Every material Form 8-K Argan filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Argan reported results for the quarter ended October 31, 2025, its third quarter of fiscal 2026. Revenue fell $5.9 million, or 2.3%, from the prior-year quarter, which the company attributed to project timing and mix, while net income rose to $30.7 million, or $2.17 per diluted share, from $28.0 million, or $2.00 per share. Project backlog reached $3.0 billion, up from $1.4 billion at January 31, 2025.
Revenue was $251.2 million, down $5.9 million or 2.3% from $257.0 million a year earlier.
Net income was $30.7 million, or $2.17 per diluted share, versus $28.0 million, or $2.00 per diluted share, a year earlier.
Gross margin was 18.7%, up from 17.2%, mainly from improved margins in the Power Industry Services and Industrial Construction Services segments.
Cash, cash equivalents and investments were $726.8 million at October 31, 2025, and the company reported no debt.
Argan reported results for the quarter ended July 31, 2025. Revenue rose to $237.7 million from $227.0 million a year earlier, and net income more than doubled to $35.3 million, or $2.50 per diluted share, versus $18.2 million, or $1.31, in the prior-year quarter. Project backlog reached $1.95 billion, up from $1.36 billion at January 31, 2025, and the company reported no debt.
Revenue of $237.7 million, up $10.7 million or 4.7% from $227.0 million
Net income of $35.3 million, or $2.50 per diluted share, versus $18.2 million, or $1.31, a year earlier
Gross margin of 18.6% versus 13.7%, mainly from improved margins in the Power Industry Services segment
Project backlog of $1.953 billion at July 31, 2025, up from $1.361 billion at January 31, 2025
Argan reported results for the first quarter of fiscal 2026, ended April 30, 2025. Revenue rose 23% to $193.7 million, net income rose to $22.6 million from $7.9 million, and diluted EPS was $1.60 versus $0.58 a year earlier. Project backlog reached a record $1.9 billion, up from $1.36 billion at January 31, 2025, which the company said was driven by a full notice to proceed for the Sandow Lakes Power Station.
Revenue was $193.7 million, up $36.0 million or 23% from $157.7 million; gross margin was 19.0% versus 11.4%.
Net income was $22.6 million, or $1.60 per diluted share, compared with $7.9 million, or $0.58, a year earlier.
Project backlog was $1.856 billion at April 30, 2025, up from $1.361 billion at January 31, 2025.
Cash, cash equivalents and investments totaled $546.5 million, and the company reported no debt.
Argan, Inc. (NYSE: AGX) said its Board appointed Lisa Larroque Alexander as a director effective April 9, 2025, and she will serve on the Executive Committee and Responsible Business Committee. The filing says she will receive a prorated share of the $50,000 annual non-employee director retainer and an initial restricted stock unit grant with an award value of approximately $100,000, which is a board governance change rather than a change in operations.
Lisa Larroque Alexander appointed to the Board effective April 9, 2025
Non-employee director retainer of $50,000 per year, paid quarterly and prorated for 2025
Initial restricted stock unit grant with an award value of approximately $100,000
Alexander is Senior Vice President at Sempra (NYSE: SRE), overseeing corporate affairs and enterprise human resources
Argan reported fourth quarter and fiscal 2025 results for the period ended January 31, 2025. Quarterly revenue rose 41% to $232.5 million, and net income was $31.4 million, or $2.22 per diluted share, compared with $0.89 a year earlier. For the full year, revenue rose 52.5% to $874.2 million and net income was $85.5 million, or $6.15 per diluted share.
Q4 gross margin was 20.5%, up from 14.4% a year earlier; EBITDA was $39.3 million versus $17.6 million
Fiscal 2025 net income was $85.5 million, or $6.15 per diluted share, versus $32.4 million, or $2.39, in fiscal 2024
Project backlog was $1.4 billion at January 31, 2025, up from $757 million a year earlier; the company reported no debt
Quarterly cash dividend was $0.375 per share, up from $0.300 a year earlier
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Argan filing is on SEC EDGAR ↗. 8-K briefs of other companies →