Argan, Inc. (AGX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 290.95M | 262.05M | 251.15M | 237.74M | 193.66M | 232.47M | 257.01M | 227.01M | 157.68M | 164.55M | 163.75M | 141.35M | 103.67M | 118.78M | 117.88M | 118.11M | 100.28M | 125.57M | 124.45M | 133.01M |
| Revenue Growth % | 50.24% | 12.72% | -2.28% | 4.73% | 22.82% | 41.28% | 56.95% | 60.61% | 52.09% | 38.54% | 38.92% | 19.68% | 3.39% | -5.41% | -5.28% | -11.2% | -20.63% | 7.11% | -2.26% | 52.02% |
| Cost of Goods Sold | 229.84M | 196.45M | 204.2M | 193.48M | 156.8M | 184.86M | 212.68M | 195.91M | 140.22M | 141.41M | 144.52M | 117.61M | 89.45M | 98.75M | 95.67M | 93.72M | 80.54M | 103.34M | 98.32M | 105.36M |
| COGS % of Revenue | 79% | 74.97% | 81.31% | 81.38% | 80.97% | 79.52% | 82.75% | 86.3% | 88.92% | 85.94% | 88.25% | 83.2% | 86.28% | 83.14% | 81.16% | 79.35% | 80.32% | 82.3% | 79% | 79.21% |
| Gross Profit | 61.11M | 65.6M | 46.95M | 44.27M | 36.86M | 47.61M | 44.33M | 31.11M | 17.46M | 23.14M | 19.23M | 23.74M | 14.22M | 20.03M | 22.21M | 24.39M | 19.74M | 22.23M | 26.14M | 27.65M |
| Gross Margin % | 21% | 25.03% | 18.69% | 18.62% | 19.03% | 20.48% | 17.25% | 13.7% | 11.08% | 14.06% | 11.75% | 16.8% | 13.72% | 16.86% | 18.84% | 20.65% | 19.68% | 17.7% | 21% | 20.79% |
| Gross Profit Growth % | 65.79% | 37.78% | 5.92% | 42.31% | 111.08% | 105.73% | 130.45% | 31.01% | 22.78% | 15.56% | -13.39% | -2.64% | -27.94% | -9.91% | -15.03% | -11.81% | -16.77% | 0.66% | 28.47% | 76.92% |
| Operating Expenses | 15.72M | 17.93M | 14.32M | 14.21M | 12.52M | 14.95M | 13.99M | 12.43M | 10.95M | 11.42M | 11.38M | 10.5M | 10.59M | 10.47M | 12.67M | 10.98M | 10.57M | 23.41M | 11.59M | 10.33M |
| OpEx % of Revenue | 5.4% | 6.84% | 5.7% | 5.98% | 6.47% | 6.43% | 5.45% | 5.47% | 6.94% | 6.94% | 6.95% | 7.43% | 10.22% | 8.81% | 10.75% | 9.3% | 10.55% | 18.64% | 9.31% | 7.77% |
| Selling, General & Admin | 15.72M | 17.93M | 14.32M | 14.21M | 12.52M | 14.95M | 13.99M | 12.43M | 10.95M | 11.42M | 11.38M | 10.5M | 10.59M | 10.47M | 12.67M | 10.98M | 10.57M | 15.51M | 11.59M | 10.33M |
| SG&A % of Revenue | 5.4% | 6.84% | 5.7% | 5.98% | 6.47% | 6.43% | 5.45% | 5.47% | 6.94% | 6.94% | 6.95% | 7.43% | 10.22% | 8.81% | 10.75% | 9.3% | 10.55% | 12.35% | 9.31% | 7.77% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 |
| Operating Income | 45.4M | 47.67M | 32.63M | 30.05M | 24.34M | 32.67M | 30.33M | 18.68M | 6.52M | 11.72M | 7.86M | 13.24M | 3.63M | 9.56M | 9.54M | 13.4M | 9.16M | -1.18M | 14.54M | 17.32M |
| Operating Margin % | 15.6% | 18.19% | 12.99% | 12.64% | 12.57% | 14.05% | 11.8% | 8.23% | 4.13% | 7.12% | 4.8% | 9.37% | 3.5% | 8.05% | 8.09% | 11.35% | 9.14% | -0.94% | 11.69% | 13.02% |
| Operating Income Growth % | 86.49% | 45.93% | 7.59% | 60.92% | 273.4% | 178.63% | 285.9% | 41.05% | 79.44% | 22.61% | -17.62% | -1.21% | -60.35% | 911.71% | -34.4% | -22.62% | -33.71% | -109.92% | 32.89% | 164.64% |
| EBITDA | 53.77M | 48.25M | 33.14M | 31.62M | 25.93M | 38.63M | 36.98M | 19.24M | 7.1M | 12.31M | 8.45M | 13.83M | 4.28M | 10.37M | 10.49M | 14.38M | 10.14M | -181K | 15.59M | 18.41M |
| EBITDA Margin % | 18.48% | 18.41% | 13.19% | 13.3% | 13.39% | 16.62% | 14.39% | 8.47% | 4.5% | 7.48% | 5.16% | 9.78% | 4.13% | 8.73% | 8.9% | 12.18% | 10.11% | -0.14% | 12.53% | 13.84% |
| EBITDA Growth % | 107.36% | 24.91% | -10.38% | 64.37% | 265.42% | 213.8% | 337.76% | 39.13% | 65.87% | 18.72% | -19.5% | -3.87% | -57.8% | 5829.28% | -32.7% | -21.85% | -32.11% | -101.39% | 28.73% | 139.27% |
| D&A (Non-Cash Add-back) | 0 | 583K | 505K | 1.57M | 1.59M | 0 | 0 | 561K | 577K | 587K | 587K | 586K | 645K | 808K | 952K | 980K | 975K | 997K | 1.05M | 1.08M |
| EBIT | 53.77M | 55.39M | 39.69M | 35.64M | 29.79M | 38.63M | 36.98M | 24.28M | 11.31M | 16.98M | 11.59M | 17.36M | 3.63M | 12.03M | 10.31M | 13.91M | 9.76M | 6.72M | 15.66M | 17.06M |
| Net Interest Income | 0 | 7.1M | 0 | 5.5M | 5.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -629K | 0 | 0 | 0 | 0 | -4.38M | 0 | 0 |
| Interest Income | 0 | 7.1M | 0 | 5.5M | 5.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 629K | 0 | 0 | 0 | 0 | 4.38M | 0 | 0 |
| Other Income/Expense | 8.37M | 7.72M | 7.06M | 5.58M | 5.44M | 5.96M | 6.65M | 5.6M | 4.79M | 5.25M | 3.73M | 4.12M | -629K | 2.46M | 768K | 505K | 595K | 983K | 1.12M | 0 |
| Pretax Income | 53.77M | 55.39M | 39.69M | 35.64M | 29.79M | 38.63M | 36.98M | 24.28M | 11.31M | 16.98M | 11.59M | 17.36M | 3M | 12.03M | 10.31M | 13.91M | 9.76M | -195K | 15.66M | 17.32M |
| Pretax Margin % | 18.48% | 21.14% | 15.8% | 14.99% | 15.38% | 16.62% | 14.39% | 10.7% | 7.17% | 10.32% | 7.08% | 12.28% | 2.9% | 10.12% | 8.75% | 11.78% | 9.73% | -0.16% | 12.58% | 13.02% |
| Income Tax | 7.71M | 6.18M | 8.96M | 361K | 7.24M | 7.26M | 8.97M | 6.08M | 3.43M | 4.96M | 6.13M | 4.59M | 895K | -3.21M | 2.55M | 9.69M | 2.27M | 128K | 3.27M | 4.45M |
| Effective Tax Rate % | 14.33% | 11.16% | 22.57% | 1.01% | 24.29% | 18.8% | 24.25% | 25.05% | 30.33% | 29.21% | 52.87% | 26.45% | 29.79% | -26.73% | 24.75% | 69.64% | 23.29% | -65.64% | 20.87% | 25.7% |
| Net Income | 46.06M | 49.21M | 30.74M | 35.27M | 22.55M | 31.37M | 28.01M | 18.2M | 7.88M | 12.02M | 5.46M | 12.77M | 2.11M | 13.63M | 7.76M | 4.22M | 7.49M | 2.21M | 12.39M | 12.87M |
| Net Margin % | 15.83% | 18.78% | 12.24% | 14.84% | 11.64% | 13.49% | 10.9% | 8.02% | 5% | 7.3% | 3.34% | 9.03% | 2.03% | 11.48% | 6.58% | 3.57% | 7.46% | 1.76% | 9.96% | 9.68% |
| Net Income Growth % | 104.27% | 56.88% | 9.74% | 93.84% | 186.09% | 161.02% | 412.63% | 42.54% | 273.73% | -11.85% | -29.57% | 202.39% | -71.82% | 515.49% | -37.4% | -67.2% | -30.48% | -76.81% | 31.09% | 129.45% |
| Net Income (Continuing) | 46.06M | 49.21M | 30.74M | 35.27M | 22.55M | 31.37M | 28.01M | 18.2M | 7.88M | 12.02M | 5.46M | 12.77M | 2.11M | 15.24M | 7.76M | 4.22M | 7.49M | -323K | 12.39M | 12.87M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -797K | -797K | -797K | -797K | 1.74M | 1.74M |
| EPS (Diluted) | 3.24 | 3.47 | 2.17 | 2.50 | 1.60 | 2.22 | 2.00 | 1.31 | 0.58 | 0.89 | 0.40 | 0.94 | 0.16 | 1.00 | 0.56 | 0.30 | 0.50 | 0.14 | 0.78 | 0.81 |
| EPS Growth % | 102.5% | 56.31% | 8.5% | 90.84% | 175.86% | 149.44% | 400% | 39.36% | 262.5% | -11% | -28.57% | 213.33% | -68% | 614.29% | -28.21% | -62.96% | -25.37% | -76.67% | 30% | 125% |
| EPS (Basic) | 3.30 | 3.54 | 2.22 | 2.57 | 1.65 | 2.31 | 2.07 | 1.36 | 0.59 | 0.90 | 0.41 | 0.95 | 0.16 | 1.01 | 0.56 | 0.30 | 0.50 | 0.14 | 0.79 | 0.82 |
| Diluted Shares Outstanding | 14.2M | 14.18M | 14.16M | 14.13M | 14.11M | 14.13M | 14.03M | 13.88M | 13.57M | 13.55M | 13.56M | 13.54M | 13.55M | 13.63M | 13.81M | 14.25M | 14.99M | 15.71M | 15.96M | 15.98M |
| Basic Shares Outstanding | 13.96M | 13.89M | 13.83M | 13.73M | 13.63M | 13.6M | 13.53M | 13.4M | 13.26M | 13.32M | 13.33M | 13.4M | 13.41M | 13.54M | 13.78M | 14.13M | 14.91M | 15.59M | 15.77M | 15.77M |
| Dividend Payout Ratio | 15.21% | 14.17% | 22.95% | 14.68% | 22.48% | 15.96% | 18.55% | 22.22% | 51.07% | 33.26% | 72.97% | 26.18% | 159.18% | 24.7% | 43.77% | 82.43% | 49.59% | 173.05% | 31.85% | 30.63% |