Kyndryl Holdings, Inc. (KD)

Kyndryl Holdings Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Dec 31, 2021
Revenue	15,057	16,052	17,026	18,317	18,657
Revenue Growth (YoY)	-6.20%	-5.72%	-7.05%	-1.82%	-3.59%
Cost of Revenue	11,914	13,166	14,427	16,056	16,550
Gross Profit	3,143	2,886	2,599	2,261	2,107
Selling, General & Admin	2,705	2,770	2,945	2,800	2,810
Operating Expenses	2,705	2,770	2,945	2,800	2,810
Operating Income	438	116	-346	-539	-703
Interest Expense	-100	-122	-94	-71	-64
Currency Exchange Gain (Loss)	-	-48	20	3	4
Other Non Operating Income (Expenses)	-47	17	-15	-425	-4
EBT Excluding Unusual Items	291	-37	-435	-1,032	-767
Merger & Restructuring Charges	-	-177	-151	-	-39
Impairment of Goodwill	-	-	-	-469	-469
Gain (Loss) on Sale of Assets	145	-	-	-	-
Other Unusual Items	-	46	-264	-187	-627
Pretax Income	436	-168	-850	-1,688	-1,902
Income Tax Expense	184	172	524	351	402
Net Income	252	-340	-1,374	-2,039	-2,304
Net Income to Common	252	-340	-1,374	-2,039	-2,304
Shares Outstanding (Basic)	232	229	227	224	224
Shares Outstanding (Diluted)	239	229	227	224	224
Shares Change (YoY)	4.32%	1.10%	1.11%	0.04%	-
EPS (Basic)	1.09	-1.48	-6.06	-9.09	-10.28
EPS (Diluted)	1.05	-1.48	-6.06	-9.10	-10.28
Free Cash Flow	337	-197	-84	-354	-871
Free Cash Flow Per Share	1.41	-0.86	-0.37	-1.58	-3.89
Gross Margin	20.87%	17.98%	15.27%	12.34%	11.29%
Operating Margin	2.91%	0.72%	-2.03%	-2.94%	-3.77%
Profit Margin	1.67%	-2.12%	-8.07%	-11.13%	-12.35%
Free Cash Flow Margin	2.24%	-1.23%	-0.49%	-1.93%	-4.67%
EBITDA	1,128	947	600	704	634
EBITDA Margin	7.49%	5.90%	3.52%	3.84%	3.40%
D&A For EBITDA	690	831	946	1,243	1,337
EBIT	438	116	-346	-539	-703
EBIT Margin	2.91%	0.72%	-2.03%	-2.94%	-3.77%
Effective Tax Rate	42.20%	-	-	-	-
Advertising Expenses	-	115	136	-	56

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q