{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-025937","form_type":"8-K","ticker":"WKC","cik":"0000789460","company_name":"WORLD KINECT CORP","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.655626+00:00","generated_at":"2026-06-13T01:29:26.743460+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"World Kinect Q2 net income +23% to $30M; GAAP EPS $0.48; gross profit +11%","bullets":["GAAP diluted EPS $0.48; net income $30M (+23%); adjusted EBITDA $99M (+29%).","Gross profit $282M (+11%); revenue $10.98B (-36%) on lower commodity prices.","Aviation gross profit $128M (+143%); Land $111M (-9%); Marine $42M (-46%).","Issued $350M 3.25% convertible notes due 2028; conversion price $40.14.","Repurchased $50M in shares; corporate name changed to World Kinect (WKC)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-025937","json":"https://secwatch.observer/filing/0001628280-23-025937.json","markdown":"https://secwatch.observer/filing/0001628280-23-025937.md","text":"https://secwatch.observer/filing/0001628280-23-025937.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/789460/000162828023025937/0001628280-23-025937-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/789460/000162828023025937/wkc-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T01:29:26.743460+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b569179637c3cf2709a10fc4cab48385596feb37","claim":"WORLD KINECT CORP reported second quarter of 2023 results: revenue $10,981, net income $30 million, EPS $0.48.","evidence_excerpt":"percentages and per share data): Three Months Ended June 30, Six Months Ended June 30, 2023 2022 Change 2023 2022 Change Volume (1) 4,465 4,651 (4)% 8,937 9,127 (2)% Revenue $ 10,981 $ 17,122 (36)% $ 23,462 $ 29,504 (20)% Gross profit $ 282 $ 253 11% $ 544 $ 484 12% Income from operations $ 76 $ 53 43% $ 140 $ 94 49% Income from operations as a percentage of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/789460/000162828023025937/0001628280-23-025937-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$10,981"},{"label":"Net income","value":"$30 million"},{"label":"EPS","value":"$0.48"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fc60c4fa512fc346227b95a70d3041eddbf02aca","claim":"WORLD KINECT CORP reported six months ended June 30, 2023 results: revenue $23,462, net income $52.7 million, EPS $0.84.","evidence_excerpt":"data): Three Months Ended June 30, Six Months Ended June 30, 2023 2022 Change 2023 2022 Change Volume (1) 4,465 4,651 (4)% 8,937 9,127 (2)% Revenue $ 10,981 $ 17,122 (36)% $ 23,462 $ 29,504 (20)% Gross profit $ 282 $ 253 11% $ 544 $ 484 12% Income from operations $ 76 $ 53 43% $ 140 $ 94 49% Income from operations as a percentage of gross profit 27% 21% 26%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/789460/000162828023025937/0001628280-23-025937-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended June 30, 2023"},{"label":"Revenue","value":"$23,462"},{"label":"Net income","value":"$52.7 million"},{"label":"EPS","value":"$0.84"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}