WORLD KINECT CORP (WKC) Form 10-Q — Jul 24, 2026
World Kinect reported strong financial results for the second quarter of 2026, with revenue increasing 50% year-over-year to $13.6 billion. The company returned to profitability, generating net income of $48.4 million compared to a loss of $339.4 million in the prior year period, driven by higher fuel prices, reduced asset impairments, and operational efficiencies. Segment performance was robust, with aviation and marine segments driving significant gross profit increases due to elevated market volatility and inventory profitability.
Key figures
- Eps
- 0.94
- Net Income
- 48.4
- Total Debt
- 745.4
- Cash Position
- 135.3
- Asset Sale Proceeds
- 82.8
- Share Repurchases Six Months
- 89.3
- Dividends Declared Six Months
- 21.9
Price after filing
Close on the filing date to close N calendar days later (from $36.29). Historical, not a forecast.
AI analysis
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