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Side-by-side financial comparison of ARKO Corp. (ARKO) and Academy Sports & Outdoors, Inc. (ASO). Click either name above to swap in a different company.
ARKO Corp. is the larger business by last-quarter revenue ($1.8B vs $1.4B, roughly 1.3× Academy Sports & Outdoors, Inc.). Academy Sports & Outdoors, Inc. runs the higher net margin — 5.2% vs 0.1%, a 5.1% gap on every dollar of revenue. On growth, Academy Sports & Outdoors, Inc. posted the faster year-over-year revenue change (3.0% vs -9.9%). ARKO Corp. produced more free cash flow last quarter ($14.9M vs $-13.6M). Over the past eight quarters, ARKO Corp.'s revenue compounded faster (-7.0% CAGR vs -12.2%).
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.
Academy Sports + Outdoors is an American sporting-goods store chain with corporate offices in the Katy Distribution Center in unincorporated western Harris County, Texas, United States, near Katy and west of Houston. For 74 years, it was a privately held company owned by the Gochman family, until its May 2011 acquisition by Kohlberg Kravis Roberts. In October 2020, it was listed on NASDAQ.
ARKO vs ASO — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $1.4B |
| Net Profit | $1.9M | $71.6M |
| Gross Margin | — | 35.7% |
| Operating Margin | 1.2% | 7.3% |
| Net Margin | 0.1% | 5.2% |
| Revenue YoY | -9.9% | 3.0% |
| Net Profit YoY | 180.9% | 8.8% |
| EPS (diluted) | $0.01 | $1.05 |
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.
| Q4 25 | $1.8B | $1.4B | ||
| Q3 25 | $2.0B | $1.6B | ||
| Q2 25 | $2.0B | $1.4B | ||
| Q1 25 | $1.8B | $1.7B | ||
| Q4 24 | $2.0B | $1.3B | ||
| Q3 24 | $2.3B | $1.5B | ||
| Q2 24 | $2.4B | $1.4B | ||
| Q1 24 | $2.1B | $1.8B |
| Q4 25 | $1.9M | $71.6M | ||
| Q3 25 | $13.5M | $125.4M | ||
| Q2 25 | $20.1M | $46.1M | ||
| Q1 25 | $-12.7M | $133.6M | ||
| Q4 24 | $-2.3M | $65.8M | ||
| Q3 24 | $9.7M | $142.6M | ||
| Q2 24 | $14.1M | $76.5M | ||
| Q1 24 | $-594.0K | $168.2M |
| Q4 25 | — | 35.7% | ||
| Q3 25 | — | 36.0% | ||
| Q2 25 | — | 34.0% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | — | 34.0% | ||
| Q3 24 | — | 36.1% | ||
| Q2 24 | — | 33.4% | ||
| Q1 24 | — | 33.3% |
| Q4 25 | 1.2% | 7.3% | ||
| Q3 25 | 1.8% | 10.8% | ||
| Q2 25 | 2.8% | 5.1% | ||
| Q1 25 | -0.6% | 9.2% | ||
| Q4 24 | 0.7% | 6.8% | ||
| Q3 24 | 1.8% | 12.3% | ||
| Q2 24 | 1.8% | 7.5% | ||
| Q1 24 | -0.2% | 11.4% |
| Q4 25 | 0.1% | 5.2% | ||
| Q3 25 | 0.7% | 7.8% | ||
| Q2 25 | 1.0% | 3.4% | ||
| Q1 25 | -0.7% | 8.0% | ||
| Q4 24 | -0.1% | 4.9% | ||
| Q3 24 | 0.4% | 9.2% | ||
| Q2 24 | 0.6% | 5.6% | ||
| Q1 24 | -0.0% | 9.4% |
| Q4 25 | $0.01 | $1.05 | ||
| Q3 25 | $0.10 | $1.85 | ||
| Q2 25 | $0.16 | $0.68 | ||
| Q1 25 | $-0.12 | $1.85 | ||
| Q4 24 | $-0.03 | $0.92 | ||
| Q3 24 | $0.07 | $1.95 | ||
| Q2 24 | $0.11 | $1.01 | ||
| Q1 24 | $-0.02 | $2.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $311.5M | $289.5M |
| Total DebtLower is stronger | $912.1M | — |
| Stockholders' EquityBook value | $267.2M | $2.1B |
| Total Assets | $3.5B | $5.4B |
| Debt / EquityLower = less leverage | 3.41× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $311.5M | $289.5M | ||
| Q3 25 | $313.2M | $300.9M | ||
| Q2 25 | $299.7M | $285.1M | ||
| Q1 25 | $271.1M | $288.9M | ||
| Q4 24 | $267.1M | $296.0M | ||
| Q3 24 | $296.8M | $324.6M | ||
| Q2 24 | $236.5M | $378.1M | ||
| Q1 24 | $189.1M | $347.9M |
| 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 | $889.9M | — | ||
| Q1 24 | $885.0M | — |
| Q4 25 | $267.2M | $2.1B | ||
| Q3 25 | $273.1M | $2.1B | ||
| Q2 25 | $264.8M | $1.9B | ||
| Q1 25 | $255.2M | $2.0B | ||
| Q4 24 | $276.9M | $2.0B | ||
| Q3 24 | $280.0M | $2.0B | ||
| Q2 24 | $273.1M | $1.9B | ||
| Q1 24 | $261.2M | $2.0B |
| Q4 25 | $3.5B | $5.4B | ||
| Q3 25 | $3.6B | $5.3B | ||
| Q2 25 | $3.6B | $5.2B | ||
| Q1 25 | $3.6B | $4.9B | ||
| Q4 24 | $3.6B | $5.1B | ||
| Q3 24 | $3.7B | $4.9B | ||
| Q2 24 | $3.7B | $4.9B | ||
| Q1 24 | $3.6B | $4.7B |
| 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 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $44.6M | $49.0M |
| Free Cash FlowOCF − Capex | $14.9M | $-13.6M |
| FCF MarginFCF / Revenue | 0.8% | -1.0% |
| Capex IntensityCapex / Revenue | 1.7% | 4.5% |
| Cash ConversionOCF / Net Profit | 23.98× | 0.68× |
| TTM Free Cash FlowTrailing 4 quarters | $65.3M | $191.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $44.6M | $49.0M | ||
| Q3 25 | $49.4M | $78.6M | ||
| Q2 25 | $55.2M | $157.5M | ||
| Q1 25 | $43.4M | $140.2M | ||
| Q4 24 | $22.7M | $96.9M | ||
| Q3 24 | $109.2M | $91.3M | ||
| Q2 24 | $77.2M | $199.7M | ||
| Q1 24 | $12.8M | $234.7M |
| Q4 25 | $14.9M | $-13.6M | ||
| Q3 25 | $24.5M | $21.8M | ||
| Q2 25 | $9.8M | $106.6M | ||
| Q1 25 | $16.0M | $76.4M | ||
| Q4 24 | $-13.4M | $34.4M | ||
| Q3 24 | $79.9M | $50.1M | ||
| Q2 24 | $57.9M | $167.4M | ||
| Q1 24 | $-16.5M | $178.9M |
| Q4 25 | 0.8% | -1.0% | ||
| Q3 25 | 1.2% | 1.4% | ||
| Q2 25 | 0.5% | 7.9% | ||
| Q1 25 | 0.9% | 4.6% | ||
| Q4 24 | -0.7% | 2.6% | ||
| Q3 24 | 3.5% | 3.2% | ||
| Q2 24 | 2.4% | 12.3% | ||
| Q1 24 | -0.8% | 10.0% |
| Q4 25 | 1.7% | 4.5% | ||
| Q3 25 | 1.2% | 3.5% | ||
| Q2 25 | 2.3% | 3.8% | ||
| Q1 25 | 1.5% | 3.8% | ||
| Q4 24 | 1.8% | 4.6% | ||
| Q3 24 | 1.3% | 2.7% | ||
| Q2 24 | 0.8% | 2.4% | ||
| Q1 24 | 1.4% | 3.1% |
| Q4 25 | 23.98× | 0.68× | ||
| Q3 25 | 3.67× | 0.63× | ||
| Q2 25 | 2.75× | 3.42× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 1.47× | ||
| Q3 24 | 11.28× | 0.64× | ||
| Q2 24 | 5.49× | 2.61× | ||
| Q1 24 | — | 1.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARKO
| Fuel Products | $1.4B | 79% |
| Merchandise Products | $338.1M | 19% |
| Other Product | $33.6M | 2% |
ASO
| Outdoors | $445.1M | 32% |
| Apparel | $349.8M | 25% |
| Footwear | $292.4M | 21% |
| Sports And Recreation | $288.7M | 21% |
| Other | $7.6M | 1% |
