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| 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 |