World Kinect Corporation (WKC) Earnings Call Transcripts

World Kinect Corporation's Latest Earnings Call - Q1 FY2026

World Kinect Corporation (WKC:US) reported a strong first quarter for fiscal year 2026, driven by robust performance in its Marine and Aviation segments amidst a volatile energy market. Revenue for the quarter was $254 million, reflecting a 10% year-over-year increase, while gross profit from Marine surged 86% to $66 million. Management raised full-year adjusted EPS guidance to a range of $2.65 to $2.85, up from $2.20 to $2.40, indicating confidence in sustained performance despite ongoing market volatility.

Reported metrics

Guidance from management

Management expects overall adjusted EPS to be higher year-over-year for the second quarter, while maintaining a cautious outlook due to ongoing market volatility. They anticipate that the majority of exit-related activities will be completed by the end of the second quarter.

What management said

Yes. Ken, thanks for the question. What we're kind of flowing through our guidance is a pickup from Q1. While we're taking some headwinds into April, obviously, the dynamic market pretty volatile. So we're balancing it out. There's a lot of quarter left. So our guidance for the remainder of the year kind of holds consistently. The increased guidance is really a reflection of the Q1 overperformance that we have alread...

Yes, said in a different way, Ken or not that different. Considering where we informally guided to for the first quarter, that $2 that you're referring to for the rest of the year is pretty consistent with where we thought the Q2 through Q4 would be going into the first quarter. There -- obviously, there's the opportunity for some additional upside. But as you see from what's going on today, we have a different story...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of the Marine segment's profitability given the recent volatility in pricing. There were also questions about the potential impact of geopolitical tensions on global supply and customer demand, particularly in the Aviation segment.

Main topics on the call

• Strong Marine Performance — The Marine segment saw gross profit increase by 86% year-over-year, reaching $66 million, attributed to effective management during heightened market volatility. CEO Ira Birns stated, "Performance was driven by teams exe...
• Aviation Segment Exceeds Expectations — Aviation gross profit rose 20% year-over-year to $138 million, driven by favorable market conditions and the integration of the Universal Trip Support business. Management noted, "Core Aviation results exceeded our expec...
• Land Segment Performance — Land's results were in line with expectations, with gross profit down 38% year-over-year, reflecting ongoing portfolio exits. CFO Mike Tejada mentioned, "The remaining exit-related activities are progressing as planned a...
• Guidance Update — Management raised full-year adjusted EPS guidance to $2.65 to $2.85, up from $2.20 to $2.40, reflecting strong Q1 performance. Tejada stated, "The increased guidance is really a reflection of the Q1 overperformance that ...

Read the full World Kinect Corporation transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 World Kinect Corporation earnings call transcripts on record, spanning February 27, 2020 to July 23, 2026. Based on this history, World Kinect Corporation reports quarterly. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

WKC

Exchange

NYSE

Country

US

Sector

Energy

Industry

Oil, Gas and Consumable Fuels

Calls on record

27

First call

February 27, 2020

Most recent

July 23, 2026

Reporting cadence

quarterly