Argan Income Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Revenue	915.03	874.18	573.33	455.04	509.37	392.21
Revenue Growth (YoY)	13.49%	52.47%	26.00%	-10.67%	29.87%	64.11%
Cost of Revenue	739.34	733.19	492.5	368.68	409.64	330.14
Gross Profit	175.69	140.99	80.83	86.36	99.73	62.07
Selling, General & Admin	56	52.79	44.38	44.69	47.32	39.04
Other Operating Expenses	-	-	-	-	7.9	-
Total Operating Expenses	56	52.79	44.38	44.69	55.22	39.04
Operating Income	119.7	88.2	36.46	41.67	44.51	23.03
Total Non-Operating Income (Expense)	24.05	23.01	12.48	4.33	2.55	1.86
Pretax Income	143.75	111.2	48.93	46	47.06	24.89
Provision for Income Taxes	23.82	25.75	16.58	11.3	11.36	1.07
Net Income	119.93	85.46	32.36	33.1	38.24	23.85
Minority Interest in Earnings	-	-	-	1.61	-2.54	-0.04
Net Income to Common	119.93	85.46	32.36	33.1	38.24	23.85
Net Income Growth	81.42%	164.10%	-2.24%	-13.46%	60.35%	-
Shares Outstanding (Basic)	14	13	13	14	16	16
Shares Outstanding (Diluted)	14	14	14	14	16	16
Shares Change (YoY)	2.73%	2.64%	-4.43%	-10.92%	0.56%	1.31%
EPS (Basic)	8.75	6.35	2.42	2.35	2.43	1.52
EPS (Diluted)	8.49	6.15	2.39	2.33	2.40	1.51
EPS Growth	77.61%	157.32%	2.57%	-2.92%	58.94%	-
Free Cash Flow	282.98	161	114.1	-33.43	26.99	174.32
Free Cash Flow Growth	75.76%	41.10%	-	-	-84.52%	274.82%
Free Cash Flow Per Share	20.02	11.58	8.42	-2.36	1.70	11.02
Dividends Per Share	1.625	1.350	1.100	1.000	1.000	1.000
Dividend Growth	20.37%	22.73%	10.00%	-	-	-
Gross Margin	19.20%	16.13%	14.10%	18.98%	19.58%	15.83%
Operating Margin	13.08%	10.09%	6.36%	9.16%	8.74%	5.87%
Profit Margin	13.11%	9.78%	5.64%	7.63%	7.01%	6.07%
FCF Margin	30.93%	18.42%	19.90%	-7.35%	5.30%	44.45%
EBITDA	126.07	93.86	40.38	47.21	52.14	29.47
EBITDA Margin	13.78%	10.74%	7.04%	10.37%	10.24%	7.51%
EBIT	119.7	88.2	36.46	41.67	44.51	23.03
EBIT Margin	13.08%	10.09%	6.36%	9.16%	8.74%	5.87%
Effective Tax Rate	16.57%	23.15%	33.87%	24.56%	24.13%	4.32%

Updated Dec 4, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q