WORLD KINECT CORPWKCEarnings & Financial Report
World Kinect Corporation, formerly known as World Fuel Services Corporation, is an energy, commodities, and services company based in Doral, Florida. The company ranked No. 70 in the 2022 Fortune 500 list of the largest United States corporations. WKC focuses on the marketing, trading, and financing of aviation, marine, building, and ground transportation energy commodities and related services. As of 2013, WKC also operates in natural gas and power.
WKC Q1 FY2026 Key Financial Metrics
Revenue
$9.7B
Gross Profit
$271.0M
Operating Profit
$9.5B
Net Profit
$-700.0K
Gross Margin
2.8%
Operating Margin
97.8%
Net Margin
-0.0%
YoY Growth
2.0%
EPS
$0.50
WORLD KINECT CORP Q1 FY2026 Financial Summary
WORLD KINECT CORP reported revenue of $9.7B (up 2.0% YoY) for Q1 FY2026, with a net profit of $-700.0K (up 224.2% YoY) (-0.0% margin). Cost of goods sold was $9.4B.
Key Financial Metrics
| Total Revenue | $9.7B |
|---|---|
| Net Profit | $-700.0K |
| Gross Margin | 2.8% |
| Operating Margin | 97.8% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
WORLD KINECT CORP Q1 FY2026 revenue of $9.7B breaks down across 3 segments, led by Aviation segment at $5.0B (52.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Aviation segment | $5.0B | 52.1% |
| Land segment | $2.6B | 26.6% |
| Marine segment | $2.1B | 21.3% |
WORLD KINECT CORP Annual Revenue by Year
WORLD KINECT CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $36.9B).
WORLD KINECT CORP Quarterly Revenue & Net Profit History
WORLD KINECT CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $9.7B | +2.0% | $-700.0K | -0.0% |
| Q4 FY2025 | $9.0B | -7.5% | $-279.6M | -3.1% |
| Q3 FY2025 | $9.4B | -10.5% | $25.7M | 0.3% |
| Q2 FY2025 | $9.0B | -17.5% | $-339.4M | -3.8% |
| Q1 FY2025 | $9.5B | -13.7% | $-21.1M | -0.2% |
| Q4 FY2024 | $9.8B | -18.7% | $-101.8M | -1.0% |
| Q3 FY2024 | $10.5B | -14.3% | $33.5M | 0.3% |
| Q2 FY2024 | $11.0B | -0.1% | $108.3M | 1.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.97B | $10.49B | $9.76B | $9.45B | $9.04B | $9.39B | $9.03B | $9.69B |
| YoY Growth | -0.1% | -14.3% | -18.7% | -13.7% | -17.5% | -10.5% | -7.5% | 2.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.19B | $6.98B | $6.73B | $6.59B | $6.05B | $6.06B | $5.86B | $6.80B |
| Liabilities | $5.15B | $4.93B | $4.78B | $4.66B | $4.45B | $4.43B | $4.56B | $5.59B |
| Equity | $2.03B | $2.04B | $1.95B | $1.92B | $1.60B | $1.62B | $1.30B | $1.21B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $67.9M | $-38.5M | $120.3M | $114.4M | $28.2M | $116.1M | $34.2M |