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Side-by-side financial comparison of Forafric Global PLC (AFRI) and ARKO Corp. (ARKO). Click either name above to swap in a different company.

ARKO Corp. is the larger business by last-quarter revenue ($1.8B vs $159.7M, roughly 11.2× Forafric Global PLC). ARKO Corp. runs the higher net margin — 0.1% vs -7.5%, a 7.6% gap on every dollar of revenue. ARKO Corp. produced more free cash flow last quarter ($14.9M vs $146.0K).

Forafric Global PLC is an Africa-focused agribusiness operating across the full agricultural value chain, covering staple food production, processing, and distribution. Its core markets are North and West Africa, supplying grain, vegetable oil and essential food commodities to consumer, retail and industrial clients.

ARKO Corp. is a leading U.S. operator of convenience stores and fuel retail locations, primarily serving consumers across multiple states. It offers a wide range of products including fresh food, beverages, daily essentials, and motor fuels, alongside wholesale fuel distribution services for commercial partners.

AFRI vs ARKO — Head-to-Head

Bigger by revenue
ARKO
ARKO
11.2× larger
ARKO
$1.8B
$159.7M
AFRI
Higher net margin
ARKO
ARKO
7.6% more per $
ARKO
0.1%
-7.5%
AFRI
More free cash flow
ARKO
ARKO
$14.8M more FCF
ARKO
$14.9M
$146.0K
AFRI

Income Statement — Q2 2025 vs Q4 2025

Metric
AFRI
AFRI
ARKO
ARKO
Revenue
$159.7M
$1.8B
Net Profit
$-12.0M
$1.9M
Gross Margin
10.7%
Operating Margin
-2.5%
1.2%
Net Margin
-7.5%
0.1%
Revenue YoY
-9.9%
Net Profit YoY
180.9%
EPS (diluted)
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AFRI
AFRI
ARKO
ARKO
Q4 25
$1.8B
Q3 25
$2.0B
Q2 25
$159.7M
$2.0B
Q1 25
$1.8B
Q4 24
$2.0B
Q3 24
$2.3B
Q2 24
$145.6M
$2.4B
Q1 24
$2.1B
Net Profit
AFRI
AFRI
ARKO
ARKO
Q4 25
$1.9M
Q3 25
$13.5M
Q2 25
$-12.0M
$20.1M
Q1 25
$-12.7M
Q4 24
$-2.3M
Q3 24
$9.7M
Q2 24
$-8.6M
$14.1M
Q1 24
$-594.0K
Gross Margin
AFRI
AFRI
ARKO
ARKO
Q4 25
Q3 25
Q2 25
10.7%
Q1 25
Q4 24
Q3 24
Q2 24
9.4%
Q1 24
Operating Margin
AFRI
AFRI
ARKO
ARKO
Q4 25
1.2%
Q3 25
1.8%
Q2 25
-2.5%
2.8%
Q1 25
-0.6%
Q4 24
0.7%
Q3 24
1.8%
Q2 24
-0.9%
1.8%
Q1 24
-0.2%
Net Margin
AFRI
AFRI
ARKO
ARKO
Q4 25
0.1%
Q3 25
0.7%
Q2 25
-7.5%
1.0%
Q1 25
-0.7%
Q4 24
-0.1%
Q3 24
0.4%
Q2 24
-5.9%
0.6%
Q1 24
-0.0%
EPS (diluted)
AFRI
AFRI
ARKO
ARKO
Q4 25
$0.01
Q3 25
$0.10
Q2 25
$0.16
Q1 25
$-0.12
Q4 24
$-0.03
Q3 24
$0.07
Q2 24
$0.11
Q1 24
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFRI
AFRI
ARKO
ARKO
Cash + ST InvestmentsLiquidity on hand
$12.2M
$311.5M
Total DebtLower is stronger
$912.1M
Stockholders' EquityBook value
$5.3M
$267.2M
Total Assets
$246.1M
$3.5B
Debt / EquityLower = less leverage
3.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
ARKO
ARKO
Q4 25
$311.5M
Q3 25
$313.2M
Q2 25
$12.2M
$299.7M
Q1 25
$271.1M
Q4 24
$267.1M
Q3 24
$296.8M
Q2 24
$16.4M
$236.5M
Q1 24
$189.1M
Total Debt
AFRI
AFRI
ARKO
ARKO
Q4 25
$912.1M
Q3 25
$911.6M
Q2 25
$916.4M
Q1 25
$880.1M
Q4 24
$881.0M
Q3 24
$884.7M
Q2 24
$18.4M
$889.9M
Q1 24
$885.0M
Stockholders' Equity
AFRI
AFRI
ARKO
ARKO
Q4 25
$267.2M
Q3 25
$273.1M
Q2 25
$5.3M
$264.8M
Q1 25
$255.2M
Q4 24
$276.9M
Q3 24
$280.0M
Q2 24
$16.3M
$273.1M
Q1 24
$261.2M
Total Assets
AFRI
AFRI
ARKO
ARKO
Q4 25
$3.5B
Q3 25
$3.6B
Q2 25
$246.1M
$3.6B
Q1 25
$3.6B
Q4 24
$3.6B
Q3 24
$3.7B
Q2 24
$287.1M
$3.7B
Q1 24
$3.6B
Debt / Equity
AFRI
AFRI
ARKO
ARKO
Q4 25
3.41×
Q3 25
3.34×
Q2 25
3.46×
Q1 25
3.45×
Q4 24
3.18×
Q3 24
3.16×
Q2 24
1.13×
3.26×
Q1 24
3.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFRI
AFRI
ARKO
ARKO
Operating Cash FlowLast quarter
$706.0K
$44.6M
Free Cash FlowOCF − Capex
$146.0K
$14.9M
FCF MarginFCF / Revenue
0.1%
0.8%
Capex IntensityCapex / Revenue
0.4%
1.7%
Cash ConversionOCF / Net Profit
23.98×
TTM Free Cash FlowTrailing 4 quarters
$65.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
ARKO
ARKO
Q4 25
$44.6M
Q3 25
$49.4M
Q2 25
$706.0K
$55.2M
Q1 25
$43.4M
Q4 24
$22.7M
Q3 24
$109.2M
Q2 24
$10.5M
$77.2M
Q1 24
$12.8M
Free Cash Flow
AFRI
AFRI
ARKO
ARKO
Q4 25
$14.9M
Q3 25
$24.5M
Q2 25
$146.0K
$9.8M
Q1 25
$16.0M
Q4 24
$-13.4M
Q3 24
$79.9M
Q2 24
$6.4M
$57.9M
Q1 24
$-16.5M
FCF Margin
AFRI
AFRI
ARKO
ARKO
Q4 25
0.8%
Q3 25
1.2%
Q2 25
0.1%
0.5%
Q1 25
0.9%
Q4 24
-0.7%
Q3 24
3.5%
Q2 24
4.4%
2.4%
Q1 24
-0.8%
Capex Intensity
AFRI
AFRI
ARKO
ARKO
Q4 25
1.7%
Q3 25
1.2%
Q2 25
0.4%
2.3%
Q1 25
1.5%
Q4 24
1.8%
Q3 24
1.3%
Q2 24
2.8%
0.8%
Q1 24
1.4%
Cash Conversion
AFRI
AFRI
ARKO
ARKO
Q4 25
23.98×
Q3 25
3.67×
Q2 25
2.75×
Q1 25
Q4 24
Q3 24
11.28×
Q2 24
5.49×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AFRI
AFRI

Sales to external customers, Total$159.7M100%
Couscous & Pasta$934.0K1%
Soft Wheat$393.0K0%

ARKO
ARKO

Fuel Products$1.4B79%
Merchandise Products$338.1M19%
Other Product$33.6M2%

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