World Kinect posts $280 million Q4 net loss on $247 million in impairments
World Kinect reported a fourth-quarter 2025 GAAP net loss of $280 million, or $5.11 per diluted share, after $247 million of impairments and $77 million of restructuring and exit costs, with revenue down 7% from a year earlier. For the full year, GAAP net loss was $614 million, or $10.99 per share, and adjusted EPS fell 12% to $1.91, while the company guided to 2026 adjusted EPS of $2.20 to $2.40.
Key points
- Q4 2025 revenue was $9.03 billion, down 7%, and adjusted diluted EPS was $0.30 versus $0.62 a year earlier.
- Full-year 2025 revenue was $36.92 billion, down 12%, and adjusted diluted EPS was $1.91 versus $2.18.
- Q4 included $247 million of non-cash impairments, of which $169 million was goodwill, mainly in the Land segment.
- For full-year 2026, the company expects adjusted diluted EPS in the range of $2.20 to $2.40.
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 19, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.