World Kinect Q2 FY26 GAAP net income swings to USD 48 million; revenue rises 50% to USD 13.59 billion

Reuters2026/07/23 20:36

By:Reuters

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World Kinect posted Q2 GAAP net income of USD 48 million, or USD 0.94 per diluted share, swinging from a loss a year earlier.
Revenue climbed 50% year over year to USD 13.59 billion, while gross profit rose 57% to USD 365 million.
Adjusted EBITDA increased 55% to USD 136 million, while adjusted net income rose to USD 66 million, or USD 1.29 per diluted share.
Aviation gross profit rose 51% to USD 208 million, helped by elevated jet fuel price volatility and the Universal Trip Support Services acquisition.
Full-year adjusted EPS guidance was raised to USD 3.20-USD 3.40; the quarterly dividend was increased 15%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. World Kinect Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607231615BIZWIRE_USPR_____20260723_BW435053) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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World Kinect Q2 FY26 GAAP net income swings to USD 48 million; revenue rises 50% to USD 13.59 billion

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