Argan (AGX) Cost of Revenue (2010 - 2026)
Argan's (AGX) quarterly Cost of Revenue came in at $196.5 million in Q1 2026, up 6.27% year-on-year from $184.9 million in Q1 2025, and down 3.8% quarter-over-quarter from $204.2 million in Q4 2025.
Argan (AGX) Cost of Revenue (2010 - 2026) Analysis & Trends
Argan has disclosed Cost of Revenue across 17 years of filings, most recently posting $196.5 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $196.5 million, up 6.27% year-over-year; the trailing twelve-month figure through Jan 2026 was $750.9 million (up 2.42% YoY), and the FY2026 annual result was $750.9 million, up 2.42% from the prior year.
- Cost of Revenue came in at $196.5 million for Q1 2026 at Argan, down from $204.2 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $212.7 million in Q4 2024 to a low of $80.5 million in Q2 2022.
- The 5-year median for Cost of Revenue is $140.9 million (2024), against an average of $144.0 million.
- Across the five-year window, Cost of Revenue decreased 21.52% in 2022 and jumped 66.58% in 2024, its largest moves.
- Argan's Cost of Revenue stood at $95.7 million in 2022, then surged by 51.07% to $144.5 million in 2023, then surged by 47.16% to $212.7 million in 2024, then slipped by 3.99% to $204.2 million in 2025, then retreated by 3.8% to $196.5 million in 2026.
- The last three Cost of Revenue figures came in at $196.5 million (Q1 2026), $204.2 million (Q4 2025), and $193.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.64 Bn | 97.37 Bn | 1.11 Bn | 6.77 Bn |
| 2 | Comfort Systems Usa | 60.31 Bn | 59.26 Bn | 754.41 Mn | 2.11 Bn |
| 3 | Emcor | 34.63 Bn | 33.72 Bn | 863.95 Mn | 3.76 Bn |
| 4 | Mastec | 26.26 Bn | 26.11 Bn | 477.90 Mn | 3.35 Bn |
| 5 | Sterling Infrastructure | 23.68 Bn | 23.18 Bn | 194.30 Mn | 631.38 Mn |
| 6 | APi | 17.88 Bn | 17.24 Bn | 620.00 Mn | 1.36 Bn |
| 7 | Jacobs Solutions | 14.38 Bn | 13.00 Bn | 794.89 Mn | 2.90 Bn |
| 8 | IES Holdings | 13.57 Bn | 13.32 Bn | 254.79 Mn | 719.50 Mn |
| 9 | Dycom Industries | 13.37 Bn | 12.66 Bn | - | - |
| 10 | Argan | 8.09 Bn | 7.60 Bn | 65.60 Mn | 196.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 196.45 Mn |
| Jan 31, 2026 | 196.45 Mn |
| Oct 31, 2025 | 204.20 Mn |
| Oct 31, 2025 | 204.20 Mn |
| Jul 31, 2025 | 193.48 Mn |
| Jul 31, 2025 | 193.48 Mn |
| Apr 30, 2025 | 156.80 Mn |
| Apr 30, 2025 | 156.80 Mn |
| Jan 31, 2025 | 184.86 Mn |
| Jan 31, 2025 | 184.86 Mn |
| Oct 31, 2024 | 212.68 Mn |
| Oct 31, 2024 | 212.68 Mn |
| Jul 31, 2024 | 195.91 Mn |
| Jul 31, 2024 | 195.91 Mn |
| Apr 30, 2024 | 139.74 Mn |
| Apr 30, 2024 | 139.74 Mn |
| Jan 31, 2024 | 140.92 Mn |
| Jan 31, 2024 | 140.92 Mn |
| Oct 31, 2023 | 144.52 Mn |
| Oct 31, 2023 | 144.52 Mn |