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Kyndryl Holdings KD IT — Operating Lease Right Of Use Asset

Other geography segments

US
$134M
BE
$92M
FR
$81M

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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%
CapEx$116.0M-51.7%
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:OperatingLeaseRightOfUseAsset.

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 IT — operating lease right of use asset?
Kyndryl Holdings (KD) reported IT — operating lease right of use asset of $82M in Q1 2026.
How has Kyndryl Holdings's IT — operating lease right of use asset changed year-over-year?
Kyndryl Holdings's IT — operating lease right of use asset increased by 7.9% year-over-year, from $76M to $82M.
What does IT — operating lease right of use asset mean?
This metric represents the capitalized value of the right to use underlying leased assets, such as office space or data center facilities, specifically allocated to the IT services segment. It reflects the company's long-term commitment to leased infrastructure necessary for delivering managed services and modernizing client IT environments. Monitoring this asset balance provides insight into the scale of the segment's physical footprint and its reliance on leased versus owned infrastructure.