secwatch.observer — SEC 8-K summary
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Issuer:     ARGAN INC (AGX)
CIK:        0000100591
Form:       8-K
Filed at:   2026-09-02T20:10:25+00:00
Accession:  0001104659-26-104735
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Argan posts record Q2 FY27 revenue of $384M, record net income of $53.3M, EPS of $3.76; dividend rises to $0.50
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- Revenue of $384.0M, up 61.5% YoY from $237.7M; gross margin expanded 70 bps to 19.3%.
- Net income hit record $53.3M vs $35.3M; diluted EPS of $3.76 vs $2.50 prior-year quarter.
- Quarterly cash dividend raised 33% to $0.50/share from $0.375/share.
- Six-month revenue $674.9M (up 56.5% YoY); net income $99.4M; EPS $7.01 vs $4.09.
- Project backlog fell to $2.518B from $2.929B at Jan 31, 2026; cash/investments rose to $1.028B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100591/000110465926104735/0001104659-26-104735-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100591/000110465926104735/agx-20260902x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-104735

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