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Kyndryl Holdings KD BE — Operating Lease Right Of Use Asset

Other geography segments

US
$134M
FR
$81M
IT
$76M

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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-55.6%
Enterprise value$5.87B-37.7%
P/E35×+11.9×
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 us-gaap:OperatingLeaseRightOfUseAsset.

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
(Dollars in millions)At March 31, 2026At March 31, 2025
Total property and equipment, net$2,517$2,570
Operating right-of-use assets, net
United States*$179$134
Belgium8792
France8481
Italy8276
Other countries420349
Total operating right-of-use assets, net$853$731

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Kyndryl Holdings's BE — operating lease right of use asset?
Kyndryl Holdings (KD) reported BE — operating lease right of use asset of $87M in Q1 2026.
How has Kyndryl Holdings's BE — operating lease right of use asset changed year-over-year?
Kyndryl Holdings's BE — operating lease right of use asset decreased by 5.4% year-over-year, from $92M to $87M.
What does BE — operating lease right of use asset mean?
This metric represents the capitalized value of the right to use underlying assets, such as office space or equipment, under operating lease agreements specifically attributed to the BE geographic segment. It reflects the long-term financial commitment and operational footprint required to support service delivery and infrastructure management within this specific region. Investors use this figure to assess the scale of leased infrastructure and the associated fixed-cost obligations inherent in the segment's business model.

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