secwatch.observer — SEC 8-K summary
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Issuer:     ARGAN INC (AGX)
CIK:        0000100591
Form:       8-K
Filed at:   2025-06-04T23:59:59+00:00
Accession:  0001558370-25-008396
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Argan Q1 FY2026 revenue up 23% to $193.7M, EPS $1.60, record backlog $1.9B
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- Revenue $193.7M (+23% YoY); net income $22.6M, diluted EPS $1.60 vs $0.58 prior year.
- Gross margin expanded to 19.0% from 11.4% (prior year included overseas project loss).
- EBITDA $30.3M vs $11.9M; cash & investments $546.5M, no debt.
- Record backlog $1.9B (up $495M from Jan 31); received full NTP for Sandow Lakes 1.2 GW gas plant.
- Quarterly dividend raised to $0.375/share from $0.300 (25% increase); share repurchases $8.4M in quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100591/000155837025008396/0001558370-25-008396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100591/000155837025008396/agx-20250604x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-008396

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