Kyndryl Holdings, Inc. income statement
In fiscal 2026, Kyndryl Holdings, Inc. reported revenue of $15.09bn, up 0.2% on the year before and net income of $198m, or $0.85 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2019 | 2021Dec 2020 | 2022Dec 2021 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.3 | 19.4 | 18.7 | 17.0 | 16.1 | 15.1 | 15.1 | 15.0 |
| Cost of revenue | 17.7 | 17.1 | 16.6 | 14.5 | 13.2 | 11.9 | 11.8 | 11.7 |
| Gross profit | 2.6 | 2.2 | 2.1 | 2.5 | 2.9 | 3.1 | 3.3 | 3.3 |
| Research and development | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | — |
| Selling, general and administrative | 3.0 | 2.9 | 2.8 | 2.9 | 2.8 | 2.6 | 2.7 | 2.7 |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Income before tax | −0.6 | −1.8 | −1.9 | −0.9 | −0.2 | 0.4 | 0.4 | 0.3 |
| Income tax | 0.4 | 0.2 | 0.4 | 0.5 | 0.2 | 0.2 | 0.2 | 0.2 |
| Net income | −0.9 | −2.0 | −2.3 | −1.4 | −0.3 | 0.3 | 0.2 | 0.1 |
| Diluted EPS | −$4.21 | −$8.96 | −$10.28 | −$6.06 | −$1.48 | $1.05 | $0.85 | $0.38 |
| Diluted shares (average) | 224m | 224m | 224m | 227m | 229m | 239m | 234m | 229m |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,774 | 3,744 | 3,800 | 3,743 | 3,721 | 3,859 | 3,769 | 3,618 |
| Cost of revenue | 3,024 | 2,981 | 2,975 | 2,947 | 2,920 | 3,016 | 2,920 | 2,842 |
| Gross profit | 750 | 763 | 825 | 796 | 801 | 843 | 849 | 776 |
| Selling, general and administrative | 647 | 647 | 640 | 646 | 659 | 672 | 678 | 668 |
| Interest expense | 25 | 24 | 23 | 19 | 20 | 21 | 29 | 34 |
| Income before tax | −5 | 258 | 118 | 92 | 98 | 91 | 133 | −69 |
| Income tax | 38 | 43 | 50 | 36 | 30 | 34 | 115 | −14 |
| Net income | −43 | 215 | 69 | 56 | 68 | 57 | 17 | −55 |
| Diluted EPS | −$0.19 | $0.89 | $0.28 | $0.23 | $0.29 | $0.25 | $0.08 | −$0.25 |
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