Kyndryl Holdings, Inc.
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KD FY 2026 request
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Income Statement
| Metric | FY 2026 | FY 2025 | YoY |
|---|---|---|---|
| Revenue | 15,092 | 15,057 | +0.2% |
Show Business Segments breakouts |
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| Japan. | 2,284 | 2,358 | -3.1% |
| Principal Markets | 5,399 | 5,206 | +3.7% |
| Strategic Markets | 3,625 | 3,617 | +0.2% |
| United States. | 3,784 | 3,876 | -2.4% |
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| JP | 2,284 | 2,358 | -3.1% |
| Other countries, excluding United States and Japan | 9,024 | 8,823 | +2.3% |
| US | 3,784 | 3,876 | -2.4% |
| Cost of Revenue | 11,803 | 11,914 | -0.9% |
| Research & Development | 57 | 49 | +16.3% |
| Selling, General & Administrative | 2,654 | 2,591 | +2.4% |
| Income Before Taxes | 414 | 435 | -4.8% |
| Income Tax Expense (Benefit) | 215 | 184 | +16.8% |
| Net Income | 198 | 252 | -21.4% |
Show Equity Components breakouts |
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| Retained Earnings | 198 | 252 | -21.4% |
| Comprehensive Income | 284 | 236 | +20.3% |
| Other Comprehensive Income | 86 | -16 | +637.5% |
| EPS (Basic) | 0.87 | 1.09 | -20.2% |
| EPS (Diluted) | 0.85 | 1.05 | -19.0% |
| Wtd Avg Shares (Basic) | 228.3 | 231.5 | -1.4% |
| Wtd Avg Shares (Diluted) | 233.8 | 239.1 | -2.2% |
| Foreign Currency Transaction Gain Loss Before Tax | -37 | -1 | -3600.0% |
| Interest Expense | 89 | 100 | -11.0% |
| Marketing And Advertising Expense | 69 | 83 | -16.9% |
Balance Sheet
| Metric | FY 2026 | FY 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 2,623 | 1,786 | +46.9% |
| Accounts Receivable | 1,300 | 1,345 | -3.3% |
| Prepaid Expenses & Other Current Assets | 436 | 446 | -2.2% |
| Total Current Assets | 5,528 | 4,589 | +20.5% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 2,517 | 2,570 | -2.1% |
Show Geography breakouts |
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| Other countries excluding United States | 1,640 | 1,687 | -2.8% |
| US | 877 | 883 | -0.7% |
| Operating Lease Right-of-Use Assets | 853 | 731 | +16.7% |
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| BE | 87 | 92 | -5.4% |
| FR | 84 | 81 | +3.7% |
| IT | 82 | 76 | +7.9% |
| Other countries excluding United States, Belgium, France, and Italy | 420 | 349 | +20.3% |
| US | 179 | 134 | +33.6% |
| Goodwill | 786 | 790 | -0.5% |
Show Business Segments breakouts |
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| Japan. | 484 | 489 | -1.0% |
| Principal Markets | 92 | 92 | 0.0% |
| Strategic Markets | 198 | 198 | 0.0% |
| United States. | 11 | 11 | 0.0% |
| Intangible Assets | 165 | 218 | -24.3% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Computer Software Intangible Asset | 116 | 141 | -17.7% |
| Customer Relationships | 39 | 61 | -36.1% |
| Developed Technology Rights | 8 | 11 | -27.3% |
| Patents and trademarks | 2 | 5 | -60.0% |
| Deferred Tax Assets | 240 | 204 | +17.6% |
| Other Non-Current Assets | 360 | 162 | +122.2% |
| Total Assets | 12,551 | 10,452 | +20.1% |
| Current Liabilities | |||
| Accounts Payable | 1,346 | 1,351 | -0.4% |
| Accrued Liabilities | 369 | 437 | -15.6% |
| Deferred Revenue | 888 | 746 | +19.0% |
| Total Current Liabilities | 6,307 | 4,300 | +46.7% |
| Debt Current | 1.8 | 129 | -98.6% |
| Non-Current Liabilities | |||
| Long-Term Debt | 3.9 | 2.9 | +34.5% |
| Operating Lease Liabilities | 602 | 511 | +17.8% |
| Other Non-Current Liabilities | 1,176 | 443 | +165.5% |
| Total Liabilities | 11,259 | 9,121 | +23.4% |
| Stockholders' Equity | |||
| Retained Earnings | -1,869 | -2,067 | +9.6% |
| Accumulated Other Comprehensive Income | -1,074 | -1,160 | +7.4% |
| Total Stockholders' Equity | 1,175 | 1,219 | -3.6% |
| Total Liabilities & Equity | 12,551 | 10,452 | +20.1% |
Cash Flow Statement
| Metric | FY 2026 | FY 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Stock-Based Compensation | 64 | 100 | -36.0% |
| Deferred Income Taxes | -24 | -1 | -2300.0% |
| Change in Accounts Receivable | 84 | 284 | -70.4% |
| Change in Accounts Payable | -93 | -89 | -4.5% |
| Net Cash from Operations | 948 | 942 | +0.6% |
| Investing Activities | |||
| Other Investing Activities | -19 | -20 | +5.0% |
| Net Cash from Investing | -561 | -404 | -38.9% |
| Financing Activities | |||
| Share Repurchases | -304 | -93 | -226.9% |
| Tax Withholding for Share Compensation | -94 | -45 | -108.9% |
| Net Cash from Financing | 457 | -286 | +259.8% |
| Supplemental | |||
| Income Taxes Paid | 151 | 149 | +1.3% |
| Interest Paid | 115 | 119 | -3.4% |
| Other Cash Flow | |||
| Net Change in Cash | 836 | 235 | +255.7% |
Values in millions USD. Source: SEC EDGAR 10-K filing.