World Kinect Corporation income statement WKC

Annual Quarterly

In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, World Kinect Corporation reported revenue of $13.3 billion, up 41.3% from the same quarter a year earlier. Net income was $38.0 million, a profit margin of 0.3%. Operating income came to $80.1 million, an operating margin of 0.6%. Diluted earnings per share were $0.70.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

TTM
Sep 30, 2026
Q3 FY2026
Sep 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Revenue
45,576
+21.1%
13,271
+41.3%
13,591
+50.3%
9,685
+2.5%
9,029
-7.5%
9,392
-10.5%
9,043
-17.5%
9,452
-13.7%
9,760
-18.7%
Cost of revenue
44,416
+21.1%
12,983
+42.0%
13,226
+50.1%
9,414
+2.1%
8,794
-7.5%
9,142
-10.6%
8,811
-17.8%
9,222
-13.8%
9,502
-19.3%
Gross profit
1,160
+19.4%
288
+15.4%
365
+57.1%
271
+17.7%
235
-9.1%
250
-6.9%
232
-5.2%
230
-9.3%
259
+11.4%
Selling, general and administrative
370
+29.0%
102
+46.2%
118
+74.6%
77
+6.9%
73
-5.3%
70
-3.2%
67
-7.6%
72
-3.6%
77
+7.4%
Restructuring and impairment
91
+234.4%
-2
-130.6%
9
+48.3%
7
-55.3%
77
+5414.3%
5
6
+7.1%
15
+7400.0%
1
-80.6%
Operating income
-43
+83.2%
80
+27.3%
96
+127.8%
56
+953.0%
-276
-1022.7%
63
-13.0%
-345
-863.5%
-7
-110.4%
30
+295.4%
Interest income
9
3
+4.0%
3
+0.0%
1
-64.9%
3
2
3
4
—
Interest expense
123
+11.5%
33
+17.6%
33
+17.7%
28
+3.8%
29
+6.7%
28
-2.1%
28
-3.4%
27
-13.9%
27
-18.7%
Other non-operating income (expense)
10
+105.7%
7
+288.9%
1
+101.0%
2
+69.2%
0
+100.5%
2
+38.5%
-78
-178.9%
1
+133.3%
-109
-10036.4%
Pretax income
-147
+72.8%
56
+45.1%
66
+114.8%
32
+214.6%
-302
-198.1%
39
-21.8%
-449
-484.8%
-28
-192.1%
-101
-117.2%
Income tax
20
+118.4%
18
+72.0%
17
+115.1%
7
+197.1%
-22
11
-26.7%
-110
-1229.9%
-7
-306.1%
0
+100.0%
Net income
-167
+61.7%
38
+47.9%
48
+114.3%
26
+224.2%
-280
-174.8%
26
-23.3%
-339
-413.4%
-21
-177.0%
-102
-192.5%
Basic EPS
-3.19
+58.6%
0.74
+60.9%
0.94
+115.5%
0.51
+237.8%
-5.08
-187.3%
0.46
-19.3%
-6.06
-434.8%
-0.37
-180.4%
-1.77
-207.8%
Diluted EPS
-3.14
+59.2%
0.70
+52.2%
0.94
+115.5%
0.50
+235.1%
-5.08
-189.8%
0.46
-19.3%
-6.06
-434.8%
-0.37
-182.2%
-1.75
-205.1%
Weighted average shares, basic
52
-7.5%
51
-7.9%
51
-8.4%
52
-9.0%
55
-4.4%
56
-5.4%
56
-6.4%
57
-5.2%
58
-5.0%
Weighted average shares, diluted
53
-6.2%
54
-2.7%
52
-7.9%
52
-8.5%
55
-5.2%
56
-5.6%
56
-6.7%
57
-5.8%
58
-4.1%
Other measures
Depreciation and amortization
87
22
-7.2%
20
-15.1%
20
-21.9%
25
24
-7.8%
24
-2.9%
26
+1.2%
—
EBITDA
44
102
+17.9%
116
+136.2%
76
+301.6%
-251
86
-11.7%
-321
-561.0%
19
-78.6%
—
Interest coverage
-0.35x
2.40x
2.89x
2.04x
-9.58x
2.21x
-12.24x
-0.25x
1.11x
Margins
Gross margin
2.54%
2.17%
2.69%
2.80%
2.61%
2.66%
2.57%
2.44%
2.65%
Operating margin
-0.10%
0.60%
0.71%
0.58%
-3.06%
0.67%
-3.82%
-0.07%
0.31%
Pretax margin
-0.32%
0.42%
0.49%
0.33%
-3.34%
0.41%
-4.96%
-0.30%
-1.04%
Profit margin
-0.37%
0.29%
0.36%
0.27%
-3.10%
0.27%
-3.75%
-0.22%
-1.04%
EBITDA margin
0.10%
0.77%
0.86%
0.79%
-2.78%
0.92%
-3.55%
0.20%
—
Effective tax rate
—
32.68%
25.04%
20.50%
—
27.58%
—
—
—
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry
Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (SIC 5172)
Listed as
WKC (NYSE)
Fiscal year ends
December 31
Incorporated in
FL
Headquarters
Miami, FL
SEC filer status
Large accelerated filer
SEC CIK
789460
Former names
WORLD FUEL SERVICES CORP (until Jun 7, 2023); INTERNATIONAL RECOVERY CORP (until Feb 8, 1995)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.