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World Kinect WKC Land — Operating Income (Loss)

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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 land — operating income (loss)?
World Kinect (WKC) reported land — operating income (loss) of $6.3M in Q2 2026.
How has World Kinect's land — operating income (loss) changed year-over-year?
World Kinect's land — operating income (loss) increased by 101.7% year-over-year, from -$366.9M to $6.3M.
What is the long-term trend for World Kinect's land — operating income (loss)?
Over 3 years (2021 to 2025), World Kinect's land — operating income (loss) has grown at a 149.5% compound annual growth rate (CAGR), from $44.6M to -$692.7M.
What does land — operating income (loss) mean?
This is the primary measure of profitability for the Land segment, calculated as revenue minus all operating costs, including labor, depreciation, and impairments. It reflects the core operational health and efficiency of the segment's business activities before interest and taxes. A consistent operating income is essential for demonstrating the segment's ability to generate sustainable value from its energy management services.

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