10-K · March 30, 2026
ARKO Petroleum (APC) completed an IPO in Feb 2026 and began life as a separately listed wholesale and fleet fuel distributor after ARKO Parent contributed its wholesale/fleet businesses. For the year ended Dec 31, 2025…
Earnings analysis · 10-Q
APC earnings analysis
Filed May 11, 2026 · Our reading of the company's report
The latest report
ARKO Petroleum Corp. demonstrated strong performance in Q1 2026 with net income increasing to $8.1 million from $4.5 million year-over-year, exceeding expected earnings per share of $0.20 with an actual EPS of $0.23.…
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ARKO Petroleum Corp. demonstrated strong performance in Q1 2026 with net income increasing to $8.1 million from $4.5 million year-over-year, exceeding expected earnings per share of $0.20 with an actual EPS of $0.23. However, revenue slightly declined by 0.2% compared to the prior year, resulting in total revenue of approximately $1.34 billion, showing resilience despite challenging macroeconomic conditions.
Reported figures
- Earnings per share
- $0.23
- Operating margin
- 1.49%
- Segment
- Wholesale
- Segment
- Fleet Fueling
- Segment
- GPMP
What stood out
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EPS Exceeds Expectations
Actual EPS of $0.23 surpassed the consensus estimate of $0.20 and increased from $0.13 a year ago.
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Revenue Stability
Total revenue for Q1 2026 was $1.34 billion, slightly down from $1.35 billion in Q1 2025, reflecting robust pricing amid volume fluctuations.
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Operating Income Growth
Operating income rose to $20.1 million for Q1 2026, compared to $15.8 million the previous year.
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Strong Adjusted EBITDA
Adjusted EBITDA increased to $36.4 million from $30.9 million year-over-year.
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Improved Fuel Margin
Fuel margin per gallon increased to 11.4 cents in Q1 2026, up from 9.9 cents in Q1 2025.
-
Cash Position Strengthened
Cash and cash equivalents rose to $21.7 million from $15.6 million at year-end.
What to watch
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Decline in Fuel Gallons Sold
Total fuel gallons sold decreased to 452,851 from 476,937, indicating challenges in volume due to macroeconomic factors.
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Higher Operating Expenses
Operating expenses remained nearly flat at $1.32 billion, while fuel costs increased leading to tighter margins.
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Debt Management Pressure
Total debt net of cash was $184.5 million, raising concerns about refinancing in a rising interest rate environment.
Management's outlook
Guidance deferred to earnings press release / call.
Earlier filings 1
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.