ARKO ARKO Corp.

BULLISH Impact: 7/10 8-K
Horizon weeks Filed May 7, 2026 Processed 16d 15h ago SEC 0001193125-26-210353
8-K Item 2.02: Earnings release
Latest settled — T+5d
ARKO ▲ +3.43% at T+5d
LONG call ✓ call won +3.43% · α vs SPY +1.92% · entry $6.71 → $6.94
Next anchor: T+20d in 12d
Last close $7.63 (close May 22) · +13.71% from $6.71 entry
Entry anchored
May 7, 2026
via day open
T+1d
+2.38%
call +2.38% · α +1.55%
$6.87
settled 16d ago
T+5d
+3.43%
call +3.43% · α +1.92%
$6.94
settled 10d ago
T+20d
call — · α —
in 12d
T+60d
call — · α —
in 2mo

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Executive Summary

ARKO Corp. reported Q1 2026 results with a net loss of $5.6M, significantly improved from a $12.7M loss a year ago, driven by a 65.1% surge in Adjusted EBITDA to $50.9M. Same-store fuel margins expanded sharply, and the company maintained its full-year 2026 Adjusted EBITDA guidance of $245M-$265M, while continuing its dealerization strategy and benefiting from the recent APC IPO debt paydown.

Key Financial Metrics

Free Cash Flow
-$10.7M

Actionable Insight

The sharp improvement in same-store fuel margins and Adjusted EBITDA, combined with the balance sheet de-levering from the APC IPO, signals a structural turnaround. Traders should watch for continued dealerization progress and whether the strong March trends sustain into Q2.

Key Facts

  • Net loss improved to $5.6M from $12.7M YoY
  • Adjusted EBITDA surged 65.1% to $50.9M from $30.9M
  • Same-store fuel margin expanded to 48.0 cents/gallon from 38.7 cents/gallon
  • Merchandise margin improved to 33.9% from 33.2%
  • Full-year 2026 Adjusted EBITDA guidance maintained at $245M-$265M
  • APC IPO net proceeds of $206.8M used to reduce debt; net debt fell to ~$432M
  • Converted 41 retail stores to dealer locations in Q1; 450 total since program inception
  • Quarterly dividend of $0.03/share declared

Financial Impact

Adjusted EBITDA increased 65.1% YoY to $50.9M; net loss narrowed by $7.1M to $5.6M

Adjusted EBITDAnet lossfuel marginsmerchandise marginsdebt levels

Risk Factors

  • Revenue declined 3.1% YoY to $1.77B due to store conversions, masking underlying operational improvements
  • Same-store merchandise sales excluding cigarettes only grew 0.4%, indicating still-weak consumer demand
  • Full-year guidance was not raised despite the strong Q1 beat, suggesting management sees Q1 as potentially non-repeatable

Market Snapshot

Exchange
Nasdaq
Sector
Retail-Convenience Stores
Analyst Consensus
88% bullish (8 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-210353
Document: arko-20260507.htm0001193125-26-210353
Document: 0001193125-26-210353-index-headers.html0001193125-26-210353
Document: 0001193125-26-210353-index.html0001193125-26-210353
Document: 0001193125-26-210353.txt0001193125-26-210353
8-K Data (Synthetic)0001193125-26-210353
4 reports for ARKO
Performance horizon
Filters
Rows
Reports for ARKO — sortable, filterable
Type Now
May 7, 2026
16d ago
8-K
BULLISH ★ 7/10
$6.71 $6.94▲ +3.43%▲ +1.92%$7.63 (+13.71%)
Apr 20, 2026
4w ago
DEFA14A
NEUTRAL ★ 2/10
$6.98 $6.49▼ −7.02%▼ −7.93%$7.63 (+9.31%)
Mar 16, 2026
9w ago
Press Release
NEUTRAL ★ 3/10
$5.06 $5.59▲ +10.47%▲ +13.13%$7.63 (+50.79%)
Feb 25, 2026
12w ago
8-K
MIXED ★ 7/10
$5.89 $6.37▲ +8.11%▲ +9.21%$7.63 (+29.55%)
Showing 4 of 4

US Market Status

Market Closed — Opens Tue (34h 52m)

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