Kyndryl Holdings, Inc.
kyndryl.comWhat Do They Do?
Provides advisory, implementation and managed services to businesses and public-sector organizations, modernizing and managing their cloud, infrastructure and cybersecurity systems.
10-K for FY2026, filed May 29, 2026Our purpose is to design, build and manage secure and responsive private, public and multi-cloud environments to serve our customers’ needs…View ↗
Our ServicesView ↗
Core Enterprise: We modernize, operate and integrate mainframe and other core enterprise systems across hybrid environments, supporting…View ↗
Security & Resiliency: We deliver a full line of cybersecurity, business continuity and disaster recovery services, with a focus on cyber…View ↗
We are the trusted advisor and partner to thousands of customers worldwide, in technology-intensive and often highly regulated…View ↗
How Do They Make Money?
Customers pay Kyndryl for advisory, implementation and managed services under time-and-material or fixed-price contracts. It generally invoices monthly or quarterly as services are delivered, or when contract milestones are met; invoices are due within 30 days.
10-K for FY2026, filed May 29, 2026
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10-K for FY2026, filed May 29, 2026
FY2026 revenue by reportable segment ↗
$15.1B
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10-K for FY2026, filed May 29, 2026
$15.1B ↗
| Segment | Share | Revenue |
|---|---|---|
|
United States.
|
25%
FY2023: 28%
|
United States., FY2026
$3.8B Sources
|
|
Japan.
|
15%
FY2023: 15%
|
Japan., FY2026
$2.3B Sources
|
|
Principal Markets
|
36%
FY2023: 33%
|
Principal Markets, FY2026
$5.4B Sources
|
|
Strategic Markets
|
24%
FY2023: 25%
|
Strategic Markets, FY2026
$3.6B Sources
|
Who Are Their Customers?
Serves businesses and public-sector organizations in technology-intensive, regulated industries. Dedicated account teams support direct sales, while technology providers, system integrators and consultants also help take services to customers.
10-K for FY2026, filed May 29, 2026We are the trusted advisor and partner to thousands of customers worldwide, in technology-intensive and often highly regulated…View ↗
Customer-centric account approach. We have dedicated account coverage teams within our global operating structure. The teams leverage our…View ↗
Customer growth and new customer acquisition. In line with our customer-centric approach, we are focused on co-creating and innovating with…View ↗
Partnership and alliance ecosystem. We are continuing to enhance and develop strategic partnerships with companies in the ecosystems most…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 1 cent of every revenue dollar as net income in FY2026 and turned 2 cents into free cash flow.
How Are They Changing?
- Net income
-
Sources
10-Q for Q1 FY2027, filed Aug 5, 2026
−$55MView ↗
- ▼ Now a loss
- vs $56M in Q1 FY2026
10-Q for Q1 FY2027, filed Aug 5, 2026
Open tableView ↗
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Jul 6, 2026
Appoints Ellen Johnson as chief financial officer
Johnson is to succeed interim CFO Harsh Chugh after the first-quarter filing; Chugh will remain to assist with the transition.
Sources
8-K, filed Jul 6, 2026
On July 1, 2026, the Board of Directors (the “Board”) of Kyndryl Holdings, Inc. (the “Company”) appointed Ellen Johnson as Chief Financial…View ↗
Agentic AI services
The earlier report describes AI and data services generally; the latest adds an agentic AI framework and AI-enabled workflows in enterprise systems.
10-K for FY2023, filed May 26, 2023 10-K for FY2026, filed May 29, 2026
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