Kyndryl Holdings, Inc. (KD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 3.77B | 3.86B | 3.72B | 3.74B | 3.8B | 3.74B | 3.77B | 3.74B | 3.85B | 3.77B | 3.74B | 4.19B | 4.25B | 4.3B | 4.18B | 4.29B | 4.43B | 4.55B | 4.58B | 4.75B |
| Revenue Growth % | -0.82% | 3.07% | -1.4% | 0.11% | -1.3% | -0.79% | 0.94% | -10.83% | -9.52% | -12.29% | -10.53% | -2.22% | -3.97% | -5.53% | -8.74% | -9.75% | -7.13% | - | - | - |
| Cost of Goods Sold | 2.92B | 3.02B | 2.92B | 2.94B | 2.94B | 2.98B | 3.02B | 2.93B | 3.12B | 3.02B | 2.93B | 3.45B | 3.54B | 3.6B | 3.61B | 3.68B | 3.82B | 4.01B | 4.08B | 4.22B |
| COGS % of Revenue | 77.53% | 78.16% | 78.47% | 78.68% | 77.29% | 79.62% | 80.13% | 78.47% | 81.09% | 80.13% | 78.47% | 82.28% | 83.22% | 83.62% | 86.46% | 85.77% | 86.28% | 88.06% | 89.12% | 88.93% |
| Gross Profit | 847M | 843M | 801M | 798M | 863M | 763M | 750M | 805M | 728M | 750M | 805M | 743M | 714M | 705M | 566M | 610M | 608M | 544M | 498M | 526M |
| Gross Margin % | 22.47% | 21.84% | 21.53% | 21.32% | 22.71% | 20.38% | 19.87% | 21.53% | 18.91% | 19.87% | 21.53% | 17.72% | 16.78% | 16.38% | 13.54% | 14.23% | 13.72% | 11.94% | 10.88% | 11.07% |
| Gross Profit Growth % | -1.85% | 10.48% | 6.8% | -0.87% | 18.54% | 1.73% | -6.83% | 8.34% | 1.96% | 6.38% | 42.23% | 21.8% | 17.43% | 29.6% | 13.65% | 15.97% | 34.22% | - | - | - |
| Operating Expenses | 678M | 672M | 661M | 646M | 639M | 647M | 647M | 657M | 779M | 647M | 657M | 720M | 852M | 731M | 706M | 694M | 770M | 725M | 700M | 714M |
| OpEx % of Revenue | 17.99% | 17.41% | 17.76% | 17.26% | 16.82% | 17.28% | 17.14% | 17.57% | 20.23% | 17.14% | 17.57% | 17.17% | 20.02% | 16.99% | 16.89% | 16.18% | 17.38% | 15.92% | 15.29% | 15.03% |
| Selling, General & Admin | 678M | 672M | 661M | 646M | 639M | 647M | 647M | 657M | 721M | 647M | 657M | 720M | 773M | 731M | 706M | 694M | 747M | 704M | 687M | 699M |
| SG&A % of Revenue | 17.99% | 17.41% | 17.76% | 17.26% | 16.82% | 17.28% | 17.14% | 17.57% | 18.73% | 17.14% | 17.57% | 17.17% | 18.17% | 16.99% | 16.89% | 16.18% | 16.86% | 15.46% | 15% | 14.71% |
| Research & Development | 0 | 0 | 0 | 0 | 49M | 0 | 0 | 0 | 58M | 0 | 0 | 0 | 79M | 0 | 0 | 0 | 23M | 21M | 13M | 15M |
| R&D % of Revenue | - | - | - | - | 1.29% | - | - | - | 1.51% | - | - | - | 1.86% | - | - | - | 0.52% | 0.46% | 0.28% | 0.32% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 171M | 172M | 140M | 152M | 224M | 116M | 103M | 148M | -51M | 103M | 148M | 23M | -138M | -26M | -140M | -84M | -162M | -181M | -202M | -188M |
| Operating Margin % | 4.54% | 4.46% | 3.76% | 4.06% | 5.89% | 3.1% | 2.73% | 3.96% | -1.32% | 2.73% | 3.96% | 0.55% | -3.24% | -0.6% | -3.35% | -1.96% | -3.66% | -3.97% | -4.41% | -3.96% |
| Operating Income Growth % | -23.66% | 48.28% | 35.92% | 2.7% | 539.22% | 12.62% | -30.41% | 543.48% | 63.04% | 496.15% | 205.71% | 127.38% | 14.81% | 85.64% | 30.69% | 55.32% | 37.93% | - | - | - |
| EBITDA | 1.37B | 868M | 334M | 837M | 939M | 383M | 346M | 352M | 118M | 346M | 352M | 795M | 91M | 751M | 599M | 648M | 91M | 125M | 643M | 1.06B |
| EBITDA Margin % | 36.38% | 22.49% | 8.98% | 22.36% | 24.71% | 10.23% | 9.17% | 9.41% | 3.06% | 9.17% | 9.41% | 18.96% | 2.14% | 17.45% | 14.33% | 15.11% | 2.05% | 2.74% | 14.04% | 22.25% |
| EBITDA Growth % | 46.01% | 126.63% | -3.47% | 137.78% | 695.76% | 10.69% | -1.7% | -55.72% | 29.67% | -53.93% | -41.24% | 22.69% | 0% | 500.8% | -6.84% | -38.69% | -73.55% | - | - | - |
| D&A (Non-Cash Add-back) | 1.2B | 696M | 194M | 685M | 715M | 267M | 243M | 204M | 169M | 243M | 204M | 772M | 229M | 777M | 739M | 732M | 253M | 306M | 845M | 1.25B |
| EBIT | 193M | 172M | 118M | 152M | 224M | 282M | 20M | 92M | 7M | 20M | 92M | -81M | -59M | -111M | -201M | -187M | -139M | -114M | -452M | -303M |
| Net Interest Income | -29M | -21M | -20M | -23M | -24M | -24M | -25M | -28M | -30M | -31M | -31M | -29M | -29M | -27M | -19M | -20M | -21M | -18M | -17M | -15M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 29M | 21M | 20M | 23M | 24M | 24M | 25M | 28M | 30M | 31M | 31M | 29M | 29M | 27M | 19M | 20M | 21M | 18M | 17M | 15M |
| Other Income/Expense | -38M | -81M | -42M | -60M | -106M | 142M | -108M | -84M | 47M | -108M | -84M | -132M | -149M | -112M | -79M | -121M | -27M | -551M | -267M | -131M |
| Pretax Income | 133M | 91M | 98M | 92M | 118M | 258M | -5M | 64M | -4M | -5M | 64M | -109M | -287M | -138M | -219M | -205M | -189M | -732M | -469M | -319M |
| Pretax Margin % | 3.53% | 2.36% | 2.63% | 2.46% | 3.11% | 6.89% | -0.13% | 1.71% | -0.1% | -0.13% | 1.71% | -2.6% | -6.74% | -3.21% | -5.24% | -4.78% | -4.27% | -16.07% | -10.24% | -6.71% |
| Income Tax | 115M | 34M | 30M | 36M | 50M | 43M | 38M | 53M | 41M | 38M | 53M | 32M | 450M | -32M | 61M | 45M | 40M | 8M | 223M | 74M |
| Effective Tax Rate % | 86.47% | 37.36% | 30.61% | 39.13% | 42.37% | 16.67% | -760% | 82.81% | -1025% | -760% | 82.81% | -29.36% | -156.79% | 23.19% | -27.85% | -21.95% | -21.16% | -1.09% | -47.55% | -23.2% |
| Net Income | 17M | 57M | 68M | 56M | 68M | 215M | -43M | 11M | -45M | -43M | 11M | -141M | -737M | -106M | -281M | -250M | -229M | -740M | -692M | -393M |
| Net Margin % | 0.45% | 1.48% | 1.83% | 1.5% | 1.79% | 5.74% | -1.14% | 0.29% | -1.17% | -1.14% | 0.29% | -3.36% | -17.32% | -2.46% | -6.72% | -5.83% | -5.17% | -16.25% | -15.11% | -8.27% |
| Net Income Growth % | -75% | -73.49% | 258.14% | 409.09% | 251.11% | 600% | -490.91% | 107.8% | 93.89% | 59.43% | 103.91% | 43.6% | -221.83% | 85.68% | 59.39% | 36.39% | 53.64% | - | - | - |
| Net Income (Continuing) | 18M | 57M | 68M | 56M | 68M | 215M | -43M | 11M | -45M | -43M | 11M | -141M | -737M | -106M | -280M | -250M | -229M | -740M | -692M | -393M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 115M | 112M | 110M | 113M | 110M | 107M | 105M | 113M | 110M | 107M | 105M | 97M | 99M | 96M | 95M | 94M | 3M | 51M | 53M |
| EPS (Diluted) | 0.07 | 0.25 | 0.29 | 0.23 | 0.28 | 0.89 | -0.19 | 0.05 | -0.20 | -0.05 | -0.62 | -0.62 | -3.24 | -0.47 | -1.23 | -1.11 | -1.02 | -3.09 | -1.76 | -1.75 |
| EPS Growth % | -73.36% | -71.91% | 252.63% | 393.56% | 240% | 1801.72% | 69.35% | 107.52% | 93.83% | 88.87% | 49.59% | 44.14% | -217.65% | 84.79% | 30.11% | 36.57% | 53.85% | - | - | - |
| EPS (Basic) | 0.08 | 0.25 | 0.29 | 0.24 | 0.29 | 0.93 | -0.19 | 0.05 | -0.20 | -0.05 | -0.62 | -0.62 | -3.24 | -0.47 | -1.23 | -1.11 | -3.30 | -3.09 | -1.76 | -1.75 |
| Diluted Shares Outstanding | 228M | 232.5M | 235.9M | 241.7M | 240.7M | 240.7M | 231.6M | 235.8M | 230.2M | 229.6M | 229.1M | 227.9M | 227.6M | 227M | 226.8M | 225.3M | 224.2M | 223.92M | 223.92M | 223.92M |
| Basic Shares Outstanding | 224.8M | 227.7M | 234.48M | 231.4M | 232.2M | 232.2M | 231.6M | 230.5M | 230.2M | 229.6M | 229.1M | 227.42M | 227.41M | 225.53M | 226.61M | 225.22M | 224.07M | 223.92M | 223.92M | 223.92M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |