---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-011130"
form_type: "8-K"
ticker: "WKC"
cik: "0000789460"
company_name: "WORLD KINECT CORP"
filed_at: "2022-04-28T23:59:59+00:00"
generated_at: "2026-06-26T03:43:18.949683+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# World Fuel Services Q1 gross profit up 21% to $230.9M; adj. EPS $0.42

## Summary
- GAAP net income of $26.3M ($0.41 diluted EPS); adjusted net income $26.8M ($0.42).
- Aviation gross profit fell 16% YoY to $64.2M on inventory losses and Afghanistan withdrawal.
- Marine gross profit surged 85% to $47.0M; land rose 34% to $119.8M, boosted by Flyers Energy.
- Adjusted EBITDA of $74.9M; higher fuel prices increased working capital requirements.
- No guidance or dividend changes; management cites strong balance sheet and disciplined capital allocation.

## SEC filing metadata
- accession: 0001628280-22-011130
- form_type: 8-K
- ticker: WKC
- cik: 0000789460
- company_name: WORLD KINECT CORP
- filed_at: 2022-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789460/000162828022011130/0001628280-22-011130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789460/000162828022011130/int-20220428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-011130
- JSON: https://secwatch.observer/filing/0001628280-22-011130.json
- Plain text: https://secwatch.observer/filing/0001628280-22-011130.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.