ARKO Corp. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Earnings per Share

Earnings per Share

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Earnings Per Share

21. Earnings per Share

The following table sets forth the computation of basic and diluted net income per share of common stock:


	For the Year Ended December 31,
	2025		2024		2023
	(in thousands)
Net income attributable to common stockholders	$	16,994	$	15,095	$	28,619

Weighted average common shares outstanding — Basic		113,312		116,139		118,782
Effect of dilutive securities:
RSUs and PSUs		1,664		810		823
Weighted average common shares outstanding — Diluted		114,976		116,949		119,605
Net income per share attributable to common stockholders — Basic	$	0.15	$	0.13	$	0.24
Net income per share attributable to common stockholders — Diluted	$	0.15	$	0.13	$	0.24

The following potential shares of common stock have been excluded from the computation of diluted net income per share because their effect would have been antidilutive:


	As of December 31,
	2025		2024		2023
	(in thousands)
Ares Warrants		—		1,100		1,100
Public and Private Warrants		—		17,333		17,333
Series A redeemable preferred stock		8,658		8,569		8,482
Stock options		1,306		1,306		1,306