The Inventing Press

Kyndryl Holdings, Inc.

Financial highlights

MetricFY 03/31/26FY 03/31/25FY 03/31/24FY 03/31/23FY 03/31/22
Income Statement
Revenue$15.1B$15.1B$16.1B$17.0B
Cost of revenue$11.8B$11.9B$13.2B$14.5B
Selling, general & administrative$2.7B$2.6B$2.8B$2.9B
Research and development$57.0M$49.0M$58.0M$79.0M
Interest expense$89.0M$100.0M$122.0M$94.0M
Pretax income$414.0M$435.0M-$168.0M-$851.0M
Income tax expense$215.0M$184.0M$172.0M$524.0M
Net income$198.0M$252.0M-$340.0M-$1.4B
Balance Sheet
Cash and equivalents$2.6B$1.8B$1.6B$1.8B$2.1B
Current assets$5.5B$4.6B$4.7B$5.0B$6.1B
Total assets$12.6B$10.5B$10.6B$11.5B$13.4B
Current liabilities$6.3B$4.3B$4.6B$4.9B$5.1B
Total liabilities$11.3B$9.1B$9.5B$10.0B$10.7B
Total debt$2.9B$2.9B$3.0B$3.0B
Stockholders' equity$1.2B$1.2B$1.0B$1.4B$2.6B
Cash Flow Statement
Cash from operations$948.0M$942.0M$454.0M$781.0M
Depreciation and amortization$762.0M$660.0M$834.0M$900.0M
Stock-based compensation$64.0M$100.0M$95.0M$113.0M
Capital expenditure$608.0M$605.0M$651.0M$865.0M
Free cash flow$340.0M$337.0M-$197.0M-$84.0M
Share repurchases$304.0M$93.0M$22.0M$19.0M
Impairments$0$0$0$0$0

Shares outstanding 225.4M · Free float 87.1%

Annual filing data through FY ended March 31, 2026; float as of July 4, 2026.

Earnings