Argan AGX Business Segments
| Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Industrial Construction Services | $58.3M+99.8% | $52.94M+60.7% | $49.36M+19.4% | $36.07M-27.3% | $29.18M-33.2% | |
| Power Industry Services | $226.67M+41.4% | $203.69M+3.4% | $195.51M-7.8% | $196.95M+13.3% | $160.36M+45.4% | |
| Telecommunications Infrastructure Services | $5.98M+45.2% | $5.42M+107% | $6.29M+75.8% | $4.73M+30.9% | $4.12M+10.8% | |
| Other Nonoperating Income Expense by Business | ||||||
| Industrial Construction Services | $26K— | $30K+288% | —— | $1K— | —— | |
| Power Industry Services | $7.85M+79.6% | $6.31M+26.9% | $5.9M+5.0% | $4.42M-6.1% | $4.37M+7.7% | |
| Telecommunications Infrastructure Services | -$3K-109% | —— | $11K+1,200% | $11K+267% | $32K— | |
| Operating Income by Business | ||||||
| Industrial Construction Services | $4.91M+219% | $3.86M+3.6% | $5.02M+83.9% | $2.69M-40.0% | $1.54M-61.0% | |
| Power Industry Services | $44.35M+69.4% | $48.3M+46.8% | $30.66M+1.0% | $30.83M+88.8% | $26.18M+409% | |
| Telecommunications Infrastructure Services | -$506K-188% | —— | $409K+78.6% | $253K-45.8% | -$176K-173% | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Industrial Construction Services | $4.94M+221% | $3.89M+4.8% | $5.02M+83.8% | $2.69M-40.0% | $1.54M-61.0% | |
| Power Industry Services | 5,220,400,000%+2,164,800,000pp | 5,461,800,000%+1,673,900,000pp | 3,656,400,000%+59,900,000pp | 3,525,600,000%+1,421,400,000pp | 3,055,600,000%+2,134,900,000pp | |
| Telecommunications Infrastructure Services | -50,900,000%-36,500,000pp | —— | 42,000,000%+19,200,000pp | 26,400,000%-20,600,000pp | -14,400,000%-38,400,000pp | |
| Cost Of Revenue by Business | ||||||
| Industrial Construction Services | $51.43M+97.5% | $47.15M+71.5% | $42.51M+15.6% | $31.54M-27.0% | $26.03M-31.3% | |
| Power Industry Services | $173.09M+35.9% | $144.66M-6.7% | $156.75M-9.5% | $158.37M+5.4% | $127.39M+28.7% | |
| Telecommunications Infrastructure Services | $5.33M+57.7% | $4.65M+101% | $4.95M+87.5% | $3.56M+43.9% | $3.38M+17.8% | |
| Gross Profit by Business | ||||||
| Industrial Construction Services | $6.88M+118% | $5.8M+6.3% | $6.86M+49.7% | $4.52M-29.8% | $3.15M-45.9% | |
| Power Industry Services | $53.58M+62.5% | $59.03M+41.0% | $38.76M-0.1% | $38.58M+64.0% | $32.97M+192% | |
| Telecommunications Infrastructure Services | $656K-11.6% | $770K+156% | $1.33M+42.8% | $1.17M+2.6% | $742K-12.7% | |
| Selling General And Administrative Expense by Business | ||||||
| Industrial Construction Services | $1.96M+21.8% | $1.93M+12.3% | $1.83M-0.9% | $1.84M-6.5% | $1.61M-13.9% | |
| Power Industry Services | $9.23M+36.0% | $10.73M+19.8% | $8.1M-4.4% | $7.74M+7.7% | $6.79M+10.7% | |
| Telecommunications Infrastructure Services | $1.16M+26.6% | $1.03M+12.4% | $925K+31.2% | $913K+36.5% | $918K+50.5% | |
| Total Assets by Business | ||||||
| Industrial Construction Services | $108.69M+84.2% | $96.26M+55.2% | $95.45M+42.1% | $68.34M-4.8% | $59M-16.7% | |
| Power Industry Services | $988.38M+71.1% | $903.69M+38.9% | $763.31M+33.3% | $690.65M+36.4% | $577.69M+30.1% | |
| Telecommunications Infrastructure Services | $8.8M+1.5% | $8.6M+35.6% | $9.56M+43.3% | $7.35M+4.4% | $8.67M+33.1% | |
| Assets Current by Business | ||||||
| Industrial Construction Services | $92.32M+114% | $80.25M+74.5% | $79.33M+57.7% | $52.06M-5.6% | $43.15M-20.3% | |
| Power Industry Services | $938.09M+72.8% | $869.44M+40.9% | $729.49M+34.5% | $656.37M+37.6% | $542.99M+30.5% | |
| Telecommunications Infrastructure Services | $5.76M-3.3% | $5.44M+42.0% | $6.53M+54.2% | $4.77M+8.3% | $5.96M+54.9% | |
| Liabilities Current by Business | ||||||
| Industrial Construction Services | $77.7M+307% | $74.73M+363% | $48.6M+135% | $26.76M-3.8% | $19.1M-35.6% | |
| Power Industry Services | $709.55M+78.0% | $629.22M+37.1% | $564.19M+37.0% | $451.6M+17.5% | $398.61M+35.6% | |
| Telecommunications Infrastructure Services | $5.15M+30.1% | $4.73M+122% | $5.25M+146% | $3.96M+198% | $3.96M+189% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Industrial Construction Services | $628K+5,133% | $41K+193% | $133K-43.6% | $753K+212% | $12K-62.5% | |
| Power Industry Services | $1.81M+740% | $1.09M-14.0% | $371K-83.9% | $914K-53.1% | $215K-21.0% | |
| Goodwill by Business | ||||||
| Industrial Construction Services | $9.47M0.0% | $9.47M0.0% | $9.47M0.0% | $9.47M0.0% | $9.47M0.0% | |
| Power Industry Services | $18.5M+0.1% | $18.5M+0.1% | $18.5M+0.1% | $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-5.0% | $142K-20.2% | $145K-12.7% | $163K-22.4% | $160K-34.7% | |
| Power Industry Services | $328K+105% | $283K+16.5% | $267K+69.0% | $223K+50.7% | $160K+16.8% | |
| Telecommunications Infrastructure Services | $76K-17.4% | $73K-31.8% | $90K-17.4% | $96K-7.7% | $92K-5.2% | |
| Concentration Risk % by Product | ||||||
| Industrial Construction Services | 20%+4.9pp | 0.9%— | 19.7%+3.6pp | 15.2%-6.7pp | 15.1%-12.6pp | |
| Power Industry Services | 77.9%-4.9pp | —— | 77.8%-4.7pp | 82.8%+6.3pp | 82.8%+12.9pp | |
| Telecommunication Infrastructure Services | 2.1%0.0pp | —— | 2.5%+1.1pp | 2%+0.4pp | 2.1%-0.3pp | |
| Revenue by Geography | ||||||
| GB | $12.96M+386% | $9.2M+722% | $9.21M+1,612% | $6.3M+75.2% | $2.67M-40.2% | |
| IE | $24.14M+144% | $18.57M+154% | $19.3M+13.7% | $17.24M-38.8% | $9.89M-65.8% | |
| US | $253.85M+40.2% | $234.27M+4.6% | $222.64M-7.0% | $214.2M+9.7% | $181.11M+45.7% |
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.
