World Kinect (WKC) Operating Expenses (2009 - 2026)
World Kinect's (WKC) quarterly Operating Expenses came in at $214.9 million in Q1 2026, down 9.32% year-on-year from $237.0 million in Q1 2025, and down 57.97% quarter-over-quarter from $511.3 million in Q4 2025.
World Kinect (WKC) Operating Expenses (2009 - 2026) Analysis & Trends
World Kinect has disclosed Operating Expenses across 18 years of filings, most recently posting $214.9 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $214.9 million, down 9.32% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 72.95% YoY), and the FY2025 annual result was $1.5 billion, up 85.42% from the prior year.
- Operating Expenses came in at $214.9 million for Q1 2026 at World Kinect, down from $511.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $577.5 million in Q2 2025 to a low of $186.8 million in Q3 2025.
- The 5-year median for Operating Expenses is $206.2 million (2023), against an average of $248.2 million.
- Across the five-year window, Operating Expenses surged 188.75% in 2025 and retreated 9.32% in 2026, its largest moves.
- World Kinect's Operating Expenses stood at $203.5 million in 2022, then rose by 21.72% to $247.7 million in 2023, then decreased by 7.55% to $229.0 million in 2024, then surged by 123.28% to $511.3 million in 2025, then sank by 57.97% to $214.9 million in 2026.
- The last three Operating Expenses figures came in at $214.9 million (Q1 2026), $511.3 million (Q4 2025), and $186.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 33.16 Bn |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 385.00 Mn |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | 32.74 Bn |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 6.28 Bn |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 330.00 Mn |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 803.77 Mn |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | 2.82 Bn |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 7.60 Bn |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | 60.00 Mn |
| 10 | World Kinect | 1.61 Bn | 1.38 Bn | 271.20 Mn | 214.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 214.90 Mn |
| Dec 31, 2025 | 511.30 Mn |
| Sep 30, 2025 | 186.80 Mn |
| Jun 30, 2025 | 577.50 Mn |
| Mar 31, 2025 | 237.00 Mn |
| Dec 31, 2024 | 229.00 Mn |
| Sep 30, 2024 | 195.80 Mn |
| Jun 30, 2024 | 200.00 Mn |
| Mar 31, 2024 | 190.80 Mn |
| Dec 31, 2023 | 247.70 Mn |
| Sep 30, 2023 | 208.20 Mn |
| Jun 30, 2023 | 206.20 Mn |
| Mar 31, 2023 | 198.20 Mn |
| Dec 31, 2022 | 203.50 Mn |
| Sep 30, 2022 | 222.00 Mn |
| Jun 30, 2022 | 200.60 Mn |
| Mar 31, 2022 | 189.60 Mn |
| Dec 31, 2021 | 182.90 Mn |
| Sep 30, 2021 | 155.80 Mn |
| Jun 30, 2021 | 153.00 Mn |