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Argan AGX Overseas Project — Billable Contracts Receivables

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Other financials

Income statement

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Revenue$291.0M+50.2%
Gross profit$61.1M+65.8%
Operating income$45.4M+86.5%
Net income$46.1M+104%
EPS (diluted)$3.24+102%

Balance sheet

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Cash & equivalents$355.8M+88.0%
Total debt$6.4M+20.6%
Total equity$473.5M+30.1%
Total assets$1.3B+62.4%

Cash flow

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Operating cash flow$113.4M+221%
CapEx$2.4M+516%
Free cash flow$111.0M+218%

Valuation

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Market cap$8.37B+169%
P/E51.9×+25.4×
P/S+4.7×

Profitability

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Gross margin20.9%+3.3pp
Operating margin14.9%+3.3pp
Net margin15.5%+4.5pp
FCF margin46.7%+27.1pp

Returns & leverage

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Return on equity38.5%+8.0pp
Debt / equity0.0×
Current ratio1.5×-0.2×

Where this comes from

Reported directly by Argan in its filing.

Tagged under the XBRL concept agx:BillableContractsReceivables.

The source filing: Argan’s 10-Q, filed June 4, 2026.

Filed
Jun 4, 2026, 4:20 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001104659-26-070536

Accounts receivable includes amounts that have been billed and amounts that are billable to customers. As of April 30, 2026 and January 31, 2026, there were billable amounts related to an overseas project in the total amounts of $25.1 million and $25.5 million, respectively, including the expected refund of the letter of credit draw identified in Note 9.

Cover / Front Matter

FAQ

What is Argan's overseas project — billable contracts receivables?
Argan (AGX) reported overseas project — billable contracts receivables of $25.1M in Q1 2026.
How has Argan's overseas project — billable contracts receivables changed year-over-year?
Argan's overseas project — billable contracts receivables increased by 0.4% year-over-year, from $25M to $25.1M.
What does overseas project — billable contracts receivables mean?
This metric represents the total value of outstanding invoices for engineering, procurement, and construction services rendered to international clients that have been billed but not yet collected. It serves as a measure of the credit risk and liquidity associated with the company's overseas project portfolio. High levels of these receivables may indicate potential delays in client payment cycles or challenges in international project cash flow management.

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