earnings
confidence high
sentiment negative
materiality 0.75
World Kinect posts Q2 net loss of $339M on $367M goodwill and $32M asset impairments; adjusted EPS $0.59
WORLD KINECT CORP
2025-Q2 EPS reported
-$6.38
revenue$18,495,800,000
- Q2 GAAP net loss of $339M ($6.06 diluted loss); adjusted net income $33M ($0.59 diluted).
- Gross profit $232M; revenue $9.04B, down 18% YoY from $10.97B.
- Non-cash impairments of $367M (Land goodwill/intangibles) and $32M (Marine physical location).
- U.K. land fuels sale closed April 9, resulting in $82M pre-tax loss.
- Repurchased $35M stock; quarterly dividend increased 18%.