Argan, Inc. (AGX) — Financial statements
Income statement, balance sheet, and cash flow for Argan, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 945↑8.1% | 874↑52.5% | 573↑26.0% | 455↓10.7% | 509 | |
| Cost of Revenue | 751↑2.4% | 733↑48.9% | 492↑33.6% | 369↓10.0% | 410 | |
| Gross Profit | 194↑37.4% | 141↑74.4% | 81↓6.4% | 86↓13.4% | 100 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 59↑11.7% | 53↑19.0% | 44↓0.7% | 45↓5.6% | 47 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 8 | |
| Operating Expenses | 59↑11.7% | 53↑19.0% | 44↓0.7% | 45↓19.1% | 55 | |
| Total Costs & Expenses | 810↑3.0% | 786↑46.4% | 537↑29.9% | 413↓11.1% | 465 | |
| Operating Results | ||||||
| Operating Income | 135↑52.7% | 88↑141.9% | 36↓12.5% | 42↓6.4% | 45 | |
| Depreciation & Amortization | 2↓59.6% | 6↑135.3% | 2↓35.3% | 4↓12.3% | 4 | |
| EBITDA | 137↑46.0% | 94↑141.5% | 39↓14.4% | 45↓19.9% | 57 | |
| EBIT | 135↑52.7% | 88↑141.9% | 36↓12.5% | 42↓20.5% | 52 | |
| Interest & Other Income | ||||||
| Net Interest Income | 11↓48.1% | 21 | 0.00 | 0.00↑100.0% | -11 | |
| Interest Income | 11↓48.1% | 21 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 11 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00↑100.0% | -8 | |
| Other Income / Expenses | 26↑12.2% | 23↑84.4% | 12↑188.0% | 4↑69.7% | 3 | |
| Income Before Tax | 161↑44.3% | 111↑127.3% | 49↑6.4% | 46↓2.3% | 47 | |
| Income Tax Expense | 23↓11.7% | 26↑55.3% | 17↑46.7% | 11↓0.5% | 11 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 138↑61.2% | 85↑164.1% | 32↓6.8% | 35↓2.8% | 36 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 138↑61.2% | 85↑164.1% | 32↓2.2% | 33↓13.5% | 38 | |
| Bottom-Line Net Income | 138↑61.2% | 85↑164.1% | 32↓2.2% | 33↓13.5% | 38 | |
| EPS (Basic) | 10.00↑57.5% | 6.35↑162.4% | 2.42↑3.0% | 2.35↓3.3% | 2.43 | |
| EPS (Diluted) | 9.73↑58.2% | 6.15↑157.3% | 2.39↑2.6% | 2.33↓2.9% | 2.40 | |
| Weighted Average Shares | 14↑3.3% | 13↑0.6% | 13↓5.1% | 14↓10.4% | 16 | |
| Weighted Average Diluted Shares | 14↑2.0% | 14↑2.6% | 14↓4.4% | 14↓10.9% | 16 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.