Argan, Inc. (AGX) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | 113.38M | 172.33M | 172.49M | 34.6M | 35.29M | 44.62M | 31.78M | 73.5M | 17.69M | 24.59M | 57.71M | 35.8M | -1.25M | 42.93M | -16.21M | -17.05M | -39.73M | -13.28M | -5.49M | 29.84M |
| Operating CF Margin % | 38.97% | 65.76% | 68.68% | 14.55% | 18.22% | 19.2% | 12.37% | 32.37% | 11.22% | 14.95% | 35.24% | 25.33% | -1.2% | 36.14% | -13.75% | -14.43% | -39.62% | -10.58% | -4.41% | 22.43% |
| Operating CF Growth % | 221.26% | 286.18% | 442.79% | -52.92% | 99.55% | 81.44% | -44.93% | 105.29% | 1517.15% | -42.71% | 455.97% | 310.03% | 96.86% | 423.15% | -195.57% | -157.13% | -329.04% | -141.36% | -113.83% | -52.42% |
| 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 | 15.24M | 7.76M | 4.22M | 7.49M | -323K | 12.39M | 12.87M |
| Depreciation & Amortization | 559K | 501K | -1.65M | 1.47M | 1.59M | 3.99M | 531K | 561K | 577K | 587K | 587K | 586K | 645K | 808K | 952K | 980K | 975K | 997K | 1.05M | 1.08M |
| Stock-Based Compensation | 2.04M | 2.55M | 1.86M | 2.27M | 1.19M | 1.07M | 1.18M | 1M | 1.21M | 1.04M | 1.2M | 1.2M | 1.03M | 903K | 1.1M | 1.06M | 920K | 938K | 912K | 930K |
| Deferred Taxes | -869K | 559K | 4.95M | 427K | 340K | 805K | 591K | 206K | 263K | 836K | 693K | -343K | 147K | -3.02M | -582K | -77K | 450K | -591K | -618K | 402K |
| Other Non-Cash Items | 1.56M | 620K | 3.37M | -747K | 251K | -4.16M | 57.63M | 973K | 4.15M | -1.41M | -959K | -872K | 1.58M | -184K | 349K | 782K | -72K | 10.69M | 1.24M | 1.5M |
| Working Capital Changes | 64.03M | 118.88M | 133.22M | -4.09M | 9.38M | 11.55M | -56.15M | 52.55M | 3.6M | 11.53M | 50.73M | 22.48M | -6.76M | 29.18M | -25.77M | -22.94M | -49.49M | -25M | -20.46M | 13.05M |
| Change in Receivables | 9.35M | 31.71M | -5.89M | -65.92M | 67.38M | -27.33M | -44.89M | -27.56M | -12.64M | -20.2M | -5.43M | 16.24M | -10.64M | -12.32M | -13.01M | 11.16M | -9.07M | 6.6M | 7.32M | -10.74M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36.9M | -18.89M | -18.01M | 0 | -17.04M | -8.17M | 0 | 15.23M | 0 | 0 | 0 |
| Change in Payables | 17.5M | 28.78M | 11.88M | 27.6M | -39.62M | 0 | 3.19M | 33.04M | 7.48M | 4.87M | 18.89M | 18.01M | -26.94M | 17.04M | 8.17M | -895K | -15.23M | 14.22M | -11.17M | 12.76M |
| Cash from Investing | -67.48M | -130.63M | -37.14M | -39.17M | 24.92M | -66.77M | -82.28M | -42.83M | -1.73M | -5.72M | -70.34M | -20.29M | 28.75M | -790K | 23.31M | -400K | -85.24M | -1.83M | -50.11M | 29.27M |
| Capital Expenditures | -2.43M | -1.21M | -583K | -1.69M | -395K | -1.36M | -2.55M | -2.35M | -322K | -613K | -1.11M | -386K | -645K | -790K | -1.94M | -400K | -238K | -299K | -112K | -167K |
| CapEx % of Revenue | 0.84% | 0.46% | 0.23% | 0.71% | 0.2% | 0.59% | 0.99% | 1.03% | 0.2% | 0.37% | 0.68% | 0.27% | 0.62% | 0.67% | 1.65% | 0.34% | 0.24% | 0.24% | 0.09% | 0.13% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -13.01M | 3.31M | 0 | -3.31M | 9.49M | 0 | 19.91M | -29.39M | 0 | -25.25M | 0 | 85M | -1.53M | 0 | -565K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 15M | -9.98M | 18.48M | 25M | 0 | -5.02M | 5.92M | 0 | 5.92M | -5.11M | -69.23M | -19.91M | 29.39M | 0 | 25.25M | 0 | -85M | 931K | -50M | 565K |
| Cash from Financing | -33.65M | -10.14M | -7.52M | -6.93M | -18M | -8.45M | -6.93M | -5.56M | -5.12M | -8M | -5.56M | -6M | -6.49M | -9.03M | -13.48M | -29.57M | -30.72M | -24.17M | -3.57M | -3.94M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -2.96M | -2.83M | 0 | -199K | -6.85M | -878K | -459K | -1.52M | -187K | -4.01M | -1.73M | -3.06M | -3.68M | -4.98M | -10.08M | -26.09M | -27.08M | 0 | 0 | 0 |
| Dividends Paid | -7M | -6.97M | -7.05M | -5.18M | -5.07M | -5M | -5.2M | -4.04M | -4.03M | -4M | -3.99M | -3.34M | -3.36M | -3.37M | -3.4M | -3.48M | -3.71M | -3.83M | -3.95M | -3.94M |
| Share Repurchases | -2.96M | -2.83M | 0 | -199K | -6.85M | -878K | -459K | -1.52M | -187K | -4M | -1.73M | -3.06M | -3.68M | -4.98M | -10.08M | -26.09M | -27.08M | -20.37M | 0 | 0 |
| Other Financing | -23.69M | -337K | -471K | -1.55M | -6.08M | -2.56M | -1.28M | 0 | -906K | 0 | 160K | 403K | 544K | -677K | 0 | 0 | 66K | -20.34M | 373K | 0 |
| Net Change in Cash | 16.37M | 33.19M | 128.44M | -11.4M | 43.99M | -30.09M | -57.34M | 24.95M | 10.71M | 11.46M | -19.23M | 8.85M | 22M | 37.88M | -7.28M | -48.91M | -158.22M | -41.09M | -59.85M | 54.74M |
| Free Cash Flow | 110.95M | 171.13M | 171.91M | 32.91M | 34.9M | 43.26M | 29.23M | 71.15M | 17.36M | 23.98M | 56.6M | 35.41M | -1.89M | 42.14M | -18.16M | -17.45M | -39.97M | -13.58M | -5.6M | 29.67M |
| FCF Margin % | 38.13% | 65.3% | 68.45% | 13.84% | 18.02% | 18.61% | 11.37% | 31.34% | 11.01% | 14.57% | 34.56% | 25.05% | -1.83% | 35.48% | -15.4% | -14.77% | -39.86% | -10.82% | -4.5% | 22.31% |
| FCF Growth % | 217.93% | 295.58% | 488.09% | -53.75% | 100.98% | 80.38% | -48.35% | 100.89% | 1017.27% | -43.09% | 411.73% | 303% | 95.26% | 410.22% | -224.39% | -158.8% | -342.2% | -142.67% | -114.21% | -52.35% |
| FCF per Share | 7.82 | 12.07 | 12.14 | 2.33 | 2.47 | 3.06 | 2.08 | 5.13 | 1.28 | 1.77 | 4.17 | 2.62 | -0.14 | 3.09 | -1.31 | -1.22 | -2.67 | -0.86 | -0.35 | 1.86 |
| FCF Conversion (FCF/Net Income) | 2.46x | 3.50x | 5.61x | 0.98x | 1.57x | 1.42x | 1.13x | 4.04x | 2.24x | 2.05x | 10.56x | 2.80x | -0.59x | 3.15x | -2.09x | -4.04x | -5.31x | -6.00x | -0.44x | 2.32x |
| Interest Paid | 0 | 0 | 921K | 0 | 1.14M | 0 | 0 | 0 | 651K | 0 | 0 | 444K | 444K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 19.34M | 8.02M | 10K | 15.69M | 6M | 5.83M | 3.31M | 7.28M | 3.75M | 2.76M | 513K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |