AGX · May 15, 2026NYSEAGXCoverage Bootstrap

+13

WatchlistResearch report read

Interactive slide deck

AGX diligence lens

AGX: the power-plant builder now has a $2.9B backlog and a cash pile

Argan finished fiscal 2026 with record backlog, no debt and nearly $895 million of cash and investments. The AGX question is whether Power-heavy backlog converts into profitable revenue without project execution pain.

ClaimFilingCashCustomerConviction

Slide mode Article mode

Argan finished fiscal 2026 with record backlog, no debt and nearly $895 million of cash and investments. The AGX question is whether Power-heavy backlog converts into profitable revenue without project execution pain.

References

Sources used in this report

SEC datasetSEC company tickers exchange datasetRetrieved 2026-05-15 · Issuer identity, CIK, NYSE listing and AGX ticker cross-check.SEC APIArgan SEC submissions APIRetrieved 2026-05-15 · Filing chronology and latest filing status.SEC XBRL APISEC companyfacts APIRetrieved 2026-05-15 · XBRL-derived financial cross-checks.Annual reportFiscal 2026 Form 10-K2026-03-26 · Business description, reportable segments, customer concentration, contract balances, risk factors and audited financial statements.Earnings releaseFiscal 2026 results exhibit2026-03-26 · Fiscal 2026 revenue, margins, EBITDA, cash, investments, no-debt statement, backlog and management demand commentary.Capital return releaseApril 2026 repurchase and dividend release2026-04-08 · Expanded repurchase authorization, quarterly dividend and management commentary.Proxy statement2026 proxy statement2026-04-21 · Board, annual meeting and governance context.Government dataEIA Electric Power MonthlyRetrieved 2026-05-15 · Public-sector electricity market context.