Argan AGX Business Segments
| Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Industrial Construction Services | $58.3M+10.1% | $52.94M+7.3% | $49.36M+36.9% | $36.07M+23.6% | $29.18M-11.4% | |
| Power Industry Services | $226.67M+11.3% | $203.69M+4.2% | $195.51M-0.7% | $196.95M+22.8% | $160.36M-18.6% | |
| Telecommunications Infrastructure Services | $5.98M+10.4% | $5.42M-13.8% | $6.29M+32.9% | $4.73M+14.8% | $4.12M+57.6% | |
| Other Nonoperating Income Expense by Business | ||||||
| Industrial Construction Services | $26K-13.3% | $30K— | —— | $1K— | —— | |
| Power Industry Services | $7.85M+24.4% | $6.31M+7.0% | $5.9M+33.4% | $4.42M+1.1% | $4.37M-12.1% | |
| Telecommunications Infrastructure Services | -$3K— | —— | $11K0.0% | $11K-65.6% | $32K+357% | |
| Operating Income by Business | ||||||
| Industrial Construction Services | $4.91M+27.2% | $3.86M-23.1% | $5.02M+87.1% | $2.69M+74.5% | $1.54M-58.8% | |
| Power Industry Services | $44.35M-8.2% | $48.3M+57.5% | $30.66M-0.6% | $30.83M+17.8% | $26.18M-20.4% | |
| Telecommunications Infrastructure Services | -$506K— | —— | $409K+61.7% | $253K+244% | -$176K— | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Industrial Construction Services | $4.94M+26.9% | $3.89M-22.5% | $5.02M+87.0% | $2.69M+74.5% | $1.54M-58.6% | |
| Power Industry Services | 5,220,400,000%-241,400,000pp | 5,461,800,000%+1,805,400,000pp | 3,656,400,000%+130,800,000pp | 3,525,600,000%+470,000,000pp | 3,055,600,000%-732,300,000pp | |
| Telecommunications Infrastructure Services | -50,900,000%— | —— | 42,000,000%+15,600,000pp | 26,400,000%+40,800,000pp | -14,400,000%— | |
| Cost Of Revenue by Business | ||||||
| Industrial Construction Services | $51.43M+9.1% | $47.15M+10.9% | $42.51M+34.8% | $31.54M+21.2% | $26.03M-5.3% | |
| Power Industry Services | $173.09M+19.7% | $144.66M-7.7% | $156.75M-1.0% | $158.37M+24.3% | $127.39M-17.8% | |
| Telecommunications Infrastructure Services | $5.33M+14.6% | $4.65M-6.1% | $4.95M+38.9% | $3.56M+5.5% | $3.38M+46.0% | |
| Gross Profit by Business | ||||||
| Industrial Construction Services | $6.88M+18.6% | $5.8M-15.4% | $6.86M+51.6% | $4.52M+43.5% | $3.15M-42.2% | |
| Power Industry Services | $53.58M-9.2% | $59.03M+52.3% | $38.76M+0.5% | $38.58M+17.0% | $32.97M-21.2% | |
| Telecommunications Infrastructure Services | $656K-14.8% | $770K-42.3% | $1.33M+14.4% | $1.17M+57.1% | $742K+147% | |
| Selling General And Administrative Expense by Business | ||||||
| Industrial Construction Services | $1.96M+1.6% | $1.93M+5.5% | $1.83M-0.3% | $1.84M+14.0% | $1.61M-6.4% | |
| Power Industry Services | $9.23M-14.0% | $10.73M+32.5% | $8.1M+4.5% | $7.74M+14.1% | $6.79M-24.2% | |
| Telecommunications Infrastructure Services | $1.16M+13.3% | $1.03M+10.9% | $925K+1.3% | $913K-0.5% | $918K+0.5% | |
| Total Assets by Business | ||||||
| Industrial Construction Services | $108.69M+12.9% | $96.26M+0.8% | $95.45M+39.7% | $68.34M+15.8% | $59M-4.9% | |
| Power Industry Services | $988.38M+9.4% | $903.69M+18.4% | $763.31M+10.5% | $690.65M+19.6% | $577.69M-11.2% | |
| Telecommunications Infrastructure Services | $8.8M+2.4% | $8.6M-10.1% | $9.56M+30.1% | $7.35M-15.2% | $8.67M+36.8% | |
| Assets Current by Business | ||||||
| Industrial Construction Services | $92.32M+15.0% | $80.25M+1.2% | $79.33M+52.4% | $52.06M+20.7% | $43.15M-6.2% | |
| Power Industry Services | $938.09M+7.9% | $869.44M+19.2% | $729.49M+11.1% | $656.37M+20.9% | $542.99M-12.0% | |
| Telecommunications Infrastructure Services | $5.76M+5.8% | $5.44M-16.7% | $6.53M+36.9% | $4.77M-19.9% | $5.96M+55.5% | |
| Liabilities Current by Business | ||||||
| Industrial Construction Services | $77.7M+4.0% | $74.73M+53.8% | $48.6M+81.6% | $26.76M+40.1% | $19.1M+18.4% | |
| Power Industry Services | $709.55M+12.8% | $629.22M+11.5% | $564.19M+24.9% | $451.6M+13.3% | $398.61M-13.2% | |
| Telecommunications Infrastructure Services | $5.15M+9.0% | $4.73M-9.9% | $5.25M+32.5% | $3.96M+0.1% | $3.96M+86.3% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Industrial Construction Services | $628K+1,432% | $41K-69.2% | $133K-82.3% | $753K+6,175% | $12K-14.3% | |
| Power Industry Services | $1.81M+65.9% | $1.09M+193% | $371K-59.4% | $914K+325% | $215K-83.0% | |
| Goodwill by Business | ||||||
| Industrial Construction Services | $9.47M0.0% | $9.47M0.0% | $9.47M0.0% | $9.47M0.0% | $9.47M0.0% | |
| Power Industry Services | $18.5M0.0% | $18.5M0.0% | $18.5M0.0% | $18.5M+0.1% | $18.48M0.0% | |
| Telecommunications Infrastructure Services | $90K0.0% | $90K0.0% | $90K0.0% | $90K0.0% | $90K0.0% | |
| Depreciation by Business | ||||||
| Industrial Construction Services | $152K+7.0% | $142K-2.1% | $145K-11.0% | $163K+1.9% | $160K-10.1% | |
| Power Industry Services | $328K+15.9% | $283K+6.0% | $267K+19.7% | $223K+39.4% | $160K-34.2% | |
| Telecommunications Infrastructure Services | $76K+4.1% | $73K-18.9% | $90K-6.3% | $96K+4.3% | $92K-14.0% | |
| Concentration Risk % by Product | ||||||
| Industrial Construction Services | 20%+19.1pp | 0.9%-18.8pp | 19.7%+4.5pp | 15.2%+0.1pp | 15.1%— | |
| Power Industry Services | 77.9%— | —— | 77.8%-5.0pp | 82.8%0.0pp | 82.8%+80.8pp | |
| Telecommunication Infrastructure Services | 2.1%— | —— | 2.5%+0.5pp | 2%-0.1pp | 2.1%— | |
| Revenue by Geography | ||||||
| GB | $12.96M+40.8% | $9.2M-0.1% | $9.21M+46.1% | $6.3M+136% | $2.67M+138% | |
| IE | $24.14M+30.0% | $18.57M-3.8% | $19.3M+11.9% | $17.24M+74.4% | $9.89M+35.1% | |
| US | $253.85M+8.4% | $234.27M+5.2% | $222.64M+3.9% | $214.2M+18.3% | $181.11M-19.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Argan break its business down?
- Argan (AGX) reports revenue by business across 3 parts — Industrial Construction Services, Power Industry Services and Telecommunications Infrastructure Services. Each is extracted from the segment footnotes and tracked over time.
- Where does Argan's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Argan's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
