8-K Announcements
6May 6, 2026·SEC
Feb 9, 2026·SEC
Feb 9, 2026·SEC
Kyndryl Holdings, Inc. (KD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Kyndryl Holdings, Inc. (KD) stock price & volume — 10-year historical chart
Kyndryl Holdings, Inc. (KD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Kyndryl Holdings, Inc. (KD) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.18vs $0.43-58.1% | $3.8Bvs $3.7B+0.5% |
| Q1 2026 | Feb 9, 2026 | $0.52vs $0.60-13.3% | $3.9Bvs $3.9B-0.7% |
| Q4 2025 | Nov 4, 2025 | $0.38vs $0.36+6.3% | $3.7Bvs $4.0B-6.2% |
| Q3 2025 | Aug 4, 2025 | $0.37vs $0.36+1.8% | $3.7Bvs $3.8B-2.5% |
Kyndryl Holdings, Inc. (KD) competitors in Managed IT Services and Outsourcing — business model, growth, and fundamentals comparison
Kyndryl Holdings, Inc. (KD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Kyndryl Holdings, Inc. (KD) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 20.28B | 18.66B | 18.66B | 17.03B | 16.05B | 15.06B | 15.09B |
| Revenue Growth % | - | -8% | 0% | -8.74% | -5.72% | -6.2% | 0.23% |
| Cost of Goods Sold | 17.68B | 16.55B | 16.55B | 14.5B | 13.19B | 11.91B | 0 |
| COGS % of Revenue | 87.19% | 88.71% | 88.71% | 85.15% | 82.16% | 79.13% | - |
| Gross Profit | 2.6B▲ 0% | 2.11B▼ 18.9% | 2.11B▲ 0.0% | 2.53B▲ 20.0% | 2.86B▲ 13.3% | 3.14B▲ 9.8% | 0▼ 100.0% |
| Gross Margin % | 12.81% | 11.29% | 11.29% | 14.85% | 17.84% | 20.87% | - |
| Gross Profit Growth % | - | -18.87% | 0% | 19.98% | 13.25% | 9.78% | -100% |
| Operating Expenses | 3.23B | 2.78B | 2.78B | 2.91B | 2.77B | 2.59B | 2.65B |
| OpEx % of Revenue | 15.92% | 14.88% | 14.88% | 17.11% | 17.28% | 17.21% | 17.59% |
| Selling, General & Admin | 3.15B | 2.78B | 2.78B | 2.91B | 2.77B | 2.59B | 2.65B |
| SG&A % of Revenue | 15.51% | 14.88% | 14.88% | 17.11% | 17.28% | 17.21% | 17.59% |
| Research & Development | 83M | 0 | 23M | 79M | 58M | 49M | 0 |
| R&D % of Revenue | 0.41% | - | 0.12% | 0.46% | 0.36% | 0.33% | - |
| Other Operating Expenses | 0 | 0 | -23M | -79M | -58M | -49M | 0 |
| Operating Income | -631M▲ 0% | -669M▼ 6.0% | -669M▲ 0.0% | -386M▲ 42.3% | 90M▲ 123.3% | 552M▲ 513.3% | 0▼ 100.0% |
| Operating Margin % | -3.11% | -3.59% | -3.59% | -2.27% | 0.56% | 3.67% | - |
| Operating Income Growth % | - | -6.02% | 0% | 42.3% | 123.32% | 513.33% | -100% |
| EBITDA | 867M | 995M | 995M | 988M | 1.27B | 1.57B | 0 |
| EBITDA Margin % | 4.28% | 5.33% | 5.33% | 5.8% | 7.93% | 10.42% | - |
| EBITDA Growth % | - | 14.76% | 0% | -0.7% | 28.85% | 23.25% | -100% |
| D&A (Non-Cash Add-back) | 1.5B | 1.66B | 1.66B | 1.37B | 1.18B | 1.02B | 0 |
| EBIT | -523M | -1.84B | -1.84B | -757M | -46M | 535M | 0 |
| Net Interest Income | -76M | -64M | -64M | -94M | -122M | -100M | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 76M | 64M | 64M | 94M | 122M | 100M | 89M |
| Other Income/Expense | 52M | -1.23B | -1.23B | -465M | -258M | -117M | 0 |
| Pretax Income | -579M▲ 0% | -1.9B▼ 228.7% | -1.9B▲ 0.0% | -851M▲ 55.3% | -168M▲ 80.3% | 435M▲ 358.9% | 414M▼ 4.8% |
| Pretax Margin % | -2.86% | -10.2% | -10.2% | -5% | -1.05% | 2.89% | 2.74% |
| Income Tax | 364M | 402M | 402M | 524M | 172M | 184M | 215M |
| Effective Tax Rate % | -62.87% | -21.12% | -21.12% | -61.57% | -102.38% | 42.3% | 51.93% |
| Net Income | -943M▲ 0% | -2.3B▼ 144.3% | -2.3B▲ 0.0% | -1.37B▲ 40.4% | -340M▲ 75.3% | 252M▲ 174.1% | 198M▼ 21.4% |
| Net Margin % | -4.65% | -12.35% | -12.35% | -8.07% | -2.12% | 1.67% | 1.31% |
| Net Income Growth % | - | -144.33% | 0% | 40.36% | 75.25% | 174.12% | -21.43% |
| Net Income (Continuing) | -943M | -2.31B | -2.31B | -1.38B | -340M | 251M | 198M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 56M | 3M | 3M | 97M | 107M | 113M | 0 |
| EPS (Diluted) | -4.21▲ 0% | -8.99▼ 113.5% | -10.28▼ 14.3% | -6.06▲ 41.1% | -1.48▲ 75.6% | 1.05▲ 170.9% | 0.85▼ 19.0% |
| EPS Growth % | - | -113.54% | -14.35% | 41.05% | 75.58% | 170.95% | -19.05% |
| EPS (Basic) | -4.21 | -8.99 | -10.28 | -6.06 | -1.48 | 1.09 | 0.87 |
| Diluted Shares Outstanding | 223.92M | 223.92M | 224.1M | 226.7M | 229.2M | 239.1M | 233.8M |
| Basic Shares Outstanding | 223.92M | 223.92M | 224.1M | 226.7M | 229.2M | 231.5M | 228.3M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
Kyndryl Holdings, Inc. (KD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 3.15B | 5.78B | 5.78B | 4.96B | 4.75B | 4.59B | 1.03B |
| Cash & Short-Term Investments | 36M | 2.22B | 2.22B | 1.85B | 1.55B | 1.79B | 948M |
| Cash Only | 36M | 2.22B | 2.22B | 1.85B | 1.55B | 1.79B | 948M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.79B | 2.28B | 2.28B | 1.52B | 1.6B | 1.34B | 84M |
| Days Sales Outstanding | 32.22 | 44.59 | 44.59 | 32.65 | 36.36 | 32.6 | 2.03 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - |
| Other Current Assets | 1.15B | 938M | 938M | 1.59B | 1.59B | 1.46B | 0 |
| Total Non-Current Assets | 8.59B | 7.44B | 7.44B | 6.5B | 5.84B | 5.86B | 748M |
| Property, Plant & Equipment | 5.34B | 4.29B | 4.29B | 3.74B | 3.54B | 3.3B | 721M |
| Fixed Asset Turnover | 3.80x | 4.35x | 4.35x | 4.55x | 4.54x | 4.56x | 20.93x |
| Goodwill | 1.16B | 732M | 732M | 812M | 805M | 790M | 0 |
| Intangible Assets | 89M | 36M | 36M | 171M | 188M | 217M | 27M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.65B | 1.71B | 1.71B | 1.53B | 1.09B | 1.35B | 0 |
| Total Assets | 11.74B▲ 0% | 13.21B▲ 12.5% | 13.21B▲ 0.0% | 11.46B▼ 13.2% | 10.59B▼ 7.6% | 10.45B▼ 1.3% | 1.78B▼ 83.0% |
| Asset Turnover | 1.73x | 1.41x | 1.41x | 1.49x | 1.52x | 1.44x | 8.48x |
| Asset Growth % | - | 12.51% | 0% | -13.24% | -7.62% | -1.3% | -82.97% |
| Total Current Liabilities | 3.41B | 4.46B | 4.46B | 4.87B | 4.59B | 4.3B | 58M |
| Accounts Payable | 826M | 1.14B | 1.14B | 1.77B | 1.41B | 1.35B | -93M |
| Days Payables Outstanding | 17.05 | 25.14 | 25.14 | 44.66 | 38.97 | 41.39 | - |
| Short-Term Debt | 0 | 105M | 105M | 110M | 126M | 129M | 0 |
| Deferred Revenue (Current) | 896M | 872M | 872M | 820M | 825M | 746M | 0 |
| Other Current Liabilities | 957M | 961M | 961M | 606M | 655M | 681M | 58M |
| Current Ratio | 0.92x | 1.30x | 1.30x | 1.02x | 1.03x | 1.07x | 17.79x |
| Quick Ratio | 0.92x | 1.30x | 1.30x | 1.02x | 1.03x | 1.07x | 17.79x |
| Cash Conversion Cycle | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 2.39B | 5.99B | 5.99B | 5.13B | 4.88B | 4.82B | 0 |
| Long-Term Debt | 0 | 3.13B | 3.13B | 3.11B | 3.11B | 3.04B | 0 |
| Capital Lease Obligations | 990M | 1.01B | 1.01B | 707M | 622M | 511M | 0 |
| Deferred Tax Liabilities | 80M | 179M | 179M | 183M | 145M | 187M | 0 |
| Other Non-Current Liabilities | 703M | 1.2B | 1.2B | 771M | 686M | 739M | 0 |
| Total Liabilities | 5.8B | 10.45B | 10.45B | 10B | 9.47B | 9.12B | 0 |
| Total Debt | 1.36B | 4.6B | 4.6B | 4.24B | 4.14B | 3.96B | 0 |
| Net Debt | 1.32B | 2.38B | 2.38B | 2.4B | 2.59B | 2.17B | -948M |
| Debt / Equity | 0.23x | 1.66x | 1.66x | 2.90x | 3.69x | 2.97x | - |
| Debt / EBITDA | 1.57x | 4.62x | 4.62x | 4.30x | 3.26x | 2.52x | - |
| Net Debt / EBITDA | 1.53x | 2.39x | 2.39x | 2.43x | 2.04x | 1.38x | - |
| Interest Coverage | -6.88x | -28.73x | -28.73x | -8.05x | -0.38x | 5.35x | - |
| Total Equity | 5.95B▲ 0% | 2.77B▼ 53.5% | 2.77B▲ 0.0% | 1.46B▼ 47.2% | 1.12B▼ 23.3% | 1.33B▲ 18.7% | 0▼ 100.0% |
| Equity Growth % | - | -53.46% | 0% | -47.18% | -23.26% | 18.72% | -100% |
| Book Value per Share | 26.56 | 12.36 | 12.35 | 6.45 | 4.90 | 5.57 | - |
| Total Shareholders' Equity | 5.89B | 2.77B | 2.77B | 1.36B | 1.01B | 1.22B | 0 |
| Common Stock | 7.11B | 4.28B | 4.28B | 4.43B | 4.52B | 4.63B | -398M |
| Retained Earnings | 0 | -375M | -375M | -1.98B | -2.32B | -2.07B | 0 |
| Treasury Stock | 0 | -1M | -1M | -23M | -45M | -184M | 0 |
| Accumulated OCI | -1.22B | -1.14B | -1.14B | -1.06B | -1.15B | -1.16B | 0 |
| Minority Interest | 56M | 3M | 3M | 97M | 107M | 113M | 0 |
Kyndryl Holdings, Inc. (KD) cash flow — operating, investing & free cash flow history
| Line item | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.13B | 628M | -119M | 454M | 454M | 942M | 948M |
| Operating CF Margin % | 5.59% | 3.37% | -0.64% | 2.67% | 2.83% | 6.26% | 6.28% |
| Operating CF Growth % | - | -44.62% | -118.95% | 481.51% | 0% | 107.49% | 0.64% |
| Net Income | -943M | -2.01B | -2.3B | -340M | -340M | 252M | 198M |
| Depreciation & Amortization | 4.04B | 3.96B | 1.66B | 1.18B | 1.18B | 1.02B | 0 |
| Stock-Based Compensation | 0 | 64M | 71M | 95M | 95M | 100M | 0 |
| Deferred Taxes | -33M | 0 | -401M | -13M | -13M | -1M | 0 |
| Other Non-Cash Items | 52M | 318M | 2.32B | 1.83B | 1.83B | 1.55B | 750M |
| Working Capital Changes | -1.98B | -1.71B | -1.47B | -2.3B | -2.3B | -1.97B | 0 |
| Change in Receivables | 23M | 387M | -1.08B | 11M | 11M | 289M | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 33M | 0 | 125M | -305M | -305M | -89M | 0 |
| Cash from Investing | -1.13B | -953M | -572M | -553M | -553M | -404M | 0 |
| Capital Expenditures | -1.19B | -1.04B | -752M | -651M | -651M | -605M | 0 |
| CapEx % of Revenue | 5.87% | 5.55% | 4.03% | 3.82% | 4.06% | 4.02% | - |
| Acquisitions | 63M | 0 | 0 | 0 | 0 | 139M | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | -1M | 83M | 180M | 98M | 98M | 62M | 0 |
| Cash from Financing | 0 | 312M | 2.92B | -170M | -170M | -286M | 0 |
| Debt Issued (Net) | -18M | -66M | 2.95B | -150M | -150M | -148M | 0 |
| Equity Issued (Net) | 18M | 0 | -1M | -22M | -22M | -138M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -1M | -22M | -22M | -138M | 0 |
| Other Financing | 0 | 378M | -31M | 2M | 2M | 0 | 0 |
| Net Change in Cash | 4M▲ 0% | -12M▼ 400.0% | 2.2B▲ 18450.0% | -306M▼ 113.9% | -306M▲ 0.0% | 235M▲ 176.8% | 0▼ 100.0% |
| Free Cash Flow | -56M▲ 0% | -408M▼ 628.6% | -871M▼ 113.5% | -197M▲ 77.4% | -197M▲ 0.0% | 337M▲ 271.1% | 948M▲ 181.3% |
| FCF Margin % | -0.28% | -2.19% | -4.67% | -1.16% | -1.23% | 2.24% | 6.28% |
| FCF Growth % | - | -628.57% | -113.48% | 77.38% | 0% | 271.07% | 181.31% |
| FCF per Share | -0.25 | -1.82 | -3.89 | -0.87 | -0.86 | 1.41 | 4.05 |
| FCF Conversion (FCF/Net Income) | -1.20x | -0.27x | 0.05x | -0.33x | -1.34x | 3.74x | 4.79x |
| Interest Paid | 0 | 0 | 2M | 98M | 118M | 119M | 0 |
| Taxes Paid | 0 | 0 | 12M | 167M | 191M | 149M | 0 |
Kyndryl Holdings, Inc. (KD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -15.85% | -52.87% | -83.24% | -64.96% | -26.32% | 20.54% | - |
| Return on Invested Capital (ROIC) | -6.51% | -8.08% | -9.75% | -6.43% | 1.78% | 11.47% | - |
| Gross Margin | 12.81% | 11.29% | 11.29% | 14.85% | 17.84% | 20.87% | - |
| Net Margin | -4.65% | -12.35% | -12.35% | -8.07% | -2.12% | 1.67% | 1.31% |
| Debt / Equity | 0.23x | 1.66x | 1.66x | 2.90x | 3.69x | 2.97x | - |
| Interest Coverage | -6.88x | -28.73x | -28.73x | -8.05x | -0.38x | 5.35x | - |
| FCF Conversion | -1.20x | -0.27x | 0.05x | -0.33x | -1.34x | 3.74x | 4.79x |
| Revenue Growth | - | -8% | 0% | -8.74% | -5.72% | -6.2% | 0.23% |
Kyndryl Holdings, Inc. (KD) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 6, 2026·SEC
Feb 9, 2026·SEC
Feb 9, 2026·SEC
Kyndryl Holdings, Inc. (KD) stock FAQ — growth, dividends, profitability & financials explained
Kyndryl Holdings, Inc. (KD) reported $15.09B in revenue for fiscal year 2026. This represents a 26% decrease from $20.28B in 2020.
Kyndryl Holdings, Inc. (KD) grew revenue by 0.2% over the past year. Growth has been modest.
Yes, Kyndryl Holdings, Inc. (KD) is profitable, generating $198.0M in net income for fiscal year 2026 (1.3% net margin).
Kyndryl Holdings, Inc. (KD) generated $457.0M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Kyndryl Holdings, Inc. (KD) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates