DXC Technology vs Kyndryl Holdings
Kyndryl Holdings is the larger business, with $15.09bn of revenue in fiscal 2026 against $12.64bn for DXC Technology (1.2 times as much). Kyndryl Holdings grew faster (0.2% against -1.8%). Kyndryl Holdings kept more of each dollar of sales as profit: a net margin of 1.3% against 0.1%. DXC Technology carries less debt relative to equity (120.8% against 552.5%).
| Latest fiscal year | DXC TechnologyDXC, 2026 | Kyndryl HoldingsKD, 2026 |
|---|---|---|
| Revenue | $12.64bn | $15.09bn |
| Revenue growth | -1.8% | 0.2% |
| Net income | $18.0m | $198m |
| Operating margin | 7.7% | — |
| Net margin | 0.1% | 1.3% |
| Return on equity | 0.6% | 16.5% |
| Free cash flow | $1.04bn | $340m |
| Cash | $1.74bn | $2.62bn |
| Total debt | $3.55bn | $6.49bn |
| Debt to equity | 120.8% | 552.5% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $249m | $304m |
| Employees | 115,000 | 72,000 |
| Market value | $2.39bn | $2.99bn |
| Price vs our value range | Below our value range | — |
| Moat score | 39 (Weak) | 10 (Weak) |
| Insider trades, 12 months | 3 buys, 3 sales | 0 buys, 1 sales |