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Kyndryl Holdings KD Impairment Charges

Impairment Charges at other companies

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Other financials

Income statement

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Revenue$3.6B-3.3%
Gross profit$776.0M-2.5%
Net income-$55.0M-198%
EPS (diluted)-$0.25-209%

Balance sheet

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Cash & equivalents$2.1B+43.9%
Total debt$4.9B+22.2%
Total equity$1.1B-13.3%
Total assets$12.0B+4.6%

Cash flow

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Operating cash flow-$310.0M-150%
CapEx$149.0M+4.2%
Free cash flow-$459.0M-71.9%

Valuation

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Market cap$2.97B-55.9%
Enterprise value$5.79B-37.7%
P/E34.1×+11.5×
P/S0.2×-0.3×

Profitability

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Gross margin21.8%+1.0pp
Net margin0.6%-1.4pp
FCF margin-3%-3.2pp

Returns & leverage

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Return on equity7.6%-19.1pp
Debt / equity4.6×+1.3×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by Kyndryl Holdings in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.

The source filing: Kyndryl Holdings’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:20 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001104659-26-091129
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025
Selling, general and administrative expenses668646
Workforce rebalancing charges15225
Transaction-related costs (benefits)(38)
Impairment expense38
Interest expense3419
Other expense (income)(10)13
Total costs and expenses$3,687$3,651
Income (loss) before income taxes$(69)$92

Item 1. Consolidated Financial Statements (Unaudited):

FAQ

What is Kyndryl Holdings's impairment charges?
Kyndryl Holdings (KD) reported impairment charges of $38M in Q2 2026.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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