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Kyndryl Holdings KD FX & Other Adjustments

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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 us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

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) / SegmentBalance at / March 31, 2026Foreign Currency / Translation / AdjustmentsBalance at / June 30, 2026
United States$11$11
Japan484(1)483
Principal Markets9292
Strategic Markets198198
Total$786$(1)$784

Item 1. Consolidated Financial Statements (Unaudited):

FAQ

What is Kyndryl Holdings's FX & other adjustments?
Kyndryl Holdings (KD) reported FX & other adjustments of -$1M in Q2 2026.
How has Kyndryl Holdings's FX & other adjustments changed year-over-year?
Kyndryl Holdings's FX & other adjustments decreased by 133.3% year-over-year, from $3M to -$1M.
What is the long-term trend for Kyndryl Holdings's FX & other adjustments?
Over 3 years (2022 to 2026), Kyndryl Holdings's FX & other adjustments has grown at a -48.3% compound annual growth rate (CAGR), from -$29M to -$4M.
What does FX & other adjustments mean?
The impact of fluctuations in foreign exchange rates on the valuation of goodwill denominated in currencies other than the reporting currency. This reflects external market volatility rather than operational performance.

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