Kyndryl Holdings, Inc income statement KD

Annual Quarterly

In Q2 of fiscal 2027, the quarter ended Sep 30, 2026, Kyndryl Holdings, Inc reported revenue of $3.7 billion. Net income was $59.0 million, a profit margin of 1.6%. Diluted earnings per share were $0.27.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Sep 30, 2026	Q2 FY2027 Sep 30, 2026	Q1 FY2027 Jun 30, 2026	Q2 FY2025 Sep 30, 2025	Q1 FY2026 Jun 30, 2025	Q4 FY2025 Mar 31, 2025	Q3 FY2025 Dec 31, 2024	Q1 FY2025 Jun 30, 2024	Q4 FY2024 Mar 31, 2024
Revenue	—	3,651	3,618 -3.3%	3,721 -8.6%	3,743 +0.1%	3,800 -1.3%	3,744 -4.9%	3,739 -10.8%	3,850 -9.5%
Cost of revenue	—	2,794	2,842 -3.6%	2,920 -14.7%	2,947 +0.4%	2,975 -5.1%	2,981 -6.4%	2,934 -14.9%	3,134 -13.2%
Gross profit	—	857	776 -2.5%	801 +23.0%	796 -1.1%	825 +15.2%	763 +1.5%	805 +8.2%	716 +11.4%
Selling, general and administrative	—	669	668 +3.4%	659 +3.9%	646 -1.7%	640 -10.4%	647 -8.2%	657 -8.8%	714 -8.8%
Restructuring and impairment	—	38	152 +508.0%	19 -51.3%	25 -44.4%	42 +23.5%	26 -21.2%	45 -33.8%	34 -71.4%
Pretax income	—	112	-69 -175.0%	98 +189.9%	92 +43.8%	118 +4033.3%	258 +386.8%	64 +158.7%	-3 +99.0%
Income tax	—	53	-14 -138.9%	30 -9.1%	36 -32.1%	50 +22.0%	43 -33.8%	53 +65.6%	41 -90.9%
Net income	—	59	-55 -198.2%	68 +147.9%	56 +409.1%	69 +253.3%	215 +1891.7%	11 +107.8%	-45 +93.9%
Basic EPS	—	0.27	-0.25 -204.2%	0.29 +146.8%	0.24 +380.0%	0.30 +252.4%	0.93 +1960.0%	0.05 +108.1%	-0.20 +94.0%
Diluted EPS	—	0.27	-0.25 -208.7%	0.29 +146.8%	0.23 +360.0%	0.29 +246.1%	0.89 +1880.0%	0.05 +108.1%	-0.20 +94.0%
Weighted average shares, basic	—	218	221 -4.2%	231 +0.7%	230 -0.1%	232 +0.6%	232 +1.1%	230 +1.1%	230 +1.1%
Weighted average shares, diluted	—	219	221 -7.7%	236 +3.0%	239 +1.4%	242 +5.0%	241 +4.8%	236 +3.5%	230 +1.1%
Other measures
Depreciation and amortization	—	189	183 -4.2%	193 -12.3%	191 +50.4%	189 -3.1%	195 -5.8%	127 -39.5%	195 -11.0%
Margins
Gross margin	—	23.47%	21.45%	21.53%	21.27%	21.71%	20.38%	21.53%	18.60%
Pretax margin	—	3.07%	-1.91%	2.63%	2.46%	3.11%	6.89%	1.71%	-0.08%
Profit margin	—	1.62%	-1.52%	1.83%	1.50%	1.82%	5.74%	0.29%	-1.17%
Effective tax rate	—	47.32%	—	30.61%	39.13%	42.37%	16.67%	82.81%	—

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

New to this? Read How to Read an Income Statement, With a Real Example.

Company profile

Industry: Services-Computer Integrated Systems Design (SIC 7373)
Listed as: KD (NYSE)
Fiscal year ends: March 31
Incorporated in: DE
Headquarters: New York, NY
SEC filer status: Large accelerated filer
SEC CIK: 1867072
Former names: Kyndryl Holdings, LLC (until Aug 31, 2021)

Other Services-Computer Integrated Systems Design companies

All 56 Services-Computer Integrated Systems Design companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.