World Kinect (WKC) Cost of Revenue (2009 - 2026)
World Kinect (WKC) reported Cost of Revenue of $13.23 billion for Q2 2026, up 50.1% from $8.81 billion a year earlier and up 40.5% from the prior quarter.
World Kinect (WKC) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, World Kinect's Cost of Revenue came in at $40.58 billion, up 7.5% year-over-year; for FY2025, it came in at $35.97 billion, down 12.6% from FY2024.
- Cost of Revenue has declined for three consecutive years, though with a five-year compound annual growth rate of 13.0% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $41.14 billion in FY2024 (-11.8%), $46.65 billion in FY2023 (-19.5%), $57.95 billion in FY2022 (+89.7%) and $30.55 billion in FY2021 (+56.6%).
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue since Q4 2022.
- Year over year, Cost of Revenue gained in two of the last eight quarters, with an average decline of 3.9%.
- The high point for year-over-year Cost of Revenue in five years was Q2 2022 (growth of 144.4%); the low point was Q2 2023 (a decline of 36.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $9.41 billion (Q1 2026), $8.79 billion (Q4 2025) and $9.14 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 118.57 Bn | 108.97 Bn | 9.27 Bn | 43.06 Bn |
| 2 | Valero Energy | 116.99 Bn | 97.20 Bn | 5.47 Bn | 39.01 Bn |
| 3 | HF Sinclair | 20.15 Bn | 14.38 Bn | 1.57 Bn | 8.82 Bn |
| 4 | Sunoco | 10.25 Bn | 4.63 Bn | 1.46 Bn | 12.80 Bn |
| 5 | PBF Energy | 9.64 Bn | 7.33 Bn | 1.15 Bn | 10.53 Bn |
| 6 | Ultrapar Holdings | 7.95 Bn | 1.73 Bn | 912.61 Mn | 7.29 Bn |
| 7 | Cvr Energy | 5.51 Bn | 3.30 Bn | 117.00 Mn | 2.62 Bn |
| 8 | Icahn Enterprises | 4.74 Bn | -1.02 Bn | - | - |
| 9 | Delek US Holdings | 4.54 Bn | 2.27 Bn | 365.10 Mn | 3.72 Bn |
| 10 | World Kinect | 1.84 Bn | 891.01 Mn | 365.10 Mn | 13.23 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.23 Bn |
| Mar 31, 2026 | 9.41 Bn |
| Dec 31, 2025 | 8.79 Bn |
| Sep 30, 2025 | 9.14 Bn |
| Jun 30, 2025 | 8.81 Bn |
| Mar 31, 2025 | 9.22 Bn |
| Dec 31, 2024 | 9.50 Bn |
| Sep 30, 2024 | 10.22 Bn |
| Jun 30, 2024 | 10.72 Bn |
| Mar 31, 2024 | 10.70 Bn |
| Dec 31, 2023 | 11.77 Bn |
| Sep 30, 2023 | 11.96 Bn |
| Jun 30, 2023 | 10.70 Bn |
| Mar 31, 2023 | 12.22 Bn |
| Dec 31, 2022 | 13.60 Bn |
| Sep 30, 2022 | 15.34 Bn |
| Jun 30, 2022 | 16.87 Bn |
| Mar 31, 2022 | 12.15 Bn |
| Dec 31, 2021 | 9.73 Bn |
| Sep 30, 2021 | 8.15 Bn |
World Kinect Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=WKC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "WKC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=WKC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();