World Kinect Corporation (WKC) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and World Kinect published the results on October 29, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. World Kinect reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• World Kinect operates as World Fuel. Since 2026 its non-GAAP measures exclude the operating results of Land segment businesses it is exiting or selling (direct fuel transportation, lubricants, heating oil, power and certain advisory and sustainability offerings). The 2025 figures were not adjusted for them.
• Revenue swings with fuel prices because World Kinect resells fuel. The rise in Q3 2026 revenue came mostly from higher jet fuel and bunker fuel prices, while total volume fell 6%.

Source: World Kinect Q3 2026 results (Form 8-K, Exhibit 99.1), October 29, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How World Kinect splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• World Kinect's Aviation segment revenue was $7.6 billion in Q3 2026, up 57% from $4.9 billion in Q3 2025, 58% of total revenue.
• World Kinect's Land segment revenue was $2.9 billion in Q3 2026, up 13% from $2.5 billion in Q3 2025, 22% of total revenue.
• World Kinect's Marine segment revenue was $2.8 billion in Q3 2026, up 39% from $2.0 billion in Q3 2025, 21% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

World Kinect gives a full-year Adjusted EPS range in its release and does not reconcile it to GAAP EPS.

In its Q3 2026 release, World Kinect said:

“guidance increases to a range of $3.52 to $3.62 per share, from its prior range of $3.20 to $3.40 per share.”

Source: World Kinect Q3 2026 release, Oct 29, 2026.

This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the WKC forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for World Kinect's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 29, 2026

World Kinect resells aviation, marine and ground transportation fuel, so its revenue tracks fuel prices as much as volume. Of $13,270.7 million in Q3 2026 revenue, the Aviation segment brought in $7,647.7 million, Land $2,855.7 million and Marine $2,767.3 million. Total volume was 4,038 million gallons and gallon equivalents, down 6% from 4,283 million a year earlier. (World Kinect Q3 2026 release, Oct 29, 2026)

Aviation revenue rose 57%, which World Kinect attributed primarily to a 58% increase in the average jet fuel price per gallon, from $2.42 to $3.84. Aviation volume rose 1% to 1,850.3 million gallons. The segment's gross profit of $147.9 million was up 4%, helped by the Universal Trip Support Services acquisition that closed in the fourth quarter of 2025 and growth in the core commercial fuel business, principally in Europe and Latin America. (World Kinect Form 10-Q, Q3 2026, Oct 30, 2026; World Kinect Q3 2026 release, Oct 29, 2026)

In Marine, the average price per metric ton of bunker fuel rose 52% to $742.96, while volume fell 8% to 3.7 million metric tons, which the 10-Q put down to reduced demand driven by the conflict in the Middle East. Marine gross profit rose 131% to $58.8 million. World Kinect says most marine activity is spot sales and that it has traditionally benefited from elevated fuel prices and volatility. (World Kinect Form 10-Q, Q3 2026, Oct 30, 2026; World Kinect Form 10-K, 2025, Feb 24, 2026)

Land revenue rose 13% to $2,855.7 million on 18% higher average fuel prices, while volume fell 13% to 1,204.3 million gallons or gallon equivalents. The 10-Q attributes the volume drop mainly to the European power business, which is being exited, and the Land Fuel Transportation and Lubricants business sold in the second quarter of 2026. World Kinect plans to focus Land on cardlock, retail and natural gas. (World Kinect Form 10-Q, Q3 2026, Oct 30, 2026; World Kinect Form 10-K, 2025, Feb 24, 2026)

World Kinect's gross profit was $288.1 million on revenue of $13,270.7 million in Q3 2026, about 2.2%. The 10-K says segment profit is generally determined by the volume and the unit margin achieved on fuel resales, and that operating expenses can be materially affected by credit losses. (World Kinect Q3 2026 release, Oct 29, 2026; World Kinect Form 10-K, 2025, Feb 24, 2026)

World Kinect's GAAP diluted EPS was $0.70 in Q3 2026 and its Adjusted EPS was $0.99. The largest adjustment was a $23.2 million provision for credit losses on notes receivable from an equity method investee, after World Kinect decided to discontinue ongoing financial support, worth $0.45 per share. Other adjustments included a $4.3 million gain on sale of business, integration costs, the Finnish bid error and $5.4 million of income tax impacts. (World Kinect Q3 2026 release, Oct 29, 2026; World Kinect Form 10-Q, Q3 2026, Oct 30, 2026)

Share counts differ between the two measures. GAAP diluted weighted average shares were 54.4 million; for Adjusted EPS World Kinect counts its convertible note hedges, which removes 2.9 million shares and leaves 51.5 million, adding $0.04 per share. A year earlier GAAP diluted shares were 55.9 million. (World Kinect Q3 2026 release, Oct 29, 2026)

World Kinect bought back $89.3 million of stock in the first nine months of 2026 but none in the third quarter, and about $212.7 million remained under its repurchase authorizations at September 30, 2026. The effective tax rate was 32.7%, against 27.5% a year earlier, including a net discrete tax expense of $4.5 million. (World Kinect Form 10-Q, Q3 2026, Oct 30, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

World Kinect gives one forward figure in its release: a full-year Adjusted EPS range. With Q3 2026 results it raised the 2026 range to $3.52 to $3.62 per share, from $3.20 to $3.40. Through nine months Adjusted EPS was $3.02. World Kinect does not reconcile the guidance to GAAP, saying it cannot predict all of the adjustments that may occur. (World Kinect Q3 2026 release, Oct 29, 2026)

A consensus figure is the average of the models published by the analysts who cover World Kinect, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones World Kinect's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning WKC is on is WKC a buy or a sell?, what analysts expect next is on the WKC forecast, and what the company does is on the World Kinect Corporation (WKC) stock page.

Every number on this page can be traced to a document World Kinect published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.