Kyndryl (KD)

NYSE Information Technology IT Consulting & Other Services S&P MidCap 400
$16.29
+0.11 (+0.68%)
Close of Nov 06, 2026 · end-of-day data
Source: Kyndryl's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2019FY2020FY2021FY2023FY2024FY2025FY2026
Revenue$20.28B$19.35B$18.66B$17.03B$16.05B$15.06B$15.09B
Cost of revenue$17.68B$17.14B$16.55B$14.50B$13.19B$11.91B$11.80B
Gross profit$2.60B$2.21B$2.11B$2.53B$2.86B$3.14B$3.29B
Research & development$83.00M$76.00M$63.00M$79.00M$58.00M$49.00M$57.00M
Selling, general & admin$2.97B$2.95B$2.78B$2.91B$2.77B$2.59B$2.65B
Interest expense$76.00M$63.00M$64.00M$94.00M$122.00M$100.00M$89.00M
Pre-tax income-$573.00M-$1.76B-$1.90B-$851.00M-$168.00M$435.00M$414.00M
Income tax$366.00M$247.00M$402.00M$524.00M$172.00M$184.00M$215.00M
Net income-$939.00M-$2.01B-$2.30B-$1.37B-$340.00M$252.00M$198.00M
EPS (basic)$-4.19$-8.96$-10.28$-6.06$-1.48$1.09$0.87
EPS (diluted)$-4.19$-8.96$-10.28$-6.06$-1.48$1.05$0.85
Diluted shares224.10M224.10M224.10M226.70M229.20M239.10M233.80M
Gross margin12.8%11.4%11.3%14.8%17.8%20.9%21.8%
Net margin-4.6%-10.4%-12.3%-8.1%-2.1%1.7%1.3%

Balance sheet

fiscal years · USD
Fiscal yearFY2019FY2020FY2021FY2023FY2024FY2025FY2026
Cash & equivalents$50.00M$24.00M$2.22B$1.85B$1.55B$1.79B$2.62B
Receivables—$1.44B$2.28B$1.52B$1.60B$1.34B$1.30B
Total current assets—$2.84B$5.78B$4.96B$4.75B$4.59B$5.53B
Goodwill$1.16B$1.23B$732.00M$812.00M$805.00M$790.00M$786.00M
Total assets—$11.21B$13.21B$11.46B$10.59B$10.45B$12.55B
Total current liabilities—$3.84B$4.46B$4.87B$4.59B$4.30B$6.31B
Short-term debt—$69.00M$105.00M$110.00M$126.00M$129.00M$1.80B
Long-term debt—$140.00M$3.00B$3.00B$2.90B$2.90B$3.90B
Total debt—$209.00M$3.10B$3.11B$3.03B$3.03B$5.70B
Total liabilities—$6.22B$10.45B$10.00B$9.47B$9.12B$11.26B
Shareholders' equity$5.94B$4.93B$2.77B$1.36B$1.01B$1.22B$1.18B

Cash flow

fiscal years · USD
Fiscal yearFY2019FY2020FY2021FY2023FY2024FY2025FY2026
Operating cash flow$1.13B$628.00M-$119.00M$781.00M$454.00M$942.00M$948.00M
Capital expenditures$1.19B$1.04B$752.00M$865.00M$651.00M$605.00M$608.00M
Free cash flow-$56.00M-$408.00M-$871.00M-$84.00M-$197.00M$337.00M$340.00M
Investing cash flow-$1.13B-$953.00M-$572.00M-$835.00M-$553.00M-$404.00M-$561.00M
Financing cash flow$0$312.00M$2.92B-$141.00M-$170.00M-$286.00M$457.00M
Share buybacks—————$93.00M$304.00M
Stock-based compensation$51.00M$64.00M$71.00M$113.00M$95.00M$100.00M$64.00M
Depreciation & amortization$1.47B$1.45B$1.30B$900.00M$834.00M$660.00M$762.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.