Every material Form 8-K Kyndryl filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Kyndryl reported revenue of $3.7 billion for the quarter ended September 30, 2026, down 1.9% from a year earlier, and GAAP net income of $59 million, or $0.27 per diluted share, versus $68 million, or $0.29, a year earlier. Adjusted net income rose to $92 million, or $0.42 per diluted share, from $89 million, or $0.38, and the company reaffirmed its fiscal 2027 outlook. The results show lower reported sales and GAAP profit alongside higher adjusted earnings, with the adjusted measures excluding items such as workforce rebalancing charges.
Revenue was $3.7 billion, down 1.9% year-over-year as reported and down 0.8% in constant currency.
Net income was $59 million ($0.27 per diluted share), compared with $68 million ($0.29) a year earlier; workforce rebalancing charges were $38 million, up from $19 million.
Adjusted net income was $92 million ($0.42 per diluted share), compared with $89 million ($0.38) a year earlier.
The company reaffirmed fiscal 2027 guidance, including adjusted pretax income of $600 to $700 million and free cash flow of $400 to $500 million.
Kyndryl reported first-quarter fiscal 2027 revenue of $3.6 billion, down 3% year-over-year, and a net loss of $55 million, compared with net income of $56 million a year earlier. The results include $152 million of workforce rebalancing charges, and the company reaffirmed its fiscal 2027 outlook for revenue, earnings and free cash flow.
Revenue was $3.6 billion, down 3% year-over-year; pretax loss was $69 million versus pretax income of $92 million in the prior-year quarter.
Diluted loss per share was $0.25, compared with diluted earnings of $0.23 per share a year earlier; adjusted loss per share was $0.12, versus adjusted earnings of $0.37.
Free cash flow was a use of $401 million, compared with a use of $222 million a year earlier; adjusted EBITDA was $512 million, down from $647 million.
Fiscal 2027 outlook reaffirmed: adjusted pretax income of $600 to $700 million and free cash flow of $400 to $500 million.
At its July 30, 2026 annual meeting, Kyndryl stockholders approved an amended and restated 2021 Long-Term Performance Plan that adds 7,600,000 shares issuable under the plan. Stockholders also elected six directors, approved executive compensation on an advisory basis, and ratified PricewaterhouseCoopers LLP as auditor for the fiscal year ending March 31, 2027.
Amended plan increases shares issuable by 7,600,000 shares of common stock
Executive compensation approved on an advisory basis with 75% of votes present in favor
Plan approval received 94% of votes present; 139,325,459 votes for
PricewaterhouseCoopers LLP ratified as auditor with 97% of votes present in favor
Kyndryl appointed Ellen Johnson, former CFO of Interpublic Group, as Chief Financial Officer, and Andrew Bonzani, former general counsel of Interpublic Group, as General Counsel and Secretary. Johnson succeeds Interim CFO Harsh Chugh, who will stay on to assist with the transition, and the filing discloses no financial results or guidance.
Johnson joins July 20, 2026 and becomes CFO on August 6, 2026, when Chugh's interim role ends
Johnson's base salary is $1,000,000, with a 125% target incentive and a fiscal 2027 LTI target grant value of $4,500,000
Bonzani's appointment is effective immediately, with a base salary of $900,000 and a fiscal 2027 LTI target grant value of $2,500,000
Mark Ringes, the interim General Counsel, returns to his role as Deputy General Counsel
Kyndryl reported fourth-quarter and fiscal 2026 results on May 6, 2026, showing lower revenue and GAAP net income, though adjusted pretax income rose 21% for the year. On May 5, 2026, the company approved workforce rebalancing actions that it estimates will cost about $200 million, with expected annualized savings of $400 to $500 million in fiscal 2028. Shareholders also received fiscal 2027 guidance for adjusted pretax income of $600 to $700 million and free cash flow of $400 to $500 million.
Q4 fiscal 2026 revenue was $3.8 billion, down 1% reported and 5% in constant currency; net income was $17 million, or $0.08 per diluted share, versus $68 million, or $0.28, a year earlier.
Fiscal 2026 revenue was $15.1 billion, flat reported and down 3% in constant currency; net income was $198 million, or $0.85 per diluted share, versus $1.05 a year earlier.
Adjusted EPS for fiscal 2026 was $1.46, versus $1.19 in fiscal 2025; the company expects workforce charges of about $200 million, mostly in Q1 fiscal 2027.
Fiscal 2027 outlook: adjusted pretax income of $600 to $700 million (including workforce charges), free cash flow of $400 to $500 million, and constant-currency revenue flat to down 2%.
Kyndryl reported fiscal third-quarter revenue of $3.9 billion, up 3% as reported and flat in constant currency, but GAAP net income fell to $57 million from $215 million a year earlier, which included a transaction-related benefit. The company also named interim leaders for finance, legal and accounting, and said its Form 10-Q will be delayed pending a review, though it does not expect a restatement.
Revenue was $3.9 billion, up 3% as reported and unchanged in constant currency; net income was $57 million, or $0.25 per diluted share, versus $215 million, or $0.89, a year earlier.
Adjusted net income was $122 million, or $0.52 per diluted share, versus $124 million, or $0.51, in the prior-year quarter.
Fiscal 2026 outlook: adjusted pretax income of $575 million to $600 million, free cash flow of $325 million to $375 million, and a constant-currency revenue decline of 2% to 3%.
Harsh Chugh was named Interim Chief Financial Officer, effective immediately, and the Form 10-Q filing is delayed pending a review described in a Form 12b-25.
Kyndryl appointed Harsh Chugh as interim Chief Financial Officer and Bhavna Doegar as interim Corporate Controller, effective immediately, on February 5, 2026. The same day, CFO David Wyshner, General Counsel Edward Sebold and Senior Vice President and Global Controller Vineet Khurana left their roles, and Mark Ringes was named interim General Counsel. The filing says no compensation changes have been made for the new appointees, so the turnover in finance and legal leadership is the main point for shareholders.
Harsh Chugh, 54, named interim Chief Financial Officer effective February 5, 2026; previously Chief Operating Officer from September 2021 to January 2026
Bhavna Doegar, 49, named interim Corporate Controller; joined Kyndryl in December 2025 as Senior Vice President, Finance and Strategy
David Wyshner departed as Chief Financial Officer and Edward Sebold as General Counsel, effective immediately
Mark Ringes appointed interim General Counsel on February 5, 2026; previously Senior Vice President, Deputy General Counsel
Kyndryl Holdings said Chief Human Resources Officer Maryjo Charbonnier intends to retire from the role effective March 31, 2026. She will then remain with the company as an Executive Advisor until August 31, 2026. The filing does not name a successor or describe any financial effect.
Maryjo Charbonnier notified the company of her retirement on January 2, 2026
Retirement from the CHRO role takes effect March 31, 2026
She will serve as an Executive Advisor, remaining an employee until August 31, 2026
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Kyndryl filing is on SEC EDGAR ↗. 8-K briefs of other companies →