Argan (AGX) Operating Expenses (2010 - 2026)
Argan's (AGX) quarterly Operating Expenses came in at $17.4 million in Q3 2026, up 22.52% year-over-year from $14.2 million in Q3 2025, and up 10.78% quarter-over-quarter from $15.7 million in Q2 2026.
Analysis
Argan (AGX) Operating Expenses (2010 - 2026) Analysis & Trends
Argan has disclosed Operating Expenses across 17 years of filings, most recently posting $17.4 million for Q3 2026.
- In Q3 2026, Operating Expenses rose 22.52% year-over-year to $17.4 million; the TTM figure through Jul 2026 stood at $65.4 million (up 17.43% YoY), while the FY2026 annual figure was $59.0 million, up 11.71% from the prior year.
- Operating Expenses came in at $17.4 million for Q3 2026 at Argan, up from $15.7 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.
- Average Operating Expenses over 5 years is $13.1 million, with a median of $12.5 million recorded in 2025.
- Year-over-year, Operating Expenses surged 51.83% in 2022 and plunged 32.51% in 2023.
- Over 5 years, 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 grew by 21.63% to $17.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $17.4 million in Q3 2026, $15.7 million in Q2 2026, and $17.9 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | 475.04 Mn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 524.00 Mn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 65.66 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | 46.45 Mn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | 963.15 Mn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 41.00 Mn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | 17.41 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 164.30 Mn |
| 10 | Granite Construction | 5.20 Bn | 4.34 Bn | 238.77 Mn | 107.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 17.41 Mn |
| Apr 30, 2026 | 15.72 Mn |
| 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 |