World Kinect marine fuels segment gross profit up 131 % on year for Q3 2026
Sharp rise primarily driven by higher profit contribution from the firm’s core resale business and certain physical locations, which continue to benefit from increased bunker fuel prices and global supply dynamics.
New York-listed global energy management company World Kinect Corporation recently announced that it recorded a 15.2% on year increase in gross profit for the third quarter (Q3) of 2026.
The company posted gross profit of USD 288 million million in Q3 2026, higher than gross profit of USD 250 million seen during Q3 2025.
Revenue for its combined aviation, land and marine segments in Q3 2026 was USD 13.3 billion, a 42% increase from revenue of USD 9.4 billion in Q3 2025.
Gross profit for its combined aviation, land and marine segments in Q3 2026 was USD 288 million, a 15% increase from USD 250 million in Q3 2025.
This story was originally published by Manifold Times. Read the full story at Manifold Times →
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