earnings
confidence high
sentiment positive
materiality 0.75
ARKO Corp. Q4 net income $1.9M (vs loss $2.3M); FY net income up 9.1% to $22.7M; APC IPO closed
ARKO Petroleum Corp.
- Q4 net income $1.9M vs net loss of $2.3M; full-year net income up 9.1% to $22.7M.
- Q4 adjusted EBITDA up 15.6% to $65.7M; full-year adjusted EBITDA $248.7M, above original guidance midpoint.
- Merchandise margin rose to 34.4% (Q4) and 33.7% (FY); retail fuel margin improved to 44.5¢/gal (Q4) and 42.8¢/gal (FY).
- APC IPO completed Feb 13, 2026: 11.1M shares at $18.00, raising ~$184M to reduce debt; ARKO retains 75.9% economic interest.
- Store conversions: 256 sites in 2025 (409 total); cumulative annualized operating income benefit >$20M plus >$10M G&A savings expected.