Kyndryl Holdings, Inc. (KD) Form 10-K — May 29, 2026
Kyndryl Holdings reported flat revenue of $15.1 billion for fiscal 2026, unchanged from the prior year, while net income declined to $198 million from $252 million. The decline in net income was primarily due to the absence of a $138 million after-tax gain from the sale of its Securities Industry Services platform in Canada, which had boosted the prior year's results. Despite the top-line stagnation, the company demonstrated operational improvement with adjusted EBITDA rising 6% to $2.67 billion, driven by efficiency initiatives and margin expansion in key segments like the United States and Japan.
Key figures
- Revenue
- 15092000000
- Net Income
- 198000000
- Total Debt
- 0
- Revenue Yoy
- 0%
- Total Assets
- 12551000000
- Cash Position
- 0
- Adjusted Ebitda
- 2672000000
- Repurchase Cost
- 304000000
- Shares Repurchased
- 11600000
- Adjusted Ebitda Growth
- 6%
- Expected Annual Savings
- 400-500 million
- Workforce Rebalancing Charges
- 60000000
- Expected Future Workforce Charges
- 200000000
- Repurchase Authorization Remaining
- 302000000
Price after filing
Close on the filing date to close N calendar days later (from $11.78). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.