Argan (AGX) Operating Income (2010 - 2026)
Argan (AGX) recorded Operating Income of $56.81 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 89.0% from $30.06 million a year earlier and up 25.1% from the prior quarter.
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Analysis
Argan (AGX) Operating Income (2010 - 2026) Analysis & Trends
On a TTM basis, Argan's Operating Income came in at $182.5 million as of Jul 31, 2026, up 55.5% year-over-year; for FY2026 (ended Jan 31, 2026), it was $134.7 million, up 52.7% from FY2025.
- Annual Operating Income has a five-year compound annual growth rate of 42.4% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Income came in at $88.2 million in FY2025 (+141.9%), $36.46 million in FY2024 (-12.5%), $41.67 million in FY2023 (-6.4%) and $44.51 million in FY2022 (+93.3%).
- The fiscal Q2 2027 figure is the highest quarterly Operating Income in data going back to fiscal Q2 2011.
- On a year-over-year basis, Operating Income has increased for 11 consecutive quarters, with growth averaging 128.5% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 285.9% in fiscal Q3 2025, against a decline of 60.4% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $45.4 million (Q1 2027), $47.67 million (Q4 2026) and $32.63 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.72 Bn | 100.91 Bn | 1.55 Bn | 694.83 Mn |
| 2 | Ferrovial | 37.36 Bn | 17.95 Bn | - | - |
| 3 | Emcor | 34.45 Bn | 30.84 Bn | 1.02 Bn | 547.34 Mn |
| 4 | Mastec | 17.62 Bn | 16.52 Bn | 556.28 Mn | 226.20 Mn |
| 5 | Jacobs Solutions | 16.24 Bn | 10.89 Bn | 810.70 Mn | 286.70 Mn |
| 6 | Sterling Infrastructure | 16.06 Bn | 14.42 Bn | 289.96 Mn | 219.26 Mn |
| 7 | IES Holdings | 13.53 Bn | 12.40 Bn | 340.66 Mn | 178.55 Mn |
| 8 | Dycom Industries | 8.22 Bn | 7.36 Bn | - | - |
| 9 | Aecom | 7.69 Bn | 3.02 Bn | -34.04 Mn | -75.98 Mn |
| 10 | Argan | 5.45 Bn | 3.45 Bn | 74.22 Mn | 56.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 56.81 Mn |
| Apr 30, 2026 | 45.40 Mn |
| Jan 31, 2026 | 47.67 Mn |
| Oct 31, 2025 | 32.63 Mn |
| Jul 31, 2025 | 30.06 Mn |
| Apr 30, 2025 | 24.34 Mn |
| Jan 31, 2025 | 32.67 Mn |
| Oct 31, 2024 | 30.33 Mn |
| Jul 31, 2024 | 18.68 Mn |
| Apr 30, 2024 | 6.52 Mn |
| Jan 31, 2024 | 11.72 Mn |
| Oct 31, 2023 | 7.86 Mn |
| Jul 31, 2023 | 13.24 Mn |
| Apr 30, 2023 | 3.63 Mn |
| Jan 31, 2023 | 9.56 Mn |
| Oct 31, 2022 | 9.54 Mn |
| Jul 31, 2022 | 13.40 Mn |
| Apr 30, 2022 | 9.16 Mn |
| Jan 31, 2022 | -1.18 Mn |
| Oct 31, 2021 | 14.55 Mn |
API Access
Argan Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=AGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "AGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=AGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();