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
DateValue
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