Arko to Open 20 New-to-Industry Fleet Fueling Sites in 2026

The openings are part of the company’s ongoing transformation plan.

February 26, 2026

This week, Arko Corp. released its financial results for the fourth quarter and the full year ended December 31, 2025.

For the full year 2025, the company reported:

  • A 9.1% year-over-year net income increase to $22.7 million compared to $20.8 million in 2024
  • Adjusted EBITDA of $248.7 million compared to $248.9 million in 2024, which is above the mid-point of the company’s original guidance of $233.0 million to $253.0 million announced at the beginning of 2025
  • Merchandise margin increased to 33.7% compared to 32.8% in 2024
  • Retail fuel margin increased to 42.8 cents per gallon compared to 39.6 cents per gallon in 2024

For the fourth quarter of 2025, the company reported:

  • Net income for the quarter increased to $1.9 million compared to a net loss of $2.3 million year over year (YOY)
  • Adjusted EBITDA for the quarter increased 15.6% to $65.7 million compared to $56.8 million YOY
  • Merchandise margin for the quarter increased to 34.4% compared to 33.0% YOY
  • Retail fuel margin for the quarter increased to 44.5 cents per gallon compared to 38.7 cents per gallon YOY

As part of the company’s ongoing transformation plan, Arko said it converted 62 retail stores to dealer locations during the fourth quarter and completed 256 store conversions for the year, bringing total conversions since the program’s inception in the middle of 2024 to 409 sites.

“The company has approximately 120 additional sites committed either under letter of intent, under contract or already converted since December 31, 2025. The company expects to complete these conversions, along with additional conversions, by the end of 2026. The company continues to expect that, at scale, its channel optimization will deliver a cumulative annualized operating income benefit of more than $20 million, before G&A savings,” Arko said.

The company is also planning 20 new-to-industry fleet fueling locations with target openings during 2026, 10 of which the company said it is currently advancing.

Earlier this month, the company’s subsidiary Arko Petroleum Corp. completed its initial public offering of 11,111,111 shares of its Class A common stock at $18.00 per share (“APC IPO”). The company said it owns 35,000,000 shares of APC’s Class B common stock, representing 75.9% of the economic interests in APC. APC is the primary operating entity for the company’s wholesale, fleet fueling and GPMP segments.

The company reported that it applied the approximately $184 million of proceeds from the APC IPO to reduce debt and enhance financial flexibility.

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