Earnings summaries and quarterly performance for Kyndryl Holdings.
Executive leadership at Kyndryl Holdings.
Board of directors at Kyndryl Holdings.
Denis Machuel
Detailed
Director
Dominic J. Caruso
Detailed
Director
Howard I. Ungerleider
Detailed
Director
Jana Schreuder
Detailed
Director
Janina Kugel
Detailed
Director
John D. Harris II
Detailed
Director
Rahul N. Merchant
Detailed
Director
Shirley Ann Jackson
Detailed
Director
Stephen A.M. Hester
Detailed
Lead Independent Director
Research analysts who have asked questions during Kyndryl Holdings earnings calls.
Divya Goyal
Scotiabank
4 questions for KD
Also covers: ALYAF, CNXC, GIB +2 more
Tien-tsin Huang
JPMorgan Chase & Co.
4 questions for KD
Also covers: ACN, ADP, ALIT +23 more
Ian Zaffino
Oppenheimer & Co. Inc.
3 questions for KD
Also covers: ACA, ALSN, ARMK +18 more
James Friedman
Susquehanna Financial Group, LLLP
3 questions for KD
Also covers: AFRM, AVDX, BETR +18 more
Tyler DuPont
Bank of America
2 questions for KD
Also covers: DAVA, DXC, FLYW +1 more
Isaac Opper
Oppenheimer & Co. Inc.
1 question for KD
Jamie Friedman
Susquehanna International Group
1 question for KD
Also covers: ACN, AFRM, CTSH +7 more
Recent press releases and 8-K filings for KD.
Kyndryl Launches Agentic AI Framework and Services for Mainframe
KD
Product Launch
New Projects/Investments
- Kyndryl announced new AI-powered services and an Agentic AI Framework for IBM Z customers, designed to accelerate application development, increase operational agility, and unlock new business insights.
- These services, which include Kyndryl AI Assistant for Z, are integrated with the Kyndryl Bridge platform and leverage IBM watsonx Assistant for Z to provide intelligent automation and predictive analytics.
- A Kyndryl survey indicates that 88% of mainframe users plan to implement AI, with AI on the mainframe projected to drive $12.7 billion in cost savings and $19.5 billion in increased revenues over the next three years.
Nov 24, 2025, 2:01 PM
Kyndryl Extends Partnership with Vodafone Idea Limited
KD
New Projects/Investments
- Kyndryl (NYSE: KD) has announced a three-year partnership renewal with Vodafone Idea (Vi) to transform Vi's IT operations delivery, streamline application operations management, and provide a unified and integrated cyber resilience framework.
- As part of the extended agreement, Kyndryl will build and deliver a cyber resilience framework for Vi, focusing on security governance, data protection, and incident recovery services, while also redesigning Vi's cybersecurity architecture.
- Kyndryl will deploy a next-generation IT Ops delivery model for Vi, based on advanced automation and data-driven insights, to achieve a zero-touch delivery framework, enhancing service delivery and reducing costs.
- Vi will continue to leverage Kyndryl Bridge, Kyndryl's AI-powered open integration platform, which has already deployed over 1,000 unique automations at Vi and generates more than 15 million AI-enabled insights each month.
Nov 20, 2025, 5:01 AM
Kyndryl Launches New Agentic AI Services
KD
New Projects/Investments
Product Launch
- Kyndryl has introduced new advisory and implementation services to guide organizations in change management for scaling agentic AI, leveraging the Kyndryl Agentic AI Framework.
- These services are designed to redefine work, accelerate AI adoption, and engage employees and customers through workforce transformation, organizational change management, business process redesign, and user experience design.
- The launch addresses a critical need highlighted in Kyndryl's 2025 Readiness Report, which found that 87% of leaders expect AI to reshape jobs in the next year, but only 29% feel their workforce is ready.
Nov 13, 2025, 2:00 PM
Kyndryl (KD) Reports Q2 2026 Results, Reaffirms FY26 Outlook, and Increases Share Repurchase Program
KD
Earnings
Guidance Update
Share Buyback
- Kyndryl (KD) reported Q2 2026 revenue of $3.7 billion, a 1% year-over-year decrease on a reported basis, impacted by an estimated 4% drag from removing low-margin hardware and software content. Despite this, the company reaffirmed its fiscal year 2026 outlook for 1% constant currency revenue growth, anticipating 4-5% growth in the second half.
- The company demonstrated significant earnings growth in Q2 2026, with Adjusted EBITDA increasing 15% to $641 million and Adjusted Pre-Tax Income growing 171% to $123 million. Kyndryl also increased its share repurchase program by $400 million, reflecting confidence in its financial trajectory and commitment to shareholder returns.
- Key growth drivers performed strongly, with Kyndryl Consult revenue growing 25% year-over-year in constant currency for Q2 2026, reaching an annual pace of $3.4 billion. Hyperscaler-related revenue doubled since last year and is tracking above its initial $1.8 billion fiscal year 2026 target. The company remains on track to achieve its fiscal year 2028 objectives, including over $1.2 billion in adjusted pre-tax income and over $1 billion in adjusted free cash flow.
Nov 5, 2025, 1:30 PM
Kyndryl Announces Q2 2026 Financial Results and Reaffirms Fiscal 2026 Outlook
KD
Earnings
Guidance Update
Share Buyback
- Kyndryl reported Q2 2026 revenue of $3,721 million and adjusted EBITDA of $641 million, achieving an adjusted EBITDA margin of 17.2% for the quarter ended September 30, 2025.
- The company reaffirmed its Fiscal 2026 outlook, projecting at least $725 million in adjusted pretax income, an adjusted EBITDA margin of approximately 18%, and approximately $550 million in free cash flow, alongside 1% constant-currency revenue growth.
- Kyndryl is leveraging an agentic AI strategy, with AI content already in 25% of its signings, and expects to drive mid-single-digit revenue growth by FY28E, primarily from post-spin signings.
- During the second quarter ended September 30, 2025, Kyndryl repurchased $89 million in shares and generated $22 million in free cash flow.
Nov 5, 2025, 1:30 PM
Kyndryl Announces Agreement to Acquire Solvinity
KD
M&A
New Projects/Investments
- Kyndryl (NYSE: KD) has entered into an agreement to acquire Solvinity Group B.V., a privately held provider of secure managed cloud platforms and services in the Netherlands.
- The acquisition is intended to broaden Kyndryl's portfolio, offering customers expanded services for modernizing, innovating, and securing sensitive and complex workloads.
- This transaction reflects Kyndryl's proactive investment in mission-critical capabilities to enhance security, cloud platform services, and AI enablement for customers.
- The terms of the transaction were not disclosed, and closing is subject to customary conditions, including regulatory approval.
Nov 5, 2025, 11:40 AM
Kyndryl Reports Second Quarter Fiscal 2026 Results and Reaffirms Outlook
KD
Earnings
Guidance Update
Share Buyback
- Kyndryl reported revenues of $3.7 billion, net income of $68 million, and adjusted EBITDA of $641 million for the second quarter ended September 30, 2025.
- The company reaffirmed its fiscal year 2026 outlook, projecting adjusted pretax income of at least $725 million, an adjusted EBITDA margin of approximately 18%, and free cash flow of approximately $550 million.
- An additional $400 million share repurchase authorization was announced, supplementing the existing program under which $249 million has been used to repurchase 7.3 million shares as of September 30, 2025.
- Key growth areas showed strong performance, with hyperscaler-related revenue increasing 65% year-over-year to $440 million and Kyndryl Consult revenues growing 28% year-over-year in the second quarter.
Nov 4, 2025, 9:15 PM
Kyndryl Report: AI Investments Yield Returns, Face Implementation Hurdles
KD
New Projects/Investments
- Kyndryl's second annual Readiness Report, published on October 20, 2025, reveals that 54% of organizations are seeing positive returns on AI investments, a 12-point increase from 2024, with AI spending rising 33% on average since last year.
- Despite increased investment, 62% of AI projects remain in the pilot stage, and more than half of organizations report their foundational technology stack hinders innovation.
- The report highlights a significant workforce readiness gap, with only 29% of leaders feeling their employees are prepared to leverage AI, even as 87% anticipate AI will completely transform jobs within 12 months.
- Geopolitical pressures are driving changes in cloud strategies, with 75% of leaders concerned about risks in global cloud environments and 65% adjusting their approaches.
Oct 20, 2025, 4:00 AM
Kyndryl announces advanced Agentic AI capabilities
KD
Product Launch
New Projects/Investments
- Kyndryl has unveiled advanced capabilities to augment its Agentic AI Framework, designed to accelerate AI adoption and scale real-world AI-native solutions across various industries.
- The company is deploying forward engineers, capabilities, and intellectual property to drive rapid adoption, leveraging differentiated methodologies through Kyndryl Vital, with Kyndryl's Chairman and CEO, Martin Schroeter, emphasizing their unique approach to scaling AI.
- Kyndryl reports that a quarter of its signings contain AI-related content, and it is actively collaborating with customers in insurance, government, and banking to develop and deploy AI agents for various operational enhancements.
Oct 1, 2025, 4:00 AM
Kyndryl Holdings Discusses Strategic Repositioning and Financial Outlook
KD
Guidance Update
New Projects/Investments
Share Buyback
- Kyndryl has fundamentally repositioned itself since its spin-off from IBM, focusing on a strategy of "Advanced delivery, Alliances, and Focus accounts" to leverage its ability to invest and freedom of action, including building capabilities around other hyperscalers.
- The company has significantly improved profitability, moving from a -3% PTI margin at spin-out to a guided +5% this year. The "focus accounts" initiative has been a major contributor, providing $925 million in annualized benefits, with a raised target of $1 billion per year.
- Kyndryl is experiencing growth in its consult activities, which have grown from 10% to over 20% of its business, and in hyperscaler-related alliances, projected to grow from $1.2 billion last year to $1.8 billion this year.
- The company aims to achieve its "triple double single" financial targets by fiscal year 2028, which include tripling cash flow, doubling profit to over $1.2 billion in pretax earnings, and exiting with mid-single digit revenue growth.
- Kyndryl plans to allocate capital through small tuck-in acquisitions and an ongoing share repurchase program, having increased activity and being more than halfway through its current authorization.
Sep 3, 2025, 3:52 PM
Quarterly earnings call transcripts for Kyndryl Holdings.
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