Arko (ARKO) financial statements
Arko reported revenue of $7.6B in fiscal 2025, up 10.8% a year over 6 years.
Net income was $23M and the operating margin 1.3%, against 0.0% in 2019.
Free cash flow was $65M, and the company returned $14M in dividends and $28M in net buybacks.
The diluted share count rose 72% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Arko's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $4.1B | $4.0B | $7.4B | $9.1B | $9.4B | $8.7B | $7.6B |
| Selling, general and admin | $69M | $94M | $125M | $140M | $165M | $163M | $166M |
| Operating income | $1M | $80M | $142M | $167M | $118M | $94M | $102M |
| Interest expense | $43M | $52M | $74M | $63M | $92M | $98M | $93M |
| Pre-tax income | -$40M | $30M | $71M | $108M | $47M | $27M | $29M |
| Income tax | $6M | -$1M | $12M | $36M | $12M | $6M | $6M |
| Net income | -$44M | $14M | $59M | $72M | $34M | $21M | $23M |
| EPS (diluted) | -$0.65 | $0.15 | $0.42 | $0.53 | $0.24 | $0.13 | $0.15 |
| Diluted shares | 67M | 71M | 125M | 123M | 120M | 117M | 115M |
| Operating margin | 0.0% | 2.0% | 1.9% | 1.8% | 1.3% | 1.1% | 1.3% |
| Net margin | -1.1% | 0.3% | 0.8% | 0.8% | 0.4% | 0.2% | 0.3% |
Balance sheet
Fiscal years, from Arko's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $32M | $294M | $311M | $301M | $222M | $267M | $311M |
| Receivables | — | $47M | $62M | $118M | $135M | $96M | $87M |
| Inventory | — | $164M | $198M | $222M | $251M | $231M | $191M |
| Total current assets | — | $609M | $684M | $747M | $749M | $722M | $718M |
| Property, plant and equipment | — | $492M | $549M | $646M | $743M | $748M | $740M |
| Goodwill | $134M | $174M | $198M | $217M | $292M | $300M | $300M |
| Total assets | — | $2.7B | $2.9B | $3.3B | $3.7B | $3.6B | $3.5B |
| Total current liabilities | — | $387M | $408M | $446M | $486M | $445M | $433M |
| Long-term debt | — | $709M | $677M | $740M | $829M | $868M | $875M |
| Total liabilities | — | $2.4B | $2.6B | $2.9B | $3.3B | $3.2B | $3.2B |
| Shareholders' equity | $195M | $192M | $253M | $281M | $276M | $277M | $267M |
| Net debt | -$32M | $456M | $465M | $453M | $627M | $619M | $607M |
Cash flow
Fiscal years, from Arko's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $43M | $174M | $159M | $209M | $136M | $222M | $193M |
| Capital spending | $58M | $45M | $226M | $99M | $111M | $114M | $127M |
| Free cash flow | -$15M | $129M | -$67M | $111M | $25M | $108M | $65M |
| Stock-based compensation | $516,000 | $2M | $6M | $12M | $15M | $12M | $15M |
| Dividends paid | — | $0 | $0 | $11M | $14M | $14M | $14M |
| Share buybacks (net) | — | $0 | $0 | -$40M | -$34M | -$32M | -$28M |
| Net borrowing | $51M | $570M | $484M | $71M | $100M | $48M | $39M |
| Free cash flow margin | -0.4% | 3.2% | -0.9% | 1.2% | 0.3% | 1.2% | 0.9% |
| Dividends per share | — | — | — | $0.09 | $0.12 | $0.12 | $0.12 |
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Open ARKO in InvestinglyQuestions
What was Arko's revenue in 2025?
$7.6B in fiscal 2025, from its 10-K filing.
How much free cash flow does Arko generate?
$65M in fiscal 2025 (operating cash flow minus capital spending).
From Arko's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.