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World Kinect WKC Impairment Charges
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Where this comes from
Reported directly by World Kinect in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
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 item | For the Three Months Ended June 30, 2026 | For the Three Months Ended June 30, 2025 | For the Six Months Ended June 30, 2026 | For the Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Operating expenses: | ||||
| Compensation and employee benefits | 145.3 | 105.5 | 276.2 | 210.6 |
| General and administrative | 117.5 | 67.3 | 194.9 | 139.7 |
| Goodwill and other asset impairments | (2.7) | 398.6 | (2.7) | 443.1 |
| Restructuring and exit costs | 8.9 | 6.0 | 15.6 | 21.0 |
| Total operating expenses | 269.1 | 577.5 | 484.0 | 814.5 |
| Income (loss) from operations | 96.1 | (345.1) | 152.4 | (351.6) |
| Non-operating income (expenses), net: |
Item 1. Financial Statements (Unaudited)
FAQ
- What is World Kinect's impairment charges?
- World Kinect (WKC) reported impairment charges of -$2.7M in Q2 2026.
- How has World Kinect's impairment charges changed year-over-year?
- World Kinect's impairment charges decreased by 100.7% year-over-year, from $398.6M to -$2.7M.
- What is the long-term trend for World Kinect's impairment charges?
- Over 4 years (2021 to 2025), World Kinect's impairment charges has grown at a 246.2% compound annual growth rate (CAGR), from $4.8M to $689.6M.
- What does impairment charges mean?
- Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.
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