Skip to main content

ARKO Corp

For the period ended Mar 31, 2025. Filed May 8, 2025.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 8, 2025

ARKO$3.97+2.8%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Table of Contents

Page
PART I. FINANCIAL INFORMATION
Item 1.Financial Statements5
Condensed Consolidated Balance Sheets as of March 31, 2025 and December 31, 2024 (unaudited)5
Condensed Consolidated Statements of Operations for the three months ended March 31, 2025 and 2024 (unaudited)6
Condensed Consolidated Statements of Changes in Equity for the three months ended March 31, 2025 and 2024 (unaudited)7
Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2025 and 2024 (unaudited)8
Notes to Condensed Consolidated Financial Statements (unaudited)11
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations21
Item 3.Quantitative and Qualitative Disclosures About Market Risk35
Item 4.Controls and Procedures35
PART II. OTHER INFORMATION
Item 1.Legal Proceedings36
Item 1A.Risk Factors36
Item 2.Unregistered Sales of Equity Securities, and Use of Proceeds36
Item 3.Defaults Upon Senior Securities36
Item 4.Mine Safety Disclosures36
Item 5.Other Information36
Item 6.Exhibits37
Signatures38

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (“PSLRA”), Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include statements about our expectations, beliefs or intentions regarding our business, financial condition, results of operations, strategies or prospects. You can identify forward-looking statements by the fact that these statements do not relate strictly to historical or current matters. Rather, forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause our actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause our actual activities or results to differ materially from the activities and results anticipated in forward-looking statements. These factors include those described below and in “Item 1A-Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2024 and this Quarterly Report on Form 10-Q, and described from time to time in our other filings with the Securities and Exchange Commission (the “SEC”). We do not undertake any obligation to update forward-looking statements, except to the extent required by applicable law. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA. These forward-looking statements are only predictions and reflect our views as of the date they are made with respect to future events and financial performance.

Risks and uncertainties, the occurrence of which could adversely affect our business, include the following:

changes in economic conditions, tax or trade policies, and consumer confidence in the United States;

our ability to successfully achieve the anticipated benefits of the planned conversion of certain retail stores within our retail segment to dealer sites within our wholesale segment;

our ability to successfully implement our growth strategies;

significant changes in the current consumption of, and related regulations and litigation related to, cigarettes and other tobacco products;

changes in the wholesale prices of motor fuel;

significant changes in demand for fuel-based modes of transportation and for trucking services;

the highly competitive fragmented industry in which we operate, characterized by many similar competing products and services;

our ability to make acquisitions and divestitures on economically acceptable terms;

our ability to successfully integrate acquired operations or otherwise realize the expected benefits from our acquisitions;

negative events or developments associated with branded motor fuel suppliers;

we depend on several principal suppliers for our fuel purchases, third-party transportation providers for the transportation of most of our motor fuel and one principal supplier for merchandise;

a significant portion of our revenue is generated under fuel supply agreements with dealers that must be renegotiated or replaced periodically;

the retail sale, distribution, transportation and storage of motor fuels is subject to environmental protection and operational safety laws and regulations that may expose us or our customers to significant costs and liabilities;

failure to comply with applicable laws and regulations;

the loss of key senior management personnel or the failure to recruit or retain qualified personnel;

unfavorable weather conditions;

our ability to effectively manage our workforce;

payment-related risks that may result in higher operating costs or the inability to process payments;

significant disruptions of information technology systems, breaches of data security or compromised data;

evolving laws, regulations, standards, and contractual obligations related to data privacy and security regulations, and our actual or perceived failure to comply with such obligations;

our failure to adequately secure, maintain, and enforce our intellectual property rights and third-party claims of infringement upon their intellectual property rights;

our operations present risks which may not be fully covered by insurance;

our variable rate debt;

the agreements governing our indebtedness contain various restrictions and financial covenants;

our corporate structure includes Israeli entities that may expose us to additional tax liabilities;

the market price and trading volume of our common stock may be volatile and could decline significantly; and

sales of a substantial number of shares of our common stock in the public market could cause the prices of our common stock to decline.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.