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World Kinect WKC Aviation — Operating Income (Loss)

Other segment segments

Marine
$22.2M+187%
Land
$6.3M+102%

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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 us-gaap:OperatingIncomeLoss.

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
Goodwill and other asset impairments4.0(1.4)2.7
Restructuring and exit costs(0.6)(5.3)(0.1)(6.0)
Other segment expenses (2)(21.1)(20.2)(8.9)(50.2)
Operating income - segment profit (loss)104.86.322.2133.4
Unallocated corporate expenses (3)(37.4)
Interest expense and other financing costs, net(30.6)
Other income (expense), net0.8
Income (loss) before income taxes$66.3

Item 1. Financial Statements (Unaudited)

FAQ

What is World Kinect's aviation — operating income (loss)?
World Kinect (WKC) reported aviation — operating income (loss) of $104.8M in Q2 2026.
How has World Kinect's aviation — operating income (loss) changed year-over-year?
World Kinect's aviation — operating income (loss) increased by 46.2% year-over-year, from $71.7M to $104.8M.
What is the long-term trend for World Kinect's aviation — operating income (loss)?
Over 4 years (2021 to 2025), World Kinect's aviation — operating income (loss) has grown at a 12.2% compound annual growth rate (CAGR), from $163.4M to $259.2M.
What does aviation — operating income (loss) mean?
This metric represents the core profitability of the aviation business segment after deducting operating expenses from segment revenue. It serves as a primary indicator of the segment's operational efficiency and its ability to generate earnings from its core energy supply and management activities.

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