Kyndryl Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021
Net Income	250	252	-340	-1,374	-2,039	-2,304
Depreciation & Amortization	1,078	973	1,150	1,374	1,575	1,664
Other Amortization	1,721	1,742	1,820	1,671	1,813	1,841
Loss (Gain) From Sale of Assets	-6	-152	43	6	24	11
Asset Writedown & Restructuring Costs	-	-	-	-	469	469
Stock-Based Compensation	95	100	95	113	87	71
Other Operating Activities	-70	-	-13	282	-432	-403
Change in Accounts Receivable	49	289	11	664	-969	-1,076
Change in Accounts Payable	-12	-89	-305	282	608	125
Change in Income Taxes	109	-1	-2	90	854	994
Change in Other Net Operating Assets	-2,183	-2,172	-2,005	-2,327	-1,592	-1,511
Operating Cash Flow	1,031	942	454	781	398	-119
Operating Cash Flow Growth	103.75%	107.49%	-41.87%	96.23%	-	-
Capital Expenditures	-732	-605	-651	-865	-752	-752
Sale of Property, Plant & Equipment	73	83	138	23	109	194
Divestitures	3	139	-	-	-	-
Other Investing Activities	15	-21	-40	7	-54	-14
Investing Cash Flow	-641	-404	-553	-835	-697	-572
Long-Term Debt Issued	-	-	494	-	-	3,038
Total Debt Issued	-	-	494	-	3,035	3,038
Long-Term Debt Repaid	-	-148	-644	-118	-	-91
Total Debt Repaid	-145	-148	-644	-118	-99	-91
Net Debt Issued (Repaid)	-145	-148	-150	-118	2,936	2,947
Repurchase of Common Stock	-419	-138	-22	-19	-4	-1
Other Financing Activities	2	-	2	-4	-503	-31
Financing Cash Flow	-562	-286	-170	-141	2,429	2,915
Foreign Exchange Rate Adjustments	21	-16	-37	-100	-26	-22
Miscellaneous Cash Flow Adjustments	-2	-1	-	1	-	1
Net Cash Flow	-153	235	-306	-294	2,104	2,203
Free Cash Flow	299	337	-197	-84	-354	-871
Free Cash Flow Margin	1.98%	2.24%	-1.23%	-0.49%	-1.93%	-4.67%
Free Cash Flow Per Share	1.26	1.41	-0.86	-0.37	-1.58	-3.89
Cash Interest Paid	116	119	118	98	5	2
Cash Income Tax Paid	154	149	191	167	59	12
Levered Free Cash Flow	-	2,621	2,068	2,714	-	2,095
Unlevered Free Cash Flow	-	2,684	2,145	2,773	-	2,135
Change in Working Capital	-2,037	-1,973	-2,301	-1,291	-1,099	-1,468

Source: S&P Global Market Intelligence. Standard template. Financial Sources.