Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.50 Per Common Share

ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.50 per share of common stock. The dividend will be payable on January 30, 2026, to stockholders of record at the close of business on January 22, 2026. David Watson, President and Chief Executive Officer of Argan commented, “Returning value to shareholders through our quarterly dividend remains a key tenet.

Business Wire • Dec 11, 2025

Argan, Inc.: Record Backlog Drives Continued Earnings Momentum

Argan, Inc. delivered strong margins and profitability despite a slight revenue dip, maintaining a BUY rating. AGX ended the quarter with a record $3 billion backlog, providing robust growth visibility into FY27 and beyond. The company boasts a debt-free balance sheet, $727 million in cash, and continues shareholder returns via dividends and buybacks.

Seeking Alpha • Dec 10, 2025

Argan: Q3 Volatility Sets Up A Compelling Opportunity

Q3 FY26 saw a 2.3% revenue decline as AGX's core segment faces temporary revenue softness due to project timing, but EBITDA margin expanded 140 bps year-on-year to 16%. A record $3B backlog and strong order flow position topline growth to re-accelerate as major projects ramp in FY26–FY27. Margin outlook remains solid, supported by disciplined execution and a mix of profitable contracts.

Seeking Alpha • Dec 10, 2025

Argan, Inc.: No Signs Of Structural Weakness

Argan, Inc. remains a buy, driven by a $3 billion backlog, accelerating power investment cycle, and robust balance sheet. AGX's Q3 2026 results show resilient margins and earnings despite a temporary revenue dip from project timing, not demand weakness. Backlog quality is high, anchored by large gas projects supporting multi-year revenue visibility and sustainable margin expansion.

Seeking Alpha • Dec 10, 2025

Argan: Expanding Backlog And The Power Demand Supercycle Support A Buy Rating

Argan, Inc. (AGX) is well-positioned to capitalize on surging power demand from AI, data centers, EVs, and reshoring trends. AGX boasts a $3B backlog, strong pricing power, and limited competition, supporting robust revenue and margin growth over the next 12–18 months. Despite a recent revenue dip from project timing, AGX's margin expansion and disciplined project selection underpin a buy rating.

Seeking Alpha • Dec 10, 2025

Argan: Q3 Revenue Dipped, But The Real Story Is Backlog And Strong Margins

Argan boasts a record $3B backlog, 94% power-focused, supporting long-term revenue confidence despite recent revenue softness. Gross margins reached 18.7% in Q3, with the YTD average at 18.8%, exceeding management's conservative 16%+ through-cycle benchmark. Balance sheet remains robust: $727M in cash/investments, zero debt, rising dividends, and a $150M repurchase plan signal capital return confidence.

Seeking Alpha • Dec 9, 2025

Why Argan Stock Plummeted by 12% Today

The industrial construction specialist unveiled its third-quarter results. It missed on revenue, but beat convincingly on net income.

The Motley Fool • Dec 5, 2025

Argan, Inc. (AGX) Q3 2026 Earnings Call Transcript

Argan, Inc. (AGX) Q3 2026 Earnings Call Transcript

Seeking Alpha • Dec 5, 2025

Argan, Inc. Reports Third Quarter Fiscal 2026 Results

ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its third quarter of fiscal year 2026 ended October 31, 2025. The Company will host an investor conference call today, December 4, 2025, at 5:00 p.m. ET.   Consolidated Financial Highlights ($ in thousands, except per share data)                           October 31,         For the Quarter Ended:   2025   2024   Change   Revenues   $ 251,153   $ 257,008   $ (5,855)   Gross.

Business Wire • Dec 4, 2025

Argan (AGX) Beats Q3 Earnings and Revenue Estimates

Argan (AGX) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $2 per share a year ago.

Zacks Investment Research • Dec 4, 2025