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 | 76.66 Bn | 73.12 Bn | 2.01 Bn | 1.03 Bn |
| 2 | Ferrovial | 42.68 Bn | 22.99 Bn | - | - |
| 3 | Emcor | 26.19 Bn | 22.46 Bn | 1.11 Bn | 545.79 Mn |
| 4 | Jacobs Solutions | 17.28 Bn | 11.93 Bn | 810.70 Mn | 286.70 Mn |
| 5 | Mastec | 12.76 Bn | 11.44 Bn | 660.86 Mn | 275.45 Mn |
| 6 | Stantec | 8.64 Bn | 7.57 Bn | 1.36 Bn | 390.52 Mn |
| 7 | Aecom | 8.59 Bn | 3.91 Bn | -34.04 Mn | -75.98 Mn |
| 8 | Sterling Infrastructure | 7.48 Bn | 5.94 Bn | 377.28 Mn | 306.84 Mn |
| 9 | Fluor | 6.10 Bn | -7.00 Bn | 179.00 Mn | 135.00 Mn |
| 10 | Argan | 3.67 Bn | 1.67 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();