WORLD KINECT CORP 8K

World Kinect Corporation reported record Q2 2026 gross profit and stronger earnings, raised full-year adjusted EPS guidance, and increased shareholder returns via a higher dividend and share repurchases.

World Kinect Corporation filed a Form 8-K to furnish its second quarter 2026 earnings release, reporting record consolidated gross profit of $365 million, GAAP net income of $48 million ($0.94 per diluted share), adjusted net income of $66 million ($1.29 per diluted share), and adjusted EBITDA of $136 million, driven by exceptionally strong performance in its Aviation and Marine segments and improved profitability in its Land segment. The company highlighted that volatility in jet and bunker fuel prices, as well as contributions from prior acquisitions and land portfolio transformation initiatives, supported segment results, while it continued restructuring and exit activities in certain non-core land operations. Management also announced a 15% increase in the regular quarterly cash dividend, $14 million of common stock repurchases in the quarter, and an increase to full-year 2026 adjusted EPS guidance to a range of $3.20 to $3.40 per share (approximately 20% above the midpoint of the prior range), and scheduled an investor conference call on July 23, 2026 to discuss these results.

Filing Facts

CIK

789460

Ticker

-

Form

8K

Source Type

sec

Accession

0000789460-26-000035

Alert Tier

7