Kyndryl Holdings, Inc. (KD)

Kyndryl Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	15,107	16,052	17,026	18,317	18,657	19,352
Revenue Growth (YoY)	-8.20%	-5.72%	-7.05%	-1.82%	-3.59%	-4.57%
Cost of Revenue	12,050	13,166	14,427	16,056	16,550	17,137
Gross Profit	3,057	2,886	2,599	2,261	2,107	2,215
Selling, General & Admin	2,643	2,770	2,945	2,800	2,810	3,887
Operating Expenses	2,643	2,770	2,945	2,800	2,810	3,887
Operating Income	414	116	-346	-539	-703	-1,672
Interest Expense	-107	-122	-94	-71	-64	-63
Currency Exchange Gain (Loss)	-82	-48	20	3	4	6
Other Non Operating Income (Expenses)	79	17	-15	-425	-4	-10
EBT Excluding Unusual Items	304	-37	-435	-1,032	-767	-1,739
Merger & Restructuring Charges	-177	-177	-151	-	-39	-
Impairment of Goodwill	-	-	-	-469	-469	-
Other Unusual Items	186	46	-264	-187	-627	-21
Pretax Income	313	-168	-850	-1,688	-1,902	-1,760
Income Tax Expense	175	172	524	351	402	247
Net Income	138	-340	-1,374	-2,039	-2,304	-2,007
Net Income to Common	138	-340	-1,374	-2,039	-2,304	-2,007
Shares Outstanding (Basic)	231	229	227	224	224	224
Shares Outstanding (Diluted)	236	229	227	224	224	224
Shares Change (YoY)	3.36%	1.10%	1.11%	0.04%	-	-
EPS (Basic)	0.60	-1.48	-6.06	-9.09	-10.28	-8.96
EPS (Diluted)	0.59	-1.48	-6.06	-9.10	-10.28	-8.96
Free Cash Flow	-61	-197	-84	-354	-871	-408
Free Cash Flow Per Share	-0.26	-0.86	-0.37	-1.58	-3.89	-1.82
Gross Margin	20.24%	17.98%	15.27%	12.34%	11.29%	11.45%
Operating Margin	2.74%	0.72%	-2.03%	-2.94%	-3.77%	-8.64%
Profit Margin	0.91%	-2.12%	-8.07%	-11.13%	-12.35%	-10.37%
Free Cash Flow Margin	-0.40%	-1.23%	-0.49%	-1.93%	-4.67%	-2.11%
EBITDA	1,047	947	600	704	634	-198
EBITDA Margin	6.93%	5.90%	3.52%	3.84%	3.40%	-1.02%
D&A For EBITDA	633	831	946	1,243	1,337	1,474
EBIT	414	116	-346	-539	-703	-1,672
EBIT Margin	2.74%	0.72%	-2.03%	-2.94%	-3.77%	-8.64%
Advertising Expenses	-	115	136	-	56	34

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q