Argan Inc (AGX) Financial Statements
Industry: Construction - Special Trade Contractors
In fiscal 2026, Argan reported revenue of $944.6M, up 8.1% from $874.2M the year before. Net income was $137.8M (a 14.6% net margin), or $9.74 per diluted share. Gross margin was 20.5% and operating margin was 14.3%. Operating activities generated $414.7M of cash, leaving $410.8M of free cash flow. At fiscal year end, Argan held $1.19B in total assets against $724.1M in total liabilities, including $339.5M of cash and equivalents.
Open the full interactive Argan financials → Quarterly statements, key ratios, valuation history and price charts.
Argan Key Stats
| Share Price | $388.10 |
|---|---|
| Market Cap | $5.50B |
| P/E Ratio | 39.8 |
| Revenue YoY Growth | +8.1% |
| 52-Week Range | $266.35 – $797.90 |
| Shares Outstanding | 14.0 million (basic, 2027 Q2) |
Argan Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $392.2M | $509.4M | $455.0M | $573.3M | $874.2M | $944.6M |
| Gross Profit | $62.1M | $99.7M | $86.4M | $80.8M | $141.0M | $193.7M |
| Operating Income | $23.0M | $44.5M | $41.7M | $36.5M | $88.2M | $134.7M |
| Pre-Tax Income | $24.9M | $47.1M | $46.0M | $48.9M | $111.2M | $160.5M |
| Income Tax | $1.1M | $11.4M | $11.3M | $16.6M | $25.7M | $22.7M |
| Net Income | $23.9M | $38.2M | $33.1M | $32.4M | $85.5M | $137.8M |
| Diluted EPS | $1.51 | $2.40 | $2.33 | $2.39 | $6.15 | $9.74 |
Argan Quarterly Results
| 2026 Q3 | 2026 Q4 | 2027 Q1 | 2027 Q2 | |
|---|---|---|---|---|
| Revenue | $251.2M | $262.1M | $291.0M | $384.0M |
| Net Income | $30.7M | $49.2M | $46.1M | $53.3M |
| Diluted EPS | $2.17 | $3.48 | $3.24 | $3.76 |
Argan Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $366.7M | $350.5M | $173.9M | $197.0M | $145.3M | $339.5M |
| Current Assets | $546.2M | $507.3M | $438.7M | $547.2M | $781.3M | $1.13B |
| Total Assets | $602.6M | $553.6M | $489.5M | $598.2M | $836.2M | $1.19B |
| Current Liabilities | $276.1M | $223.0M | $202.5M | $302.3M | $479.9M | $711.3M |
| Total Liabilities | $280.2M | $228.0M | $208.6M | $307.3M | $484.4M | $724.1M |
| Shareholders' Equity | $320.7M | $326.4M | $280.9M | $290.9M | $351.9M | $462.3M |
Argan Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $174.7M | $28.4M | -$30.1M | $116.9M | $167.6M | $414.7M |
| Cash From Investing | $68.3M | -$7.0M | -$63.1M | -$67.6M | -$193.6M | -$182.0M |
| Cash From Financing | -$45.4M | -$34.6M | -$82.8M | -$26.1M | -$26.1M | -$42.6M |
| Free Cash Flow | $173.0M | $27.0M | -$33.4M | $114.1M | $161.0M | $410.8M |
Figures from Argan's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Argan financials page for every line item.
Argan Company Profile
| Ticker | AGX |
|---|---|
| Exchange | NYSE |
| Industry | Construction - Special Trade Contractors |
| Headquarters | Arlington, Virginia |
| Incorporated in | Delaware |
| Fiscal Year End | January 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000100591 |
Frequently Asked Questions
What was Argan's revenue in fiscal 2026?
Argan (AGX) reported revenue of $944.6M for fiscal 2026.
What is Argan's annual revenue history?
Argan's annual revenue by fiscal year: 2021: $392.2M; 2022: $509.4M; 2023: $455.0M; 2024: $573.3M; 2025: $874.2M; 2026: $944.6M.
What was Argan's net income in fiscal 2026?
Argan reported net income of $137.8M for fiscal 2026.
What was Argan's earnings per share (EPS) in fiscal 2026?
Argan's diluted EPS was $9.74 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Argan generate in fiscal 2026?
Argan generated $410.8M of free cash flow in fiscal 2026.
What was Argan's revenue last quarter?
In its most recent reported quarter (2027 Q2), Argan reported revenue of $384.0M.
How many shares of Argan are outstanding?
Argan reported a weighted average of 14.0 million basic shares outstanding in 2027 Q2.
What is Argan's market cap?
Based on its latest closing price, Argan (AGX) has a market capitalization of about $5.50B.
When does Argan's fiscal year end?
Argan's fiscal year end, as registered with the SEC, is January 31.
Where is Argan headquartered?
Argan lists its business address in Arlington, Virginia in its SEC filings.