v3.25.4
Segment Reporting
 9 Months Ended
Jan. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
As of January 31, 2026, we operated 2,924 stores in 19 states. Our convenience stores offer a broad selection of merchandise, fuel and other products and services designed to appeal to the convenience needs of our guests. We manage the business on the basis of one operating segment and therefore, have only one reportable segment. Our stores sell similar products and services, use similar processes to sell those products and services, and sell their products and services to similar classes of guests. We make specific disclosures concerning the three broad categories of prepared food and dispensed beverage, grocery and general merchandise, and fuel because it allows us to more effectively discuss trends and operational initiatives within our business and industry. Although we can separate revenues and cost of goods sold within these categories (and further sub-categories), the operating expenses associated with operating a store that sells these products are not separable by these three categories.
Casey’s chief operating decision maker (“CODM”) is the President and Chief Executive Officer. The CODM assesses performance for the segment and decides how to allocate resources and capital based on profitability metrics, such as net income, that is reported on the condensed consolidated statements of income. The CODM considers actual-to-forecast variances on a monthly, quarterly and annual basis for this profit measure when making decisions about resource allocation and assessing company performance. Total asset information by segment is not regularly provided to our CODM or utilized for purposes of assessing performance or allocating resources and, as a result, such information has not been presented below.
The following table provides information on revenue, significant expenses, and net income related to the single reportable segment:
Three Months Ended
January 31,		Nine Months Ended
January 31,
2026202520262025
Total revenue$3,916,132 $3,903,633 12,989,322 $11,948,141 
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)
Prepared food & dispensed beverage176,492 167,616 562,498 509,073 
Grocery & general merchandise679,677 659,730 2,227,038 2,025,931 
Fuel1,961,481 2,064,764 6,631,509 6,408,238 
Other (1)91,930 98,955 327,593 178,516 
Total cost of goods sold (exclusive of depreciation and amortization, shown separately below)2,909,580 2,991,065 9,748,638 9,121,758 
Operating expenses
Same-store employee expense298,058 258,070 818,072 745,515 
Same-store other expense155,912 125,842 402,207 364,394 
Same-store credit card fees expense61,090 51,187 175,353 163,800 
Non same-store operating expense25,706 78,648 237,948 190,803 
Other (2)156,874 156,453 473,823 424,841 
Total operating expenses697,640 670,200 2,107,403 1,889,353 
Depreciation & amortization114,084 105,203 334,463 296,204 
Interest, net23,381 29,415 74,921 56,035 
Income before income taxes171,447 107,750 723,897 584,791 
Federal and state income taxes41,374 20,653 172,133 136,578 
Net income$130,073 $87,097 $551,764 $448,213 
(1)Other included in total cost of goods sold (exclusive of depreciation and amortization) primarily includes activity related to wholesale fuel.
(2)Other included in operating expenses includes expenses for information technology, operations, merchandising, finance, human resources, legal, acquisitions, field operations and service excellence.