Filing Flows › World Kinect (WKC) › Q1 2026
World Kinect (WKC) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 24, 2026
World Kinect (WKC) reported revenue of $9.7B for the first quarter 2026 (Q1 2026), +2% from a year earlier and +7% from the quarter before. Operating margin was 0.6%, net earnings $25.6M (0.3% of revenue).
World Kinect, Q1 2026: revenue $9.7B (+2% year over year), operating margin 0.6%, net earnings $25.6M, operating cash flow −$46.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.7B | +7% | +2% |
| Gross profit | $271M | +15% | +18% |
| Operating profit | $56.3M | — | — |
| Net earnings | $25.6M | — | — |
| Operating cash flow | −$46.4M | -236% | -141% |
What changed
Revenue was $9.7B in Q1 2026, up 2% year over year and up 7% from the previous quarter.
Gross margin was 2.8%, up 0.4 points from Q1 2025. Operating profit was $0.06B, a 0.6% margin (up 0.7 points year over year). Operating expenses fell 9% while revenue rose 2%. Net earnings were $0.03B. The effective tax rate was 20.5%.
Operating cash flow was −$0.05B. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.10B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.06B.
Questions
What was World Kinect's revenue in the first quarter 2026?
World Kinect (WKC) reported revenue of $9.7B for the first quarter 2026 (Q1 2026), +2% from a year earlier and +7% from the quarter before.
Was World Kinect profitable in the first quarter 2026?
Operating profit was $56.3M (0.6% of revenue) and net earnings $25.6M.
Source: World Kinect 10-Q on SEC EDGAR.