← Kyndryl Holdings, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2023 FY 2024 FY 2025 FY 2026 TTM
Operating Revenue $20.3b
$19.4b -4.57%
$18.7b -3.59%
$17.0b -8.74%
$16.1b -5.72%
$15.1b -6.20%
$15.1b +0.23%
$15.0b -0.83%
Cost Of Revenue $16.8b
$16.0b -4.57%
$17.1b +7.19%
$14.5b -15.43%
$13.2b -9.03%
$11.9b -9.67%
$11.8b -0.93%
$11.7b -0.89%
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization — — — — — $10.0b
$9.8b -1.43%
$11.7b +19.10%
Cost of services $17.7b
$17.1b -3.05%
$16.6b -3.34%
$14.5b -12.50%
$13.2b -9.03%
$11.9b -9.67%
$11.8b -0.93%
—
Gross Profit $3.5b
$3.4b -4.57%
$2.2b -34.22%
$2.5b +14.44%
$2.9b +13.25%
$3.1b +9.78%
$3.3b +4.65%
$3.3b -0.61%
Net Interest Income — — — ($94.0m)
($122.0m) -29.79%
($100.0m) +18.03%
($89.0m) +11.00%
($104.0m) -16.85%
Research and Development Expense — — $76.0m $79.0m $58.0m $49.0m $57.0m —
Marketing and Advertising Expense — — $34.0m $136.0m $115.0m $83.0m $69.0m —
General And Administrative Expense — — $2.8b $2.9b — — — —
Amortization of Intangible Assets — — $29.0m $46.0m $30.0m $30.0m $27.0m —
Restructuring And Mergern Acquisition — — — $335.0m $92.0m ($11.0m) $101.0m $190.0m
Operating expenses:
Total costs and expenses $20.9b $21.1b $20.6b $17.9b $16.2b $14.6b $14.7b $14.4b
EBIT ($757.0m) ($46.0m) $535.0m $503.0m $357.0m
Operating Income ($579.0m)
($1.8b) -205.01%
($1.9b) -8.83%
($386.0m) +79.92%
$90.0m +123.32%
$552.0m +513.33%
$635.0m +15.04%
$593.0m -6.61%
Other Non Operating Income Expenses — — — ($35.0m) ($45.0m) ($27.0m) ($32.0m) —
Interest expense $76.0m $63.0m $64.0m $94.0m $122.0m $100.0m $89.0m $104.0m
Net Non Operating Interest Income Expense — — — ($94.0m) ($122.0m) ($100.0m) ($89.0m) ($104.0m)
Foreign Currency Transaction Gain (Loss), before Tax — — — — — — ($37.0m) —
Other expense (income) ($29.0m) $25.0m $35.0m $35.0m $45.0m $27.0m $32.0m —
Other Income Expense — — — ($370.0m) ($137.0m) ($16.0m) ($133.0m) ($237.0m)
Income (loss) before income taxes ($579.0m) ($1.8b) ($1.9b) ($851.0m) ($168.0m) $435.0m $414.0m —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — ($974.0m) ($1.5b) ($678.0m) ($158.0m) ($54.0m) $253.0m
Pre-Tax Income ($579.0m) ($1.8b) ($1.9b) ($851.0m) ($168.0m) $435.0m $414.0m $253.0m
Provision for income taxes $364.0m $246.0m $397.0m $524.0m $172.0m $184.0m $215.0m —
Net Income From Continuing And Discontinued Operation ($943.0m) ($2.0b) ($2.3b) ($1.4b) ($340.0m) $252.0m $198.0m $87.0m
Net Income Continuous Operations — — — ($1.4b) ($340.0m) $251.0m $199.0m $88.0m
Basic earnings (loss) per share (in dollars per share) ($4.21) ($8.97) ($10.35) ($6.06) ($1.48) $1.09 $0.87 $0.38
Diluted earnings (loss) per share (in dollars per share) ($4.21) ($8.97) ($10.35) ($6.06) ($1.48) $1.05 $0.85 $0.37
Earnings Per Share, Basic ($4.21) ($8.97) ($8.97) ($6.06) ($1.48) $1.09 $0.87 $0.38
Earnings Per Share, Diluted ($4.21) ($8.97) ($8.97) ($6.06) ($1.48) $1.05 $0.85 $0.37
Common Stock, Dividends, Per Share, Declared $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 —
Weighted-average basic shares outstanding (in shares) 224.1m 224.1m 224.1m 226.7m 229.2m 231.5m 228.3m —
Weighted-average diluted shares outstanding (in shares) 224.1m 224.1m 224.1m 226.7m 229.2m 239.1m 233.8m —
Basic Average Shares 224.1m 224.1m 224.1m $226.7m $229.2m $231.5m $228.3m $225.9m
Diluted Average Shares 224.1m 224.1m 224.1m $226.7m $229.2m $239.1m $233.8m $229.2m
Weighted Average Number of Shares Outstanding, Basic 224.1m 224.1m 224.1m 226.7m 229.2m 231.5m 228.3m 225.9m
Weighted Average Number of Shares Outstanding, Diluted 224.1m 224.1m 224.1m 226.7m 229.2m 239.1m 233.8m 229.2m
Additional Financial Items
Workforce rebalancing charges $159.0m $918.0m $39.0m $71.0m $138.0m $114.0m $60.0m —
Diluted EPS ($4.21) ($8.97) ($10.35) ($6.06) ($1.48) $1.05 $0.85 $0.37
Diluted NI Availto Com Stockholders ($943.0m) ($2.0b) ($2.3b) ($1.4b) ($340.0m) $252.0m $198.0m $87.0m
Impairment Of Capital Assets — — $469.0m $0 $0 — — —
Normalized EBITDA — — — $952.0m $1.2b $1.5b $1.7b $1.4b
Normalized Income — — — ($1.1b) ($267.3m) $243.3m $258.6m $223.8m
Other Gand A — — $2.8b $2.9b — — — —
Reconciled Depreciation — — — $1.4b $1.2b $1.0b $1.1b $1.1b
Selling General And Administration $3.0b $2.9b $2.8b $2.9b $2.8b $2.6b $2.7b —
Special Income Charges — — — ($335.0m) ($92.0m) $11.0m ($101.0m) ($228.0m)
Tax Effect Of Unusual Items — — — ($70.3m) ($19.3m) $2.3m ($40.4m) ($91.2m)
Tax Provision $364.0m $246.0m $397.0m $524.0m $172.0m $184.0m $215.0m $165.0m
Tax Rate For Calcs — — — $0 $0 $0 $0 $0
Goodwill, Impairment Loss ($4) ($9) $0 $0 $0 $0 $0 —
Transaction-related costs (benefits) — $21.0m $627.0m $264.0m ($46.0m) ($125.0m) $41.0m —
Operating Expense $3.0b $2.9b $2.8b $2.9b $2.8b $2.6b $2.7b $2.7b
Business Combination, Acquisition Related Costs — — $21.0m $264.0m ($46.0m) ($125.0m) $41.0m —
Total Unusual Items — — — ($335.0m) ($92.0m) $11.0m ($101.0m) ($228.0m)
Total Expenses — — — $17.4b $16.0b $14.5b $14.5b $14.4b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.