M&A
confidence high
sentiment positive
materiality 0.85
ARKO Q2 net income $9.4M; APC to acquire USPP for $205M cash + $30M stock
ARKO Corp.
- Q2 net income $9.4M vs $20.1M; prior year included $20.8M non-cash sale-leaseback gain.
- Q2 adjusted EBITDA $72.0M vs $76.9M; H1 adjusted EBITDA $122.9M, up 14.0% YoY.
- Merchandise margin up 110 bps to 34.7%; same store fuel margin 48.7 cpg vs 45.7 cpg.
- APC to acquire USPP for $205M cash + $30M escrowed stock; adds ~280M gallons/yr, 400+ dealers.
- Reaffirms FY2026 guidance; acquisition adds ~$30M annualized adjusted EBITDA.