World Kinect Corp Q2 gross profit $232mln, net loss $339mln, adj. net income $33mln.

• World Kinect Corporation reports Q2 2025 results. • Gross profit: $232 million. • GAAP net loss: $339 million, or $6.06 per diluted share. • Adjusted net income: $33 million, or $0.59 per diluted share. • Adjusted EBITDA: $87 million. • Repurchased $35 million of common stock. • Aviation segment gross profit up 8% to $138 million. • Land segment gross profit down 17% to $67 million.

World Kinect Corporation (NYSE: WKC) has reported its financial results for the second quarter of 2025, highlighting a mix of positive and negative trends across its segments. The company reported a gross profit of $232 million, while GAAP net loss stood at $339 million, or $6.06 per diluted share [2]. Despite the net loss, the adjusted net income was $33 million, or $0.59 per diluted share, and adjusted EBITDA was $87 million.

The company's aviation segment showed strong performance, with gross profit up 8% to $138 million. The land segment, however, experienced a 17% decrease in gross profit, dropping to $67 million. This decrease was primarily attributed to the recent sale of the U.K. land business and exit from certain North American land operations in the fourth quarter of 2024, as well as a lower profit contribution from the liquid fuels business in North America [2].

World Kinect also repurchased $35 million of common stock during the quarter, demonstrating a commitment to enhancing shareholder value. The company increased its quarterly dividend by 18% and continued its transformation initiatives, recognizing $6 million in restructuring charges [2].

The company's financial summary for the quarter shows a significant increase in volume, revenue, and gross profit, despite a decrease in operating expenses. The adjusted operating margin improved to 24%, and the adjusted income from operations increased to $113 million, or $1.07 per diluted share [2].

An investor conference call is scheduled for July 31, 2025, at 5:00 PM Eastern Time to discuss the second quarter results. For more information, visit World Kinect's investor relations website at ir.worldkinect.com [2].

References:
[1] https://www.marketscreener.com/news/earnings-flash-wkc-world-kinect-corporation-posts-q2-adjusted-eps-0-59-per-share-vs-factset-est-ce7c5fddd08cfe25
[2] https://www.marketscreener.com/news/world-kinect-corporation-reports-second-quarter-2025-results-ce7c5fddd08cf724