About Argan, Inc.
https://www.arganinc.comArgan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets.

CEO
David Hibbert Watson CPA
Compensation Summary
(Year 2023)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2001-10-09 | Reverse | 1:15 |
| 1989-03-16 | Forward | 3:2 |
ETFs Holding This Stock

AIRR
Weight:0.00%
Shares:459.52K

VTS.AX
Weight:0.01%
Shares:407.56K

XSU.TO
Weight:0.15%
Shares:329.56K
Summary
Showing Top 3 of 152
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades
Grade Summary
Showing Top 3 of 3
Price Target
Institutional Ownership

BLACKROCK INC.
Shares:1.25M
Value:$395.95M

BLACKROCK, INC.
Shares:1.14M
Value:$363.79M

VANGUARD GROUP INC
Shares:824.41K
Value:$261.97M
Summary
Showing Top 3 of 447
About Argan, Inc.
https://www.arganinc.comArgan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2026 | $251.15M ▲ | $14.32M ▲ | $30.74M ▼ | 12.24% ▼ | $2.22 ▼ | $32.63M ▼ |
| Q2-2026 | $237.74M ▲ | $14.21M ▲ | $35.27M ▲ | 14.84% ▲ | $2.57 ▲ | $37.2M ▲ |
| Q1-2026 | $193.66M ▼ | $12.52M ▼ | $22.55M ▼ | 11.64% ▼ | $1.65 ▼ | $25.93M ▼ |
| Q4-2025 | $232.47M ▼ | $14.95M ▲ | $31.37M ▲ | 13.49% ▲ | $2.31 ▲ | $32.67M ▲ |
| Q3-2025 | $257.01M | $13.99M | $28.01M | 10.9% | $2.07 | $30.33M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2026 | $726.82M ▲ | $1.05B ▲ | $631.16M ▲ | $419.71M ▲ |
| Q2-2026 | $572.19M ▲ | $882.7M ▲ | $489.53M ▲ | $393.18M ▲ |
| Q1-2026 | $546.46M ▲ | $792.15M ▼ | $428.26M ▼ | $363.89M ▲ |
| Q4-2025 | $525.14M ▲ | $836.23M ▲ | $484.37M ▲ | $351.86M ▲ |
| Q3-2025 | $506.28M | $768.86M | $440.16M | $328.7M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2026 | $30.74M ▼ | $172.49M ▲ | $-37.14M ▲ | $-7.52M ▼ | $128.44M ▲ | $171.91M ▲ |
| Q2-2026 | $35.27M ▲ | $34.6M ▼ | $-39.17M ▼ | $-6.93M ▲ | $-11.4M ▼ | $32.91M ▼ |
| Q1-2026 | $22.55M ▼ | $35.29M ▼ | $24.92M ▲ | $-18M ▼ | $43.99M ▲ | $34.9M ▼ |
| Q4-2025 | $31.37M ▲ | $44.62M ▲ | $-66.77M ▲ | $-8.45M ▼ | $-30.09M ▲ | $43.26M ▲ |
| Q3-2025 | $28.01M | $31.78M | $-82.28M | $-6.93M | $-57.34M | $29.23M |
Revenue by Products
| Product | Q4-2025 | Q3-2026 | Q1-2026 | Q2-2026 |
|---|---|---|---|---|
Industrial Fabrication And Field Services | $30.00M ▲ | $50.00M ▲ | $30.00M ▼ | $40.00M ▲ |
Power Industry Services | $200.00M ▲ | $200.00M ▲ | $160.00M ▼ | $200.00M ▲ |
Telecommunications Infrastructure Services | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q4-2025 | Q1-2026 | Q2-2026 | Q3-2026 |
|---|---|---|---|---|
G B | $0 ▲ | $0 ▲ | $10.00M ▲ | $10.00M ▲ |
I E | $10.00M ▲ | $10.00M ▲ | $20.00M ▲ | $20.00M ▲ |
US | $220.00M ▲ | $180.00M ▼ | $210.00M ▲ | $220.00M ▲ |

CEO
David Hibbert Watson CPA
Compensation Summary
(Year 2023)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2001-10-09 | Reverse | 1:15 |
| 1989-03-16 | Forward | 3:2 |
ETFs Holding This Stock

AIRR
Weight:0.00%
Shares:459.52K

VTS.AX
Weight:0.01%
Shares:407.56K

XSU.TO
Weight:0.15%
Shares:329.56K
Summary
Showing Top 3 of 152
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades
Grade Summary
Showing Top 3 of 3
Price Target
Institutional Ownership

BLACKROCK INC.
Shares:1.25M
Value:$395.95M

BLACKROCK, INC.
Shares:1.14M
Value:$363.79M

VANGUARD GROUP INC
Shares:824.41K
Value:$261.97M
Summary
Showing Top 3 of 447




