Kyndryl Holdings Inc (KD)

Technology | Information Technology Services
Income Statement (Quarterly) 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenue 3,743,000,000 3,800,000,000 3,744,000,000 3,774,000,000
Cost of Revenue 2,947,000,000 0 2,981,000,000 3,024,000,000
Gross Profit 796,000,000 0 763,000,000 750,000,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 646,000,000 640,000,000 647,000,000 647,000,000
Operating Expenses 646,000,000 640,000,000 647,000,000 750,000,000
Operating Income 148,000,000 162,000,000 116,000,000 61,000,000
Interest Expense 19,000,000 23,000,000 24,000,000 25,000,000
Income Before Tax 92,000,000 118,000,000 258,000,000 -5,000,000
Income Tax Expense 36,000,000 50,000,000 43,000,000 38,000,000
Net Income 56,000,000 68,000,000 215,000,000 -43,000,000
Per Share
EPS 0.24 0.30 0.93 -0.19
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2021-12-31 2020-12-31
Revenue 15,057,000,000 16,052,000,000 17,026,000,000 18,657,000,000 19,352,000,000
Cost of Revenue 11,914,000,000 13,189,000,000 14,498,000,000 16,550,000,000 17,143,000,000
Gross Profit 3,143,000,000 2,863,000,000 2,528,000,000 2,107,000,000 2,209,000,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 2,591,000,000 2,773,000,000 2,914,000,000 2,776,000,000 3,811,000,000
Operating Expenses 2,591,000,000 2,773,000,000 2,914,000,000 2,776,000,000 3,887,000,000
Operating Income 552,000,000 90,000,000 -386,000,000 -704,000,000 -1,678,000,000
Interest Expense 100,000,000 122,000,000 94,000,000 64,000,000 63,000,000
Income Before Tax 435,000,000 -168,000,000 -851,000,000 -1,903,000,000 -1,766,000,000
Income Tax Expense 184,000,000 172,000,000 524,000,000 402,000,000 246,000,000
Net Income 252,000,000 -340,000,000 -1,374,000,000 -2,305,000,000 -2,011,000,000
Per Share
EPS 1.09 -1.48 -6.06 -10.29 -8.98
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2021-12-31
Assets
Cash and Cash Equivalents 1,786,000,000 1,553,000,000 1,847,000,000 2,223,000,000
Short Term Investments 0 0 0 0
Net Receivables 1,345,000,000 1,599,000,000 1,523,000,000 2,279,000,000
Inventory 0 0 1,082,000,000 1,274,000,000
Total Current Assets 4,589,000,000 4,747,000,000 4,963,000,000 5,777,000,000
Property Plant Equipment 3,301,000,000 3,538,000,000 3,744,000,000 4,284,000,000
Goodwill and Intangibles 1,007,000,000 993,000,000 983,000,000 768,000,000
Total Assets 10,452,000,000 10,590,000,000 11,464,000,000 13,213,000,000
Liabilities
Account Payables 1,351,000,000 1,408,000,000 1,774,000,000 1,140,000,000
Short Term Debt 403,000,000 411,000,000 426,000,000 465,000,000
Total Current Liabilities 4,300,000,000 4,589,000,000 4,868,000,000 4,457,000,000
Long Term Debt 3,553,000,000 3,734,000,000 3,818,000,000 4,135,000,000
Total Liabilities 9,121,000,000 9,468,000,000 10,002,000,000 10,445,000,000
Shareholders Equity
Retained Earnings -2,068,000,000 -2,319,000,000 -1,978,000,000 -375,000,000
Total Shareholders Equity 1,219,000,000 1,015,000,000 1,365,000,000 2,765,000,000
Balance Sheet (Annual) 2025-03-31 2024-03-31 2023-03-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 1,786,000,000 1,553,000,000 1,847,000,000 2,223,000,000 24,000,000
Short Term Investments 0 0 0 0 0
Net Receivables 1,345,000,000 1,599,000,000 1,523,000,000 2,279,000,000 1,444,000,000
Inventory 0 0 1,082,000,000 1,274,000,000 0
Total Current Assets 4,589,000,000 4,747,000,000 4,963,000,000 5,777,000,000 2,843,000,000
Property Plant Equipment 3,301,000,000 3,538,000,000 3,744,000,000 4,284,000,000 5,121,000,000
Goodwill and Intangibles 1,007,000,000 993,000,000 983,000,000 768,000,000 1,289,000,000
Total Assets 10,452,000,000 10,590,000,000 11,464,000,000 13,213,000,000 11,205,000,000
Liabilities
Account Payables 1,351,000,000 1,408,000,000 1,774,000,000 1,140,000,000 919,000,000
Short Term Debt 403,000,000 411,000,000 426,000,000 465,000,000 402,000,000
Total Current Liabilities 4,300,000,000 4,589,000,000 4,868,000,000 4,457,000,000 3,910,000,000
Long Term Debt 3,553,000,000 3,734,000,000 3,818,000,000 4,135,000,000 990,000,000
Total Liabilities 9,121,000,000 9,468,000,000 10,002,000,000 10,445,000,000 6,275,000,000
Shareholders Equity
Retained Earnings -2,068,000,000 -2,319,000,000 -1,978,000,000 -375,000,000 0
Total Shareholders Equity 1,219,000,000 1,015,000,000 1,365,000,000 2,765,000,000 4,872,000,000
Cash Flow Statement (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2021-12-31
Operating Activities
Net Income 252,000,000 -340,000,000 -1,374,000,000 -2,304,000,000
Depreciation & Amortization 2,717,000,000 1,183,000,000 1,374,000,000 1,664,000,000
Stock Based Compensation 100,000,000 95,000,000 113,000,000 71,000,000
Change in Working Capital -1,973,000,000 -2,301,000,000 -1,291,000,000 -1,468,000,000
Operating Cash Flow 942,000,000 454,000,000 781,000,000 -119,000,000
Investing Activities
Capital Expenditure -605,000,000 -651,000,000 -865,000,000 -752,000,000
Investments -605,000,000 -651,000,000 -865,000,000 -752,000,000
Investing Cash Flow -404,000,000 -553,000,000 -835,000,000 -572,000,000
Financing Activities
Debt Repayment -148,000,000 -150,000,000 -118,000,000 -91,000,000
Common Stock Issued/Repurchased -138,000,000 -22,000,000 -19,000,000 -1,000,000
Dividends Paid 0 0 0 0
Financing Cash Flow -286,000,000 -170,000,000 -141,000,000 2,915,000,000
Summary
Free Cash Flow 942,000,000 -197,000,000 -84,000,000 -871,000,000
Net Change in Cash 235,000,000 -306,000,000 -294,000,000 2,202,000,000
Cash Flow Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2021-12-31 2020-12-31
Operating Activities
Net Income 252,000,000 -340,000,000 -1,374,000,000 -2,304,000,000 -2,011,000,000
Depreciation & Amortization 2,717,000,000 1,183,000,000 1,374,000,000 1,664,000,000 1,898,000,000
Stock Based Compensation 100,000,000 95,000,000 113,000,000 71,000,000 64,000,000
Change in Working Capital -1,973,000,000 -2,301,000,000 -1,291,000,000 -1,468,000,000 -1,334,000,000
Operating Cash Flow 942,000,000 454,000,000 781,000,000 -119,000,000 628,000,000
Investing Activities
Capital Expenditure -605,000,000 -651,000,000 -865,000,000 -752,000,000 -1,036,000,000
Investments -605,000,000 -651,000,000 -865,000,000 -752,000,000 -1,036,000,000
Investing Cash Flow -404,000,000 -553,000,000 -835,000,000 -572,000,000 -953,000,000
Financing Activities
Debt Repayment -148,000,000 -150,000,000 -118,000,000 -91,000,000 -66,000,000
Common Stock Issued/Repurchased -138,000,000 -22,000,000 -19,000,000 -1,000,000 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow -286,000,000 -170,000,000 -141,000,000 2,915,000,000 312,000,000
Summary
Free Cash Flow 942,000,000 -197,000,000 -84,000,000 -871,000,000 -408,000,000
Net Change in Cash 235,000,000 -306,000,000 -294,000,000 2,202,000,000 -12,000,000