ARBK (Argo Blockchain) Selling, General, & Admin. Expense: $9.36 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ARBK Argo Blockchain PLC ARBK
46 GF Score
Price $3.14
GF Value $13.75
Valuation Possible Value Trap
! 5 Warning Signs
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What is Argo Blockchain Selling, General, & Admin. Expense?

Argo Blockchain ARBK -0.48% 46 Selling, General, & Admin. Expense is $9.36 Mil as of Dec. 2025. GuruFocus rates ARBK with a GF Score™ of 46/100 and a GF Value™ of $13.75 (Possible Value Trap). The stock has 5 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Argo Blockchain's selling, general, & admin. expense for the six months ended in Dec. 2025 was $4.45 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $9.36 Mil.


Argo Blockchain  (NAS:ARBK) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Argo Blockchain Selling, General, & Admin. Expense Related Terms


Argo Blockchain Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Argo Blockchain's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Argo Blockchain Selling, General, & Admin. Expense Chart

Argo Blockchain Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 13.23 35.37 15.71 12.08 9.36

Argo Blockchain Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.83 9.40 2.68 4.91 4.45

ARBK vs BTCS, BGDE, PLUT: Selling, General, & Admin. Expense Comparison

For the Capital Markets subindustry, Argo Blockchain's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Argo Blockchain Selling, General, & Admin. Expense vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Argo Blockchain's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Argo Blockchain's Selling, General, & Admin. Expense falls into.


ARBK
46GF Score
Argo Blockchain PLC ARBK
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Argo Blockchain Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $9.36 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Selling, General, & Admin. Expense of $9.36 Mil mean?
Argo Blockchain (ARBK) has a Selling, General, & Admin. Expense of $9.36 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Argo Blockchain and its competitors.
Is Argo Blockchain's Selling, General, & Admin. Expense too high?
Argo Blockchain's current Selling, General, & Admin. Expense is $9.36 Mil. Overall, Argo Blockchain has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Argo Blockchain's Selling, General, & Admin. Expense compare to BTCS and BGDE?
Argo Blockchain's Selling, General, & Admin. Expense of $9.36 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Capital Markets company?
A good Selling, General, & Admin. Expense depends on the Capital Markets industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Argo Blockchain and its competitors. Argo Blockchain's current Selling, General, & Admin. Expense is $9.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Blockchain stock overvalued right now?
Based on GuruFocus' analysis, Argo Blockchain (ARBK) is currently considered Possible Value Trap. The stock's GF Value™ is $13.75, compared to a current price of $3.14 — trading 77.2% below its estimated fair value. The current Selling, General, & Admin. Expense is $9.36 Mil. Argo Blockchain's overall GF Score™ is 46/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Argo Blockchain (ARBK), the current Selling, General, & Admin. Expense is $9.36 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Argo Blockchain (ARBK) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Blockchain stock appears to be undervalued. The current stock price of $3.14 is trading 77.2% below its estimated GF Value™ of $13.75. GuruFocus considers Argo Blockchain to be Possible Value Trap.

Key valuation signals for ARBK:

  • Selling, General, & Admin. Expense: $9.36 Mil
  • GF Value™: $13.75 vs. price of $3.14 (77.2% below fair value)
  • GF Score™: 46/100 with 5 warning signs

No single metric tells the full story. See the ARBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argo Blockchain Business Description

Address 27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
Argo Blockchain PLC is a blockchain technology company focused on the large-scale mining of Bitcoin. It mines bitcoin using purpose-built computers (or mining machines) to solve complex cryptographic algorithms on the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. The company acquires and deploys mining technology solutions in North American facilities that utilize predominantly renewable and inexpensive electricity.
46GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.14
Price
$13.75
GF Value