Kyndryl Holdings Income 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
Revenue	15,123	15,057	16,052	17,026	18,317	18,657
Revenue Growth (YoY)	0.11%	-6.20%	-5.72%	-7.05%	-1.82%	-3.59%
Cost of Revenue	11,840	11,869	13,166	14,427	16,056	16,550
Gross Profit	3,283	3,188	2,886	2,599	2,261	2,107
Selling, General & Admin	2,631	2,606	2,770	2,945	2,800	2,810
Operating Expenses	2,631	2,606	2,770	2,945	2,800	2,810
Operating Income	652	582	116	-346	-539	-703
Interest Expense	-83	-100	-122	-94	-71	-64
Currency Exchange Gain (Loss)	76	-15	-48	20	3	4
Other Non Operating Income (Expenses)	-268	6	17	-15	-425	-4
EBT Excluding Unusual Items	377	473	-37	-435	-1,032	-767
Merger & Restructuring Charges	-102	-162	-177	-151	-	-39
Impairment of Goodwill	-	-	-	-	-469	-469
Other Unusual Items	125	125	46	-264	-187	-627
Pretax Income	400	436	-168	-850	-1,688	-1,902
Income Tax Expense	150	184	172	524	351	402
Net Income	250	252	-340	-1,374	-2,039	-2,304
Net Income to Common	250	252	-340	-1,374	-2,039	-2,304
Shares Outstanding (Basic)	230	232	229	227	224	224
Shares Outstanding (Diluted)	237	239	229	227	224	224
Shares Change (YoY)	0.41%	4.32%	1.10%	1.11%	0.04%	-
EPS (Basic)	1.09	1.09	-1.48	-6.06	-9.09	-10.28
EPS (Diluted)	1.05	1.05	-1.48	-6.06	-9.10	-10.28
Free Cash Flow	299	337	-197	-84	-354	-871
Free Cash Flow Per Share	1.26	1.41	-0.86	-0.37	-1.58	-3.89
Gross Margin	21.71%	21.17%	17.98%	15.27%	12.34%	11.29%
Operating Margin	4.31%	3.86%	0.72%	-2.03%	-2.94%	-3.77%
Profit Margin	1.65%	1.67%	-2.12%	-8.07%	-11.13%	-12.35%
Free Cash Flow Margin	1.98%	2.24%	-1.23%	-0.49%	-1.93%	-4.67%
EBITDA	1,379	1,228	947	600	704	634
EBITDA Margin	9.12%	8.16%	5.90%	3.52%	3.84%	3.40%
D&A For EBITDA	727	646	831	946	1,243	1,337
EBIT	652	582	116	-346	-539	-703
EBIT Margin	4.31%	3.86%	0.72%	-2.03%	-2.94%	-3.77%
Effective Tax Rate	37.50%	42.20%	-	-	-	-
Advertising Expenses	-	83	115	136	-	56

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q