Kyndryl FY26 net income falls to $198 million; revenue flat at $15.09 billion

Kyndryl Holdings Incorporation

Kyndryl Holdings Incorporation

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  • Kyndryl posted net income of $198 million as revenue held at $15.09 billion in fiscal 2026, flat versus fiscal 2025.
  • Adjusted EBITDA rose 6% to $2.67 billion, while signings fell 26% to $13.5 billion from a strong fiscal 2025.
  • Management cited lengthening sales cycles and evolving content from its former parent in customer engagements as a drag on revenue performance.
  • The company expects about $200 million of workforce rebalancing charges in fiscal 2027, targeting $400 million-$500 million of savings in fiscal 2028.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kyndryl Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-067881), on May 29, 2026, and is solely responsible for the information contained therein.