Short answer
WORLD KINECT CORP (WKC) filed its Q3 2025 10-Q quarterly report on Oct 24, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $9.4B (down 10.5% year over year) with net income of $26M.
Q3 2025 key financials · XBRL
- Revenue
- $9.4B
- −10.5% YoY · +3.9% QoQ
- Net income
- $26M
- −23.3% YoY · +107.6% QoQ
- Operating margin
- 0.7%
- Gross margin
- 2.7%
- EPS (diluted)
- $0.43
- −24.6% YoY · +107.2% QoQ
Source: XBRL data from the WORLD KINECT CORP (WKC) Q3 2025 10-Q on SEC EDGAR. USD.
WORLD KINECT CORP Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Goodwill impairment charge $359.0M recognized on land reporting unit due to fair value below carrying value
- Operating cash flow $258.7M for nine months 2025 vs $139.6M in 2024, increase of $119.1M
- Investing cash flow usage $4.8M in 2025 vs net cash provided $98.9M in 2024, due to capital expenditures and acquisitions
- Financing cash flow usage $163.7M in 2025 vs $162.6M in 2024, driven by debt repayments, stock repurchases $45M, dividends $30.3M
- Acquisition agreement to purchase Trip Support Services division for $220M, $160M payable Q4 2025, $60M over 4 years
- No updated near-term guidance or emerging headwinds discussed in provided section
Risk Factors
- New restructuring charges of $25.9M YTD triggered by 2025 Restructuring Plan initiatives impacting operating expenses
- Most material update: $443.1M goodwill and asset impairment charges recognized YTD due to asset valuation adjustments
- Legal/regulatory risk: Covenant compliance required under Credit Agreement limiting leverage to 4.75x or risk default and acceleration of debt
- Operational risk: 20% YTD revenue decline in Land segment driven by unfavorable market conditions and asset divestitures, pressuring near-term results
- Financial risk: Increased foreign currency losses contributing $1.4M higher non-operating expenses Q3 2025 vs Q3 2024, affecting earnings and cash flow
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other WORLD KINECT CORP quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.