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| Date | Value |
|---|---|
| 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 |