What is World Kinect's provision for credit losses?

World Kinect (WKC) reported provision for credit losses of $5.9M in Q1 2026.

How has World Kinect's provision for credit losses changed year-over-year?

World Kinect's provision for credit losses increased by 136.0% year-over-year, from $2.5M to $5.9M.

What does provision for credit losses mean?

Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

World Kinect WKC Provision for Credit Losses

Provision for Credit Losses at other companies

Global PartnersGLP

$851K+72.6%

Willis Lease FinanceWLFC

$182K+1,500%

ABM IndustriesABM

-$600K-143%

Segments

By segment

See full

Aviation$3.2M+146%

Marine$1.4M—

Land$1.3M0.0%

Other financials

Income statement

See full

Revenue$9.7B+2.5%

Gross profit$271.2M+17.7%

Operating income$56.3M+953%

Net income$26.2M+224%

EPS (diluted)$0.50+235%

Balance sheet

See full

Cash & equivalents$151.1M-66.9%

Total debt$807.9M-16.3%

Total equity$1.2B-37.3%

Total assets$6.8B+3.2%

Cash flow

See full

Operating cash flow-$46.4M-141%

CapEx$13.8M-9.2%

Free cash flow-$60.2M-161%

Valuation

See full

Market cap$1.62B-26.5%

Enterprise value$2.28B-13.2%

P/S0×0.0×

Profitability

See full

Gross margin2.7%+0.2pp

Operating margin-1.4%-1.7pp

Net margin-1.5%—

FCF margin0.2%—

Returns & leverage

See full

Return on equity-36.3%—

Debt / equity0.7×+0.2×

Current ratio1×-0.1×

Where this comes from

Reported directly by World Kinect in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

The official record: World Kinect’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is World Kinect's provision for credit losses?: World Kinect (WKC) reported provision for credit losses of $5.9M in Q1 2026.
How has World Kinect's provision for credit losses changed year-over-year?: World Kinect's provision for credit losses increased by 136.0% year-over-year, from $2.5M to $5.9M.
What does provision for credit losses mean?: Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.