Argan (AGX) Q4 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Tue, June 2, 2026 astatine 11:33 AM CDT 26 min read

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DATE

Thursday, March 26, 2026 astatine 5 p.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — David Watson

• Chief Financial Officer — Joshua Baugher

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Full Conference Call Transcript

David Watson, Chief Executive Officer; and Josh Baugher, Chief Financial Officer. I'll instrumentality a infinitesimal to work the harmless harbor statement. Statements made during this league telephone and presented successful the presumption that are not based connected humanities facts are forward-looking statements. Such statements include, but are not constricted to, projections oregon statements of aboriginal goals and targets regarding the company's revenues and profits. These statements are taxable to known and chartless factors and risks.

The company's existent results, show oregon achievements whitethorn disagree materially from those expressed oregon implied by these forward-looking statements, and immoderate of the factors and risks that could origin oregon lend to specified worldly differences person been described successful this afternoon's property merchandise and successful Argan's filings with the U.S. Securities and Exchange Commission. These statements are based connected accusation and understandings that are believed to beryllium close arsenic of today, and we bash not undertake immoderate work to update specified forward-looking statements. Earlier this afternoon, the institution issued a property merchandise announcing its 4th fourth and afloat twelvemonth fiscal 2026 fiscal results and filed its corresponding Form 10-K study with the Securities and Exchange Commission. Okay.

I'll present crook the telephone implicit to David Watson, CEO of Argan. Please spell ahead, David.

David Watson: Thanks, Jennifer, and convey you, everyone, for joining today. I'll commencement by reviewing immoderate highlights of our operations and activities, and Josh Baugher, our CFO, volition spell implicit our fiscal results, and past we'll unfastened up the telephone for Q&A. Our 4th fourth continued the beardown execution we achieved crossed the institution passim fiscal 2026, resulting successful grounds apical and bottommost enactment show for some the 4th and the year. Josh volition supply the details of the 4th and afloat fiscal twelvemonth successful a moment. But successful summary, we had grounds gross of $262.1 cardinal successful the 4th fourth and grounds gross of $944.6 cardinal for fiscal 2026.

Fourth 4th gross borderline of 25% and afloat twelvemonth gross borderline of 20.5%. Record nett income of $49.2 cardinal oregon $3.47 per diluted stock successful the 4th fourth and grounds nett income of $137.8 cardinal oregon $9.74 per diluted stock for fiscal 2026. Record EBITDA of $56 cardinal oregon an EBITDA borderline of 21.4% for the 4th fourth and grounds EBITDA of $162.8 cardinal oregon an EBITDA borderline of 17.2% for fiscal 2026. During fiscal 2026, we added $2.5 cardinal successful caller declaration value, expanding our consolidated task backlog to much than $2.9 cardinal astatine the adjacent of the year. Our equilibrium expanse remains strong, and we generated important currency travel successful the 4th quarter.