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Argan AGX Operating Income

Operating Income at other companies

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$226.2M
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$247.76M-3.8%
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$694.83M+87.6%
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$92M+1.1%
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Primoris ServicesPRIM
-$26.8M-121%
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CaterpillarCAT
$4.3B+50.2%

Segments

By segment

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Power Industry Services$44.35M+69.4%
Industrial Construction Services$4.91M+219%
Telecommunications Infrastructure Services-$506K-188%

Other financials

Income statement

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Revenue$291.0M+50.2%
Gross profit$61.1M+65.8%
Net income$46.1M+104%
EPS (diluted)$3.24+102%

Balance sheet

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Cash & equivalents$355.8M+88.0%
Total debt$6.4M+20.6%
Total equity$473.5M+30.1%
Total assets$1.3B+62.4%

Cash flow

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Operating cash flow$113.4M+221%
CapEx$2.4M+516%
Free cash flow$111.0M+218%

Valuation

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Market cap$8.66B+169%
P/E53.7×+26.2×
P/S8.3×+4.8×

Profitability

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Gross margin20.9%+3.3pp
Operating margin14.9%+3.3pp
Net margin15.5%+4.5pp
FCF margin46.7%+27.1pp

Returns & leverage

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Return on equity38.5%+8.0pp
Debt / equity0.0×
Current ratio1.5×-0.2×

Where this comes from

Reported directly by Argan in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Argan’s 10-Q, filed June 4, 2026.

Filed
Jun 4, 2026, 4:20 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001104659-26-070536
Line itemThree Months Ended / April 30, 2026Three Months Ended / April 30, 2025
Cost of revenues229,840156,797
GROSS PROFIT61,11436,863
Selling, general and administrative expenses15,71912,521
INCOME FROM OPERATIONS45,39524,342
Other income, net8,3745,444
INCOME BEFORE INCOME TAXES53,76929,786
Provision for income taxes7,7067,236
NET INCOME46,06322,550

Cover / Front Matter

FAQ

What is Argan's operating income?
Argan (AGX) reported operating income of $45.4M in Q1 2026.
How has Argan's operating income changed year-over-year?
Argan's operating income increased by 86.5% year-over-year, from $24.34M to $45.4M.
What is the long-term trend for Argan's operating income?
Over 4 years (2022 to 2026), Argan's operating income has grown at a 31.0% compound annual growth rate (CAGR), from $45.69M to $134.7M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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