Kyndryl Holdings, Inc. (KD)

Kyndryl Holdings Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Dec 31, 2021
Revenue	15,008	15,057	16,052	17,026	18,317	18,657
Revenue Growth (YoY)	-1.90%	-6.20%	-5.72%	-7.05%	-1.82%	-3.59%
Cost of Revenue	11,796	11,869	13,166	14,427	16,056	16,550
Gross Profit	3,212	3,188	2,886	2,599	2,261	2,107
Selling, General & Admin	2,605	2,606	2,770	2,945	2,800	2,810
Operating Expenses	2,605	2,606	2,770	2,945	2,800	2,810
Operating Income	607	582	116	-346	-539	-703
Interest Expense	-87	-100	-122	-94	-71	-64
Currency Exchange Gain (Loss)	27	-15	-48	20	3	4
Other Non Operating Income (Expenses)	-14	6	17	-15	-425	-4
EBT Excluding Unusual Items	533	473	-37	-435	-1,032	-767
Merger & Restructuring Charges	-112	-162	-177	-151	-	-39
Impairment of Goodwill	-	-	-	-	-469	-469
Other Unusual Items	146	125	46	-264	-187	-627
Pretax Income	567	436	-168	-850	-1,688	-1,902
Income Tax Expense	159	184	172	524	351	402
Net Income	408	252	-340	-1,374	-2,039	-2,304
Net Income to Common	408	252	-340	-1,374	-2,039	-2,304
Shares Outstanding (Basic)	231	232	229	227	224	224
Shares Outstanding (Diluted)	242	239	229	227	224	224
Shares Change (YoY)	5.12%	4.32%	1.10%	1.11%	0.04%	-
EPS (Basic)	1.77	1.09	-1.48	-6.06	-9.09	-10.28
EPS (Diluted)	1.68	1.05	-1.48	-6.06	-9.10	-10.28
Free Cash Flow	242	337	-197	-84	-354	-871
Free Cash Flow Per Share	1.00	1.41	-0.86	-0.37	-1.58	-3.89
Gross Margin	21.40%	21.17%	17.98%	15.27%	12.34%	11.29%
Operating Margin	4.04%	3.86%	0.72%	-2.03%	-2.94%	-3.77%
Profit Margin	2.72%	1.67%	-2.12%	-8.07%	-11.13%	-12.35%
Free Cash Flow Margin	1.61%	2.24%	-1.23%	-0.49%	-1.93%	-4.67%
EBITDA	1,344	1,228	947	600	704	634
EBITDA Margin	8.96%	8.16%	5.90%	3.52%	3.84%	3.40%
D&A For EBITDA	737	646	831	946	1,243	1,337
EBIT	607	582	116	-346	-539	-703
EBIT Margin	4.04%	3.86%	0.72%	-2.03%	-2.94%	-3.77%
Effective Tax Rate	28.04%	42.20%	-	-	-	-
Advertising Expenses	-	83	115	136	-	56

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q