Risk factors
Argan (AGX) risk factors
Item 1A of every Argan Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors38 risks10 new13 dropped25 reworded
Power results now emphasize project timing, cost estimates, fixed-price exposure, and customer concentration, including 80.1% of Fiscal 2026 revenue.
Filed Mar 26, 2026 - FY2025 10-K risk factors41 risks
Argan relies heavily on large utility-scale natural gas and renewable EPC projects through its power industry segment. Fixed-price contracts and cost overruns present major operational risks for complex energy construction. Supply chain volatility, labor shortages, and regulatory hurdles threaten project margins and backlog realization.
Filed Mar 27, 2025