Arko (ARKO) Q3 FY2026 earnings: revenue $2.4 billion, up 18.3% on the year

Arko Corp. (ARKO) reported revenue of $2.4 billion for Q3 FY2026, the quarter ended 30 September 2026, up 18.3% on the same quarter a year earlier. Net income was $11 million, down 20.5% on the year, and diluted earnings per share $0.08. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$2.4 billion

+18.3% on the year · +1.9% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

1.5%

1.8% a year earlier

Q4 FY2024Q3 FY2026

Net income

$11 million

-20.5% on the year · +74.9% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.08

-20.0% on the year · +100.0% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 narrowed.

Adjusted EBITDA roughly flat in quarter: Third quarter Adjusted EBITDA was $75.7 million versus $75.2 million a year earlier. Nine-month Adjusted EBITDA rose 8.5% to $198.6 million from $183.0 million.
Full-year EBITDA guidance low end lifted: Management raised the low end of 2026 Adjusted EBITDA guidance to $250 million to $265 million, citing year-to-date performance, current trends and the expected USPP closing.
Same store fuel margin rose: Same store retail fuel margin rose 4.6 cents to 48.8 cents per gallon, which management attributed primarily to significant fuel market volatility from the geopolitical environment. Same store fuel contribution rose 2.7%.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	2,390	2,347	2,021	+1.9%	+18.3%
Operating income	35.2	30.4	35.9	+16.0%	-1.9%
Operating margin	1.5%	1.3%	1.8%
Interest expense	17.8	19.8	23.5	-10.0%	-24.2%
Pre-tax income	24.1	16.4	15.8	+47.3%	+52.8%
Income tax	9.8	6.9	2.4	+41.2%	+313.8%
Effective tax rate	40.6%	42.4%	15.0%
Net income	10.7	6.1	13.5	+74.9%	-20.5%
Net margin	0.4%	0.3%	0.7%
Diluted EPS	$0.08	$0.04	$0.10	+100.0%	-20.0%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	29.9	42.2	49.4	-29.2%	-39.5%
Capital expenditure	41.4	33.3	24.9	+24.2%	+66.1%
Free cash flow	-11.5	8.9	24.5
Free cash flow margin	-0.5%	0.4%	1.2%
Cash from investing	-34.0	-28.3	-23.3
Cash from financing	-59.5	-42.4	-16.9
Depreciation and amortisation	32.8	32.2	32.9	+1.8%	-0.6%
Share-based compensation	4.9	6.1	3.9	-19.5%	+26.5%
Buybacks	0.1	0.2	4.2	-75.9%	-98.8%
Dividends paid	3.4	3.4	3.4	0.0%	-0.4%
Diluted shares, weighted	116m	116m	115m	-0.0%	+0.6%
Shares outstanding at period end	112m	112m	112m	-0.0%	-0.2%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	413	402	273	+2.6%	+51.1%
Non-controlling interest	66.2	68.7	n/a	-3.6%
Redeemable equity	100	100	100	0.0%	0.0%
Debt	625	675	912	-7.4%	-31.5%
Operating lease liabilities	1,357	1,376	1,390	-1.4%	-2.4%
Finance lease liabilities	195	196	200	-0.8%	-2.6%
Other liabilities	771	739	712	+4.3%	+8.3%
Total liabilities and equity	3,527	3,557	3,587	-0.8%	-1.7%
Fixed assets	779	759	733	+2.5%	+6.2%
Goodwill	300	300	300	0.0%	0.0%
Intangible assets	143	149	166	-3.7%	-13.4%
Investments	8.3	8.2	6.3	+2.1%	+32.4%
Cash and equivalents	184	246	307	-25.1%	-40.1%
Receivables	188	151	112	+24.7%	+67.7%
Inventory	223	208	202	+6.8%	+10.1%
Other assets	1,702	1,736	1,760	-1.9%	-3.3%
Total assets	3,527	3,557	3,587	-0.8%	-1.7%

Questions

What was Arko's revenue in Q3 FY2026?

Arko (ARKO) reported revenue of $2.4 billion for Q3 FY2026, the quarter ended 30 September 2026, up 18.3% on the same quarter a year earlier.

How much did Arko earn in Q3 FY2026?

Net income for Q3 FY2026 was $11 million, down 20.5% on the year, and diluted earnings per share $0.08.

When did Arko report Q3 FY2026 results?

Arko filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	1,988	1,973	2,540	2,450	2,180	2,088	2,469	2,622	2,233	2,072	2,388	2,279	1,992	1,829	2,000	2,021	1,794	1,772	2,347	2,390
Operating income	28.4	19.3	48.3	65.7	33.7	9.0	39.7	44.1	25.3	-4.9	42.9	41.6	14.4	-11.8	56.7	35.9	21.5	10.0	30.4	35.2
Operating margin	1%	1%	2%	3%	2%	0%	2%	2%	1%	-0%	2%	2%	1%	-1%	3%	2%	1%	1%	1%	1%
Interest expense	11.2	17.1	16.3	22.5	6.7	20.8	22.6	23.9	24.2	24.5	24.8	26.8	21.8	23.3	23.2	23.5	22.8	20.7	19.8	17.8
Pre-tax income	12.2	3.3	40.9	45.9	17.4	-4.6	19.5	29.5	2.4	-7.3	21.6	17.9	-5.3	-25.6	37.2	15.8	1.6	-8.1	16.4	24.1
Tax rate	-5%	30%	22%	45%	26%	n/a	26%	27%	55%	n/a	35%	46%	n/a	n/a	46%	15%	-12%	n/a	42%	41%
Net income	12.9	2.2	31.8	24.9	12.8	-2.6	14.4	21.4	1.1	-0.6	14.1	9.7	-2.3	-12.7	20.1	13.5	1.9	-6.6	6.1	10.7
Net margin	1%	0%	1%	1%	1%	-0%	1%	1%	0%	-0%	1%	0%	-0%	-1%	1%	1%	0%	-0%	0%	0%
Diluted EPS	$0.11	$0.00	$0.24	$0.17	$0.12	-$0.03	$0.11	$0.17	$0.00	-$0.02	$0.11	$0.07	-$0.03	-$0.12	$0.16	$0.10	$0.00	-$0.07	$0.04	$0.08
Operating cash flow	39.6	30.1	42.1	67.6	69.5	15.9	30.1	32.8	57.3	12.8	77.2	109	22.7	43.4	55.2	49.4	44.6	18.7	42.2	29.9
Capital expenditure	178	20.7	24.5	27.7	25.7	23.4	26.7	25.6	35.6	29.2	19.3	29.3	36.1	27.4	45.3	24.9	29.6	30.3	33.3	41.4
Free cash flow	-138	9.4	17.6	39.9	43.8	-7.5	3.4	7.3	21.7	-16.5	57.9	79.9	-13.4	16.0	9.8	24.5	14.9	-11.6	8.9	-11.5
Buybacks	0.0	13.1	27.0	0.0	0.0	2.3	11.3	11.6	8.5	31.9	0.1	0.0	0.0	7.4	9.2	4.2	7.2	4.3	0.2	0.1
Dividends paid	0.0	2.5	2.4	2.4	3.6	3.6	3.6	3.6	3.5	3.6	3.5	3.5	3.5	3.5	3.4	3.4	3.3	3.4	3.4	3.4
Shares outstanding	124m	123m	120m	120m	120m	120m	119m	117m	116m	116m	116m	116m	116m	115m	113m	112m	111m	112m	112m	112m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.