Argan (AGX) Cost of Revenue (2010 - 2026)
Argan (AGX) recorded Cost of Revenue of $309.76 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 60.1% from $193.48 million a year earlier and up 34.8% from the prior quarter.
Argan (AGX) Cost of Revenue (2010 - 2026) Analysis & Trends
On a TTM basis, Argan's Cost of Revenue came in at $940.25 million as of Jul 31, 2026, up 25.7% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $750.93 million, up 2.4% from FY2025.
- Annual Cost of Revenue has increased for three straight fiscal years, with a five-year compound annual growth rate of 17.9% (FY2021 to FY2026).
- Across earlier fiscal years, Cost of Revenue came in at $733.19 million in FY2025 (+48.9%), $492.5 million in FY2024 (+33.6%), $368.68 million in FY2023 (-10.0%) and $409.64 million in FY2022 (+24.1%).
- The fiscal Q2 2027 figure is the highest quarterly Cost of Revenue in data going back to fiscal Q2 2011.
- On a year-over-year basis, Cost of Revenue has increased for three consecutive quarters, with growth averaging 24.8% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 66.6% in fiscal Q2 2025, against a decline of 21.5% in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $229.84 million (Q1 2027), $196.45 million (Q4 2026) and $204.2 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.72 Bn | 100.91 Bn | 1.55 Bn | 8.01 Bn |
| 2 | Ferrovial | 37.36 Bn | 17.95 Bn | - | - |
| 3 | Emcor | 34.45 Bn | 30.84 Bn | 1.02 Bn | 4.13 Bn |
| 4 | Mastec | 17.62 Bn | 16.52 Bn | 556.28 Mn | 3.82 Bn |
| 5 | Jacobs Solutions | 16.24 Bn | 10.89 Bn | 810.70 Mn | 3.27 Bn |
| 6 | Sterling Infrastructure | 16.06 Bn | 14.42 Bn | 289.96 Mn | 878.22 Mn |
| 7 | IES Holdings | 13.53 Bn | 12.40 Bn | 340.66 Mn | 902.04 Mn |
| 8 | Dycom Industries | 8.22 Bn | 7.36 Bn | - | - |
| 9 | Aecom | 7.69 Bn | 3.02 Bn | -34.04 Mn | 3.62 Bn |
| 10 | Argan | 5.45 Bn | 3.45 Bn | 74.22 Mn | 309.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 309.76 Mn |
| Apr 30, 2026 | 229.84 Mn |
| Jan 31, 2026 | 196.45 Mn |
| Oct 31, 2025 | 204.20 Mn |
| Jul 31, 2025 | 193.48 Mn |
| Apr 30, 2025 | 156.80 Mn |
| Jan 31, 2025 | 184.86 Mn |
| Oct 31, 2024 | 212.68 Mn |
| Jul 31, 2024 | 195.91 Mn |
| Apr 30, 2024 | 139.74 Mn |
| Jan 31, 2024 | 140.92 Mn |
| Oct 31, 2023 | 144.52 Mn |
| Jul 31, 2023 | 117.61 Mn |
| Apr 30, 2023 | 89.45 Mn |
| Jan 31, 2023 | 98.75 Mn |
| Oct 31, 2022 | 95.67 Mn |
| Jul 31, 2022 | 93.72 Mn |
| Apr 30, 2022 | 80.54 Mn |
| Jan 31, 2022 | 103.34 Mn |
| Oct 31, 2021 | 98.32 Mn |
Argan Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=AGX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "AGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=AGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();