Earnings Releases·Oct 29, 2026, 4:20 PM ET

World Kinect Corporation — Third Quarter 2026 Earnings Summary

Revenue for the quarter reached $13.271 billion (up 41% YoY), with adjusted net income rising 83% to $51 million ($0.99 per share) and adjusted EBITDA increasing 35% to $127 million.
Full-year 2026 adjusted EPS guidance was raised to $3.52–$3.62, up from the previous range of $3.20–$3.40.
Marine segment gross profit surged 131% YoY, while Land segment adjusted income from operations increased 102% YoY, driven by portfolio transformation and higher bunker fuel prices.
The company generated $164 million in free cash flow and $11.7 million in dividends, with cash and cash equivalents increasing to $217.9 million.
Strategic restructuring continues with the exit of non-core businesses and a net credit of $7.7 million from exit activities in the Land and Aviation segments.