Quarterly ResultMay 7, 2026, 07:32 AM
ARKO Q1 Adjusted EBITDA +65.1% to $50.9M; Net Loss Narrows
AI Summary
ARKO Corp. announced strong first-quarter 2026 financial results, with Adjusted EBITDA increasing 65.1% to $50.9 million and net loss narrowing significantly. The company successfully completed the initial public offering of its subsidiary, ARKO Petroleum Corp. (APC), using the $206.7 million net proceeds to reduce debt. Operational highlights include a return to growth in same-store merchandise sales excluding cigarettes and continued progress on its transformation plan, including dealer conversions and new store openings. The Board also declared a quarterly dividend of $0.03 per share.
Key Highlights
- Adjusted EBITDA increased 65.1% to $50.9 million for Q1 2026, up from $30.9 million YoY.
- Net loss for the quarter was $5.6 million, an improvement from a net loss of $12.7 million YoY.
- ARKO Petroleum Corp. (APC) completed an IPO, generating approximately $206.8 million in net proceeds.
- The company applied $206.7 million of APC IPO proceeds to reduce debt during the quarter.
- Same-store merchandise sales excluding cigarettes increased approximately 0.4%, the strongest in two years.
- Retail same-store fuel margin increased to 48.0 cents per gallon, up from 38.7 cents per gallon YoY.
- 41 retail stores were converted to dealer locations in Q1, bringing total conversions to 450 since 2024.
- The Board declared a quarterly dividend of $0.03 per share, payable May 29, 2026.