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World Kinect WKC Aviation — Incentive Compensation Including Bonuses

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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%
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

Reported directly by World Kinect in its filing.

Tagged under the XBRL concept wkc:IncentiveCompensationIncludingBonuses.

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 itemAviationLandMarineTotal
Segment expenses:
Cost of revenue(7,751.5)(2,790.4)(2,684.1)(13,226.0)
Compensation and related costs(39.8)(29.5)(8.8)(78.0)
Incentive compensation(21.0)(5.0)(8.9)(34.8)
Corporate allocations (1)(12.3)(4.3)(6.8)(23.5)
Depreciation and amortization(5.2)(6.8)(0.3)(12.3)
Provision for credit losses(3.2)(4.0)(22.3)(29.6)
Goodwill and other asset impairments4.0(1.4)2.7

Item 1. Financial Statements (Unaudited)

FAQ

What is World Kinect's aviation — incentive compensation including bonuses?
World Kinect (WKC) reported aviation — incentive compensation including bonuses of $21M in Q2 2026.
How has World Kinect's aviation — incentive compensation including bonuses changed year-over-year?
World Kinect's aviation — incentive compensation including bonuses increased by 218.2% year-over-year, from $6.6M to $21M.
What is the long-term trend for World Kinect's aviation — incentive compensation including bonuses?
Over 3 years (2022 to 2025), World Kinect's aviation — incentive compensation including bonuses has grown at a -2.1% compound annual growth rate (CAGR), from $28.8M to $27M.
What does aviation — incentive compensation including bonuses mean?
Variable compensation and performance-based bonuses paid to employees within the aviation segment. This metric serves as an indicator of management's strategy to align employee performance with segment-specific profitability and growth targets.

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