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Segments

By geography

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US$883M

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:PropertyPlantAndEquipmentNet.

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
Line itemJune 30, 2026March 31, 2026
Deferred costs (current portion)1,1461,166
Prepaid expenses and other current assets564436
Total current assets$5,069$5,528
Property and equipment, net$2,477$2,517
Operating right-of-use assets, net859853
Deferred costs (noncurrent portion)1,8221,880
Deferred taxes248240
Goodwill784786

Item 1. Consolidated Financial Statements (Unaudited):

FAQ

What is Kyndryl Holdings's PP&E (net)?
Kyndryl Holdings (KD) reported PP&E (net) of $2.48B in Q2 2026.
How has Kyndryl Holdings's PP&E (net) changed year-over-year?
Kyndryl Holdings's PP&E (net) decreased by 6.0% year-over-year, from $2.63B to $2.48B.
What is the long-term trend for Kyndryl Holdings's PP&E (net)?
Over 4 years (2022 to 2026), Kyndryl Holdings's PP&E (net) has grown at a -2.9% compound annual growth rate (CAGR), from $2.83B to $2.52B.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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