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MARKETS / NYSE / KD
NYSE · SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN · LARGE CAP

Kyndryl Holdings, Inc. KD

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$15.1B
▲ 0.2% YoY
$198.0M
▼ 21.4% YoY
$340.0M
▲ 0.9% YoY
In brief

What this company does

It provides mission-critical enterprise technology services, offering advisory, implementation and managed service capabilities to thousands of customers. The Company designs, builds, manages and modernizes complex information systems. It offers services across areas including cloud services, core enterprise services, applications, data and artificial intelligence services, digital workplace services, security and resiliency services, and network and edge services. The Company is organized into four reportable segments by geography: United States, Japan, Principal Markets and Strategic Markets. As of March 31, 2026, it had approximately 72,000 employees in 60 countries. Approximately 90% of its employees work outside the U.S., with workforce hubs in India, Japan, Poland, Brazil, Czechia and Hungary. Kyndryl was formed in November 2021 from a spin-off from International Business Machines Corporation of the infrastructure services unit of IBM's Global Technology Services segment.

Written from the business description in Kyndryl Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 29 May 2026. Every sentence was checked against that document before publication.

Growth
USD 15.1B
Revenue, FY2025 · full 7-year series below
Revenue $B Net income $B
FY2025 · Revenue 15.1 · Net income 0.2
8.0B16.0B-0.8B-1.6B2019202020212022202320242025
Compound annual growth
−3.9%
−4.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −4.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 2.7% · Net 1.3%
1%2%-5%-10%2019202020212022202320242025
ROE
FY2025 · ROE 16.5%
10%20%-20%-40%-60%2019202020212022202320242025

Each USD of equity produced 17 cents of profit this year.

Cash & shareholders
USD 304.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 340.0
200M-400M-800M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 304.0
200M20242025

USD 304.0M in buybacks — 154% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 12.6B
EquityUSD 1.2B
CashUSD 2.6B
Gross debtUSD 5.7B
Net debtUSD 3.1B
Current ratio0.88×

Net debt stands at 262% of equity.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B15.115.116.117.018.719.420.3
Operating income $B0.40.4−0.2−0.9−1.9−1.8−0.6
EBITDA $B1.21.10.70.0−0.6−0.30.9
Income tax $B0.20.20.20.50.40.20.4
Net income $B0.20.3−0.3−1.4−2.3−2.0−0.9
Free cash flow $B0.30.3−0.2−0.1−0.9−0.4−0.1
EPS, diluted $0.851.05−1.48−6.06−10.28−8.96−4.21
Dividend / sh $0.000.000.000.000.000.000.00
Payout %·······
ROE %16.522.6−28.6−66.5−60.3−41.2·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 26 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 62 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Integrated Systems Design
Listed onNYSE
Incorporated inDelaware
Fiscal year endsMarch 31
Data on record since2019

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