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World Kinect WKC Land — Cost of revenue

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Other financials

Income statement

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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

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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

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Operating cash flow-$46.4M-141%
CapEx$13.8M-9.2%
Free cash flow-$60.2M-161%

Valuation

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Market cap$1.64B-26.5%
Enterprise value$2.3B-13.2%
P/S0.0×

Profitability

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Gross margin2.7%+0.2pp
Operating margin-1.4%-1.7pp
Net margin-1.5%
FCF margin0.2%

Returns & leverage

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Return on equity-36.3%
Debt / equity0.7×+0.2×
Current ratio-0.1×

Where this comes from

Reported directly by World Kinect in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

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 land — cost of revenue?
World Kinect (WKC) reported land — cost of revenue of $2.51B in Q1 2026.
How has World Kinect's land — cost of revenue changed year-over-year?
World Kinect's land — cost of revenue decreased by 9.9% year-over-year, from $2.79B to $2.51B.
What is the long-term trend for World Kinect's land — cost of revenue?
Over 3 years (2022 to 2025), World Kinect's land — cost of revenue has grown at a -19.1% compound annual growth rate (CAGR), from $18.81B to $9.94B.
What does land — cost of revenue mean?
This represents the direct costs attributable to the production and delivery of energy products and services within the Land segment. It includes the purchase price of fuel, electricity, and natural gas, as well as logistics and distribution costs required to fulfill customer orders. Monitoring this metric helps assess the direct margin efficiency of the segment's core energy supply operations.