Saturday 17 October 2026 Export KD’s income statement to Excel — free account

Kyndryl Holdings, Inc.

KD Technology Information Technology Services

Kyndryl Holdings, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $15.1 billion, roughly unchanged from fiscal 2025. In the quarter to June 2026, revenue fell 3.34%, EPS fell 204.2%, free cash flow fell 80.6% and total debt rose 29.5%, each against the same quarter a year earlier.

13.20 0.01 +0.08%

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Market cap: $2.9B
P/E: 35.7×
Fwd P/E: 8.2×
Dividend yield: —
F-score: 6/9
Altman Z: 1.22
Beneish M: −2.75
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.18

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	—	—	—	—	—	—	—	—	—	—

Insider Ownership 4.15%

Capital & Financial Ratios $m

Market Cap 2,870.00

Revenue 14,967.00

Net Income 87.00

Free Cash Flow 226.00

Net Debt 1,960.00

Current Ratio 0.85

Debt/Equity 3.49

P/E ratio 35.68

Fwd P/E 8.18

P/S ratio 0.19

P/B ratio 2.50

Past 5Y EPS Growth —

This Y EPS Growth 27.05%

Next Y EPS Growth 34.32%

Next Y revenue growth (2.00%)

Next 5Y EPS Growth 18.73%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 20.06%

10-year low 10-year high

P/B against its own 10 years 47.88%

10-year low 10-year high

EV/Sales against its own 10 years 30.86%

10-year low 10-year high

EV/FCF against its own 10 years 47.83%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	1,554	1,789	2,626	2,110
Receivables	1,599	1,345	1,300	1,248
Inventory	—	—	—	—
Other	—	—	—	—
	4,747	4,589	5,528	5,069

	2024	2025	2026	Q'26
Payables	1,408	1,351	1,346	1,052
ST’ Debt	126	129	1,796	1,781
Other	—	—	—	—
	4,589	4,300	6,307	5,980

Compound Annual Growth %

	10y	5y	3y
Sales	(2.91%)	(4.15%)	(3.94%)
Cash Flow	4.20%	0.00%	6.67%
Earnings	0.00%	0.00%	0.00%
Book Value	(14.07%)	(13.71%)	(4.01%)

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	3,618	—	—	—	—
’26	3,743	3,721	3,859	3,769	15,092
’25	3,739	3,774	3,744	3,800	15,057
’24	4,193	4,073	3,936	3,850	16,052
’23	4,288	4,179	4,303	4,256	17,026
’22	—	—	—	(9,455)	4,431
’21	4,751	4,579	4,556	4,771	18,657

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	(310)	—	—	—	—
’26	(124)	146	428	498	948
’25	(48)	149	260	581	942
’24	(173)	46	436	145	454
’23	104	387	278	12	781
’22	—	—	—	(20)	189
’21	(161)	(236)	606	—	(119)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	(401)	—	—	—	—
’26	(222)	23	217	387	405
’25	(146)	45	167	354	420
’24	(267)	(16)	277	(53)	(59)
’23	—	—	—	(139)	(61)
’23	(102)	137	43	—	781
’22	—	—	—	281	18

Fiscal quarters ending in the months shown.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	(0.25)	—	—	—	—
’26	0.23	0.29	0.25	0.08	0.85
’25	0.05	(0.19)	0.89	0.28	1.05
’24	(0.62)	(0.62)	(0.05)	(0.20)	(1.48)
’23	(1.11)	(1.24)	(0.47)	(3.24)	(6.06)
’22	—	—	—	7.05	(1.02)
’21	(1.74)	(3.08)	(3.30)	(2.21)	(10.29)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	—	—	—	—	15.45	7.93	11.13	19.19	23.28	10.10	Analyst estimates 2027–2029 Powerpack
	High	—	—	—	—	52.00	19.63	21.26	36.43	44.20	27.74
People
People	Employees	—	—	—	—	90,000	—	90,000	80,000	73,000	72,000
	Revenue/emp, $m	—	0.00	0.00	0.00	0.21	0.00	0.19	0.20	0.21	0.21
Income, $m
Income, $m	Revenue	—	21,796	20,279	19,352	18,657	4,431	17,026	16,052	15,057	15,092
	Gross margin, %	—	11.74	12.81	11.41	11.29	13.70	14.85	17.84	20.87	21.79
	EBT	—	(630)	(579)	(1,766)	(1,903)	(189)	(851)	(168)	435	414
	EBT margin, %	—	(2.89)	(2.86)	(9.13)	(10.20)	(4.27)	(5.00)	(1.05)	2.89	2.74
	Net income	—	0	(943)	(2,011)	(2,304)	(229)	(1,374)	(340)	252	198
	Depreciation	—	3,578	2,233	2,043	3,974	811	3,045	2,970	2,715	2,775
Per share, $
Per share, $	Revenue	—	97.30	90.49	86.35	83.25	19.75	75.10	70.03	65.04	66.11
	Earnings	—	(4.38)	(4.21)	(8.98)	(10.29)	(1.02)	(6.06)	(1.48)	1.09	0.87
	Cash flow	—	3.01	5.06	2.80	(0.53)	0.84	3.45	1.98	4.07	4.15
	Capex	—	0.00	(5.03)	(4.25)	(2.49)	(0.76)	(3.71)	(2.24)	(2.25)	(2.38)
	Free cash flow	—	3.01	0.03	(1.45)	(3.02)	0.08	(0.27)	(0.26)	1.81	1.77
	Book value	—	0.00	0.00	22.00	12.06	12.08	6.45	4.90	5.75	5.66
	Shares, m	—	224	224	224	224	224	227	229	232	228
Valuation, ×
Valuation, ×	P/E	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	28.81	15.26
	P/S	—	0.48	0.48	0.48	0.22	0.66	0.20	0.31	0.48	0.20
	P/B	—	1.67	1.67	1.67	1.50	1.09	2.29	4.40	5.45	2.32
	EV/Sales	—	0.48	0.48	0.48	0.34	0.91	0.28	0.41	0.57	0.30
	EV/FCF	—	(5.76)	(5.76)	(5.76)	(8.57)	222.95	(77.18)	(112.26)	20.60	11.01
Cash, $m
Cash, $m	Operating cash flow	—	674	1,134	628	(119)	189	781	454	942	948
	Capex	—	(1,563)	(1,127)	(952)	(558)	(171)	(842)	(513)	(522)	(543)
	Free cash flow	—	674	7	(324)	(677)	18	(61)	(59)	420	405
Balance, $m
Balance, $m	Working capital	—	—	(1,390)	(1,067)	1,233	1,034	95	158	289	(779)
	Total debt	—	—	1,360	140	3,128	3,223	3,221	3,238	3,171	4,089
	Net debt	—	—	1,310	102	888	1,069	1,362	1,684	1,382	1,463
	Shareholders’ equity	—	—	5,892	4,931	2,702	2,711	1,462	1,122	1,331	1,293
Returns, %
Returns, %	ROA	—	0.00	0.00	(31.80)	(25.40)	(1.72)	(11.03)	(3.08)	2.40	1.72
	ROIC	—	—	0.00	(20.84)	(31.41)	(2.33)	(15.96)	(0.04)	12.97	12.11
	ROE	—	0.00	0.00	(37.17)	(60.38)	(8.46)	(65.85)	(26.32)	20.53	15.08

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026 · fundamentals updated 28 Sep 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PSN Parsons Corporation	$4.7B	30.0×	25.4×	−0.53% (below 0%: shrinking)	n/m	−72.44% (below 0%: shrinking)	18.73%	0.08%	Compare
CIFR Cipher Digital Inc.	$4.2B	— (loss-making)	— (loss-making)	−42.99% (below 0%: shrinking)	n/m	−255.68% (below 0%: shrinking)	39.42%	(316.21%)	Compare
PENG Penguin Solutions, Inc.	$3.2B	18.6×	24.6×	+67.70% (above 0%: growing)	+1,452.18% (above 0%: growing)	−128.21% (below 0%: shrinking)	27.51%	12.26%	Compare
KD Kyndryl Holdings, Inc.	$2.9B	35.7×	8.2×	−3.34% (below 0%: shrinking)	n/m	−80.63% (below 0%: shrinking)	21.45%	(1.22%)
CHRN ChronoScale Holdings Corporation	$2.3B	— (loss-making)	— (loss-making)	+148.13% (above 0%: growing)	n/m	+653.15% (above 0%: growing)	(9.99%)	(59.99%)	Compare
DXC DXC Technology Company.	$2.2B	18.7×	14.8×	−5.06% (below 0%: shrinking)	+733.33% (above 0%: growing)	+149.64% (above 0%: growing)	20.37%	0.53%	Compare
INOD Innodata Inc	$2.0B	36.9×	94.5×	+57.80% (above 0%: growing)	+86.96% (above 0%: growing)	+4,885.72% (above 0%: growing)	46.08%	17.21%	Compare
PONY Pony AI Inc. - Sponsored ADR	$1.8B	— (loss-making)	— (loss-making)	+68.82% (above 0%: growing)	n/m	−73.21% (below 0%: shrinking)	17.53%	(181.51%)	Compare
FORTY Formula Systems (1985) Ltd.	$1.8B	2.7×	13.9×	+29.82% (above 0%: growing)	+55.10% (above 0%: growing)	+1,330.84% (above 0%: growing)	20.25%	9.16%	Compare
Median of peers	$2.3B	18.7×	24.6×	+43.81%	+410.15%	+38.60%	20.31%	0.31%

All 73 Information Technology Services stocks →

Kyndryl Holdings, Inc. (KD) key facts

Kyndryl Holdings, Inc. (KD) is an Information Technology Services company in the Technology sector, listed on the New York Stock Exchange.
Kyndryl Holdings, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $15.1 billion, roughly unchanged from fiscal 2025.
As of October 16, 2026, KD traded at $13.20, a market capitalization of $2.9 billion.
Return on equity was 15.1% and debt-to-equity 3.49.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.22 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Sep 28, 2026.