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World Kinect WKC Gross Profit

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Other financials

Income statement

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Revenue$13.6B+50.3%
Operating income$96.1M+128%
Net income$48.4M+114%
EPS (diluted)$0.94+116%

Balance sheet

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Cash & equivalents$135.3M-66.4%
Total debt$754.1M-12.5%
Total equity$1.3B-21.3%
Total assets$6.6B+9.0%

Cash flow

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Operating cash flow-$21.3M-176%
CapEx$13.8M-8.0%
Free cash flow-$35.1M-364%

Valuation

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Market cap$1.9B+36.3%
Enterprise value$2.52B+36.0%
P/S0.1×0.0×

Profitability

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Gross margin2.7%+0.1pp
Operating margin-0.1%-0.1pp
Net margin-0.4%
FCF margin0%

Returns & leverage

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Return on equity-12.6%
Debt / equity0.6×+0.1×
Current ratio1.1×-0.1×

Where this comes from

Calculated from World Kinect’s reported figures.

The source filing: World Kinect’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 4:13 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0000789460-26-000040
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Revenue$13,591.2$9,043.3$23,276.2$18,495.8
Cost of revenue13,226.08,810.922,639.818,033.0
Gross profit365.1232.4636.3462.8
Operating expenses:
Compensation and employee benefits145.3105.5276.2210.6
General and administrative117.567.3194.9139.7
Goodwill and other asset impairments(2.7)398.6(2.7)443.1
Restructuring and exit costs8.96.015.621.0

Item 1. Financial Statements (Unaudited)

FAQ

What is World Kinect's gross profit?
World Kinect (WKC) reported gross profit of $365.2M in Q2 2026.
How has World Kinect's gross profit changed year-over-year?
World Kinect's gross profit increased by 57.1% year-over-year, from $232.4M to $365.2M.
What is the long-term trend for World Kinect's gross profit?
Over 4 years (2021 to 2025), World Kinect's gross profit has grown at a 4.7% compound annual growth rate (CAGR), from $788.3M to $947.8M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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