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Q4 25 EPS
$0.52
BEAT +2.73%
Est. $0.51
Q4 25 Revenue
$3.80B
BEAT +0.69%
Est. $3.77B
vs S&P Since Q4 25
-96.9%
TRAILING MARKET
KD -67.1% vs S&P +29.8%
Full Year 2025 Results
FY 25 EPS
$1.19
BEAT +4.28%
Est. $1.14
FY 25 Revenue
$15.06B
BEAT +0.16%
Est. $15.03B
Market Reaction
Did KD Beat Earnings? Q4 2025 Results
Kyndryl delivered a clean beat to close out fiscal 2025, posting Q4 earnings per share of $0.52 against a $0.51 consensus estimate, a 1.96% positive surprise, while revenue of $3.80 billion edged past the $3.78 billion forecast despite slipping 1.3% … Read more Kyndryl delivered a clean beat to close out fiscal 2025, posting Q4 earnings per share of $0.52 against a $0.51 consensus estimate, a 1.96% positive surprise, while revenue of $3.80 billion edged past the $3.78 billion forecast despite slipping 1.3% year-over-year on a reported basis. The headline story, however, was a dramatic profitability inflection: adjusted pretax income surged 510% to $185.00 million and adjusted EBITDA climbed 23% to $698.00 million, reflecting the sustained payoff from the company's "Three-As" strategy across alliances, advanced delivery, and accounts. A record $5.50 billion in Q4 signings, up 53% year-over-year, and full-year signings of $18.20 billion underscore the commercial momentum building beneath the reported revenue line. Some analysts have flagged that a portion of statutory profits included non-recurring items, a nuance worth watching. Looking ahead, Kyndryl guided fiscal 2026 for at least $725.00 million in adjusted pretax income, roughly 18% adjusted EBITDA margin, and 1% constant-currency revenue growth, with management signaling confidence the trajectory supports its fiscal 2028 targets.
Key Takeaways
- • Return to constant-currency revenue growth of 1.3% in Q4
- • Record signings of $18.2 billion in FY2025, up 46% year-over-year
- • Three-A initiatives (Alliances, Advanced Delivery, Accounts) all exceeding targets
- • Kyndryl Consult revenue grew 45% year-over-year in Q4
- • Cloud hyperscaler alliance revenue exceeded $1 billion target, more than doubling prior-year levels
- • Advanced Delivery generated annualized savings of approximately $775 million, ahead of $750 million goal
- • Accounts initiative delivered $900 million in annualized benefits, surpassing $850 million target
KD YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
KD Revenue by Segment
With YoY comparisons, source: SEC Filings
KD Revenue by Geography
With YoY comparisons, source: SEC Filings
“Fiscal 2025 was another year of strong execution on our strategy. In addition to returning to constant-currency revenue growth in the fourth quarter, we strengthened our leadership in innovative mission-critical technology services. We expanded our capabilities in cloud, modernization, applications, AI and security, and we further differentiated our services with Kyndryl Bridge.”
— Martin Schroeter, Q4 2025 Earnings Press Release
KD Earnings Trends
KD vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
KD EPS Trend
Earnings per share: estimate vs actual
KD Revenue Trend
Quarterly revenue: estimate vs actual
KD Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 MISS FY | $0.47 | $0.18 | -61.62% | $3.77B | +0.19% |
| FY Full Year | $1.74 | $1.46 | -16.20% | $15.09B | +0.05% |
| Q3 26 MISS | $0.60 | $0.52 | -13.75% | $3.86B | -0.67% |
| Q2 26 BEAT | $0.36 | $0.38 | +6.15% | $3.72B | -3.10% |
| Q1 26 BEAT | $0.36 | $0.37 | +1.79% | $3.74B | -1.47% |
| Q4 25 BEAT FY | $0.51 | $0.52 | +2.73% | $3.80B | +0.69% |
| FY Full Year | $1.14 | $1.19 | +4.28% | $15.06B | +0.16% |