Here are the 10-K annual reports from Arko Corp (ARKOW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ARKOW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ARKOW filings page.
ARKO Corp., a large U.S. convenience-store and fuel wholesaler based in Richmond, describes a multi-segment business built around 1,118 retail stores and fuel supply to 2,099 dealer locations as of December 31, 2025. Including wholesale and fleet sites, the network totals 3,512 locations across more than 30 states and Washington, D.C.
The company operates four segments: retail, wholesale, fleet fueling and GPMP. In 2025, retail generated about $4.4 billion of revenue, wholesale about $2.8 billion, and fleet fueling about $483.8 million, with 922.7 million retail gallons and 989.1 million wholesale gallons sold, plus 142.8 million gallons in fleet fueling.
A multi-year Transformation Plan is shifting selected company-operated stores into higher-margin dealer locations. Since mid‑2024 ARKO has converted 409 sites, including 256 in 2025, producing about $11.8 million of incremental operating income before general and administrative expenses in 2025. The plan also emphasizes remodeled “fas craves” food-focused stores, loyalty-driven merchandising, and new-to-industry locations in both retail and fleet fueling.
ARKO completed an IPO of a minority interest in subsidiary ARKO Petroleum Corp. (APC) in February 2026, making APC the primary operating entity for wholesale, fleet fueling and GPMP, while ARKO retains 75.9% of economic interests and 94.0% of combined voting power. Key disclosed risks include fuel price volatility, intense competition from national chains and alternative channels, evolving regulation, litigation and environmental obligations, macroeconomic pressures, geopolitical conflicts, shifts toward electric vehicles, labor constraints and the need to execute acquisitions, dealer conversions and growth projects effectively.