World Kinect Corporation (WKC) Income Statement
WKC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWKC revenue and net income
Where WKC's revenue goes
2025Each bar shows an amount and its share of revenue. WKC kept −1.7% of revenue as net income.
WKC profit margins
WKC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −12.7% | −14.4% | +12.9% | +2.1% |
| Gross profit | −25.2% | +0.8% | +0.5% | +2.2% |
| Operating income | −39.2% | +6.0% | +3.7% | +3.5% |
| Net income | −1,011.0% | — | — | — |
| EPS (diluted) | −12.8% | −2.2% | +10.7% | −4.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WKC quarterly EPS vs estimates
World Kinect beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 22, 2026 (estimate $0.96).
WKC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36.93B | $42.30B | $47.91B | $58.98B | $31.30B | $20.09B | $36.56B | $39.62B | $33.74B | $26.97B |
| Cost of revenue | $36.39B | $41.58B | $47.12B | $58.46B | $31.24B | $19.57B | $35.99B | $39.10B | $33.25B | $26.51B |
| Gross profit | $534.6M | $714.7M | $784.3M | $522.0M | $66.1M | $522.6M | $564.1M | $526.3M | $490.4M | $457.5M |
| Sales, general & admin | $282.5M | $297.1M | $308.0M | $816.1M | $634.3M | $678.0M | $792.6M | $741.7M | $735.1M | $694.7M |
| Total operating expenses | $280.6M | $297.1M | $308.0M | $308.7M | $247.6M | $311.1M | $322.2M | $299.6M | $306.9M | $296.8M |
| Operating income | $254.0M | $417.6M | $476.3M | $213.3M | −$181.5M | $211.5M | $241.9M | $226.7M | $183.5M | $160.7M |
| Interest income | $100.6M | $13.8M | $7.8M | $110.6M | $40.2M | $44.9M | $6.2M | — | — | — |
| Interest expense | $109.5M | $116.0M | $135.5M | $117.4M | $47.2M | $48.6M | $80.0M | $74.8M | $66.3M | $43.7M |
| Income before taxes | −$739.7M | $95.5M | $66.7M | $145.1M | $100.0M | $161.7M | $237.3M | $184.9M | −$21.1M | $142.1M |
| Income taxes | −$127.9M | $27.6M | $13.0M | $29.2M | $25.8M | $52.1M | $56.2M | $55.9M | $149.2M | $15.7M |
| Net income | −$614.0M | $67.4M | $52.9M | $114.1M | $73.7M | $109.6M | $178.9M | $127.7M | −$170.2M | $126.5M |
| EBITDA | −$532.0M | $332.4M | $323.3M | $366.1M | $226.8M | $295.6M | $404.8M | $341.3M | $131.2M | $268.1M |
| EPS (diluted) | $1.91 | $2.19 | $1.96 | $2.04 | $1.36 | $1.15 | $2.88 | $2.12 | $1.85 | $2.26 |
| Gross margin | 1.4% | 1.7% | 1.6% | 0.9% | 0.2% | 2.6% | 1.5% | 1.3% | 1.5% | 1.7% |
| Operating margin | 0.7% | 1.0% | 1.0% | 0.4% | −0.6% | 1.1% | 0.7% | 0.6% | 0.5% | 0.6% |
| Net margin | −1.7% | 0.2% | 0.1% | 0.2% | 0.2% | 0.5% | 0.5% | 0.3% | −0.5% | 0.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.71B | $9.69B | $9.03B | $9.40B | $9.06B | $9.44B | $9.73B | $10.53B | $11.01B | $10.87B | $12.03B | $12.28B |
| Cost of revenue | $13.30B | $9.54B | $8.91B | $9.25B | $8.92B | $9.32B | $9.58B | $10.35B | $10.84B | $10.81B | $11.90B | $12.09B |
| Gross profit | $401.6M | $140.4M | $120.9M | $154.6M | $140.9M | $118.2M | $151.0M | $176.1M | $173.2M | $62.6M | $125.0M | $186.1M |
| Sales, general & admin | $117.5M | $77.4M | $73.2M | $69.5M | $67.3M | $72.4M | $77.4M | $71.8M | $72.8M | $190.6M | $208.1M | $208.1M |
| Total operating expenses | $269.1M | $77.4M | $71.4M | $69.5M | $67.3M | $72.4M | $77.4M | $71.8M | $72.8M | $75.1M | $72.1M | $76.1M |
| Operating income | $132.5M | $63.0M | $49.5M | $85.1M | $73.6M | $45.8M | $73.6M | $104.3M | $100.4M | −$12.5M | $52.9M | $110.0M |
| Interest income | $2.6M | $1.3M | $26.3M | $2.5M | $2.6M | $3.7M | $5.2M | $5.0M | $1.7M | $2.0M | $800,000 | $28.6M |
| Interest expense | $84.5M | $27.6M | $26.3M | $28.4M | $28.2M | $26.6M | $27.0M | $29.0M | $29.2M | $30.9M | $33.2M | $31.6M |
| Income before taxes | $66.3M | $32.2M | −$301.7M | $38.8M | −$448.7M | −$28.1M | −$101.2M | $49.6M | $116.6M | $30.5M | −$46.6M | $46.3M |
| Income taxes | $16.6M | $6.6M | −$22.2M | $10.7M | −$109.6M | −$6.8M | $600,000 | $14.6M | $9.7M | $3.3M | −$11.8M | $10.8M |
| Net income | $49.7M | $26.3M | −$279.3M | $25.7M | −$339.3M | −$21.1M | −$101.8M | $33.5M | $108.3M | $27.4M | −$34.8M | $34.9M |
| EBITDA | $152.7M | $78.5M | −$250.2M | $90.7M | −$396.5M | $27.0M | −$39.8M | $107.9M | $174.0M | $90.4M | $16.9M | $107.8M |
| EPS (diluted) | $1.29 | $0.75 | $0.30 | $0.54 | $0.59 | $0.48 | $0.62 | $0.62 | $0.48 | $0.47 | $0.54 | $0.58 |
| Gross margin | 2.9% | 1.4% | 1.3% | 1.6% | 1.6% | 1.3% | 1.6% | 1.7% | 1.6% | 0.6% | 1.0% | 1.5% |
| Operating margin | 1.0% | 0.7% | 0.5% | 0.9% | 0.8% | 0.5% | 0.8% | 1.0% | 0.9% | −0.1% | 0.4% | 0.9% |
| Net margin | 0.4% | 0.3% | −3.1% | 0.3% | −3.7% | −0.2% | −1.0% | 0.3% | 1.0% | 0.3% | −0.3% | 0.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WKC's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WKC financial results
In fiscal year 2025 (ended December 31, 2025), World Kinect reported revenue of $36.9 billion, down 12.7% from the year before. It had a net loss of $614.0 million, a net profit margin of −1.7%. Diluted earnings per share came to $1.91. Over five years revenue grew at an average rate of 12.9% a year.
See the WKC stock overview for the latest quote and news, or the WKC chart for price history and technical indicators.
WKC income statement FAQ
What is World Kinect's annual revenue?
World Kinect reported total revenue of $36.9 billion for fiscal year 2025, which ended on December 31, 2025. That was down 12.7% from $42.3 billion the previous year.
Is World Kinect profitable?
No. World Kinect reported a net loss of $614.0 million in fiscal 2025, a net profit margin of −1.7%; its operating margin was 0.7%.
What is World Kinect's gross margin?
World Kinect's gross margin was 1.4% in fiscal 2025: for every $100 of revenue, World Kinect kept $1 after the direct cost of its products and services.
How fast is World Kinect growing?
Revenue grew 12.9% a year on average over the last five fiscal years, from $20.1 billion to $36.9 billion.
What are World Kinect's earnings per share?
World Kinect earned $1.91 per diluted share in fiscal 2025, compared with $2.19 a year earlier.
When will World Kinect report its next earnings?
World Kinect is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 after the market closes.
When does World Kinect's fiscal year end?
World Kinect's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.