Argan Inc (AGX)

Name: Argan Inc Financial Statements
Creator: Quarter Results

Industrials | Engineering Construction

Latest reporting period: 2026-01-31

Latest Quarter

2026-01-31

Revenue

$262M

Net Income

$49.2M

Operating Margin

18.2%

Free Cash Flow

$411M

Debt / Assets

61.0%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Argan Inc (AGX).
Income Statement (Quarterly)	2026-01-31	2025-10-31	2025-07-31	2025-04-30
Revenue	262,050,000	251,153,000	237,743,000	193,660,000
Cost of Revenue	196,451,000	204,204,000	193,476,000	156,797,000
Gross Profit	65,599,000	46,949,000	44,267,000	36,863,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	17,928,000	14,316,000	14,212,000	12,521,000
Operating Expenses	17,928,000	14,316,000	14,212,000	12,521,000
Operating Income	47,671,000	32,633,000	30,055,000	24,342,000
Interest Expense	0	0	0	0
Income Before Tax	55,393,000	39,694,000	35,636,000	29,786,000
Income Tax Expense	6,181,000	8,957,000	361,000	7,236,000
Net Income	49,212,000	30,737,000	35,275,000	22,550,000
Per Share
EPS	3.54	2.22	2.57	1.65
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Argan Inc (AGX).
Income Statement (Annual)	2026-01-31	2025-01-31	2024-01-31	2023-01-31	2022-01-31
Revenue	944,606,000	874,179,000	573,333,000	455,040,000	509,370,000
Cost of Revenue	750,928,000	733,190,000	492,499,000	368,679,000	409,638,000
Gross Profit	193,678,000	140,989,000	80,834,000	86,361,000	99,732,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	58,977,000	52,794,000	44,376,000	44,692,000	47,321,000
Operating Expenses	58,977,000	52,794,000	44,376,000	44,692,000	47,321,000
Operating Income	134,701,000	88,195,000	36,458,000	41,669,000	44,510,000
Interest Expense	0	0	0	0	10,712,000
Income Before Tax	160,509,000	111,204,000	48,933,000	46,000,000	47,062,000
Income Tax Expense	22,735,000	25,745,000	16,575,000	11,296,000	11,356,000
Net Income	137,774,000	85,459,000	32,358,000	33,098,000	38,244,000
Per Share
EPS	10.00	6.35	2.42	2.35	2.43
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Argan Inc (AGX).
Balance Sheet (Quarterly)	2026-01-31	2025-01-31	2024-01-31	2023-01-31
Assets
Cash and Cash Equivalents	339,481,000	145,263,000	197,032,000	173,947,000
Short Term Investments	555,500,000	379,874,000	215,373,000	151,511,000
Net Receivables	177,074,000	240,142,000	113,782,000	74,910,000
Inventory	0	320,000	9,985,000	11,903,000
Total Current Assets	1,132,257,000	781,300,000	547,179,000	438,702,000
Property Plant Equipment	24,614,000	24,516,000	18,541,000	16,454,000
Goodwill and Intangibles	29,483,000	29,859,000	30,250,000	30,642,000
Total Assets	1,186,354,000	836,227,000	598,229,000	489,487,000
Liabilities
Account Payables	107,540,000	97,297,000	39,485,000	56,375,000
Short Term Debt	2,516,000	2,710,000	2,726,000	1,567,000
Total Current Liabilities	711,257,000	479,857,000	302,260,000	202,503,000
Long Term Debt	3,871,000	0	0	0
Total Liabilities	724,092,000	484,370,000	307,290,000	208,590,000
Shareholders Equity
Retained Earnings	406,197,000	292,698,000	225,507,000	207,832,000
Total Shareholders Equity	462,262,000	351,857,000	290,939,000	280,897,000

Balance sheet annual history for Argan Inc (AGX).
Balance Sheet (Annual)	2026-01-31	2025-01-31	2024-01-31	2023-01-31	2022-01-31
Assets
Cash and Cash Equivalents	339,481,000	145,263,000	197,032,000	173,947,000	350,472,000
Short Term Investments	555,500,000	379,874,000	215,373,000	151,511,000	90,026,000
Net Receivables	177,074,000	240,142,000	113,782,000	74,910,000	31,882,000
Inventory	0	320,000	9,985,000	11,903,000	738,000
Total Current Assets	1,132,257,000	781,300,000	547,179,000	438,702,000	507,284,000
Property Plant Equipment	24,614,000	24,516,000	18,541,000	16,454,000	14,489,000
Goodwill and Intangibles	29,483,000	29,859,000	30,250,000	30,642,000	31,355,000
Total Assets	1,186,354,000	836,227,000	598,229,000	489,487,000	553,585,000
Liabilities
Account Payables	107,540,000	97,297,000	39,485,000	56,375,000	41,822,000
Short Term Debt	2,516,000	2,710,000	2,726,000	1,567,000	1,367,000
Total Current Liabilities	711,257,000	479,857,000	302,260,000	202,503,000	223,027,000
Long Term Debt	3,871,000	0	0	0	0
Total Liabilities	724,092,000	484,370,000	307,290,000	208,590,000	227,990,000
Shareholders Equity
Retained Earnings	406,197,000	292,698,000	225,507,000	207,832,000	188,690,000
Total Shareholders Equity	462,262,000	351,857,000	290,939,000	280,897,000	326,392,000

Cash flow quarterly history for Argan Inc (AGX).
Cash Flow Statement (Quarterly)	2026-01-31	2025-01-31	2024-01-31	2023-01-31
Operating Activities
Net Income	137,774,000	85,459,000	32,358,000	34,704,000
Depreciation & Amortization	1,912,000	5,660,000	2,405,000	3,715,000
Stock Based Compensation	7,867,000	4,460,000	4,455,000	3,958,000
Change in Working Capital	257,392,999	67,884,000	77,972,000	-69,011,000
Operating Cash Flow	414,718,000	167,584,000	116,858,000	-30,061,000
Investing Activities
Capital Expenditure	-3,877,000	-6,583,000	-2,756,000	-3,372,000
Investments	-3,877,000	-6,583,000	-2,756,000	-3,372,000
Investing Cash Flow	-182,020,000	-193,615,000	-67,607,000	-63,122,000
Financing Activities
Debt Repayment	0	0	0	-66,000
Common Stock Issued/Repurchased	-9,877,000	-1,524,000	-12,464,000	-68,170,000
Dividends Paid	-24,275,000	-18,268,000	-14,683,000	-13,956,000
Financing Cash Flow	-42,592,000	-26,060,000	-26,050,000	-82,803,000
Summary
Free Cash Flow	410,841,000	161,001,000	114,102,000	-33,433,000
Net Change in Cash	194,218,000	-51,769,000	23,085,000	-176,525,000

Cash flow annual history for Argan Inc (AGX).
Cash Flow Statement (Annual)	2026-01-31	2025-01-31	2024-01-31	2023-01-31	2022-01-31
Operating Activities
Net Income	137,774,000	85,459,000	32,358,000	34,704,000	35,706,000
Depreciation & Amortization	1,912,000	5,660,000	2,405,000	3,715,000	4,237,000
Stock Based Compensation	7,867,000	4,460,000	4,455,000	3,958,000	3,459,000
Change in Working Capital	257,392,999	67,884,000	77,972,000	-69,011,000	-28,876,000
Operating Cash Flow	414,718,000	167,584,000	116,858,000	-30,061,000	28,415,000
Investing Activities
Capital Expenditure	-3,877,000	-6,583,000	-2,756,000	-3,372,000	-1,422,000
Investments	-3,877,000	-6,583,000	-2,756,000	-3,372,000	-1,422,000
Investing Cash Flow	-182,020,000	-193,615,000	-67,607,000	-63,122,000	-7,038,000
Financing Activities
Debt Repayment	0	0	0	-66,000	-1,428,000
Common Stock Issued/Repurchased	-9,877,000	-1,524,000	-12,464,000	-68,170,000	-18,944,000
Dividends Paid	-24,275,000	-18,268,000	-14,683,000	-13,956,000	-15,664,000
Financing Cash Flow	-42,592,000	-26,060,000	-26,050,000	-82,803,000	-34,608,000
Summary
Free Cash Flow	410,841,000	161,001,000	114,102,000	-33,433,000	26,993,000
Net Change in Cash	194,218,000	-51,769,000	23,085,000	-176,525,000	-16,199,000