Argan Inc. Q3 project backlog rises to USD 3.0 billion, more than double previous level

Argan Inc. reported consolidated revenues of USD 251.2 million for the third quarter (Q3) ended October 31, 2025. For the nine months (9M) ended October 31, 2025, consolidated revenues were USD 682.6 million, reflecting a 6.4 percent increase. Gross profit for Q3 reached USD 46.9 million, representing 18.7 percent of consolidated revenues. For the nine-month period, gross profit rose to USD 128.1 million, or 18.8 percent of consolidated revenues, up from 14.6 percent in the previous year. Net income attributable to shareholders for Q3 was USD 30.7 million, or USD 2.17 per diluted share. For the nine-month period, net income attributable to shareholders was USD 88.6 million, or USD 6.27 per diluted share. EBITDA for Q3 was USD 40.3 million. For the nine-month period, EBITDA increased to USD 106.8 million. As of October 31, 2025, Argan Inc. reported a consolidated project backlog of approximately USD 3.0 billion and cash, cash equivalents, and investments totaling USD 726.8 million. The company reported no debt as of the same date. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Argan Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251204720589) on December 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)