Arko Corp.
NASDAQ:ARKO
Income Statement
Earnings Waterfall
Arko Corp.
Income Statement
Arko Corp.
| Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Interest Expense |
18
|
18
|
18
|
17
|
17
|
18
|
18
|
18
|
18
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
|
| Revenue |
4 129
N/A
|
4 136
+0%
|
3 831
-7%
|
3 686
-4%
|
4 010
+9%
|
4 595
+15%
|
5 690
+24%
|
6 765
+19%
|
7 417
+10%
|
7 906
+7%
|
8 536
+8%
|
8 951
+5%
|
9 143
+2%
|
9 259
+1%
|
9 187
-1%
|
9 360
+2%
|
9 413
+1%
|
9 397
0%
|
9 316
-1%
|
8 973
-4%
|
8 732
-3%
|
8 488
-3%
|
8 100
-5%
|
7 841
-3%
|
|
| Gross Profit | |||||||||||||||||||||||||
| Cost of Revenue |
(3 485)
|
(3 473)
|
(3 126)
|
(2 951)
|
(3 219)
|
(3 754)
|
(4 804)
|
(5 812)
|
(6 419)
|
(6 875)
|
(7 480)
|
(7 850)
|
(8 003)
|
(8 089)
|
(7 965)
|
(8 103)
|
(8 129)
|
(8 096)
|
(8 010)
|
(7 682)
|
(7 459)
|
(7 239)
|
(6 877)
|
(6 647)
|
|
| Gross Profit |
643
N/A
|
663
+3%
|
705
+6%
|
736
+4%
|
791
+8%
|
841
+6%
|
887
+5%
|
954
+8%
|
998
+5%
|
1 031
+3%
|
1 057
+3%
|
1 101
+4%
|
1 140
+3%
|
1 170
+3%
|
1 223
+5%
|
1 257
+3%
|
1 284
+2%
|
1 301
+1%
|
1 306
+0%
|
1 291
-1%
|
1 272
-1%
|
1 249
-2%
|
1 222
-2%
|
1 194
-2%
|
|
| Operating Income | |||||||||||||||||||||||||
| Operating Expenses |
(642)
|
(659)
|
(661)
|
(671)
|
(711)
|
(739)
|
(787)
|
(831)
|
(856)
|
(882)
|
(906)
|
(939)
|
(973)
|
(1 006)
|
(1 061)
|
(1 111)
|
(1 150)
|
(1 167)
|
(1 174)
|
(1 163)
|
(1 166)
|
(1 151)
|
(1 129)
|
(1 107)
|
|
| Selling, General & Administrative |
(576)
|
(588)
|
(588)
|
(599)
|
(627)
|
(651)
|
(691)
|
(731)
|
(755)
|
(782)
|
(806)
|
(835)
|
(861)
|
(896)
|
(946)
|
(991)
|
(1 025)
|
(1 053)
|
(1 059)
|
(1 049)
|
(1 038)
|
(1 019)
|
(996)
|
(973)
|
|
| Depreciation & Amortization |
(62)
|
(64)
|
(66)
|
(66)
|
(74)
|
(82)
|
(90)
|
(96)
|
(97)
|
(98)
|
(97)
|
(101)
|
(102)
|
(106)
|
(114)
|
(122)
|
(128)
|
(131)
|
(132)
|
(131)
|
(132)
|
(136)
|
(136)
|
(135)
|
|
| Other Operating Expenses |
(4)
|
(8)
|
(7)
|
(6)
|
(9)
|
(7)
|
(6)
|
(5)
|
(4)
|
(3)
|
(3)
|
(4)
|
(10)
|
(5)
|
(1)
|
1
|
3
|
17
|
16
|
17
|
4
|
3
|
2
|
2
|
|
| Operating Income |
1
N/A
|
4
+192%
|
44
+1 058%
|
65
+47%
|
80
+24%
|
102
+26%
|
100
-2%
|
122
+23%
|
142
+16%
|
148
+4%
|
151
+2%
|
162
+7%
|
167
+3%
|
164
-2%
|
162
-1%
|
146
-10%
|
133
-9%
|
134
+1%
|
132
-2%
|
127
-3%
|
106
-17%
|
98
-8%
|
93
-5%
|
88
-5%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||
| Interest Income Expense |
(42)
|
(37)
|
(39)
|
(39)
|
(50)
|
(72)
|
(71)
|
(76)
|
(71)
|
(59)
|
(54)
|
(59)
|
(59)
|
(57)
|
(70)
|
(65)
|
(71)
|
(60)
|
(61)
|
(70)
|
(67)
|
(79)
|
(77)
|
(73)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(14)
|
(20)
|
(15)
|
(30)
|
(24)
|
(22)
|
(12)
|
(10)
|
8
|
7
|
|
| Pre-Tax Income |
(41)
N/A
|
(33)
+18%
|
5
N/A
|
26
+453%
|
30
+17%
|
30
-2%
|
28
-5%
|
47
+65%
|
71
+52%
|
90
+26%
|
97
+8%
|
102
+6%
|
108
+5%
|
100
-7%
|
78
-21%
|
62
-21%
|
47
-24%
|
44
-6%
|
46
+5%
|
35
-25%
|
27
-22%
|
9
-68%
|
24
+182%
|
22
-9%
|
|
| Net Income | |||||||||||||||||||||||||
| Tax Provision |
(6)
|
(8)
|
(9)
|
(9)
|
2
|
0
|
(6)
|
(6)
|
(12)
|
(13)
|
(14)
|
(30)
|
(36)
|
(32)
|
(28)
|
(15)
|
(12)
|
(8)
|
(10)
|
(10)
|
(6)
|
0
|
(9)
|
(4)
|
|
| Income from Continuing Operations |
(47)
|
(41)
|
(5)
|
17
|
32
|
30
|
23
|
41
|
59
|
76
|
83
|
72
|
72
|
67
|
50
|
46
|
35
|
36
|
36
|
24
|
21
|
9
|
15
|
18
|
|
| Income to Minority Interest |
4
|
2
|
(8)
|
(13)
|
(17)
|
(19)
|
(9)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
| Equity Earnings Affiliates |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(44)
N/A
|
(39)
+10%
|
(13)
+67%
|
4
N/A
|
10
+197%
|
5
-54%
|
7
+46%
|
31
+349%
|
54
+70%
|
70
+32%
|
77
+9%
|
66
-14%
|
66
N/A
|
61
-7%
|
44
-28%
|
40
-8%
|
29
-29%
|
31
+7%
|
30
-1%
|
18
-39%
|
15
-18%
|
3
-80%
|
9
+201%
|
13
+42%
|
|
| EPS (Diluted) |
-0.35
N/A
|
-0.3
+14%
|
-0.09
+70%
|
0.04
N/A
|
0.15
+275%
|
0.03
-80%
|
0.05
+67%
|
0.23
+360%
|
0.43
+87%
|
0.56
+30%
|
0.58
+4%
|
0.51
-12%
|
0.54
+6%
|
0.5
-7%
|
0.35
-30%
|
0.34
-3%
|
0.24
-29%
|
0.26
+8%
|
0.26
N/A
|
0.16
-38%
|
0.13
-19%
|
0.02
-85%
|
0.08
+300%
|
0.11
+38%
|
|