ARKO Q2 2023 Earnings — Arko Corp. Revenue & Financial Results | Market Cap Arena

ARKOArko Corp.

$650M

Q2 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$2.5B-2.8% YoY

Gross Profit

$338M13.7% margin

Operating Income

$40M1.6% margin

Net Income

$14M0.6% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+18.2%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

$3M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$3.3B

Stockholders' Equity

$377M

Cash & Equivalents

$220M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.5B	-2.8%
Gross Profit	$338M	$107M	+216.7%
Operating Income	$40M	$48M	-17.8%
Net Income	$14M	$32M	-54.6%

Revenue Segments

Fuel

$2.0B79%

Merchandise Revenue

$485M20%

Other Revenue

$27M1%