Isaac Opper's questions to Kyndryl Holdings Inc (KD) leadership • Q2 2025
Question
Isaac Opper, on for another analyst, asked for details on Kyndryl Consult's growth drivers between new and existing clients, how its margins compare to managed services, and current trends in cloud adoption (on-premise vs. hybrid vs. full cloud).
Answer
CFO David Wyshner stated that Consult revenue growth is accelerating, now comprising 19% of total revenue with margins a few points higher than managed services, and often serves as an entry point for new logos. Chairman and CEO Martin Schroeter added that major trends like AI adoption and new regulations all lead back to infrastructure, driving consult demand. He also confirmed the trend toward hybrid cloud environments continues as clients seek innovation, and Kyndryl is winning more of this migration work.