Argan AGX Contract Assets
Contract Assets at other companies
Other financials
Where this comes from
Reported directly by Argan in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.
The official record: Argan’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Argan's contract assets?
- Argan (AGX) reported contract assets of $36.92M in Q1 2026.
- How has Argan's contract assets changed year-over-year?
- Argan's contract assets increased by 21.6% year-over-year, from $30.36M to $36.92M.
- What is the long-term trend for Argan's contract assets?
- Over 5 years (2021 to 2026), Argan's contract assets has grown at a 10.3% compound annual growth rate (CAGR), from $26.64M to $43.4M.
- What does contract assets mean?
- Revenue recognized for work performed that has not yet been billed to the customer.
- How do you interpret contract assets?
- An increase indicates significant work-in-progress that has not yet been invoiced, which may impact near-term cash flow.
- How does contract assets compare across companies?
- Common in engineering and construction firms, where revenue recognition often precedes the formal billing schedule defined in project contracts.