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How Arko (ARKO) makes money

Arko (ARKO) made $2.4B of revenue in the third quarter 2026 (Q3 2026), +18% from a year earlier. Fuel Products brought in $2.0B (84%); Merchandise Products brought in $351M (15%); Other Product brought in $32.3M (1%). Of every dollar of revenue, 1¢ was left as operating profit, 0¢ was left as net earnings.

Drawing the Sankey…

Arko revenue by segment, Q3 2026Arko revenue by segment, Q3 2026Fuel Products$2.0BMerchandise Products$351MOther Product$32.3M
Arko: revenue by line, Q1 2025 to Q3 2026Arko: revenue by line, Q1 2025 to Q3 2026Fuel ProductsMerchandise ProductsOther ProductFuel Products: $2.0B latest$2.0BMerchandise Products: $351M latest$351MOther Product: $32.3M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Fuel Products went from 79% of revenue in Q1 2025 to 84% in Q3 2026, the largest shift in the mix.
Arko revenue by quarterArko revenue by quarter$1.8BQ1 2025$2.0BQ2 2025$2.0BQ3 2025$1.8BQ4 2025$1.8BQ1 2026$2.3BQ2 2026$2.4BQ3 2026
Arko: where each dollar of revenue goesArko: where each dollar of revenue goesOperating profit1¢Income tax0¢Net earnings0¢Operating cash flow1¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Fuel Products$2.0B84.0%+2%+25%
Merchandise Products$351M14.7%+1%-10%
Other Product$32.3M1.3%-3%+4%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$2.4B100.0%
Operating profit$35.2M1.5%
Income tax$9.8M0.4%
Net earnings$10.7M0.4%
Operating cash flow$29.9M1.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$2.4B+18%
Q2 2026$2.3B+17%
Q1 2026$1.8B-3%
Q4 2025$1.8B-10%
Q3 2025$2.0B-11%
Q2 2025$2.0B-16%
Q1 2025$1.8B-12%

From Arko's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Arko make money?

Arko (ARKO) made $2.4B of revenue in the third quarter 2026 (Q3 2026), +18% from a year earlier. Fuel Products brought in $2.0B (84%); Merchandise Products brought in $351M (15%); Other Product brought in $32.3M (1%). Of every dollar of revenue, 1¢ was left as operating profit, 0¢ was left as net earnings.

What is Arko's biggest business?

Fuel Products: $2.0B in the third quarter 2026, 84% of revenue, +25% from a year earlier.

What is Arko's profit margin?

Net earnings were $10.7M, 0.4% of revenue, in the third quarter 2026; the operating margin was 1.5%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.