Filing Flows › World Kinect (WKC) › Q2 2025
World Kinect (WKC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
World Kinect (WKC) reported revenue of $9.0B for the second quarter 2025 (Q2 2025), -18% from a year earlier and -4% from the quarter before. Operating margin was -3.8%, net loss $339M (3.7% of revenue).
World Kinect, Q2 2025: revenue $9.0B (-18% year over year), operating margin -3.8%, net loss $339M, operating cash flow $28.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.0B | -4% | -18% |
| Operating profit | −$345M | — | — |
| Net earnings | −$339M | — | — |
| Operating cash flow | $28.2M | -75% | -58% |
| Free cash flow | $13.2M | — | -75% |
What changed
Revenue was $9.0B in Q2 2025, down 18% year over year and down 4% from the previous quarter.
Gross margin was 2.6%, up 0.3 points from a year earlier. Operating costs exceeded revenue by $0.35B, an operating margin of -3.8%. Operating expenses grew 189% against a revenue fall of 18%. The fastest-growing cost line was Other operating costs (+301%). The quarter ended with a net loss of $0.34B, wider than the previous quarter's $0.02B loss.
Operating cash flow was $0.03B (down 58% year over year). Non-cash charges added back $0.02B of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items added $0.34B. After capital expenditures ($0.01B), free cash flow as the company reports it was $0.01B.
Questions
What was World Kinect's revenue in the second quarter 2025?
World Kinect (WKC) reported revenue of $9.0B for the second quarter 2025 (Q2 2025), -18% from a year earlier and -4% from the quarter before.
Was World Kinect profitable in the second quarter 2025?
Operating loss was $345M (-3.8% of revenue) and net loss $339M.
Source: World Kinect 10-Q on SEC EDGAR.