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World Kinect WKC Net Income

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Other financials

Income statement

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Revenue$13.6B+50.3%
Gross profit$365.2M+57.1%
Operating income$96.1M+128%
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

Reported directly by World Kinect in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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
Income tax expense (benefit)16.6(109.6)23.2(116.4)
Net income (loss) including noncontrolling interest49.8(339.1)75.3(360.4)
Net income (loss) attributable to noncontrolling interest1.40.30.70.1
Net income (loss) attributable to World Kinect$48.4$(339.4)$74.6$(360.4)
Basic earnings (loss) per common share$0.94$(6.06)$1.45$(6.38)
Basic weighted average common shares51.356.051.556.5
Diluted earnings (loss) per common share$0.94$(6.06)$1.44$(6.38)
Diluted weighted average common shares51.656.051.856.5

Item 1. Financial Statements (Unaudited)

FAQ

What is World Kinect's net income?
World Kinect (WKC) reported net income of $48.4M in Q2 2026.
How has World Kinect's net income changed year-over-year?
World Kinect's net income increased by 114.3% year-over-year, from -$339.4M to $48.4M.
What is the long-term trend for World Kinect's net income?
Over 2 years (2021 to 2025), World Kinect's net income has grown at a 188.8% compound annual growth rate (CAGR), from $73.7M to -$614.5M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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