ARKO Petroleum's first quarter 2026 revenue beat estimates while profitability grew on strong fuel margin expansion.

ARKO Petroleum Corp. reported first quarter 2026 revenue of $1.34 billion and earnings per share of $0.20, beating sales estimates and meeting profit expectations. Net income grew to $8.1 million from $4.5 million in the prior year period, while Adjusted EBITDA increased to $36.4 million from $30.9 million.

Key Highlights

• Adjusted EBITDA grew 18% year-over-year to $36.4 million, primarily driven by higher fuel margins across all segments.
• The company's "dealerization" strategy progressed, with 41 retail sites converted to the wholesale model in the quarter, bringing the total to 450 conversions since 2024.
• Fuel margin at consignment agent locations expanded significantly to 28.8 cents per gallon, an increase of 5.3 cents from the prior year, attributed to market volatility.
• The company reaffirmed its full-year 2026 guidance for Adjusted EBITDA of approximately $156 million.