World Kinect Corporation (WKC) Stock Rises on Q1 2026 Earnings

By: Quiver EarningsTracker

Posted: 1 day, 18 hours ago / April 23, 2026 8:53 p.m. UTC

WKC

World Kinect Corporation (WKC) reported first-quarter 2026 revenue of $9.69 billion, up 2.46% year-over-year and ahead of the consensus estimate of $8.80 billion.

Key income statement highlights:

Gross profit of $271.2 million, up 17.71% year-over-year.

Operating profit of $56.3 million, down 953.03% year-over-year.

Net income attributable to common shareholders of $26.2 million, down 224.17% year-over-year.

Diluted earnings per share of $0.50 versus an estimate of $0.32.

Cost of sales of $9.41 billion, up 2.08% year-over-year.

Cash flow and balance sheet snapshots:

Cash from operating activities: -$46.4 million (down 140.56% year-over-year).

Purchases of property, plant and equipment: -$13.8 million (down 9.21% year-over-year).

Cash and cash equivalents: $151.1 million (down 66.89% year-over-year).

Total liabilities: $5.59 billion, up 19.96% year-over-year.

Market reaction:

Stock price change since market close: 20.01%.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

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World Kinect Corporation Hedge Fund Activity

We have seen 110 institutional investors add shares of World Kinect Corporation stock to their portfolio, and 145 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MILLENNIUM MANAGEMENT LLC removed 1,399,393 shares (-87.3%) from their portfolio in Q4 2025, for an estimated $32,787,777
BRANDES INVESTMENT PARTNERS, LP added 907,490 shares (+30.9%) to their portfolio in Q4 2025, for an estimated $21,262,490
PRINCIPAL FINANCIAL GROUP INC removed 721,282 shares (-68.0%) from their portfolio in Q4 2025, for an estimated $16,899,637
FIRST TRUST ADVISORS LP removed 715,794 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $16,771,053
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 551,324 shares (-74.7%) from their portfolio in Q4 2025, for an estimated $12,917,521
PACER ADVISORS, INC. added 402,352 shares (+inf%) to their portfolio in Q4 2025, for an estimated $9,427,107
BOSTON PARTNERS removed 397,811 shares (-25.4%) from their portfolio in Q4 2025, for an estimated $9,320,711

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

World Kinect Corporation Government Contracts

We have seen $629,572 of award payments to $WKC over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.