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Kyndryl Holdings KD Amortization Of Intangible Assets And Capitalized Software

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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$3.05B-54.6%
Enterprise value$5.88B-36.8%
P/E35.1×+12.4×
P/S0.2×-0.2×

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 kd:AmortizationOfIntangibleAssetsAndCapitalizedSoftware.

The source filing: Kyndryl Holdings’s 10-K, filed May 29, 2026.

Filed
May 29, 2026, 8:10 AM EDT
Fiscal year
FY2026
Accession
0001104659-26-067881

There was no impairment of identifiable intangible assets recorded in the periods reported. The net carrying amount of intangible assets decreased by $53 million during the year ended March 31, 2026, primarily due to the reclassification of certain capitalized software intangibles to prepaid assets and other noncurrent assets resulting from the migration of on-premises software to a cloud-based solution. The aggregate intangible asset amortization expense was $57 million, $72 million, and $63 million for the years ended March 31, 2026, 2025 and 2024, respectively. Aggregate amortization expense in fiscal year 2026 included amortization of capitalized software of $30 million, which was reported in Depreciation of property, equipment and capitalized software on the Consolidated Statement of Cash Flows.

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Kyndryl Holdings's amortization of intangible assets and capitalized software?
Kyndryl Holdings (KD) reported amortization of intangible assets and capitalized software of $14.25M in Q1 2026.
How has Kyndryl Holdings's amortization of intangible assets and capitalized software changed year-over-year?
Kyndryl Holdings's amortization of intangible assets and capitalized software decreased by 20.8% year-over-year, from $18M to $14.25M.
What is the long-term trend for Kyndryl Holdings's amortization of intangible assets and capitalized software?
Over 3 years (2023 to 2026), Kyndryl Holdings's amortization of intangible assets and capitalized software has grown at a 7.4% compound annual growth rate (CAGR), from $46M to $57M.
What does amortization of intangible assets and capitalized software mean?
Amortization Of Intangible Assets And Capitalized Software as reported by Kyndryl Holdings, Inc..

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