Quarterly ResultMay 7, 2026, 07:32 AM
ARKO Q1 Adjusted EBITDA +65.1% to $50.9M; Net Loss Narrows
AI Summary
ARKO Corp. reported strong first-quarter 2026 financial results, with Adjusted EBITDA increasing 65.1% to $50.9 million and net loss narrowing to $5.6 million from $12.7 million year-over-year. The company also completed the initial public offering of its subsidiary, ARKO Petroleum Corp. (APC), raising $206.8 million, which was used to reduce debt. Strategic initiatives, including retail store conversions and new store openings, are progressing, contributing to improved same-store merchandise sales and fuel margins.
Key Highlights
- Adjusted EBITDA increased 65.1% to $50.9 million in Q1 2026.
- Net loss narrowed to $5.6 million from $12.7 million year-over-year.
- Completed APC IPO, raising $206.8 million, used to reduce debt by $206.7 million.
- Same-store merchandise sales excluding cigarettes increased 0.4%, strongest in two years.
- Retail same-store fuel margin increased to 48.0 cents per gallon from 38.7 cents.
- Converted 41 retail stores to dealer locations in Q1, totaling 450 since 2024.
- Declared a quarterly dividend of $0.03 per share.
- Reaffirmed full-year 2026 Adjusted EBITDA guidance of $245 million to $265 million.