Arko Corp. earlier this month announced that its subsidiary, Arko Petroleum Corp. (“APC”), launched a roadshow for its initial public offering (“IPO”) of its Class A common stock.
Upon the closing on February 13, 2026, APC’s initial public offering of 11,111,111 shares of its Class A common stock were sold at $18.00 per share. In addition, APC granted the underwriters a 30-day option to purchase up to an additional 1,666,666 shares of APC’s Class A common stock to cover over-allotments, if any, at the IPO Price, less underwriting discounts and commissions.
Arko said the total net proceeds from the offering were approximately $183.2 million. APC’s Class A common stock is listed on the Nasdaq Capital Market under the symbol “APC.”
Upon the closing of the IPO, Arko said it owned 35,000,000 shares of APC's Class B common stock, representing 75.9% of the economic interests in APC and 94.0% of the combined voting power of APC’s Class A common stock and Class B common stock (or 73.3% of the economic interests in APC and 93.2% of the combined voting power if the underwriters exercise their over-allotment).
Arko also recently released preliminary estimated financial results for the fourth quarter and the full year ended December 31, 2025.
Based on preliminary, unaudited financial data, full year 2025 net income is expected to be between $19.1 million and $21.3 million, and full year 2025 Adjusted EBITDA is expected to be between $246.0 million and $249.0 million, Arko said.
Fourth quarter 2025 net income is expected to be between a net loss of $1.8 million and net income of $0.4 million. Fourth quarter 2025 Adjusted EBITDA is expected to be between $63.1 million and $66.1 million.
The company said it plans to report its fourth quarter and full year 2025 financial results later this quarter, at which time the company will discuss its 2025 financial results in more detail and provide its outlook for 2026.
At the end of Q3 2025, the retailer said it “advanced its retail store remodeling pilot program, which is designed to elevate the customer experience through improved layouts and a stronger food-forward focus that emphasizes hot grab-and-go breakfast, lunch and snacking, bakery, pizza and an expanded dispensed hot, cold and frozen beverage assortment.” Two remodeled stores reopened in the summer of 2025, and at the time the company said it planned to reopen a third location during the fourth quarter of 2025, with the remaining four stores opening in the first half of 2026.
Arko said locations with fas craves menu include food options such as hot and cold grab-n-go, a roller grill, bakery and expanded dispensed beverages.