World Kinect Corporation filed its quarterly report on Form 10-Q with the SEC on October 30, 2026, covering the three and nine months ended September 30, 2026, and reporting a significant increase in revenue and a return to profitability compared to the prior-year nine-month period.

Key Highlights

  • Q3 2026 revenue of $13,270.7 million compared to $9,391.8 million in Q3 2025, according to the filing.
  • Net income attributable to World Kinect of $38.0 million for the three months ended September 30, 2026, versus $25.7 million in the same period of 2025.
  • Nine-month net income of $112.6 million compared to a net loss of $334.7 million for the nine months ended September 30, 2025.
  • Diluted earnings per share of $0.70 for Q3 2026, based on diluted weighted average common shares of 54.4 million.
  • Total assets of $7,038.9 million as of September 30, 2026, up from $5,863.9 million as of December 31, 2025.
  • 51,151,620 shares of common stock issued and outstanding as of October 23, 2026.
  • Common stock repurchases of $75.7 million in Q1 2026 and $14.4 million in Q2 2026, as reflected in the shareholders' equity statements.

World Kinect Reports Q3 2026 Financial Results and Balance Sheet Expansion

World Kinect Corporation (NYSE:WKC), a Florida-incorporated global fuel and energy management company headquartered in Miami, reported third-quarter 2026 revenue of $13,270.7 million, up from $9,391.8 million in the third quarter of 2025, according to the filing. Gross profit for Q3 2026 was $288.1 million, compared to $249.6 million a year earlier. Income from operations reached $80.1 million in Q3 2026, versus $62.9 million in Q3 2025.

For the nine months ended September 30, 2026, the company disclosed revenue of $36,546.9 million and gross profit of $924.4 million, compared to $27,887.6 million in revenue and $712.4 million in gross profit for the same period in 2025. The prior-year nine-month period included goodwill and other asset impairments of $443.1 million, which contributed to a loss from operations of $288.8 million. The nine months ended September 30, 2026 reflected income from operations of $232.5 million, with goodwill and other asset impairments of negative $1.8 million.

On the balance sheet, total assets grew to $7,038.9 million as of September 30, 2026, from $5,863.9 million at December 31, 2025. Accounts receivable, net, increased to $3,125.2 million from $2,208.5 million over the same period, and accounts payable rose to $3,727.5 million from $2,586.9 million. Total World Kinect shareholders' equity was $1,279.1 million as of September 30, 2026, down from $1,299.1 million at December 31, 2025, reflecting share repurchases and other comprehensive loss, partially offset by net income. The accumulated other comprehensive loss widened to $47.3 million from $17.3 million. Interest expense and other financing costs, net, were $30.8 million for Q3 2026 and $87.7 million for the nine-month period.

What Was Disclosed

World Kinect Corporation filed its Form 10-Q for the quarter ended September 30, 2026, disclosing revenue, earnings, balance sheet data, and shareholders' equity activity. The company reported profitability for both Q3 2026 and the nine-month period, contrasting with a large net loss in the prior-year nine-month period driven by asset impairments.