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World Kinect WKC Aviation — Restructuring and exit costs

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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$1.89B+36.1%
Enterprise value$2.51B+35.8%
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:RestructuringCharges.

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
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
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)

Item 1. Financial Statements (Unaudited)

FAQ

What is World Kinect's aviation — restructuring and exit costs?
World Kinect (WKC) reported aviation — restructuring and exit costs of $600K in Q2 2026.
How has World Kinect's aviation — restructuring and exit costs changed year-over-year?
World Kinect's aviation — restructuring and exit costs decreased by 76.9% year-over-year, from $2.6M to $600K.
What is the long-term trend for World Kinect's aviation — restructuring and exit costs?
Over 3 years (2022 to 2025), World Kinect's aviation — restructuring and exit costs has grown at a 105.1% compound annual growth rate (CAGR), from -$800K to $6.9M.
What does aviation — restructuring and exit costs mean?
Expenses related to organizational changes, facility closures, or business unit divestitures within the aviation segment. These costs reflect management's efforts to streamline operations and improve long-term profitability through structural realignment.

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