Argan Stock Jumps More Than 9% After Hours On Upbeat Q4 Earnings

• The year-over-year increase in revenue reflects strong performance across all of the company’s business segments.
• Argan reported net income of $49.2 million, or $3.47 per diluted share, compared to $31.4 million, or $2.22 per diluted share in the year-ago quarter.
• The profit also sailed past Wall Street projections of $1.98 per share, as per data from Stocktwits. 

Argan Inc. (AGX) stock rallied almost 9% during extended hours of trading on Thursday after it reported upbeat fourth-quarter (Q4) earnings, helped by strong segment performance. 

Argan’s consolidated revenues for the quarter ended Jan. 31, 2026, were $262.1 million, an increase of $29.6 million, or 12.7%, from consolidated revenues of $232.5 million reported for the comparable prior-year quarter. Wall Street projected revenue of $255.3 million, as per Stocktwits data. 

The year-over-year increase reflects higher revenues across all of the company’s business segments. In the power segment, revenues increased as recently awarded contracts progressed through the early stages of construction, generating revenues that were not present in the prior-year period, the company said.

“Our record fourth quarter performance capped a year of strong execution throughout fiscal 2026, driving record top and bottom-line performance for the full year,” said David Watson, President and CEO of Argan. 

“During the year, we added $2.5 billion in new contract value, increasing our consolidated project backlog to more than $2.9 billion at year-end, reflecting substantial growth across the entire Argan platform,” Watson added. 

Profit Figures

Argan reported net income of $49.2 million, or $3.47 per diluted share, compared to $31.4 million, or $2.22 per diluted share in the year-ago quarter. The profit also sailed past Wall Street projections of $1.98 per share, as per data from Stocktwits.

Argan’s consolidated gross profit was $65.6 million, or 25.0% of consolidated revenues versus $47.6 million, or 20.5% of consolidated revenues in the year-ago quarter. 

The increase from the comparable prior-year quarter is primarily due to improved gross profit margins for the power segment, reflecting strong project execution, including the early achievement of substantial completion at the Trumbull Energy Center, the company said. 

Retail Reaction

Retail sentiment around AGX stock trended in ‘bullish’ territory amid ‘extremely high’ message volume. 

Shares in the company have risen almost 30% so far this year.