WORLD KINECT CORP (WKC) Form 8-K — Jul 23, 2026
World Kinect Corporation reported strong financial results for the second quarter of 2026, achieving record gross profit of $365 million, a 57% increase year-over-year. Revenue rose 50% to $13.6 billion, driven by higher fuel prices and market volatility, with GAAP net income reaching $48 million or $0.94 per share. Following the robust performance, the company raised its full-year 2026 Adjusted EPS guidance to a range of $3.20 to $3.40, an increase of roughly 20% from the previous midpoint. Additionally, World Kinect increased its regular quarterly cash dividend by 15% and repurchased $14 million of common stock during the quarter.
Key figures
- Eps
- 0.94
- Revenue
- 13,591
- Guidance
- $3.20 to $3.40 per share
- Net Income
- 48
- Adjusted EPS
- 1.29
- Gross Profit
- 365
- Adjusted EBITDA
- 136
- Share Repurchase Amount
- 14
Price after filing
Close on the filing date to close N calendar days later (from $36.47). Historical, not a forecast.
AI analysis
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