Kyndryl Holdings

Kyndryl Holdings, Inc. operates as a technology services company, which engages in the provision of infrastructure services. It designs, builds, manages, and modernizes the mission-critical technology systems that the world depends on every day. The company was founded on December 4, 2020 and is headquartered in New York, NY.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Kyndryl exceeds targets and sees opportunities in global expansion

Kyndryl's Q4 2023 Earnings Call highlighted strong performance, challenges in reducing focus accounts, and opportunities in client environments and global expansion. The company's three A's initiatives have created substantial value and positioned it for future growth.

Kyndryl exceeds expectations, raises outlook, and focuses on high-margin services

Kyndryl is on track to deliver revenue growth in calendar 2025 and is confident in its ability to drive progress and expand capabilities. The company's focus on higher-margin services, such as Kyndryl Consult, is expected to contribute significantly to revenue and margin growth. While facing some one-time costs, Kyndryl is optimistic about its future performance and the opportunities ahead.

Kyndryl reports revenue growth and strategic alliances, eyes shareholder returns

Kyndryl is driving progress in key initiatives, facing challenges from currency impacts and separation-related expenses. The company's strong financial position, focus on sustainability, and growth opportunities position it well for future success.

Kyndryl surpasses targets, focuses on growth and profitability strategies

Kyndryl's strong performance in exceeding targets and improving margins reflects operational efficiency and strategic focus on key initiatives.
While challenges exist in managing macro uncertainties and optimizing revenue retention strategies, opportunities in growth and innovation are evident.
The company's emphasis on customer-centric solutions, operational excellence, and financial discipline bode well for future success and profitability.
Overall, Kyndryl's Q4 earnings call highlights a balanced approach to addressing challenges and leveraging opportunities for sustained growth.

Kyndryl exceeds Q1 expectations, eyes revenue growth and margin improvement

Kyndryl's Q1 2024 performance exceeded expectations, with a positive outlook for the year. The company is focused on revenue growth, margin improvement, and addressing substandard margins. Despite challenges with significant costs this year, Kyndryl remains confident in its ability to drive earnings and convert them into free cash flow over the medium term.

Kyndryl reports resilient Q2 performance, eyes growth in key sectors

Kyndryl Holdings showcased strong performance in Q2 2024 despite a revenue decline, with a focus on margin expansion, free cash flow growth, and exceeding targets for advanced delivery initiatives.
The company's strengths lie in its leadership position, strategic alliances, and higher-margin revenue streams, while facing challenges in profit realization visibility and workforce execution.
Opportunities for Kyndryl include growth in key areas like cloud, security, and AI, as well as a continued focus on margin expansion, customer value enhancement, and sustainable growth strategies.

Kyndryl reports stable Q3 performance, eyes growth through tech alliances

Kyndryl Holdings showcased improved operational efficiency and financial stability despite a decline in revenue, with a focus on profitability and growth drivers.
The company's strategic alliances with tech leaders and advanced delivery efforts position it well for future innovation and revenue generation.
While facing challenges from software cost increases and macroeconomic conditions, Kyndryl is optimistic about future prospects and revenue growth starting in 2025.
Opportunities lie in expanding consult revenues, strengthening partnerships, and transitioning towards higher-margin post-spin signings for sustained profitability.

Kyndryl Holdings posts record signings and consult revenue growth

Kyndryl Holdings reported a strong quarter with record signings and robust consult revenue growth.
While facing revenue decline challenges, the company's focus on hyperscaler partnerships and sustainable growth strategies bode well for future performance.
Addressing cybersecurity concerns and leveraging tech modernization opportunities will be key for Kyndryl's continued success.
Overall, Kyndryl's strategic strengths position it to navigate challenges and capitalize on growth opportunities in the market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Kyndryl Holdings, Inc. is a technology services company, which engages in the provision of infrastructure services. It operates through the following segments: United States, Japan, Principal Markets, and Strategic Markets. The Principal Markets segment represents the aggregation of operations in Australia, New Zealand, Canada, France, Germany, India, Italy, Spain, Portugal, the United Kingdom, and Ireland. The company was founded on December 4, 2020 and is headquartered in New York, NY.

Kyndryl doesn't appear to be all that great a business on the surface, but there could be value underneath. The old managed infrastructure unit of IBM is figuring out how to turn a more robust profit in a new cloud era.

Is Kyndryl Holdings a Top Stock to Buy in 2024?

NelsonHall's 2023 NEAT report recognized Kyndryl for Advanced Digital Workplace Services NEW YORK , Dec. 12, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it has been named a leader in Digital Workplace Services by IT and business services analyst firm NelsonHall in its 2023 Vendor Evaluation & Assessment Tool (NEAT) report for Advanced Digital Workplace Services (ADWS). Kyndryl was ranked as a 'Leader' within ADWS NEAT across all four of the report's market categories: Overall, Build Services Capability, Microsoft Capabilities and Run Services Capabilities.

Kyndryl Named a Leader for Digital Workplace Services

BlackBerry

Sprinklr

Paycom Software

Palantir Technologies

Upstart Holdings

Zoom Video

The tech sector has come back in favor lately. However, while there are plenty of high-quality tech stocks to buy, there are many doomed tech stocks that are best to avoid as well.

7 Doomed Tech Stocks to Dump in December

80% of organizations surveyed see great significance in technology's role to achieve their goals with AI's predictive analytics offering significant business opportunity NEW YORK , Dec. 4, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, in collaboration with Microsoft, today released the findings of The Global Sustainability Barometer study. The study, conducted by Ecosystm, finds that while 85% of organizations place a high strategic level of importance on achieving their sustainability goals, only 16% have integrated sustainability into their strategies and data.

Kyndryl Collaborates with Microsoft and Finds Only 16% of Organizations Integrated Sustainability Into Their Strategies While Most View Technology as Key to Achieving Their Goals

Akamai Technologies

Altair Engineering

Cloud computing has evolved into one of the most significant game-changers in modern technology. It allows enterprises to run and manage their websites, data and applications faster.

On the Rise: The Top 3 Cloud Computing Stocks to Watch

Aehr Test Systems

Coursera

Lantronix

Nerdy

Skillsoft

Zebra Technologies

When looking at the broader innovation space, it's the usual suspects that helped drive sentiment forward, which may provide an “air bubble” opportunity for under-the-radar tech stocks. Basically, with so much attention paid to a select few enterprises, investors can pivot toward the path less traveled.

Tech's Best Kept Secrets: 7 Under-the-Radar Stocks to Watch

NEW YORK , Nov. 16, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it has developed new services and capabilities for an extended VMware Private AI reference architecture to help customers more easily build, deploy and manage new generative AI and traditional AI/ML (machine learning) applications at scale across private, public and hybrid cloud environments. Core to these generative AI services are Kyndryl's automation, data management and Large Language Model Operations (LLMOps) services.

Kyndryl Unveils Services to Help Customers Create and Deploy Traditional and Generative AI Applications in VMware Private AI Environments

NEW YORK , Nov. 15, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced an agreement with Children's National Hospital (Children's National), one of the top five ranked children's hospitals in the nation by U.S. News & World Report, to help support the technology experience for staff by reducing friction across all technical touch points. Children's National cares for more than 240,000 patients each year across its main hospital and 32 specialty care and primary care offices throughout Washington D.C.

Kyndryl and Children's National Hospital Aim to Create a Modern Information Services Experience

CONSOL Energy

SPDR Gold Trust

GoPro

Green Brick Partners

Rice Acquisition Corp II

Seadrill Ltd

Southwestern Energy

Teck Resources

David Einhorn's Greenlight Capital cut its stakes in its top two holdings, U.S. housebuilder Green Brick Partners and Pennsylvania coal miner Consol Energy , and instead plowed millions into gold in the third quarter, the New York hedge fund's 13-F filings show.

David Einhorn's Greenlight Capital snaps up gold as it cuts stake in top two holdings

Kyndryl Holdings, Inc. (NYSE:KD ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Lori Chaitman - Global Head, IR Martin Schroeter - Chairman & CEO David Wyshner - CFO Conference Call Participants Divya Goyal - Scotiabank David Togut - Evercore James Friedman - Susquehanna Financial Group Operator Good day and thank you for standing by and welcome to the Kyndryl's Earnings Conference Call. At this time, all participants are in listen-only mode.

Kyndryl Holdings, Inc. (KD) Q3 2023 Earnings Call Transcript

Strong execution on 'three-A's' strategy drives margin expansion Revenues for the quarter ended September 30, 2023 total $4.1 billion, pretax loss is $109 million, and net loss is $142 million Adjusted EBITDA is $574 million, adjusted pretax income is $25 million, and adjusted net loss is $12 million for the quarter ended September 30, 2023 Raises full-year adjusted earnings outlook NEW YORK , Nov. 7, 2023 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended September 30, 2023, the second quarter of its 2024 fiscal year.  "We're strengthening and transforming our business at an accelerated pace, which is driving faster-than-anticipated margin expansion and creating future growth opportunities for Kyndryl.

KYNDRYL REPORTS SECOND QUARTER FISCAL 2024 RESULTS AND RAISES ITS FULL-YEAR OUTLOOK

Dynatrace Inc

Combining Kyndryl's end-to-end services with the Dynatrace observability platform to provide business value NEW YORK and WALTHAM, Mass. , Nov. 1, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Dynatrace (NYSE: DT), the leader in unified observability and security, today announced a global alliance to provide customers with joint offerings to enhance insights and inform business decisions.

Kyndryl and Dynatrace Announce Global Alliance to Enhance Customers' Insights

Kyndryl Holdings, Inc. (KD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Kyndryl Holdings, Inc. (KD) Report Negative Earnings Next Week? What You Should Know

NEW YORK , Oct. 31, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced the availability of new services for financial services organizations seeking to use Google Cloud to safely store and protect their confidential and sensitive data. Kyndryl's new services are designed to enable a unified, scalable and security-rich data platform to support customers' regulatory and compliance activities and requirements.

Kyndryl Unveils Banking and Financial Industry Services for Google Cloud Customers

NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced availability of Kyndryl Experience Management as a Service, an end-to-end digital workplace capability that helps customers effectively plan, implement and derive tangible business outcomes from their technology services. Kyndryl's new Experience Management services leverage the design-led collaboration of Kyndryl Vital, know-how and expertise of Kyndryl Consult and integrated AIOps and automation of Kyndryl Bridge to provide customers a seamless approach to envisioning, designing, adopting, managing and continuously optimizing their technology environments.

Kyndryl Introduces Experience Management as a Service to Help Customers Monitor, Measure and Achieve Business Outcomes

First Solar

InterDigital

The Nasdaq Composite has been on a strong rally in 2023. Today, the famous tech-heavy index is down 10% from its recent high, but on a year-to-date basis, the index has gained more than 22% year-to-date, outperforming its peers, the S&P 500 and the Dow Jones Industrial Average.

3 Cheap Tech Stocks to Buy Before They Rebound

ADTRAN Holdings Inc

FRANKFURT, Germany--(BUSINESS WIRE)-- #5G--Adtran today announced that Kyndryl, a leading multinational information technology infrastructure services provider, is leveraging its Ensemble virtualization suite to deliver secure, managed enterprise cloud access services. Adtran's Ensemble Connector and Ensemble SaaS management and orchestration (MANO) platforms give Kyndryl's customers an open, powerful and flexible pay-as-you-grow solution for network virtualization. Running on servers located in Amst.

Kyndryl partners with Adtran to deliver secure, managed multi-cloud services

Catalyst Pharmaceuticals

ImmunoGen

Inari Medical

Invest in stocks like Catalyst Pharmaceuticals (CPRX), ImmunoGen (IMGN), Inari Medical (NARI) and Kyndryl Holdings (KD) for superb earnings acceleration.

4 Stocks That Exhibit Solid Earnings Acceleration

Company will host earnings call on November 8, 2023 NEW YORK, Oct. 5, 2023 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended September 30, 2023, the second quarter of its 2024 fiscal year, after market close on Tuesday, November 7, 2023.  Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m.

KYNDRYL TO RELEASE QUARTERLY RESULTS ON NOVEMBER 7, 2023

Alliance will provide end-to-end network and cybersecurity services for joint enterprise customers Kyndryl releases a new SD-WAN service offering powered by Palo Alto Networks Prisma SD-WAN to enable customers to digitally transform and meet demands of enterprise mobility Kyndryl's joint innovation lab will showcase innovative industrial 5G and edge use cases by the end of 2023 NEW YORK , Oct. 3, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a strategic global alliance with Palo Alto Networks to provide end-to-end network and cybersecurity services, including the launch of a new service offering, powered by Prisma SD-WAN for enterprises and Industry 4.0 customers. The alliance brings together Palo Alto Networks industry-leading platform security capabilities with Kyndryl's advanced network security services expertise to design, build, manage, and modernize mission-critical networking for customers across industries.

Kyndryl Announces Strategic Global Alliance with Palo Alto Networks to Provide Industry Leading Network and Cybersecurity Services

Kyndryl Holdings, as the largest provider of IT infrastructure services globally, has a complex investment profile with mixed prospects. Despite progress in profitability, the stock's current valuation, with a P/E ratio of around 22x this year's pretax profits, doesn't seem particularly attractive given the declining revenues. Kyndryl's challenge lies in convincing customers to pay more in a competitive IT services market while facing the risk of struggling to retain existing customers.

Kyndryl's Mixed Investment Profile: Pros And Cons

Group 1 Automotive

First Internet Bancorp

GPI, INBK and KD made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 28, 2023.

Best Momentum Stocks to Buy for September 28th

PITTSBURGH , Sept. 26, 2023 /PRNewswire/ -- Expedient, a Full-Stack Cloud Service Provider, today announced a partnership with Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider.

Expedient Announces Partnership with Kyndryl to Deliver Disaster Recovery as a Service

Global IT infrastructure company Kyndryl Holdings NYSE: KD isn't quite a household name. However, it is the largest IT infrastructure provider on the planet.

Buy The World's Largest IT Infrastructure Provider For Under $20

Kyndryl Ranked Among 100 U.S. Companies Recognized for Outstanding Employee Sentiment and Satisfaction NEW YORK , Sept. 20, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that the company has been named to Newsweek's 2023 list of America's 100 Most Loved Workplaces®.

News for Kyndryl Holdings Stock (KD)