fourth quarter fiscal 2026 (Q4 FY26), +13% from a year earlier and +4% from the quarter before. Operating margin was 18.2%, net earnings $49.2M (18.8% of revenue).
Argan, Q4 FY26: revenue $262M (+13% year over year), operating margin 18.2%, net earnings $49.2M, operating cash flow $172M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $262M | +4% | +13% |
| Gross profit | $65.6M | +40% | +38% |
| Operating profit | $47.7M | +46% | +46% |
| Net earnings | $49.2M | +60% | +57% |
| Operating cash flow | $172M | -0.1% | +286% |
| Free cash flow | $171M | -0.5% | +296% |
What changed
Revenue was $262.1M in Q4 FY26, up 13% year over year and up 4% from the previous quarter.
Gross margin was 25.0%, up 4.6 points from Q4 FY25. Operating profit was $47.7M, a 18.2% margin (up 4.1 points year over year). Of the extra revenue versus Q4 FY25, 51% reached operating profit, above the 14% margin then. Operating expenses grew 20% against revenue growth of 13%. Net earnings were $49.2M, up 57% year over year. The effective tax rate was 11.2%.
Operating cash flow was $172.3M (up 286% year over year), 350% of net earnings. Non-cash charges added back $583K of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $120.0M. Capital expenditures of $1.2M left free cash flow of $171.1M.
Questions
What was Argan's revenue in the fourth quarter fiscal 2026?
Argan (AGX) reported revenue of $262M for the fourth quarter fiscal 2026 (Q4 FY26), +13% from a year earlier and +4% from the quarter before.
Was Argan profitable in the fourth quarter fiscal 2026?
Operating profit was $47.7M (18.2% of revenue) and net earnings $49.2M.
Source: Argan 10-K on SEC EDGAR.