---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-003812"
form_type: "8-K"
ticker: "AGX"
cik: "0000100591"
company_name: "ARGAN INC"
filed_at: "2025-03-27T23:59:59+00:00"
generated_at: "2026-05-24T03:33:57.357144+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Argan reports Q4 EPS $2.22, FY2025 revenue up 52.5%; backlog $1.4B, dividend raised

## Summary
- Q4 EPS $2.22 vs $0.89 prior year; net income $31.4M on revenue $232.5M (+41% YoY).
- FY2025 revenue $874.2M (+52.5%), net income $85.5M ($6.15 diluted EPS), EBITDA $113.5M.
- Backlog surged to $1.4B from $757M; post-quarter signed 1.2 GW Texas gas plant contract.
- Quarterly dividend raised to $0.375/share from $0.300; no debt, cash $525.1M.

## SEC filing metadata
- accession: 0001558370-25-003812
- form_type: 8-K
- ticker: AGX
- cik: 0000100591
- company_name: ARGAN INC
- filed_at: 2025-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100591/000155837025003812/0001558370-25-003812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100591/000155837025003812/agx-20250327x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-003812
- JSON: https://secwatch.observer/filing/0001558370-25-003812.json
- Plain text: https://secwatch.observer/filing/0001558370-25-003812.txt

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