---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-070517"
form_type: "8-K"
ticker: "AGX"
cik: "0000100591"
company_name: "ARGAN INC"
filed_at: "2026-06-04T20:10:12+00:00"
generated_at: "2026-06-04T20:42:22.381131+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Argan Q1 FY2027: Record revenue $291M, net income $46.1M, EPS $3.24, dividend raised to $0.50

## Summary
- Revenue of $290.95M, up 50% YoY from $193.66M; gross margin improved to 21.0% from 19.0%.
- Diluted EPS of $3.24 versus $1.60 in prior-year quarter; net income $46.06M more than doubled.
- Adjusted EBITDA of $56.44M (19.4% margin) compared to $31.49M (16.3%) a year ago.
- Quarterly cash dividend increased to $0.50 per share from $0.375, a 33% increase.
- Project backlog of $2.77B, down $162M from $2.93B at year-end; share repurchases added $20.6M in treasury stock.

## SEC filing metadata
- accession: 0001104659-26-070517
- form_type: 8-K
- ticker: AGX
- cik: 0000100591
- company_name: ARGAN INC
- filed_at: 2026-06-04T20:10:12+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100591/000110465926070517/0001104659-26-070517-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100591/000110465926070517/agx-20260604x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-070517
- JSON: https://secwatch.observer/filing/0001104659-26-070517.json
- Plain text: https://secwatch.observer/filing/0001104659-26-070517.txt

## Key facts
- Earnings Releases
  ARGAN INC reported first quarter of fiscal year 2027 ended April 30, 2026 results: revenue $291.0 Million, net income $46,063, EPS $3.24.
  - Period: first quarter of fiscal year 2027 ended April 30, 2026
  - Revenue: $291.0 Million
  - Net income: $46,063
  - EPS: $3.24
  - Result: reported results
  source text: Argan, Inc. Reports First Quarter Fiscal 2027 Results Record Revenue of $291.0 Million; Backlog of $2.8 Billion June 4, 2026 – ARLINGTON, VA – Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its first quarter of fiscal year 2027 ended April 30, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/100591/000110465926070517/0001104659-26-070517-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.