$KD
Kyndryl Holdings, Inc.

2024 Q3 Form 10-Q Financial Statement

#000155837024011369 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $3.774B $3.739B
YoY Change -7.34% -10.83%
Cost Of Revenue $3.024B $2.934B
YoY Change -11.63% -14.93%
Gross Profit $750.0M $805.0M
YoY Change 15.21% 8.2%
Gross Profit Margin 19.87% 21.53%
Selling, General & Admin $647.0M $693.0M
YoY Change 2.05% -10.93%
% of Gross Profit 86.27% 86.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $150.0M $134.0M
YoY Change -31.82% -38.53%
% of Gross Profit 20.0% 16.65%
Operating Expenses $647.0M $693.0M
YoY Change 2.05% -11.38%
Operating Profit $103.0M $112.0M
YoY Change 505.88% -394.74%
Interest Expense $25.00M -$28.00M
YoY Change -19.35% -3.45%
% of Operating Profit 24.27% -25.0%
Other Income/Expense, Net
YoY Change
Pretax Income -$5.000M $64.00M
YoY Change -95.41% -158.72%
Income Tax $38.00M $53.00M
% Of Pretax Income 82.81%
Net Earnings -$43.00M $11.00M
YoY Change -69.72% -107.8%
Net Earnings / Revenue -1.14% 0.29%
Basic Earnings Per Share -$0.19 $0.05
Diluted Earnings Per Share -$0.19 $0.05
COMMON SHARES
Basic Shares Outstanding 231.2M 230.5M
Diluted Shares Outstanding 231.6M 235.8M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.325B $1.269B
YoY Change -5.89% -15.79%
Cash & Equivalents $1.325B $1.269B
Short-Term Investments
Other Short-Term Assets $1.571B $1.606B
YoY Change 5.65% -1.17%
Inventory
Prepaid Expenses
Receivables $1.441B $1.440B
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.387B $4.355B
YoY Change -4.49% -6.4%
LONG-TERM ASSETS
Property, Plant & Equipment $2.735B $2.690B
YoY Change 3.36% -26.94%
Goodwill $790.0M $786.0M
YoY Change -1.99% -2.6%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $67.00M $66.00M
YoY Change -57.59% -96.02%
Total Long-Term Assets $6.009B $5.808B
YoY Change 0.0% -8.29%
TOTAL ASSETS
Total Short-Term Assets $4.387B $4.355B
Total Long-Term Assets $6.009B $5.808B
Total Assets $10.40B $10.16B
YoY Change -1.94% -7.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.240B $1.337B
YoY Change -0.48% -17.77%
Accrued Expenses $404.0M $446.0M
YoY Change -20.63% -73.56%
Deferred Revenue
YoY Change
Short-Term Debt $135.0M $130.0M
YoY Change 11.57%
Long-Term Debt Due $135.0M $130.0M
YoY Change 11.57% -2.99%
Total Short-Term Liabilities $4.249B $4.231B
YoY Change -5.26% -7.84%
LONG-TERM LIABILITIES
Long-Term Debt $2.900B $2.900B
YoY Change -3.33% -7.91%
Other Long-Term Liabilities $435.0M $298.0M
YoY Change 2.84% -84.38%
Total Long-Term Liabilities $3.335B $3.198B
YoY Change -2.57% -36.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.249B $4.231B
Total Long-Term Liabilities $3.335B $3.198B
Total Liabilities $9.224B $9.062B
YoY Change -2.79% -7.03%
SHAREHOLDERS EQUITY
Retained Earnings -$2.351B -$2.308B
YoY Change 3.93% 8.87%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.065B $996.0M
YoY Change
Total Liabilities & Shareholders Equity $10.40B $10.16B
YoY Change -1.94% -7.49%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$43.00M $11.00M
YoY Change -69.72% -107.8%
Depreciation, Depletion And Amortization $150.0M $134.0M
YoY Change -31.82% -38.53%
Cash From Operating Activities $148.0M -$47.00M
YoY Change 221.74% -72.83%
INVESTING ACTIVITIES
Capital Expenditures $134.0M $122.0M
YoY Change -23.43% 22.0%
Acquisitions $46.00M
YoY Change
Other Investing Activities $59.00M -$44.00M
YoY Change -26.25% 238.46%
Cash From Investing Activities -$75.00M -$166.0M
YoY Change -21.05% 46.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -51.00M -51.00M
YoY Change 21.43% 34.21%
NET CHANGE
Cash From Operating Activities 148.0M -47.00M
Cash From Investing Activities -75.00M -166.0M
Cash From Financing Activities -51.00M -51.00M
Net Change In Cash 22.00M -264.0M
YoY Change -124.18% -18.52%
FREE CASH FLOW
Cash From Operating Activities $148.0M -$47.00M
Capital Expenditures $134.0M $122.0M
Free Cash Flow $14.00M -$169.0M
YoY Change -110.85% -38.1%

Facts In Submission

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Files In Submission

Name View Source Status
0001558370-24-011369-index-headers.html Edgar Link pending
0001558370-24-011369-index.html Edgar Link pending
0001558370-24-011369.txt Edgar Link pending
0001558370-24-011369-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
kd-20240630.xsd Edgar Link pending
kd-20240630x10q.htm Edgar Link pending
kd-20240630xex10d1.htm Edgar Link pending
kd-20240630xex10d2.htm Edgar Link pending
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MetaLinks.json Edgar Link pending
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kd-20240630_cal.xml Edgar Link unprocessable
kd-20240630_def.xml Edgar Link unprocessable
kd-20240630x10q_htm.xml Edgar Link completed
kd-20240630_lab.xml Edgar Link unprocessable
kd-20240630_pre.xml Edgar Link unprocessable
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report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable