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Kyndryl Holdings KD United States — Restructuring Charges

Other segment segments

Strategic Markets
$78M+1,460%
Principal Markets
$44M+300%
Japan
$9M+125%

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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:RestructuringCharges.

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
(Dollars in millions)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Costs Incurred to Date / Fiscal 2027 ActionsCosts Incurred to Date / Fiscal 2026 Program
United States$21$6$21$20
Japan9495
Principal Markets44114415
Strategic Markets7857820
Total charges$152$25$152$60

Item 1. Consolidated Financial Statements (Unaudited):

FAQ

What is Kyndryl Holdings's united states — restructuring charges?
Kyndryl Holdings (KD) reported united states — restructuring charges of $21M in Q2 2026.
How has Kyndryl Holdings's united states — restructuring charges changed year-over-year?
Kyndryl Holdings's united states — restructuring charges increased by 250.0% year-over-year, from $6M to $21M.
What is the long-term trend for Kyndryl Holdings's united states — restructuring charges?
Over 3 years (2023 to 2026), Kyndryl Holdings's united states — restructuring charges has grown at a 65.1% compound annual growth rate (CAGR), from $14M to $63M.
What does united states — restructuring charges mean?
This captures the costs associated with organizational changes, such as workforce reductions, office consolidations, or service delivery model shifts within the United States segment. These charges are typically incurred to improve long-term operational efficiency and align the cost structure with strategic goals.

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