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World Kinect WKC Aviation — Restructuring Reserve

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$23M+369%
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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:RestructuringReserve.

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 itemAviationLandMarineCorporateConsolidated
Accrued charges as of December 31, 2025$3.3$31.6$1.2$10.5$46.6
Restructuring and exit activity charges1.05.42.26.314.9
Paid during the period(2.1)(14.0)(1.8)(8.9)(26.8)
Accrued charges as of June 30, 2026$2.1$23.0$1.6$8.0$34.7

Item 1. Financial Statements (Unaudited)

FAQ

What is World Kinect's aviation — restructuring reserve?
World Kinect (WKC) reported aviation — restructuring reserve of $2.1M in Q2 2026.
How has World Kinect's aviation — restructuring reserve changed year-over-year?
World Kinect's aviation — restructuring reserve decreased by 48.8% year-over-year, from $4.1M to $2.1M.
What does aviation — restructuring reserve mean?
This represents the estimated liability set aside by the aviation segment to cover costs associated with organizational restructuring, such as severance or facility closures. It indicates the potential future cash outflows related to strategic shifts or cost-optimization initiatives.

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