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Side-by-side financial comparison of ARGAN INC (AGX) and AMICUS THERAPEUTICS, INC. (FOLD). Click either name above to swap in a different company.

ARGAN INC is the larger business by last-quarter revenue ($251.2M vs $185.2M, roughly 1.4× AMICUS THERAPEUTICS, INC.). ARGAN INC runs the higher net margin — 12.2% vs 0.9%, a 11.3% gap on every dollar of revenue. On growth, AMICUS THERAPEUTICS, INC. posted the faster year-over-year revenue change (23.7% vs -2.3%). ARGAN INC produced more free cash flow last quarter ($171.9M vs $16.0M). Over the past eight quarters, AMICUS THERAPEUTICS, INC.'s revenue compounded faster (29.5% CAGR vs 23.5%).

Argan Inc. is a diversified holding company that provides comprehensive engineering, construction, project management and consulting services. Its core operating segments focus on power generation, telecommunications, industrial infrastructure and renewable energy projects, primarily serving public and private sector clients across North America.

Amicus Therapeutics, Inc. is a public American biopharmaceutical company based in Philadelphia, Pennsylvania. The company went public in 2007 under the Nasdaq trading symbol FOLD. This followed a 2006 planned offering and subsequent withdrawal, which would have established the trading symbol as AMTX Prior to their IPO, Amicus was funded by a variety of venture capital firms including Radius Ventures, Canaan Partners and New Enterprise Associates.

AGX vs FOLD — Head-to-Head

Bigger by revenue
AGX
AGX
1.4× larger
AGX
$251.2M
$185.2M
FOLD
Growing faster (revenue YoY)
FOLD
FOLD
+26.0% gap
FOLD
23.7%
-2.3%
AGX
Higher net margin
AGX
AGX
11.3% more per $
AGX
12.2%
0.9%
FOLD
More free cash flow
AGX
AGX
$156.0M more FCF
AGX
$171.9M
$16.0M
FOLD
Faster 2-yr revenue CAGR
FOLD
FOLD
Annualised
FOLD
29.5%
23.5%
AGX

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AGX
AGX
FOLD
FOLD
Revenue
$251.2M
$185.2M
Net Profit
$30.7M
$1.7M
Gross Margin
18.7%
85.7%
Operating Margin
13.0%
8.6%
Net Margin
12.2%
0.9%
Revenue YoY
-2.3%
23.7%
Net Profit YoY
9.7%
-88.5%
EPS (diluted)
$2.17
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AGX
AGX
FOLD
FOLD
Q4 25
$251.2M
$185.2M
Q3 25
$237.7M
$169.1M
Q2 25
$193.7M
$154.7M
Q1 25
$232.5M
$125.2M
Q4 24
$257.0M
$149.7M
Q3 24
$227.0M
$141.5M
Q2 24
$157.7M
$126.7M
Q1 24
$164.6M
$110.4M
Net Profit
AGX
AGX
FOLD
FOLD
Q4 25
$30.7M
$1.7M
Q3 25
$35.3M
$17.3M
Q2 25
$22.6M
$-24.4M
Q1 25
$31.4M
$-21.7M
Q4 24
$28.0M
$14.7M
Q3 24
$18.2M
$-6.7M
Q2 24
$7.9M
$-15.7M
Q1 24
$12.0M
$-48.4M
Gross Margin
AGX
AGX
FOLD
FOLD
Q4 25
18.7%
85.7%
Q3 25
18.6%
88.5%
Q2 25
19.0%
90.2%
Q1 25
20.5%
90.7%
Q4 24
17.2%
90.1%
Q3 24
13.7%
90.6%
Q2 24
11.4%
91.1%
Q1 24
14.4%
87.7%
Operating Margin
AGX
AGX
FOLD
FOLD
Q4 25
13.0%
8.6%
Q3 25
12.6%
20.3%
Q2 25
12.6%
-6.1%
Q1 25
14.1%
-6.3%
Q4 24
11.8%
10.7%
Q3 24
8.2%
15.3%
Q2 24
4.1%
11.8%
Q1 24
7.1%
-25.1%
Net Margin
AGX
AGX
FOLD
FOLD
Q4 25
12.2%
0.9%
Q3 25
14.8%
10.2%
Q2 25
11.6%
-15.8%
Q1 25
13.5%
-17.3%
Q4 24
10.9%
9.8%
Q3 24
8.0%
-4.8%
Q2 24
5.0%
-12.4%
Q1 24
7.3%
-43.9%
EPS (diluted)
AGX
AGX
FOLD
FOLD
Q4 25
$2.17
$0.00
Q3 25
$2.50
$0.06
Q2 25
$1.60
$-0.08
Q1 25
$2.26
$-0.07
Q4 24
$2.00
$0.05
Q3 24
$1.31
$-0.02
Q2 24
$0.58
$-0.05
Q1 24
$0.89
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AGX
AGX
FOLD
FOLD
Cash + ST InvestmentsLiquidity on hand
$423.7M
$293.5M
Total DebtLower is stronger
$392.7M
Stockholders' EquityBook value
$419.7M
$274.2M
Total Assets
$1.1B
$949.9M
Debt / EquityLower = less leverage
1.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGX
AGX
FOLD
FOLD
Q4 25
$423.7M
$293.5M
Q3 25
$275.5M
$263.8M
Q2 25
$304.3M
$231.0M
Q1 25
$298.4M
$250.6M
Q4 24
$299.8M
$249.9M
Q3 24
$302.0M
$249.8M
Q2 24
$291.8M
$260.1M
Q1 24
$306.5M
$239.6M
Total Debt
AGX
AGX
FOLD
FOLD
Q4 25
$392.7M
Q3 25
$392.0M
Q2 25
$391.3M
Q1 25
$390.7M
Q4 24
$390.1M
Q3 24
$389.5M
Q2 24
$388.9M
Q1 24
$388.4M
Stockholders' Equity
AGX
AGX
FOLD
FOLD
Q4 25
$419.7M
$274.2M
Q3 25
$393.2M
$230.4M
Q2 25
$363.9M
$204.3M
Q1 25
$351.9M
$193.6M
Q4 24
$328.7M
$194.0M
Q3 24
$308.1M
$178.8M
Q2 24
$293.2M
$132.5M
Q1 24
$290.9M
$130.7M
Total Assets
AGX
AGX
FOLD
FOLD
Q4 25
$1.1B
$949.9M
Q3 25
$882.7M
$868.8M
Q2 25
$792.2M
$815.3M
Q1 25
$836.2M
$789.8M
Q4 24
$768.9M
$785.0M
Q3 24
$726.6M
$786.6M
Q2 24
$624.4M
$749.5M
Q1 24
$598.2M
$721.8M
Debt / Equity
AGX
AGX
FOLD
FOLD
Q4 25
1.43×
Q3 25
1.70×
Q2 25
1.92×
Q1 25
2.02×
Q4 24
2.01×
Q3 24
2.18×
Q2 24
2.93×
Q1 24
2.97×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AGX
AGX
FOLD
FOLD
Operating Cash FlowLast quarter
$172.5M
$16.3M
Free Cash FlowOCF − Capex
$171.9M
$16.0M
FCF MarginFCF / Revenue
68.4%
8.6%
Capex IntensityCapex / Revenue
0.2%
0.2%
Cash ConversionOCF / Net Profit
5.61×
9.62×
TTM Free Cash FlowTrailing 4 quarters
$283.0M
$29.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGX
AGX
FOLD
FOLD
Q4 25
$172.5M
$16.3M
Q3 25
$34.6M
$35.7M
Q2 25
$35.3M
$-26.5M
Q1 25
$44.6M
$7.8M
Q4 24
$31.8M
$-3.9M
Q3 24
$73.5M
$-23.0M
Q2 24
$17.7M
$22.7M
Q1 24
$24.6M
$-29.7M
Free Cash Flow
AGX
AGX
FOLD
FOLD
Q4 25
$171.9M
$16.0M
Q3 25
$32.9M
$35.3M
Q2 25
$34.9M
$-28.9M
Q1 25
$43.3M
$7.5M
Q4 24
$29.2M
$-4.2M
Q3 24
$71.1M
$-23.3M
Q2 24
$17.4M
$21.6M
Q1 24
$24.0M
$-31.5M
FCF Margin
AGX
AGX
FOLD
FOLD
Q4 25
68.4%
8.6%
Q3 25
13.8%
20.9%
Q2 25
18.0%
-18.7%
Q1 25
18.6%
6.0%
Q4 24
11.4%
-2.8%
Q3 24
31.3%
-16.5%
Q2 24
11.0%
17.0%
Q1 24
14.6%
-28.5%
Capex Intensity
AGX
AGX
FOLD
FOLD
Q4 25
0.2%
0.2%
Q3 25
0.7%
0.2%
Q2 25
0.2%
1.6%
Q1 25
0.6%
0.2%
Q4 24
1.0%
0.2%
Q3 24
1.0%
0.3%
Q2 24
0.2%
0.9%
Q1 24
0.4%
1.6%
Cash Conversion
AGX
AGX
FOLD
FOLD
Q4 25
5.61×
9.62×
Q3 25
0.98×
2.06×
Q2 25
1.57×
Q1 25
1.42×
Q4 24
1.13×
-0.27×
Q3 24
4.04×
Q2 24
2.24×
Q1 24
2.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AGX
AGX

Power Industry Services$195.5M78%
Industrial Construction Services$49.4M20%
Telecommunications Infrastructure Services$6.3M3%

FOLD
FOLD

Other$105.8M57%
Galafold$64.8M35%
Pombiliti Opfolda$14.6M8%

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