Filing Flows › Industrials › World Kinect (WKC)
World Kinect (WKC) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 30, 2026 · World Kinect (WKC) Q3 2026 earnings results →
Q3 2026 Revenue up 41% year over year to $13.3B · 0¢ of every $1 of revenue kept as net profit · operating margin 0.6%
World Kinect made $13.3B in Q3 2026 (+41% Y/Y). Operating margin 0.6%, net earnings $37.9M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 30, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter
Revenue was $13.3B in Q3 2026, up 41% year over year and down 2% from the previous quarter.
Gross margin was 2.2%, down 0.5 points from Q3 2025. Operating profit was $0.08B, a 0.6% margin (down 0.1 points year over year). Of the extra revenue versus Q3 2025, 0% reached operating profit, below the 1% margin then. Operating expenses grew 11% against revenue growth of 41%. The fastest-growing cost line was General & admin (+46%). Net earnings were $0.04B, up 48% year over year. The effective tax rate was 32.7%.
Operating cash flow was $0.18B (up 51% year over year), 462% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.11B. After capital expenditures ($0.01B), free cash flow as the company reports it was $0.16B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 30, 2026 | $13.3B | +41% | 0.6% | $37.9M | $175M |
| Q2 2026 | 10-Q | Jul 24, 2026 | $13.6B | +50% | 0.7% | $49.8M | −$21.3M |
| Q1 2026 | 10-Q | Apr 24, 2026 | $9.7B | +2% | 0.6% | $25.6M | −$46.4M |
| Q4 2025 | 10-K | Feb 24, 2026 | $9.0B | -8% | -3.1% | −$280M | $34.2M |
| Q3 2025 | 10-Q | Oct 24, 2025 | $9.4B | -10% | 0.7% | $28.1M | $116M |
| Q2 2025 | 10-Q | Aug 1, 2025 | $9.0B | -18% | -3.8% | −$339M | $28.2M |
| Q1 2025 | 10-Q | Apr 25, 2025 | $9.5B | -14% | -0.1% | −$21.3M | $114M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About World Kinect
World Kinect Corporation (the "Company") was incorporated in Florida in July 1984 and along with its consolidated subsidiaries is referred to collectively in this Annual Report on Form 10-K ("2025 10-K Report") as "World Kinect," "we," "our," and "us." We are a global energy management company offering fulfillment and related services to customers across the aviation, marine, and land transportation sectors. We also supply natural gas along with a complementary suite of sustainability-related products and services.
In its own words, from its 10-K, filed Feb 24, 2026.
World Kinect against its Wholesale-Petroleum & Petroleum Products (No Bulk Stations) peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +41% against the peers' median +27%. Operating margin: 0.6% against the peers' median 1.3%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| WKC World Kinect | Q3 2026 | $13.3B | +41% | 0.6% |
| APC Arko Petroleum | Q3 2026 | $1.9B | +27% | 1.3% |
| CAPL CrossAmerica Partners LP | Q3 2026 | $1.2B | +23% | 2.0% |
Source: World Kinect 10-Q on SEC EDGAR · CIK 789460 · Wholesale-Petroleum & Petroleum Products (No Bulk Stations)
Guidance and outlook
13F: who owns WKC and who is buying
More on WKC
- How World Kinect makes money: revenue by segment
- World Kinect next earnings date and what analysts expect
- World Kinect stock forecast, price target and fair value
- Who owns World Kinect stock: holders, funds and Congress trades
- World Kinect guidance and outlook
- Is World Kinect a takeover target? LBO and rumors
- World Kinect recalls, complaints and regulation
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results