Argan, Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $339.5M | $145.3M | $197.0M | $173.9M | $350.5M | $366.7M | $167.4M | $164.3M |
| Accounts Receivable | $133.7M | $175.8M | $47.3M | $50.1M | $27.0M | $28.7M | $37.2M | $36.2M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.13B | $781.3M | $547.2M | $438.7M | $507.3M | $546.2M | $421.8M | $416.3M |
| Property, Plant & Equipment | $16.6M | $14.5M | $11.0M | $10.4M | $10.5M | $20.4M | $22.5M | $19.8M |
| Goodwill | $28.0M | $28.0M | $28.0M | $28.0M | $28.0M | $27.9M | $27.9M | $32.8M |
| Intangible Assets (Excl. Goodwill) | $1.5M | $1.8M | $2.2M | $2.6M | $3.3M | $4.1M | $5.0M | $6.1M |
| Total Assets | $1.19B | $836.2M | $598.2M | $489.5M | $553.6M | $602.6M | $487.5M | $476.6M |
| Liabilities | ||||||||
| Accounts Payable | $107.5M | $97.3M | $39.5M | $56.4M | $41.8M | $53.3M | $35.4M | $39.9M |
| Total Current Liabilities | $711.3M | $479.9M | $302.3M | $202.5M | $223.0M | $276.1M | $144.0M | $81.3M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $724.1M | $484.4M | $307.3M | $208.6M | $228.0M | $280.2M | $146.5M | $82.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $406.2M | $292.7M | $225.5M | $207.8M | $188.7M | $166.1M | $189.3M | $247.6M |
| Total Stockholders' Equity | $462.3M | $351.9M | $290.9M | $280.9M | $326.4M | $320.7M | $339.2M | $394.6M |