The raised FY2026 adjusted EPS guidance to $3.52-$3.62 implies a strong H2 trajectory, supported by Marine margin expansion and Land portfolio transformation. Watch for continued Marine segment profitability and Land segment operating leverage on the Q4 call.
Price Chart
Executive Summary
World Kinect reported Q3 2026 adjusted EPS of $0.99, beating the $0.96 consensus, and raised full-year 2026 adjusted EPS guidance to $3.52-$3.62 from $3.20-$3.40. Revenue of $13.27B exceeded the $12.34B consensus, driven by strong Marine segment gross profit (+131% YoY) and continued improvement in Land. The company generated $164M in free cash flow during the quarter.
Key Financial Metrics
Key Facts
- Q3 2026 adjusted EPS of $0.99 vs consensus $0.96 (beat)
- Q3 2026 revenue of $13.27B vs consensus $12.34B (beat)
- Full-year 2026 adjusted EPS guidance raised to $3.52-$3.62 from $3.20-$3.40
- Marine segment gross profit increased 131% YoY to $59M
- Land segment income from operations increased 102% YoY on an adjusted basis
- Free cash flow of $164M in Q3 2026
- GAAP net income of $38M or $0.70 per diluted share
- Adjusted EBITDA of $127M, up 35% YoY
Financial Impact
Q3 adjusted EPS $0.99 vs $0.96 consensus; revenue $13.27B vs $12.34B consensus; FY2026 adjusted EPS guidance raised by $0.32 at midpoint
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Aviation | $7.6B | +57.1% |
| Land | $2.9B | +12.6% |
| Marine | $2.8B | +39.2% |
Risk Factors
- Revenue growth of 41% YoY is partly driven by higher fuel prices and may not be sustainable
- Marine segment gross profit of $59M is up 131% but may normalize as bunker fuel prices stabilize
- Land segment volume declined 13% YoY, indicating ongoing portfolio contraction
- Accounts receivable grew to $3.13B with allowance for credit losses increasing to $49.5M from $15.6M at year-end 2025
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000789460-26-000054 |
| Document: wkc-20261029.htm | 0000789460-26-000054 |
| Document: 0000789460-26-000054-index-headers.html | 0000789460-26-000054 |
| Document: 0000789460-26-000054-index.html | 0000789460-26-000054 |
| Document: 0000789460-26-000054.txt | 0000789460-26-000054 |
| 8-K Data (Synthetic) | 0000789460-26-000054 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 29, 2026 3d ago | 8-K | $35.65 | awaiting T+60 | awaiting T+60 | $37.34 (+4.74%) |
Oct 27, 2026 4d ago | SC 13G/A | $36.61 | awaiting T+60 | awaiting T+60 | $37.34 (+1.99%) |
Sep 17, 2026 6w ago | 8-K | $35.83 | awaiting T+60 | awaiting T+60 | $37.34 (+4.21%) |
Aug 5, 2026 12w ago | Insider Cluster | $37.23 $37.34 | ▲ +0.30% | ▲ +1.97% | $37.34 (+0.30%) |
Jul 31, 2026 13w ago | Insider Cluster | $39.06 $36.38 | ▼ −6.86% | ▼ −8.44% | $37.34 (−4.40%) |
May 4, 2026 25w ago | Insider Cluster | $27.42 $40.25 | ▲ +46.79% | ▲ +44.93% | $37.34 (+36.18%) |
Apr 28, 2026 26w ago | DEFA14A | $27.01 $38.14 | ▲ +41.21% | ▲ +37.10% | $37.34 (+38.25%) |
Apr 23, 2026 27w ago | 8-K | $26.11 $36.47 | ▲ +39.68% | ▲ +34.60% | $37.34 (+43.01%) |
US Market Status
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