Argan (AGX) Operating Expenses (2010 - 2026)

Argan's (AGX) quarterly Operating Expenses came in at $17.9 million in Q1 2026, up 19.95% year-on-year from $14.9 million in Q1 2025, and up 25.23% quarter-over-quarter from $14.3 million in Q4 2025.

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

Argan has disclosed Operating Expenses across 17 years of filings, most recently posting $17.9 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $17.9 million, up 19.95% year-over-year; the trailing twelve-month figure through Jan 2026 was $59.0 million (up 11.71% YoY), and the FY2026 annual result was $59.0 million, up 11.71% from the prior year.
  • Operating Expenses came in at $17.9 million for Q1 2026 at Argan, up from $14.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $17.9 million in Q1 2026 to a low of $10.5 million in Q1 2023.
  • The 5-year median for Operating Expenses is $12.4 million (2024), against an average of $12.7 million.
  • Across the five-year window, Operating Expenses jumped 51.83% in 2022 and sank 32.51% in 2023, its largest moves.
  • Argan's Operating Expenses stood at $12.7 million in 2022, then dropped by 10.2% to $11.4 million in 2023, then grew by 23.03% to $14.0 million in 2024, then increased by 2.29% to $14.3 million in 2025, then increased by 25.23% to $17.9 million in 2026.
  • The last three Operating Expenses figures came in at $17.9 million (Q1 2026), $14.3 million (Q4 2025), and $14.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 620.73 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 269.00 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 460.11 Mn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 297.49 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 49.26 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 517.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 876.07 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 142.57 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Argan 8.42 Bn 7.93 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