Argan (AGX) Gross Margin (2010 - 2026)

Argan has disclosed Gross Margin across 17 years of filings, most recently posting 25.03% for Q1 2026.

• Gross Margin for Q1 2026 came in at 25.03%, up 455.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 20.5% (up 438.0% YoY), and the FY2026 annual result was 20.5%, up 438.0% from the prior year.
• Gross Margin came in at 25.03% for Q1 2026 at Argan, up from 18.69% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 25.03% in Q1 2026 to a low of 11.38% in Q2 2024.
• The 5-year median for Gross Margin is 17.7% (2022), against an average of 17.33%.
• Across the five-year window, Gross Margin plunged 709 bps in 2023 and surged 766 bps in 2025, its largest moves.
• Argan's Gross Margin stood at 18.84% in 2022, then sank by 38 bps to 11.75% in 2023, then surged by 47 bps to 17.25% in 2024, then rose by 8 bps to 18.69% in 2025, then jumped by 34 bps to 25.03% in 2026.
• The last three Gross Margin figures came in at 25.03% (Q1 2026), 18.69% (Q4 2025), and 18.62% (Q3 2025), per Business Quant data.