---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-018192"
form_type: "8-K"
ticker: "WKC"
cik: "0000789460"
company_name: "WORLD KINECT CORP"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:51:55.569160+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# World Kinect Q1 revenue falls 12% to $11.0B; net income up 20% to $27M; adj. EPS $0.47

## Summary
- Revenue $10.95B, down 12% YoY; gross profit $254M, down 3%.
- Net income $27.4M (+20%); diluted EPS $0.45 (+25%); adjusted EPS $0.47 (+31%).
- Aviation gross profit $108.4M (+8%), Land $97.3M (-12%), Marine $48.4M (-7%).
- Adjusted EBITDA $85.9M, down 1%; volume 4,414 million gallon equivalents, down 1%.
- CEO cites weather headwinds in Land, but aviation and marine performed well; outlook strong.

## SEC filing metadata
- accession: 0001628280-24-018192
- form_type: 8-K
- ticker: WKC
- cik: 0000789460
- company_name: WORLD KINECT CORP
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789460/000162828024018192/0001628280-24-018192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789460/000162828024018192/wkc-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-018192
- JSON: https://secwatch.observer/filing/0001628280-24-018192.json
- Plain text: https://secwatch.observer/filing/0001628280-24-018192.txt

## Key facts
- Earnings Releases
  WORLD KINECT CORP reported the first quarter of 2024 results: revenue $ 10,951, net income $ 27, EPS $ 0.45.
  - Period: the first quarter of 2024
  - Revenue: $ 10,951
  - Net income: $ 27
  - EPS: $ 0.45
  - Result: reported results
  source text: last year are as follows (unaudited - in millions, except percentages and per share data): Three Months Ended March 31, 2024 2023 Change Volume (1) 4,414 4,472 (1)% Revenue $ 10,951 $ 12,482 (12)% Gross profit $ 254 $ 263 (3)% Operating expenses $ 191 $ 198 (4)% Adjusted operating expenses $ 190 $ 198 (4)% Income (loss) from operations $ 63 $ 65 (2)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/789460/000162828024018192/0001628280-24-018192-index.htm

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