Arko Holdings

What Arko Holdings does

ARKO Corp. (NASDAQ: ARKO) is a Fortune 500, vertically integrated convenience store operator and fuel wholesaler headquartered in Richmond, Virginia, with operating subsidiaries GPM Investments and ARKO Petroleum Corp. The company operates more than 3,500 convenience stores and gas stations under more than 25 regional store brands — collectively marketed as its "Family of Community Brands" — spanning more than 30 U.S. states plus the District of Columbia. Retail locations offer prepared foods, beer, snacks, candy, hot and cold beverages, and multiple quick-serve restaurant brands. Beyond the retail storefront, ARKO runs a wholesale fuel distribution business serving independent dealers and consignment agents, a fleet fueling segment operating proprietary and third-party cardlock locations under proprietary fuel cards providing nationwide network access, and a GPM Petroleum (GPMP) segment that handles inter-segment wholesale fuel distribution to substantially all company sites selling fuel.

The business is structured as a platform-plus-regional-brands model with no proprietary technology disclosed as core differentiation; the fas REWARDS® mobile loyalty application represents the company's primary digital/customer-facing technology asset, having delivered more than $3.75 million in customer fuel savings to date. Revenue mechanics are diversified across retail fuel and merchandise sales, wholesale fuel supply to independent dealers, fleet fueling commissions from cardlock transactions and proprietary fuel cards, and inter-segment GPMP wholesale fuel distribution. The go-to-market combines B2C retail through owned physical storefronts, B2B wholesale supply to dealer networks, and B2B enterprise fleet fueling via direct sales and card programs. Customer segments include individual retail consumers (primary), independent fuel dealers, and commercial fleet operators. The company completed its own NASDAQ IPO in 2020 and in February 2026 completed the IPO of subsidiary ARKO Petroleum Corp. (APC), which houses the wholesale, fleet fueling, and GPMP segments, effectively unlocking a distinct publicly traded pure-play fuel platform within the parent structure.

Financial trend evidence from the supplied financials indicates revenue contracted from approximately $9.1B in 2022 to approximately $6.5B in 2025, while EBITDA moderated from ~$282M to ~$233M over the same period and net income fell from ~$72M to ~$23M. (Note: supplied revenue and P&L line items appear to carry a formatting anomaly with extra zeros; the magnitudes used here correspond to the realistic Fortune 500 convenience-store scale implied by EBITDA and headcount.) Headcount is reported in the 5,001–10,000 range, consistent with operating a 3,500-store network plus fuel logistics operations.

Name

Arko Holdings

Legal name

ARKO Corp.

Website

https://arkocorp.com

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

ARKO Corp. is a Fortune 500, vertically integrated convenience store operator and fuel wholesaler running 3,500+ locations under 25+ regional brands across 30+ U.S. states, with retail, wholesale fuel, fleet fueling, and a recently IPO'd petroleum subsidiary.

Ownership category

akta.pro rank

Product category

Convenience Store and Fuel Retail/Wholesale

NAICS

Gasoline Stations with Convenience Stores (45711), Fuel Dealers (45721), Petroleum Bulk Stations and Terminals (424710)

SIC

Retail-Auto Dealers & Gasoline Stations (5500), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Convenience Retail & Foodservice at Forecourts (C-Store/QSR) (EUALAIAE)

akta.pro secondary industries

Retail Service Station Operations (Company-Owned & Dealer-Operated) (EUALAIAA), Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery) (EUALAIAD), Fuel Pricing, Loyalty & Payments Platforms (POS, Mobile Pay, Fleet Cards, Loyalty Programs) (EUALAIAK)

Keywords

• Convenience store operations
• Fuel wholesale distribution
• Fleet fueling services
• Retail fuel sales
• Petroleum supply

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Retail Convenience Store Operations: Operating retail convenience stores under more than 25 regional store brands offering prepared foods, beer, snacks, candy, hot and cold beverages, and quick serve restaurant brands.
2. Wholesale Fuel Distribution: Supplying fuel to independent dealers and consignment agents.
3. Fleet Fueling: Operation of proprietary and third-party cardlock locations (unstaffed fueling locations), and commissions from sales of fuel using proprietary fuel cards providing access to a nationwide network of fueling sites.
4. GPM Petroleum Segment: Engages in inter-segment transactions related to wholesale distribution of fuel to substantially all sites that sell fuel in the retail, wholesale and fleet fueling segments. ARKO Petroleum Corp. (APC) completed its IPO in February 2026.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

ARKO Corp. operates a network of more than 3,500 retail convenience stores across 30+ U.S. states under the Family of Community Brands, selling prepared foods, beverages, snacks, and fuel. The company also supplies fuel wholesale to independent dealers and consignment agents, operates cardlock locations with proprietary fuel cards for commercial fleet customers, and runs inter-segment petroleum distribution through subsidiary ARKO Petroleum Corp.

Product overview

ARKO Corp. operates as a Fortune 500 convenience store operator and fuel wholesaler with a platform-plus-regional-brands model. The company operates its retail segment through more than 25 regional store brands under the Family of Community Brands, offering prepared foods, beverages, snacks, and quick serve restaurant options. Its wholesale segment distributes fuel to independent dealers, while the fleet fueling segment manages cardlock locations and proprietary fuel cards. GPM Petroleum (via subsidiary ARKO Petroleum Corp.) handles inter-segment fuel distribution. The company also offers the fas REWARDS® mobile app for customer loyalty and fuel savings programs.

Differentiator

Problem solved

Functional benefit

Brands

• Family of Community Brands: Highly recognizable community convenience store brands offering prepared foods, beer, snacks, candy, hot and cold beverages, and quick serve restaurant brands
• GPM Investments
• ARKO Petroleum Corp.

Products and services

• Retail Convenience Stores (Family of Community Brands) Operates more than 25 regional convenience store brands across the District of Columbia and more than 30 states, offering prepared foods, beer, snacks, candy, hot and cold beverages, and multiple quick serve restaurant brands to retail consumers.
• Wholesale Fuel Distribution Supplies fuel to independent dealers and consignment agents through the wholesale segment for resale at their own fuel retail locations.
• Fleet Fueling / Cardlock Operations Operates proprietary and third-party cardlock locations (unstaffed fueling locations) and earns commissions from sales of fuel using proprietary fuel cards that provide commercial fleet customers access to a nationwide network of fueling sites.
• GPM Petroleum / ARKO Petroleum Corp. Primary operating entity for the wholesale distribution of fuel to substantially all ARKO sites that sell fuel in the retail, wholesale, and fleet fueling segments. Completed IPO in February 2026.
• fas REWARDS App Mobile loyalty application providing customers fuel savings through cents-off fuel rewards and the Fueling America's Future campaign, which has saved customers more than $3.75 million on fuel.

Quantifiable outcome

• Named to Fortune 500 List for fourth consecutive year (2022-2025)

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Apollo PowercoreStrategic or Co-development Partner · 17 November 2025Strategic partnership to deploy solar energy solutions at ARKO's network of over 3,500 gas stations and convenience stores across the U.S. The initiative involves a project valued at approximately $53 million to implement solar systems at no fewer than 300 sites, aiming to reduce electricity costs and enhance asset performance.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Sunoco LP: Master limited partnership engaged in wholesale motor fuel distribution and ~7,000 retail sites across the U.S. Highly comparable to ARKO's wholesale fuel, fleet fueling, and GPM Petroleum segments.
• Murphy USA: U.S. Fortune 500 retailer of gasoline and convenience merchandise with ~1,750 stores, predominantly Walmart-adjacent. Directly comparable to ARKO's fuel-led c-store model and similar low-cost operating philosophy.
• Casey's General Stores: U.S. c-store chain with ~2,900 stores across the Midwest and South, operating company-owned stores with prepared food, fuel, and ancillary services. Direct peer to ARKO's retail convenience segment with overlapping geography and similar inside-store/fuel mix.
• Global Partners LP: Northeast-based wholesale and retail fuel distributor with ~1,500 sites including c-stores and gas terminals. Comparable to ARKO on the wholesale fuel supply and convenience retail dimensions, with regional overlap.

Broad incumbents

• Pilot Travel Centers (Berkshire Hathaway): Largest travel-center operator in North America with 875+ locations offering fuel, food, and retail. Competes with ARKO's fleet-fueling cardlock operations and serves overlapping commercial driver customer base.
• 7-Eleven, Inc. (Seven & i Holdings): Largest c-store operator in the U.S. with ~13,000 stores post-Speedway acquisition. Closely overlaps ARKO's retail footprint and competes for prepared-food, beverage, and fuel customers nationwide.
• BP plc (TravelCenters of America / ampm): Global integrated oil major with U.S. retail fuel and travel center operations, including the 2023 acquisition of TravelCenters of America and the ampm convenience network. Overlaps ARKO in branded fuel supply and downstream retail strategy.
• Alimentation Couche-Tard (Circle K): Canadian multinational operating the global Circle K network of ~16,700 c-stores including 7,000+ in the U.S. Larger incumbents competing directly with ARKO on fuel pricing, loyalty (Inner Circle), and proprietary foodservice.

Regional players

• RaceTrac, Inc. Private c-store and fuel retailer operating ~750 company-owned stores across the Southeastern and Southwestern U.S. Comparable model and footprint overlap with ARKO's regional brand portfolio.
• Wawa, Inc. Private Mid-Atlantic and Florida c-store chain (~1,100 stores) famous for prepared foods and loyalty. Overlaps ARKO in the Mid-Atlantic/Southeast footprint but is privately held and does not compete outside its region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ArkoInvestors
• LinkedInlinkedin.com/company/arko-corp-us

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arko Holdings