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KDKyndryl Holdings, Inc.
$12.39$2.8B
Overview & Verdict
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KD logoKyndryl Holdings, Inc.(KD)Earnings, Financials & Key Ratios

KD•NYSE
$12.39
14.6× P/E·Price updated Jul 7, 2026
SectorTechnologyIndustryIT ServicesSub-IndustryManaged IT Services and Outsourcing
AboutKyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and cloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services. It serves financial, telecommunications, retail, automobile, and transportation industries. The company was incorporated in 2020 and is headquartered in New York, New York.Show more
  • Revenue$15.09B+0.2%
  • EBITDA$3.41B+117.3%
  • Net Income$198M-21.4%
  • EPS (Diluted)0.85-19.0%
  • Gross Margin21.79%+4.4%
  • EBITDA Margin22.59%+116.8%
  • Operating Margin4.21%+14.8%
  • Net Margin1.31%-21.6%

KD Price & Volume

Kyndryl Holdings, Inc. (KD) stock price & volume — 10-year historical chart

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Kyndryl Faces Structural Transformation Amid Margin Constraints

Investment Thesis • Updated 2026Q4

VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Strained
Cash Flow:Mixed
Primary Risk:Legacy contract runoff volatility

Key Thesis Takeaways

  • Kyndryl is currently navigating a complex portfolio transition, attempting to pivot from labor-intensive legacy infrastructure services toward higher-margin advisory work.
  • While the company has demonstrated intermittent profitability, persistent operational volatility and a thin liquidity buffer—evidenced by a current ratio of 0.64 in 2026Q3—suggest that the turnaround remains in a precarious state.
  • Investors should monitor the firm's ability to scale operating income, which remains compressed at 4.5% of revenue, against the ongoing burden of legacy contract runoff and significant debt obligations.

Verdict Logic

the company's erratic earnings quality, highlighted by an operating cash flow to net income ratio of 29.29 in 2026Q4, suggests that underlying operational performance remains too volatile to justify a long-term investment.

KD Growth Metrics

Kyndryl Holdings, Inc. (KD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-4.15%
3 Years-3.94%
TTM0.23%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-21.12%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-17.73%

Return on Capital

10 Years-1.02%
5 Years1.65%
3 Years6.97%
Last Year10.38%

KD Recent Earnings

Kyndryl Holdings, Inc. (KD) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 6, 2026
Metric
Actual
Est
EPS
$0.18-58.1%
$0.43
Rev
$3.8B+0.9%
$3.7B
Q1 2026
Feb 9, 2026
Metric
Actual
Est
EPS
$0.52-13.3%
$0.60
Rev
$3.9B-0.7%
$3.9B
Q4 2025
Nov 4, 2025
Metric
Actual
Est
EPS
$0.38+6.3%
$0.36
Rev
$3.7B-6.2%
$4.0B
Q3 2025
Aug 4, 2025
Metric
Actual
Est
EPS
$0.37+1.8%
$0.36
Rev
$3.7B-2.5%
$3.8B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$0.18vs $0.43-58.1%
$3.8Bvs $3.7B+0.9%
Q1 2026Feb 9, 2026
$0.52vs $0.60-13.3%
$3.9Bvs $3.9B-0.7%
Q4 2025Nov 4, 2025
$0.38vs $0.36+6.3%
$3.7Bvs $4.0B-6.2%
Q3 2025Aug 4, 2025
$0.37vs $0.36+1.8%
$3.7Bvs $3.8B-2.5%
Based on last 12 quarters of dataView full earnings history →

Latest KD News

Recent stock market news and headlines for Kyndryl Holdings, Inc. (KD)

PRNewsWire·2 days ago
Kyndryl Announces Ellen Johnson as Incoming Chief Financial Officer and Andrew Bonzani as General Counsel and Secretary

NEW YORK, July 6, 2026 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced the appointments of Ellen Johnson as incoming Chief Financial Officer and Andrew Bonzani as General Counsel and Secretary. This comes after a comprehensive search for candidates with proven operational expertise and demonstrated leadership in public companies.

PRNewsWire·6 days ago
KYNDRYL TO RELEASE QUARTERLY RESULTS ON AUGUST 5, 2026

NEW YORK, July 1, 2026 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced that it will release results for the quarter ended June 30, 2026, the first quarter of its 2027 fiscal year, on Wednesday, August 5, 2026 at approximately 7:00 a.m. ET, and at 8:30 a.m.

PRNewsWire·Jul 1, 2026
Kyndryl Partners with Microsoft to Expand Sovereignty Solutioning

Kyndryl Sovereignty Solutioning combined with Microsoft Sovereign Cloud capabilities helps customers strengthen choice, control and resilience NEW YORK, July 1, 2026 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced an expansion of its sovereignty solutioning through new capabilities and services with Microsoft. The collaboration combines Kyndryl Sovereignty Solutioning with Microsoft Sovereign Cloud capabilities to help customers design, build and operate cloud architectures that align with evolving data residency and operational requirements while maintaining flexibility and innovation.

Seeking Alpha·Jun 26, 2026
Kyndryl: Looks Mispriced After The Internal Control Selloff (Upgrade)

Kyndryl is upgraded to a buy with a $13 price target, offering a projected 19% upside. KD's transformation aims for 80% of revenue from higher-margin post-spin signings by FY 2027, with Q4 progress supporting this thesis. Profitability and cash generation are improving, with FY 2026 adjusted EBITDA up 6% YoY and operating cash flow at $950 million.

PRNewsWire·Jun 25, 2026
Kuehn Law Encourages Investors of Kyndryl Holdings, Inc. to Contact Law Firm

NEW YORK, June 25, 2026 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Kyndryl Holdings, Inc. (NYSE: KD)  breached their fiduciary duties to shareholders.  According to a federal securities lawsuit, Kyndryl Holdings misrepresented or failed to disclose that: (1) certain members of executive management engaged in systematic manipulation of the Company's free cash flow metrics through the deliberate postponement of vendor payments from one fiscal quarter to the next; (2) as a consequence thereof, Kyndryl falsely represented its reported free cash flow metrics as indicative of the quality and long-term sustainability of its earnings and revenue growth, when in reality such cash generation was contingent upon undisclosed and inherently unsustainable cash management practices; (3) the Company's procedures governing financial disclosures, its accounting methodologies, and its internal controls over financial reporting were materially inadequate and deficient; and (4) by reason of the foregoing, Kyndryl's business operations, financial condition, and prospects for achieving profitable growth were materially worse than had been publicly represented to investors.

Peers Comparison

Key metrics vs top competitors for Kyndryl Holdings, Inc. (KD)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
KD logoKDKyndryl Holdings, Inc.Current
$12.39$2.79B14.580.23%1.31%——
DXC logoDXCDXC Technology Company
$10.16$1.66B101.60-1.76%0.14%0.54%—
LDOS logoLDOSLeidos Holdings, Inc.
$108.57$13.66B9.753.07%7.77%27.1%—
SAIC logoSAICScience Applications International Corporation
$113.67$4.81B14.76-2.9%5.55%27.22%—
CSCO logoCSCOCisco Systems, Inc.
$111.79$440.61B43.845.3%19.69%25.14%—
UIS logoUISUnisys Corporation
$3.64$263.27M-0.76-2.9%-17.7%——

Compare KD vs Peers

Kyndryl Holdings, Inc. (KD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs DXC

Most directly comparable listed peer for KD.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare KD against a more recognizable public peer.

Peer Set

Compare Top 5

vs DXC, LDOS, SAIC, CSCO

KD SEC Filings & Documents

Kyndryl Holdings, Inc. (KD) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Feb 9, 2026·SEC

Material company update

Feb 9, 2026·SEC

10-K Annual Reports

3
FY 2025

May 30, 2025·SEC

FY 2024

May 30, 2024·SEC

FY 2023

May 26, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

Feb 17, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 5, 2025·SEC

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KD Frequently Asked Questions

Kyndryl Holdings, Inc. (KD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Kyndryl Holdings, Inc.'s revenue?

Kyndryl Holdings, Inc. (KD) reported $15.09B in revenue for fiscal year 2026. This represents a 26% decrease from $20.28B in 2020.

How fast is Kyndryl Holdings, Inc. growing?

Kyndryl Holdings, Inc. (KD) grew revenue by 0.2% over the past year. Growth has been modest.

Is KD profitable?

Yes, Kyndryl Holdings, Inc. (KD) is profitable, generating $198.0M in net income for fiscal year 2026 (1.3% net margin).

Dividend & Returns
What is Kyndryl Holdings, Inc.'s free cash flow?

Kyndryl Holdings, Inc. (KD) generated $340.0M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in KD back in 2020?

Total return calculator · dividends reinvested · 6+ years of data

See returns →