Argan (NYSE: AGX) Q1 2027 revenue jumps 50% with stronger margins and cash

Rhea-AI Filing Summary

Argan, Inc. reported a strong first quarter of fiscal 2027, delivering record revenue of $290.9 million, up 50.2% from the prior-year period. All operating segments contributed to the growth, led by increased construction activity in the Power segment.

Gross profit rose to $61.1 million with a gross margin of 21.0%, up from 19.0%. Net income more than doubled to $46.1 million, driving diluted earnings per share of $3.24 versus $1.60 a year earlier. Adjusted EBITDA increased to $56.4 million, reflecting a margin of 19.4%.

Argan ended April 30, 2026 with cash, cash equivalents and investments totaling $973.6 million, net liquidity of $421.4 million and no debt. Project backlog was approximately $2.8 billion, providing multi-year revenue visibility as the company invests in a new fabrication facility to support industrial and data center demand.

Positive

• Record growth and profitability: Revenue increased 50.2% to $290.9 million, gross margin improved to 21.0%, and net income more than doubled to $46.1 million, with Adjusted EBITDA rising to $56.4 million and a 19.4% margin.

Negative

• None.

Insights

Equity analyst

Argan posted very strong growth with record revenue, higher margins, and a debt-free, cash-rich balance sheet.

Argan delivered a notable step-up in scale, with revenue rising 50.2% to $290.9 million and net income more than doubling to $46.1 million. Margin expansion in the Power segment and strong execution across all businesses supported this performance.

Profitability quality improved, with gross margin reaching 21.0% and Adjusted EBITDA margin increasing to 19.4%. At the same time, the company maintained a robust balance sheet, holding $973.6 million in cash, cash equivalents and investments, net liquidity of $421.4 million, and no debt.

Backlog was approximately $2.8 billion, down modestly from $2.9 billion at January 31, 2026 but still substantial relative to quarterly revenue. Construction of a new fabrication facility in North Carolina, expected to complete in Q3 fiscal 2027, positions Argan for ongoing opportunities tied to data centers and industrial projects.

8-K Event Classification

2 items: 2.02, 9.01

2 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Revenue: $290.9M Gross margin: 21.0% Net income: $46.1M +5 more

8 metrics

Revenue $290.9M Quarter ended April 30, 2026; up 50.2% year over year

Gross margin 21.0% Quarter ended April 30, 2026; vs. 19.0% prior-year quarter

Net income $46.1M Quarter ended April 30, 2026; vs. $22.6M prior-year quarter

Diluted EPS $3.24 Quarter ended April 30, 2026; vs. $1.60 prior-year quarter

Adjusted EBITDA $56.4M Quarter ended April 30, 2026; margin 19.4%

Cash, cash equivalents and investments $973.6M As of April 30, 2026; up from $895.0M at January 31, 2026

Project backlog $2.8B As of April 30, 2026; vs. $2.9B at January 31, 2026

Cash dividend per share $0.500 Quarter ended April 30, 2026; vs. $0.375 prior-year quarter

Key Terms

Adjusted EBITDA, Adjusted EBITDA margin, project backlog, non-GAAP financial measures, +2 more

6 terms

Adjusted EBITDA financial

"Adjusted EBITDA for the quarter ended April 30, 2026 increased to 56,439"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

Adjusted EBITDA margin financial

"Adjusted EBITDA margin (1) was 19.4 % compared to 16.3 %"

Adjusted EBITDA margin shows how much profit a company makes from its core operations, expressed as a percentage of its total revenue, after removing certain one-time or unusual expenses and income. It helps investors understand the company's true earning ability from regular business activities, making it easier to compare performance over time or with other companies. Think of it as measuring the efficiency of a business in turning sales into profits, excluding irregular adjustments.

project backlog financial

"As of April 30, 2026, consolidated project backlog was approximately 2,8 billion"

A project backlog is a list of tasks or work that has been planned but not yet completed. It helps organizations organize and prioritize what needs to be done next, similar to a to-do list. For investors, a growing backlog can indicate future activity or progress, while a shrinking backlog may suggest work is being completed efficiently.

non-GAAP financial measures financial

"Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP financial measures"

Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.

net liquidity financial

"Balance sheet net liquidity was 421,419 at April 30, 2026"

Net liquidity is the amount of cash or easily accessible funds a person or organization has after subtracting any short-term debts or obligations. It shows how much money is truly available for spending, investing, or covering immediate needs. For investors, net liquidity indicates financial flexibility and stability, helping them assess how easily they can respond to opportunities or unexpected expenses.

forward-looking statements regulatory

"Certain matters discussed in this press release may constitute forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Earnings Snapshot

Revenue: $290.9M

Q1 fiscal 2027 (quarter ended April 30, 2026)

Revenue $290.9M +50.2% YoY

Gross margin 21.0% +2.0 percentage points YoY

Net income $46.1M up from $22.6M prior-year quarter

Diluted EPS $3.24 up from $1.60 prior-year quarter

Adjusted EBITDA $56.4M up from $31.5M prior-year quarter

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Understanding 8-K Material Events →

0000100591false00001005912026-06-042026-06-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

​

​

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of Earliest Event Reported): June 4, 2026

​

ARGAN, INC.

(Exact Name of Registrant as Specified in its Charter)

​	​	​	​	​
Delaware		001-31756		13-1947195
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

​	​	​
​	​	​
4075 Wilson Boulevard, Suite 440, Arlington, Virginia		22203
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (301) 315-0027

​

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

​	​
☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

​

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

​

Emerging growth company   ☐

​

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

​

​	​	​	​	​
Title of Each Class:	​	Trading Symbol(s):	​	Name of Each Exchange on Which Registered:
Common Stock, $0.15 Par Value	​	AGX	​	New York Stock Exchange

​

​

​

Item 2.02. Results of Operations and Financial Condition.

On June 4, 2026, Argan, Inc. (“Argan”) issued a press release announcing its financial results for the three months ended April 30, 2026. A copy of Argan’s press release is attached to this report as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d)Exhibits

Exhibit No.	​	Description
99.1	​	Press Release issued by Argan on June 4, 2026
104	​	Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

​

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				ARGAN, INC.
​	​		​		​
Date: June 4, 2026				By:		/s/ Joshua S. Baugher
						Joshua S. Baugher
						Senior Vice President, Chief Financial Officer and Treasurer

​

​

Exhibit 99.1

​

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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. The Company will host an investor conference call today, June 4, 2026, at 5:00 p.m. ET.

Consolidated Financial Highlights

($ in thousands, except per share data)

​	​	​	​	​	​	​	​	​	​	​
​	​	April 30,					​	​	​
For the Quarter Ended:	​ ​ ​	2026		​ ​ ​	2025		​ ​ ​	Change
Revenues	​	$	290,954	​	$	193,660	​	$	97,294	​
Gross profit	​	​	61,114	​	​	36,863	​	​	24,251	​
Gross margin %	​		21.0	%		19.0	%		2.0	%
Net income	​	$	46,063	​	$	22,550	​	$	23,513	​
Diluted earnings per share	​	​	3.24	​	​	1.60	​	​	1.64	​
Adjusted EBITDA(1)	​	​	56,439	​	​	31,487	​	​	24,952	​
Adjusted EBITDA margin(1)	​	​	19.4	%	​	16.3	%	​	3.1	%
Cash dividends per share	​	$	0.500	​	$	0.375	​	$	0.125	​

​

​	​	​	​	​	​	​	​	​	​	​
​	​ ​ ​	April 30,		​	January 31,		​ ​ ​	​	​
As of:	​	2026		​	2026		​	Change
Cash, cash equivalents and investments	​	$	973,555	​	$	894,981	​	$	78,574	​
Net liquidity(2)	​	​	421,419	​	​	421,000	​	​	419	​
Share repurchase treasury stock, at cost	​	​	134,969	​	​	114,361	​	​	20,608	​
Project backlog	​	​	2,767,000	​	​	2,929,000	​	​	(162,000)	​

​	​	​
(1)​	​	Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP financial measures. Please refer to “Non-GAAP Financial Measures.”
(2)​	​	Net liquidity, or working capital, is defined as total current assets less total current liabilities.

David Watson, President and Chief Executive Officer of Argan, commented, “We delivered a strong start to fiscal 2027 with record revenue of $291 million, gross margin of 21%, diluted earnings per share of $3.24, and adjusted EBITDA of $56.4 million.  Our first quarter results reflect exceptional execution across our business, with all three of our operating segments achieving significant revenue growth as compared to the first quarter of fiscal 2026.

“Our project pipeline remains robust, with heightened demand for our capabilities as the electrification of everything, the onshoring of domestic manufacturing, and the proliferation of data centers continue to create an urgent need for additional energy infrastructure.  Gas-fired plants remain the ideal solution for delivering the reliable, uninterrupted power needed, and only a limited number of firms are able to successfully execute these complex projects.  The robust demand environment, coupled with our proven track record, allows us a disciplined approach in choosing the right projects, in the right locations, with the right partners.

“Our industrial segment is also seeing increased demand, highlighted by a data center contract we were awarded in November 2025 for the fabrication of pressure vessels.  In support of this project and to better position us to address new opportunities, we have begun construction on a new fabrication facility in North Carolina, which we expect to complete during the third quarter of fiscal 2027.

“Argan remains very well positioned with the skill set, financial flexibility, industry relationships and longstanding customer base to capitalize on the current demand environment as we strengthen our leadership role as a partner of choice for the buildout of energy and industrial infrastructure.”

First Quarter Results

Consolidated revenues for the quarter ended April 30, 2026, were $291.0 million, an increase of $97.3 million, or 50.2%, from consolidated revenues of $193.7 million reported for the comparable prior-year quarter. The year-over-year increase reflects higher revenues across all of the Company’s business segments. In the Power segment, revenue growth was driven by the continued ramp-up of construction activities on recently awarded contracts.

For the quarter ended April 30, 2026, Argan's consolidated gross profit was $61.1 million, or 21.0% of consolidated revenues, compared to $36.9 million, or 19.0% of consolidated revenues, for the quarter ended April 30, 2025. The increase primarily reflects improved gross profit margins in the Power segment, driven by a shift in project and contract mix, strong project execution, and the achievement of substantial completion ahead of schedule on the final Midwest Solar and Battery Project.

Selling, general and administrative expenses were $15.7 million and $12.5 million for the three months ended April 30, 2026 and 2025, respectively, and represented 5.4% and 6.5% of corresponding consolidated revenues, respectively.

Other income, net, for the three months ended April 30, 2026 was $8.4 million, which primarily reflected investment income earned during the period.

For the quarter ended April 30, 2026, Argan achieved net income of $46.1 million, or $3.24 per diluted share, compared to $22.6 million, or $1.60 per diluted share, for last year’s first quarter. EBITDA for the quarter ended April 30, 2026 increased to $54.4 million compared to $30.3 million for the same quarter of last year. Adjusted EBITDA for the quarter ended April 30, 2026 increased to $56.4 million compared to $31.5 million for the same quarter of last year.

Argan continues to generate significant cash flow and increased its total balance of cash, cash equivalents and investments during the quarter. The total balances were $973.6 million and $895.0 million as of April 30, 2026 and January 31, 2026, respectively. Balance sheet net liquidity was $421.4 million at April 30, 2026 and $421.0 million at January 31, 2026; furthermore, the Company had no debt.

As of April 30, 2026, consolidated project backlog was approximately $2.8 billion, as compared to approximately $2.9 billion at January 31, 2026.

Conference Call and Webcast

Argan will host a conference call and webcast for investors today, June 4, 2026, at 5:00 p.m. ET.

Domestic stockholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011; all callers shall use access code: 208616.

The call and the accompanying slide deck will also be webcast at:

https://www.webcaster5.com/Webcast/Page/2961/54078

The conference call and slide deck may also be accessed via the Investor Center section of the Company’s website at https://arganinc.com/investor-center. Please allow extra time prior to the call to visit the site.

A replay of the teleconference will be available until June 18, 2026, and can be accessed by dialing 877-481-4010 (domestic) or 919-882-2331 (international). The replay access code is 54078. A replay of the webcast can be accessed until June 4, 2027.

About Argan

Argan’s primary business is providing a full range of construction and related services to the power industry. Argan’s service offerings focus on the engineering, procurement, and construction of natural gas-fired power plants and renewable energy facilities, along with related commissioning, maintenance, project development and technical consulting services, through its Gemma Power Systems and Atlantic Projects Company operations. Argan also owns The Roberts Company, which is a fully integrated industrial construction, fabrication and plant services company, and SMC Infrastructure Solutions, which provides teledata infrastructure services.

Non-GAAP Financial Measures

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States (“GAAP”). Within this press release, the Company makes reference to earnings before interest, taxes, depreciation and amortization (“EBITDA”), Adjusted EBITDA, and Adjusted EBITDA margin, each of which is a non-GAAP financial measure. The Company defines Adjusted EBITDA as EBITDA adjusted to exclude the impact of non-cash stock-based compensation expense. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by total revenues.

The Company believes these non-GAAP financial measures provide useful supplemental information to management and investors in evaluating the Company's operating performance because they exclude certain items that may not be indicative of the Company's core operating results or may affect comparability between periods or among companies with different capital structures, tax positions, depreciation policies, or equity compensation practices. Adjusted EBITDA and Adjusted EBITDA margin exclude stock-based compensation expense, a non-cash item that management believes impacts the comparability of operating results between reporting periods.

These non-GAAP financial measures should be considered in conjunction with, and not as substitutes for, the GAAP financial information presented in this press release. These measures have limitations as analytical tools because they exclude certain items, including interest, income tax expense, depreciation and amortization expense, and in the case of Adjusted EBITDA and Adjusted EBITDA margin, stock-based compensation expense. The methods used by the Company to calculate these non-GAAP financial measures may differ from methods used by other companies and, as a result, may not be comparable to similarly titled measures reported by other companies. Financial tables at the end of this press release provide reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures.

Safe Harbor Statement

Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws. Reference is hereby made to the cautionary statements made by the

Company with respect to risk factors set forth in its most recent reports on Form 10-K, Forms 10-Q and other SEC filings. The Company’s future financial performance is subject to risks and uncertainties including, but not limited to, the successful addition of new contracts to project backlog, the receipt of corresponding notices to proceed with contract activities, and the Company’s ability to successfully complete the projects that it obtains. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to the risk factors highlighted above and described regularly in the Company’s SEC filings.

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Company Contact:

David Watson

301.315.0027

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Investor Relations Contacts:

John Nesbett/Jennifer Belodeau

IMS Investor Relations

203.972.9200

argan@imsinvestorrelations.com

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Argan, Inc. and Subsidiaries

Condensed Consolidated Statements of Earnings

(In thousands, except per share data)

​

​	​	​	​	​	​	​
​	​	Three Months Ended
​	​	April 30,
​	​ ​ ​	2026		​ ​ ​	2025
​	​	(Unaudited)
REVENUES	​	$	290,954	​	$	193,660
Cost of revenues	​		229,840	​		156,797
GROSS PROFIT	​		61,114	​		36,863
Selling, general and administrative expenses	​		15,719	​		12,521
INCOME FROM OPERATIONS	​		45,395	​		24,342
Other income, net	​		8,374	​		5,444
INCOME BEFORE INCOME TAXES	​		53,769	​		29,786
Provision for income taxes	​		7,706	​		7,236
NET INCOME	​	​	46,063	​	​	22,550
​	​	​	​	​	​	​
OTHER COMPREHENSIVE INCOME, NET OF TAXES	​	​	​	​	​	​
Foreign currency translation adjustments	​		(541)	​	​	3,621
Net unrealized (losses) gains on available-for-sale securities	​	​	(2,659)	​	​	2,680
COMPREHENSIVE INCOME	​	$	42,863	​	$	28,851
​	​	​	​	​	​	​
EARNINGS PER SHARE	​		​	​		​
Basic	​	$	3.30	​	$	1.65
Diluted	​	$	3.24	​	$	1.60
​	​	​	​	​	​	​
WEIGHTED AVERAGE SHARES OUTSTANDING	​		​	​		​
Basic	​		13,959	​		13,628
Diluted	​		14,197	​		14,112
​	​	​	​	​	​	​
CASH DIVIDENDS PER SHARE	​	$	0.500	​	$	0.375

​

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Argan, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

(Dollars in thousands, except per share data)

​

​	​	​	​	​	​	​
​	​	April 30,		​	January 31,
​	​ ​ ​	2026		​ ​ ​	2026
​	​	(Unaudited)		​	​	​
ASSETS		​	​		​	​
CURRENT ASSETS		​	​		​	​
Cash and cash equivalents	​	$	355,847	​	$	339,481
Investments	​		617,708	​	​	555,500
Accounts receivable, net	​		130,808	​		133,677
Contract assets	​		36,917	​		43,397
Other current assets	​		74,828	​		60,202
TOTAL CURRENT ASSETS	​		1,216,108	​		1,132,257
Property, plant and equipment, net	​		18,271	​		16,596
Goodwill	​		28,033	​		28,033
Intangible assets, net	​		1,375	​	​	1,450
Deferred taxes, net	​	​	—	​	​	—
Right-of-use and other assets	​		22,651	​	​	8,018
TOTAL ASSETS	​	$	1,286,438	​	$	1,186,354
​	​	​	​	​	​	​
LIABILITIES AND STOCKHOLDERS’ EQUITY	​		​	​		​
CURRENT LIABILITIES	​		​	​		​
Accounts payable	​	$	123,850	​	$	107,540
Accrued expenses	​		105,065	​		89,748
Contract liabilities	​		565,774	​		513,969
TOTAL CURRENT LIABILITIES	​		794,689	​		711,257
Deferred taxes, net	​		4,907	​		6,555
Noncurrent liabilities	​		13,331	​	​	6,280
TOTAL LIABILITIES	​		812,927	​		724,092
​	​	​	​	​	​	​
STOCKHOLDERS’ EQUITY	​		​	​		​
Preferred stock, par value $0.10 per share – 500,000 shares authorized; no shares issued and outstanding	​		—	​		—
Common stock, par value $0.15 per share – 30,000,000 shares authorized; 15,828,289 shares issued; 14,020,427 and 13,950,712 shares outstanding at April 30, 2026 and January 31, 2026, respectively	​		2,374	​		2,374
Additional paid-in capital	​		163,233	​		167,234
Retained earnings	​		445,255	​		406,197
Treasury stock, at cost – 1,807,862 and 1,877,577 shares at April 30, 2026 and January 31, 2026, respectively	​	​	(134,969)	​	​	(114,361)
Accumulated other comprehensive (loss) income	​		(2,382)	​	​	818
TOTAL STOCKHOLDERS’ EQUITY	​		473,511	​		462,262
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	​	$	1,286,438	​	$	1,186,354

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Argan, Inc. and Subsidiaries

Adjusted EBITDA and Adjusted EBITDA Margin Reconciliations

(Dollars in thousands)

(Unaudited)

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​	​	​	​	​	​	​	​
​	​	Three Months Ended					​
​	​	April 30,					​
​	​ ​ ​	2026		​ ​ ​	2025		​
Revenues	​	$	290,954	​	$	193,660	​
​	​	​	​	​	​	​	​
Net income, as reported	​	$	46,063	​	$	22,550	​
Provision for income taxes	​		7,706	​		7,236	​
Depreciation	​		559	​		415	​
Amortization of intangible assets	​		75	​		98	​
EBITDA	​	​	54,403	​	​	30,299	​
Stock-based compensation expense	​	​	2,036	​	​	1,188	​
Adjusted EBITDA	​	$	56,439	​	$	31,487	​
Adjusted EBITDA margin	​	​	19.4	%	​	16.3	%

​

FAQ

How did Argan, Inc. (AGX) perform in its first quarter of fiscal 2027?

Argan reported strong first-quarter results with revenue of $290.9 million, up 50.2% year over year. Net income more than doubled to $46.1 million, supported by higher margins and broad-based growth across all operating segments.

What were Argan, Inc. (AGX) earnings per share for the quarter ended April 30, 2026?

Diluted earnings per share were $3.24 for the quarter ended April 30, 2026, up from $1.60 a year earlier. This reflects higher revenue, improved gross margin, and increased other income from investments, driving significantly stronger overall profitability.

How did Argan, Inc. (AGX) margins and Adjusted EBITDA trend in Q1 fiscal 2027?

Gross margin improved to 21.0% from 19.0%, and Adjusted EBITDA rose to $56.4 million with a 19.4% margin. The increase was driven mainly by stronger project mix and execution in the Power segment and higher revenues across all segments.

What is Argan, Inc. (AGX) project backlog as of April 30, 2026?

Project backlog was approximately $2.8 billion as of April 30, 2026, compared with about $2.9 billion at January 31, 2026. This substantial backlog provides multi-quarter visibility for future construction and related services revenue across Argan’s power and industrial businesses.

What does Argan, Inc. (AGX) cash and debt position look like after Q1 fiscal 2027?

Argan held $973.6 million in cash, cash equivalents and investments as of April 30, 2026, with net liquidity of $421.4 million and no debt. This strong balance sheet gives the company meaningful financial flexibility to pursue projects and capital investments.

Did Argan, Inc. (AGX) change its dividend in the first quarter of fiscal 2027?

Argan paid a cash dividend of $0.500 per share in the quarter, compared with $0.375 per share in the prior-year period. The higher dividend reflects increased earnings while the company maintains substantial cash resources and a debt-free capital structure.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 211.8 KB

Other Documents

• EX-101 EX-101.SCH 2.6 KB
• EX-101 EX-101.LAB 15.5 KB
• EX-101 EX-101.PRE 9.8 KB