What is Kyndryl Holdings's capex?

Kyndryl Holdings (KD) reported capex of $116M in Q1 2026.

How has Kyndryl Holdings's capex changed year-over-year?

Kyndryl Holdings's capex decreased by 51.7% year-over-year, from $240M to $116M.

What is the long-term trend for Kyndryl Holdings's capex?

Over 4 years (2022 to 2026), Kyndryl Holdings's capex has grown at a -6.0% compound annual growth rate (CAGR), from $780M to $608M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Kyndryl Holdings KD CapEx

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Other financials

Income statement

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Revenue$3.8B-0.8%

Gross profit$849.0M+2.9%

Net income$17.0M-75.4%

EPS (diluted)$0.08-71.4%

Balance sheet

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Cash & equivalents$2.6B+46.9%

Total debt$5.2B+22.4%

Total equity$1.2B-3.6%

Total assets$12.6B+20.1%

Cash flow

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Operating cash flow$498.0M-14.3%

Free cash flow$382.0M+12.0%

Valuation

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Market cap$2.45B-59.5%

Enterprise value$4.98B-43.6%

P/E12.4×-11.7×

P/S0.2×-0.2×

Profitability

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Gross margin21.8%+0.9pp

Net margin1.3%-0.4pp

FCF margin-3%—

Returns & leverage

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Return on equity16.5%-6.0pp

Debt / equity4.4×+0.9×

Current ratio0.9×-0.2×

Where this comes from

Reported directly by Kyndryl Holdings in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Kyndryl Holdings’s 10-K, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kyndryl Holdings's capex?: Kyndryl Holdings (KD) reported capex of $116M in Q1 2026.
How has Kyndryl Holdings's capex changed year-over-year?: Kyndryl Holdings's capex decreased by 51.7% year-over-year, from $240M to $116M.
What is the long-term trend for Kyndryl Holdings's capex?: Over 4 years (2022 to 2026), Kyndryl Holdings's capex has grown at a -6.0% compound annual growth rate (CAGR), from $780M to $608M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.