← Kyndryl Holdings, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2023 FY 2024 FY 2025 FY 2026
Operating Revenue $20.3b $19.4b $18.7b $17.0b $16.1b $15.1b $15.1b
Total Revenue $20.3b $19.4b $19.4b $17.0b $16.1b $15.1b $15.1b
Revenues $20.3b $19.4b $18.7b $17.0b $16.1b $15.1b $15.1b
Cost Of Revenue $16.8b $16.0b $17.1b $14.5b $13.2b $11.9b $11.8b
Reconciled Cost Of Revenue $16.8b $16.0b $17.1b $14.5b $13.2b $11.9b $11.8b
Cost of Revenue $16.8b $16.0b $17.1b $14.5b $13.2b $11.9b $11.8b
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization — — — — — $10.0b $9.8b
Gross Profit (derived) $3.5b $3.4b $2.2b $2.5b $2.9b $3.1b $3.3b
Gross Profit (Calculated) $3.5b $3.4b $2.2b $2.5b $2.9b $3.1b $3.3b
Operating expenses:
EBIT ($757.0m) ($46.0m) $535.0m $503.0m
Operating Income — — — ($386.0m) $90.0m $552.0m $635.0m
Additional Financial Items
Workforce rebalancing charges $159.0m $918.0m $39.0m $71.0m $138.0m $114.0m $60.0m
Income (loss) before income taxes ($579.0m) ($1.8b) ($1.9b) ($851.0m) ($168.0m) $435.0m $414.0m
Provision for income taxes $364.0m $246.0m $397.0m $524.0m $172.0m $184.0m $215.0m
Diluted EPS ($4.21) ($8.97) ($10.35) ($6.06) ($1.48) $1.05 $0.85
Diluted NI Availto Com Stockholders ($943.0m) ($2.0b) ($2.3b) ($1.4b) ($340.0m) $252.0m $198.0m
Impairment Of Capital Assets — — $469.0m $0 $0 — —
Net Income From Continuing And Discontinued Operation ($943.0m) ($2.0b) ($2.3b) ($1.4b) ($340.0m) $252.0m $198.0m
Net Income From Continuing Operation Net Minority Interest ($943.0m) ($2.0b) ($2.3b) ($1.4b) ($340.0m) $252.0m $198.0m
Net Interest Income — — — ($94.0m) ($122.0m) ($100.0m) ($89.0m)
Normalized EBITDA — — — $952.0m $1.2b $1.5b $1.7b
Normalized Income — — — ($1.1b) ($267.3m) $243.3m $258.6m
Other Gand A — — $2.8b $2.9b — — —
Reconciled Depreciation — — — $1.4b $1.2b $1.0b $1.1b
Restructuring And Mergern Acquisition — — — $335.0m $92.0m ($11.0m) $101.0m
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)
Tax Effect Of Unusual Items — — — ($70.3m) ($19.3m) $2.3m ($40.4m)
Tax Provision $364.0m $246.0m $397.0m $524.0m $172.0m $184.0m $215.0m
Tax Rate For Calcs — — — $0 $0 $0 $0
Amortization of Intangible Assets — — $29.0m $46.0m $30.0m $30.0m $27.0m
Foreign Currency Transaction Gain (Loss), before Tax — — — — — — ($37.0m)
Goodwill, Impairment Loss ($4) ($9) $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — ($974.0m) ($1.5b) ($678.0m) ($158.0m) ($54.0m)
Total Unusual Items — — — ($335.0m) ($92.0m) $11.0m ($101.0m)
Total Unusual Items Excluding Goodwill — — — ($335.0m) ($92.0m) $11.0m ($101.0m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — ($1.8b) ($851.0m) ($168.0m) $435.0m $414.0m
Pre-Tax Income ($579.0m) ($1.8b) ($1.9b) ($851.0m) ($168.0m) $435.0m $414.0m
Net income (loss) ($943.0m) ($2.0b) ($2.3b) ($1.4b) ($340.0m) $252.0m $198.0m
Net Income Common Stockholders ($943.0m) ($2.0b) ($2.3b) ($1.4b) ($340.0m) $252.0m $198.0m
Net Income ($943.0m) ($2.0b) ($2.3b) ($1.4b) ($340.0m) $252.0m $198.0m
Net Income Continuous Operations — — — ($1.4b) ($340.0m) $251.0m $199.0m
Net Income Including Noncontrolling Interests — — — ($1.4b) ($340.0m) $251.0m $199.0m
Basic earnings (loss) per share (in dollars per share) ($4.21) ($8.97) ($10.35) ($6.06) ($1.48) $1.09 $0.87
Diluted earnings (loss) per share (in dollars per share) ($4.21) ($8.97) ($10.35) ($6.06) ($1.48) $1.05 $0.85
Earnings Per Share, Basic ($4.21) ($8.97) ($8.97) ($6.06) ($1.48) $1.09 $0.87
Earnings Per Share, Diluted ($4.21) ($8.97) ($8.97) ($6.06) ($1.48) $1.05 $0.85
Common Stock, Dividends, Per Share, Declared ($4.21) ($8.97) $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
Diluted Average Shares 224.1m 224.1m 224.1m $226.7m $229.2m $239.1m $233.8m
Weighted Average Number of Shares Outstanding, Basic 224.1m 224.1m 224.1m 226.7m 229.2m 231.5m 228.3m
Weighted Average Number of Shares Outstanding, Diluted 224.1m 224.1m 224.1m 226.7m 229.2m 239.1m 233.8m
Cost of services $17.7b $17.1b $16.6b $14.5b $13.2b $11.9b $11.8b
Selling, general and administrative expenses $3.0b $2.9b $2.8b $2.9b $2.8b $2.6b $2.7b
Transaction-related costs (benefits) — $21.0m $627.0m $264.0m ($46.0m) ($125.0m) $41.0m
Interest expense $76.0m $63.0m $64.0m $94.0m $122.0m $100.0m $89.0m
Other expense (income) ($29.0m) $25.0m $35.0m $35.0m $45.0m $27.0m $32.0m
General And Administrative Expense — — $2.8b $2.9b — — —
Interest Expense Non Operating $76.0m $63.0m $64.0m $94.0m $122.0m $100.0m $89.0m
Net Non Operating Interest Income Expense — — — ($94.0m) ($122.0m) ($100.0m) ($89.0m)
Operating Expense $3.0b $2.9b $2.8b $2.9b $2.8b $2.6b $2.7b
Other Income Expense — — — ($370.0m) ($137.0m) ($16.0m) ($133.0m)
Other Non Operating Income Expenses — — — ($35.0m) ($45.0m) ($27.0m) ($32.0m)
Research and Development Expense — — $76.0m $79.0m $58.0m $49.0m $57.0m
Selling, General and Administrative Expense — — $2.9b $2.9b $2.8b $2.6b $2.7b
Business Combination, Acquisition Related Costs — — $21.0m $264.0m ($46.0m) ($125.0m) $41.0m
Interest Expense $76.0m $63.0m $63.0m $94.0m $122.0m $100.0m $89.0m
Interest Expense, Debt — — $63.0m — — — —
Marketing and Advertising Expense — — $34.0m $136.0m $115.0m $83.0m $69.0m
Total costs and expenses $20.9b $21.1b $20.6b $17.9b $16.2b $14.6b $14.7b
Total Expenses — — — $17.4b $16.0b $14.5b $14.5b
Income Tax Expense (Benefit) — — $246.0m $524.0m $172.0m $184.0m $215.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. 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.