logo
Twitter
Discord
Email
logo
Kyndryl Holdings, Inc.

Kyndryl Holdings, Inc.

NYSE•KD
CEO: Mr. Martin J. Schroeter
Sector: Technology
Industry: Information Technology Services
Listing Date: 2021-10-22
Kyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services. It serves financial, technology, media and telecom, retail and travel, and automotive industries. The company was incorporated in 2020 and is headquartered in New York, New York.
Contact Information
One Vanderbilt Avenue, 15th Floor, New York, NY, 10017, United States
212-896-2098
www.kyndryl.com
Market Cap
$6.25B
P/E (TTM)
11.3
35.3
Dividend Yield
--
52W High
$44.20
52W Low
$23.28
52W Range
18%
Rank60Top 89.2%
2.1
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Weak • 2.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2019-2025

Financial Dashboard

Q2 2026 Data

Revenue

$3.72B-1.40%
4-Quarter Trend

EPS

$0.29-252.63%
4-Quarter Trend

FCF

$17.00M-113.18%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Net Income Swings Positive Net income $68M for Q3 2025, reversing prior year loss of $(43)M; 6-month net income $124M versus $(32)M loss.
Adjusted EBITDA Rises 16% Six-month Adjusted EBITDA reached $1.29B, marking a strong 16% increase over the prior period, showing efficiency gains.
Strong Revenue Backlog Visibility Remaining Performance Obligations total $34.0B unsatisfied at period end; 57% expected recognized within next two years.
US Segment Profitability Gains US segment Adjusted EBITDA grew 22% for the quarter to $195M, despite GAAP revenue declining 6% year-over-year.

Risk Factors

Operating Cash Flow Declines Net cash provided by operations fell sharply to $22M for six months, down from $101M last year due to receivables changes.
Ongoing Restructuring Charges Initiated Fiscal 2026 Program expects total workforce rebalancing charges of approximately $80M through fiscal 2026.
Macroeconomic Uncertainty Risks Global macroeconomic growth subdued amid trade tensions; uncertainty impacts revenue levels and operating expense composition.
Financing Cash Outflows Increase Cash used in financing activities totaled $310M for six months, driven by $154M in share repurchases under the program.

Outlook

Strategic Acquisition Announced Agreement reached to acquire Solvinity Group B.V. for approximately €100M, expected to close in the fourth quarter of fiscal 2026.
Cost Savings Expected Fiscal 2025 Program expects workforce activities to reduce annual payroll costs and expenses by over $200M in fiscal year 2026.
Share Repurchase Capacity Boosted Board approved $400M capacity increase to the Share Repurchase Program in November 2025, adding to remaining $51M.
RPO Conversion Timeline Majority of $34.0B RPO expected to convert to revenue within the next five years, providing strong revenue pipeline visibility.

Peer Comparison

Revenue (TTM)

Kyndryl Holdings, Inc.KD
$15.07B
-1.5%
Sanmina CorporationSANM
$8.13B
+7.4%
EPAM Systems, Inc.EPAM
$5.30B
+14.3%

Gross Margin (Latest Quarter)

Dolby Laboratories, Inc.DLB
87.1%
-1.7pp
Waystar Holding Corp.WAY
68.3%
+1.9pp
ExlService Holdings, Inc.EXLS
38.5%
+0.7pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
EPAM$11.71B31.710.1%3.2%
SANM$9.02B35.110.8%5.1%
AUR$8.89B-11.2-40.4%4.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.2%
Flat Growth
4Q Net Income CAGR
-31.9%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Next earnings:Feb 2, 2026
|
EPS:$0.60
|
Revenue:$3.89B
Reports
All Years

  • Form 10-Q - Q2 2026

    Period End: Sep 30, 2025|Filed: Nov 5, 2025|
    Revenue: $3.72B-1.4%
    |
    EPS: $0.29-252.6%
    Miss

  • Form 10-Q - Q1 2026

    Period End: Jun 30, 2025|Filed: Aug 5, 2025|
    Revenue: $3.80B+1.6%
    |
    EPS: $0.30+500.0%
    Miss

  • Form 10-K - FY 2025

    Period End: Mar 31, 2025|Filed: May 30, 2025|
    Revenue: $15.06B-6.2%
    |
    EPS: $1.09+173.6%
    Beat

  • Form 10-Q - Q3 2025

    Period End: Dec 31, 2024|Filed: Feb 6, 2025|
    Revenue: $3.74B-4.9%
    |
    EPS: $0.93-1878.2%
    Beat

  • Form 10-Q - Q2 2025

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $3.77B-7.3%
    |
    EPS: $-0.19-69.4%
    Miss

  • Form 10-Q - Q1 2025

    Period End: Jun 30, 2024|Filed: Aug 7, 2024|
    Revenue: $3.74B-10.8%
    |
    EPS: $0.05-108.1%
    Miss

  • Form 10-K - FY 2024

    Period End: Mar 31, 2024|Filed: May 30, 2024|
    Revenue: $16.05B-5.7%
    |
    EPS: $-1.48+75.6%
    Miss

  • Form 10-Q - Q3 2024

    Period End: Dec 31, 2023|Filed: Feb 7, 2024|
    Revenue: $3.94B-8.5%
    |
    EPS: $-0.05-88.9%
    Miss