secwatch.observer — SEC 8-K summary
======================================

Issuer:     ARGAN INC (AGX)
CIK:        0000100591
Form:       8-K
Filed at:   2026-03-26T23:59:59+00:00
Accession:  0001104659-26-035201
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Argan posts record Q4 and FY2026 results; EPS $3.47 (Q4), $9.74 (FY); backlog doubles to $2.9B
--------------------------------------------------------------------------------

- Q4 revenue $262.1M (+12.7% YoY); net income $49.2M ($3.47 diluted EPS vs $2.22).
- FY2026 revenue $944.6M (+8.1%); net income $137.8M ($9.74 diluted EPS vs $6.15).
- Gross margin improved to 25.0% (Q4) and 20.5% (FY) from 20.5% and 16.1% respectively.
- Project backlog more than doubled to $2.9B from $1.4B; cash and investments $895M, no debt.
- Quarterly dividend raised to $0.50 per share (from $0.375); full year dividend $1.75.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100591/000110465926035201/0001104659-26-035201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100591/000110465926035201/agx-20260326x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-035201

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer