Argan (AGX) Operating Expenses (2010 - 2026)

Argan (AGX) posted Operating Expenses of $17.9 million for Q1 2026, up 25.23% sequentially from $14.3 million in Q4 2025, and up 19.95% YoY from $14.9 million in Q1 2025.

Argan (AGX) Operating Expenses (2010 - 2026) Analysis & Trends

Argan has reported Operating Expenses for 17 years, with the latest figure at $17.9 million in Q1 2026.

  • Quarterly Operating Expenses rose 19.95% year-over-year to $17.9 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $59.0 million (up 11.71% YoY) and the FY2026 annual result came in at $59.0 million, up 11.71% from the prior year.
  • Operating Expenses grew to $17.9 million in Q1 2026 per AGX's latest filing, from $14.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $17.9 million in Q1 2026 and troughed at $10.5 million in Q1 2023.
  • A 5-year average of $12.7 million and a median of $12.4 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 51.83% in 2022, then sank 32.51% in 2023.
  • Over 5 years, Operating Expenses stood at $12.7 million in 2022, then fell by 10.2% to $11.4 million in 2023, then rose by 23.03% to $14.0 million in 2024, then gained by 2.29% to $14.3 million in 2025, then gained by 25.23% to $17.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $17.9 million, $14.3 million, and $14.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quanta Services 98.57 Bn 98.48 Bn 1.55 Bn 698.49 Mn
2 Comfort Systems Usa 69.82 Bn 67.96 Bn 844.23 Mn 287.05 Mn
3 Ferrovial 46.93 Bn 41.94 Bn - -
4 Emcor 35.79 Bn 34.87 Bn 1.02 Bn 475.04 Mn
5 Mastec 25.30 Bn 25.14 Bn 556.28 Mn 206.47 Mn
6 Sterling Infrastructure 18.27 Bn 17.76 Bn 194.30 Mn 49.26 Mn
7 APi 17.00 Bn 16.35 Bn 703.00 Mn 528.00 Mn
8 Jacobs Solutions 15.69 Bn 14.31 Bn 794.89 Mn 876.07 Mn
9 IES Holdings 12.60 Bn 12.34 Bn 254.79 Mn 142.57 Mn
10 Argan 8.11 Bn 7.61 Bn 65.60 Mn 17.93 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 17.93 Mn
Oct 31, 2025 14.32 Mn
Jul 31, 2025 14.21 Mn
Apr 30, 2025 12.52 Mn
Jan 31, 2025 14.95 Mn
Oct 31, 2024 14.00 Mn
Jul 31, 2024 12.43 Mn
Apr 30, 2024 11.43 Mn
Jan 31, 2024 11.91 Mn
Oct 31, 2023 11.38 Mn
Jul 31, 2023 10.50 Mn
Apr 30, 2023 10.59 Mn
Jan 31, 2023 10.47 Mn
Oct 31, 2022 12.67 Mn
Jul 31, 2022 10.98 Mn
Apr 30, 2022 10.58 Mn
Jan 31, 2022 15.51 Mn
Oct 31, 2021 11.59 Mn
Jul 31, 2021 10.33 Mn
Apr 30, 2021 9.89 Mn