ARKO Corp. reported first quarter 2026 results showing improved profitability despite a small revenue decline. Total revenues were $1,771.9 million versus $1,829.5 million a year earlier, while net loss narrowed to $5.6 million from $12.7 million and net loss per share improved to $0.07 from $0.12.
Adjusted EBITDA rose 65.1% to $50.9 million, helped by higher fuel and merchandise margins and cost reductions, including dealerization of company-operated stores. Retail fuel margin increased to 47.9 cents per gallon from 37.9 cents, and merchandise margin improved to 33.9% from 33.2%.
The company’s subsidiary ARKO Petroleum Corp. (APC) completed an IPO generating approximately $206.8 million in net proceeds, of which $206.7 million was used to reduce debt. ARKO holds 35 million APC shares, representing 73.6% of APC’s economic interests. Management reaffirmed full-year 2026 Adjusted EBITDA guidance of $245–$265 million and declared a $0.03 per share quarterly dividend.
ARKO Corp. reported first quarter 2026 results showing improved profitability despite a small revenue decline. Total revenues were $1,771.9 million versus $1,829.5 million a year earlier, while net loss narrowed to $5.6 million from $12.7 million and net loss per share improved to $0.07 from $0.12.
Adjusted EBITDA rose 65.1% to $50.9 million, helped by higher fuel and merchandise margins and cost reductions, including dealerization of company-operated stores. Retail fuel margin increased to 47.9 cents per gallon from 37.9 cents, and merchandise margin improved to 33.9% from 33.2%.
The company’s subsidiary ARKO Petroleum Corp. (APC) completed an IPO generating approximately $206.8 million in net proceeds, of which $206.7 million was used to reduce debt. ARKO holds 35 million APC shares, representing 73.6% of APC’s economic interests. Management reaffirmed full-year 2026 Adjusted EBITDA guidance of $245–$265 million and declared a $0.03 per share quarterly dividend.
ARKO Corp. reported a smaller net loss for the quarter ended March 31, 2026 and completed a significant IPO of its wholesale and fuel distribution subsidiary. Total revenue was $1.77 billion, slightly below $1.83 billion a year earlier, as fuel revenue was roughly flat and merchandise revenue declined.
Fuel costs fell more than fuel revenue, lifting fuel margin to 28.8 cents per gallon on 464.9 million gallons, versus 24.9 cents on 490.3 million gallons last year. Merchandise margin improved to 33.9%, though merchandise contribution declined to $103.5 million as store conversions reduced retail sales.
Operating income was $10.0 million compared with an $11.8 million operating loss a year ago, and Adjusted EBITDA rose to $50.9 million from $30.9 million. Net loss attributable to common shareholders narrowed to $8.1 million, or $0.07 per share, from $14.1 million, or $0.12 per share.
In February 2026, subsidiary ARKO Petroleum Corp. (APC) completed an IPO of 11.1 million Class A shares at $18.00, with additional over-allotment shares, generating approximately $206.8 million in net proceeds. ARKO now owns 73.6% of APC’s economic interests and 93.3% of its combined voting power, and used $206.7 million of the proceeds to repay borrowings under its Capital One credit facility, reducing long-term debt from $875.5 million to $691.0 million.
ARKO Corp. reported a smaller net loss for the quarter ended March 31, 2026 and completed a significant IPO of its wholesale and fuel distribution subsidiary. Total revenue was $1.77 billion, slightly below $1.83 billion a year earlier, as fuel revenue was roughly flat and merchandise revenue declined.
Fuel costs fell more than fuel revenue, lifting fuel margin to 28.8 cents per gallon on 464.9 million gallons, versus 24.9 cents on 490.3 million gallons last year. Merchandise margin improved to 33.9%, though merchandise contribution declined to $103.5 million as store conversions reduced retail sales.
Operating income was $10.0 million compared with an $11.8 million operating loss a year ago, and Adjusted EBITDA rose to $50.9 million from $30.9 million. Net loss attributable to common shareholders narrowed to $8.1 million, or $0.07 per share, from $14.1 million, or $0.12 per share.
In February 2026, subsidiary ARKO Petroleum Corp. (APC) completed an IPO of 11.1 million Class A shares at $18.00, with additional over-allotment shares, generating approximately $206.8 million in net proceeds. ARKO now owns 73.6% of APC’s economic interests and 93.3% of its combined voting power, and used $206.7 million of the proceeds to repay borrowings under its Capital One credit facility, reducing long-term debt from $875.5 million to $691.0 million.
ARKO Corp. is asking stockholders to act on several key items at its 2026 virtual Annual Meeting, scheduled for June 4, 2026, at 10:00 a.m. Eastern Time via live audio webcast. Holders of common stock as of April 10, 2026, when 112,183,702 shares were outstanding, are entitled to vote.
Stockholders will vote on electing six directors to serve until the 2027 annual meeting, a non-binding advisory resolution on compensation for named executive officers, and ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal 2026. The Board recommends voting in favor of all three proposals.
The proxy statement explains ARKO’s virtual-only meeting logistics, voting mechanics (Internet, telephone, mail, or during the webcast), and how broker non-votes and abstentions are treated. It also outlines Board structure, committee composition, ESG oversight, cybersecurity governance, equity compensation plan usage, and the performance-focused executive pay philosophy centered on EBITDA-based incentives and long-term equity awards.
ARKO Corp. is asking stockholders to act on several key items at its 2026 virtual Annual Meeting, scheduled for June 4, 2026, at 10:00 a.m. Eastern Time via live audio webcast. Holders of common stock as of April 10, 2026, when 112,183,702 shares were outstanding, are entitled to vote.
Stockholders will vote on electing six directors to serve until the 2027 annual meeting, a non-binding advisory resolution on compensation for named executive officers, and ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal 2026. The Board recommends voting in favor of all three proposals.
The proxy statement explains ARKO’s virtual-only meeting logistics, voting mechanics (Internet, telephone, mail, or during the webcast), and how broker non-votes and abstentions are treated. It also outlines Board structure, committee composition, ESG oversight, cybersecurity governance, equity compensation plan usage, and the performance-focused executive pay philosophy centered on EBITDA-based incentives and long-term equity awards.
FRIEDMAN AVRAM Z reported acquisition or exercise transactions in this Form 4 filing.
ARKO Corp. director Avram Z. Friedman received a grant of 5,244 restricted stock units (RSUs). These RSUs are immediately vested and each unit represents the right to receive one share of ARKO common stock on a one-for-one basis.
The RSUs settle in common shares upon the earlier of Friedman’s separation from the company for any reason or a change of control at ARKO. Following this award, Friedman directly holds 122,077 shares of ARKO common stock, reflecting routine equity-based director compensation rather than an open-market trade.
FRIEDMAN AVRAM Z reported acquisition or exercise transactions in this Form 4 filing.
ARKO Corp. director Avram Z. Friedman received a grant of 5,244 restricted stock units (RSUs). These RSUs are immediately vested and each unit represents the right to receive one share of ARKO common stock on a one-for-one basis.
The RSUs settle in common shares upon the earlier of Friedman’s separation from the company for any reason or a change of control at ARKO. Following this award, Friedman directly holds 122,077 shares of ARKO common stock, reflecting routine equity-based director compensation rather than an open-market trade.
Fogel Yona reported acquisition or exercise transactions in this Form 4 filing.
ARKO Corp. director Yona Fogel received a grant of 1,081 restricted stock units (RSUs) that are immediately vested. Each RSU represents the right to receive one share of ARKO common stock on a one-for-one basis. These shares will be delivered upon the earlier of Fogel’s separation from the company or a change of control at ARKO. Following this award, Fogel directly holds 15,927 shares of common stock, reflecting routine equity-based director compensation rather than an open-market stock purchase or sale.
Fogel Yona reported acquisition or exercise transactions in this Form 4 filing.
ARKO Corp. director Yona Fogel received a grant of 1,081 restricted stock units (RSUs) that are immediately vested. Each RSU represents the right to receive one share of ARKO common stock on a one-for-one basis. These shares will be delivered upon the earlier of Fogel’s separation from the company or a change of control at ARKO. Following this award, Fogel directly holds 15,927 shares of common stock, reflecting routine equity-based director compensation rather than an open-market stock purchase or sale.
ARKO Corp. director Andrew R. Heyer received a grant of 6,118 restricted stock units (RSUs) tied to ARKO common stock. Each RSU gives the right to receive one share of common stock on a one-for-one basis.
The RSUs are immediately vested and will convert into shares upon the earlier of Heyer’s service ending with the company for any reason or a change of control of ARKO. Following this grant, Heyer directly holds 168,332 shares of ARKO common stock, reflecting a routine, compensation-related equity award rather than an open-market purchase or sale.
ARKO Corp. director Andrew R. Heyer received a grant of 6,118 restricted stock units (RSUs) tied to ARKO common stock. Each RSU gives the right to receive one share of common stock on a one-for-one basis.
The RSUs are immediately vested and will convert into shares upon the earlier of Heyer’s service ending with the company for any reason or a change of control of ARKO. Following this grant, Heyer directly holds 168,332 shares of ARKO common stock, reflecting a routine, compensation-related equity award rather than an open-market purchase or sale.
ARKO Corp. director Sherman Edmiston III received a grant of 437 restricted stock units (RSUs) tied to ARKO common stock. These RSUs are immediately vested, meaning the grant is fully earned, and increase his direct holdings to 98,808 shares on an as-converted basis.
The RSUs will settle into common shares on a one-for-one basis when his service with ARKO ends for any reason, or earlier if there is a change of control of the company. No shares were bought or sold on the open market; this is a compensation-related equity award.
ARKO Corp. director Sherman Edmiston III received a grant of 437 restricted stock units (RSUs) tied to ARKO common stock. These RSUs are immediately vested, meaning the grant is fully earned, and increase his direct holdings to 98,808 shares on an as-converted basis.
The RSUs will settle into common shares on a one-for-one basis when his service with ARKO ends for any reason, or earlier if there is a change of control of the company. No shares were bought or sold on the open market; this is a compensation-related equity award.
ARKO Corp. ownership disclosure: Phoenix Financial Ltd. reports beneficial ownership of 4,983,989 ordinary shares, representing 4.49% of ARKO's outstanding ordinary shares as of March 19, 2026. The filing cites 110,891,325 ordinary shares outstanding as of March 22, 2026.
The shares are held via a partnership within the Phoenix group; the filing states the partnership's ownership rights fluctuate under its partnership agreement and that each subsidiary manages its own voting and investment decisions.
ARKO Corp. ownership disclosure: Phoenix Financial Ltd. reports beneficial ownership of 4,983,989 ordinary shares, representing 4.49% of ARKO's outstanding ordinary shares as of March 19, 2026. The filing cites 110,891,325 ordinary shares outstanding as of March 22, 2026.
The shares are held via a partnership within the Phoenix group; the filing states the partnership's ownership rights fluctuate under its partnership agreement and that each subsidiary manages its own voting and investment decisions.
ARKO Corp. Chief Financial Officer and Executive Vice President Jeff Charles Galagher bought 40,000 shares of ARKO common stock in the open market. The purchases took place on March 17, 2026, at prices ranging from about $5.02 to $5.08 per share.
Following these transactions, Galagher directly owns 40,000 ARKO common shares.
ARKO Corp. Chief Financial Officer and Executive Vice President Jeff Charles Galagher bought 40,000 shares of ARKO common stock in the open market. The purchases took place on March 17, 2026, at prices ranging from about $5.02 to $5.08 per share.
Following these transactions, Galagher directly owns 40,000 ARKO common shares.
ARKO Corp. Chairman, President and CEO Arie Kotler reported equity award activity involving restricted stock units and common shares. On March 5, 2026, he acquired 104,124 restricted stock units through an exercise or conversion of a derivative security at a stated price of $0.0000 per unit, bringing his directly held restricted stock units to 208,249.
The filing shows a corresponding acquisition of 104,124 shares of ARKO common stock at a stated price of $0.0000 per share, with direct common stock holdings reported as 12,334,181 shares following that step. A separate transaction coded "F" reflects a tax-withholding disposition of 25,355 shares of common stock at $6.27 per share, leaving 12,308,826 shares of common stock held directly afterward.
The footnotes explain that each restricted stock unit represents the right to receive one share of common stock on a one-for-one basis, and that these RSUs will vest and convert into common shares in three equal annual installments beginning on March 5, 2026, subject to Kotler’s continued employment or service. The filing also reports 9,452,636 shares of common stock held indirectly through KMG Realty LLC, an entity for which Kotler is the sole member and sole and exclusive beneficiary.
ARKO Corp. Chairman, President and CEO Arie Kotler reported equity award activity involving restricted stock units and common shares. On March 5, 2026, he acquired 104,124 restricted stock units through an exercise or conversion of a derivative security at a stated price of $0.0000 per unit, bringing his directly held restricted stock units to 208,249.
The filing shows a corresponding acquisition of 104,124 shares of ARKO common stock at a stated price of $0.0000 per share, with direct common stock holdings reported as 12,334,181 shares following that step. A separate transaction coded "F" reflects a tax-withholding disposition of 25,355 shares of common stock at $6.27 per share, leaving 12,308,826 shares of common stock held directly afterward.
The footnotes explain that each restricted stock unit represents the right to receive one share of common stock on a one-for-one basis, and that these RSUs will vest and convert into common shares in three equal annual installments beginning on March 5, 2026, subject to Kotler’s continued employment or service. The filing also reports 9,452,636 shares of common stock held indirectly through KMG Realty LLC, an entity for which Kotler is the sole member and sole and exclusive beneficiary.