Argan, Inc. (AGX) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	1.2B	944.6M	874.2M	573.3M	455.0M
Cost of Revenue	940.3M	750.9M	733.2M	492.5M	368.7M
Gross Profit	247.9M	193.7M	141.0M	80.8M	86.4M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	65.4M	59.0M	52.8M	44.4M	44.7M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	65.4M	59.0M	52.8M	44.4M	44.7M
Cost and Expenses	1.0B	809.9M	786.0M	536.9M	413.4M
Operating Income (EBIT)	182.5M	134.7M	88.2M	36.5M	41.7M
Non-Operating
Interest Income	7.1M	11.0M	21.2M	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	7.1M	11.0M	21.2M	—	—
Other Non-Op Income/Expense	33.2M	25.8M	23.0M	12.5M	4.3M
Non-Operating Income (excl Interest)	(33.2M)	(25.8M)	(23.0M)	(12.5M)	(4.3M)
EBT (Pre-Tax Income)	215.7M	160.5M	111.2M	48.9M	46.0M
Income Tax Expense	36.4M	22.7M	25.7M	16.6M	11.3M
Bottom Line
Net Income	179.3M	137.8M	85.5M	32.4M	33.1M
Earnings from Cont. Ops	179.3M	137.8M	85.5M	32.4M	34.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	179.3M	137.8M	85.5M	32.4M	33.1M
Per Share
Basic EPS	$12.86	$10.00	$6.35	$2.42	$2.35
Diluted EPS	$12.64	$9.73	$6.15	$2.39	$2.33
Revenue Per Share	$84.70	$67.98	$65.00	$42.90	$32.31
Shares
Basic Shares Outstanding	14.0M	13.9M	13.4M	13.4M	14.1M
Diluted Shares Outstanding	14.2M	14.2M	13.9M	13.5M	14.2M
Profitability Metrics
EBITDA	218.0M	162.8M	116.9M	51.3M	49.7M
D&A	2.3M	2.3M	5.7M	2.4M	3.7M
EBIT	215.7M	160.5M	111.2M	48.9M	46.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026