NASDAQ$ARKO

Arko Corp · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

ARKO Corp. reported Q4 2025 net income of $1.9 million with adjusted EBITDA of $65.7 million, up 15.6% year over year.

ARKO earned Q4 2025 net income of $1.9 million versus a $2.3 million loss a year ago, with adjusted EBITDA of $65.7 million (+15.6%). Full-year net income was $22.7 million (+9.1%) and adjusted EBITDA $248.7 million, above the original 2025 guidance midpoint. Subsidiary ARKO Petroleum completed an IPO of APC in February 2026; ARKO retains 75.9% economic interest in APC.

  • Q4 net income $1.9M; adjusted EBITDA $65.7M (+16%).
  • FY adjusted EBITDA $248.7M above guidance midpoint.
  • APC IPO completed February 2026 at $18/share.
  • Convenience retail and fuel wholesale footprint optimization.

Headline financials

Total Revenue

$1.79B

No prior period
EPS (adj)

$0.00

No prior period
Merchandise Margin

34.4%

No prior period
Retail Fuel Margin CPG

44.5

No prior period
Merchandise Contribution

$116M

No prior period
Retail Fuel Contribution

$97.4M

No prior period
Retail Fuel Gallons Sold

218.7M

No prior period
SS Fuel Gallons Decrease

4.1%

No prior period
SS Merchandise Sales Decrease

3.0%

No prior period
SS Site Operating Expenses

$153M

No prior period
Adjusted EBITDA

$65.7M

No prior period
Total Liquidity

$888M

No prior period
Outstanding Debt

$912M

No prior period
Capital Expenditures

$29.6M

No prior period
Shares Repurchased

1.7M

No prior period
Avg Repurchase Price

$4.28

No prior period
Retail Sites

1.1K

No prior period
Wholesale Sites

2.1K

No prior period
Fleet Fueling Sites

295

No prior period
Net Income

$1.9M

No prior period
Operating Income

$21.5M

No prior period
Gross Profit

$288M

No prior period

Revenue & EPS history

Arko · Revenue · Quarterly

$1.79B

Q4 2025
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

ARKO will update 2026 outlook on its call; the release highlighted APC IPO proceeds and convenience store operations efficiency.

Tailwinds

  • Return to profitability in Q4 with EBITDA growth.
  • APC IPO unlocks value for fuel wholesale subsidiary.
  • FY EBITDA beat prior guidance range.

Headwinds

  • Fuel margin volatility and tobacco regulatory pressure.
  • Leverage and integration of acquired c-store chains.
  • Consumer spending sensitivity in value retail.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.1%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+5.1%

Avg return

30 days after

63%

10 / 16 earnings

Positive

+7.5%

Q3 2025

Best reaction

-15.2%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.9%+4.0%+14.9%
Q4 2025+4.6%+7.1%-7.8%
Q3 2025+7.5%+8.5%+22.2%
Q1 2025+7.2%+18.0%-2.0%
Q3 2024-2.8%-3.4%-0.9%
Q2 2024+5.5%+7.4%+6.7%
Q1 2024-1.8%+20.6%+41.7%
Q3 2023-0.4%-4.1%-2.5%
Q2 2023+0.7%+2.6%-7.8%
Q1 2023-0.9%-16.2%-1.8%
Q3 2022+5.9%-3.9%-2.0%
Q2 2022+1.2%+9.0%+9.4%
Q1 2022-15.2%-19.2%-6.9%
Q3 2021-2.1%-1.3%-11.2%
Q2 2021+4.8%+3.3%+25.0%
Q1 2021+1.0%+7.4%+4.4%

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