ARGAN INC
Financial highlights
| Metric | FY 01/31/26 | FY 01/31/25 | FY 01/31/24 | FY 01/31/23 | FY 01/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $944.6M | $874.2M | $573.3M | $455.0M | $509.4M |
| Cost of revenue | $750.9M | $733.2M | $492.5M | $368.7M | $409.6M |
| Gross profit | $193.7M | $141.0M | $80.8M | $86.4M | $99.7M |
| Selling, general & administrative | $59.0M | $52.8M | $44.4M | $44.7M | $47.3M |
| Operating income | $134.7M | $88.2M | $36.5M | $41.7M | $44.5M |
| Pretax income | $160.5M | $111.2M | $48.9M | $46.0M | $47.1M |
| Income tax expense | $22.7M | $25.7M | $16.6M | $11.3M | $11.4M |
| Net income | $137.8M | $85.5M | $32.4M | $33.1M | $38.2M |
| Balance Sheet | |||||
| Cash and equivalents | $339.5M | $145.3M | $197.0M | $173.9M | $350.5M |
| Current assets | $1.1B | $781.3M | $547.2M | $438.7M | $507.3M |
| Total assets | $1.2B | $836.2M | $598.2M | $489.5M | $553.6M |
| Current liabilities | $711.3M | $479.9M | $302.3M | $202.5M | $223.0M |
| Total liabilities | $724.1M | $484.4M | $307.3M | $208.6M | $228.0M |
| Stockholders' equity | $462.3M | $351.9M | $290.9M | $280.9M | $326.4M |
| Cash Flow Statement | |||||
| Cash from operations | $414.7M | $167.6M | $116.9M | -$30.1M | $28.4M |
| Depreciation and amortization | $1.9M | $1.9M | $2.0M | $3.0M | $3.4M |
| Stock-based compensation | $7.9M | $4.5M | $4.5M | $4.0M | $3.5M |
| Capital expenditure | $3.9M | $6.6M | $2.8M | $3.4M | $1.4M |
| Free cash flow | $410.8M | $161.0M | $114.1M | -$33.4M | $27.0M |
| Dividends paid | $24.3M | $18.3M | $14.7M | $14.0M | $15.7M |
| Share repurchases | $9.9M | $1.5M | $12.5M | $68.2M | $20.4M |
| Impairments | — | — | — | — | $7.9M |
Shares outstanding 14.0M · Free float 73.7%
Annual filing data through FY ended January 31, 2026; float as of July 8, 2026.