Kyndryl (KD) Q4 2026

Q1 2027 Q4 2026 Q3 2026 Q2 2026 Q1 2026 Q4 2025

Earnings

Kyndryl Holdings delivered a mixed fourth quarter for fiscal 2026, narrowly beating revenue expectations while falling well short on earnings. The IT infrastructure services company posted revenue of $3.77 billion, edging past the $3.76 billion conse… Read more Kyndryl Holdings delivered a mixed fourth quarter for fiscal 2026, narrowly beating revenue expectations while falling well short on earnings. The IT infrastructure services company posted revenue of $3.77 billion, edging past the $3.76 billion consensus by 0.19% and rising 0.7% year over year, but adjusted EPS of $0.18 missed the $0.47 analyst estimate by 61.62%, a gap driven largely by a non-recurring, non-cash tax accrual that pushed income tax expense to $115 million from $50 million a year ago. Pretax income actually improved 12% to $132 million, suggesting the underlying business held its footing even as the bottom line took a hit. Bright spots included hyperscaler-related revenue reaching $1.90 billion for the full fiscal year, a 59% increase, and free cash flow climbing to $388 million from $353 million. A price target reduction from at least one analyst following the report reflects lingering skepticism. Looking ahead, management guided fiscal 2027 adjusted pretax income of $600 million to $700 million and free cash flow of $400 million to $500 million, with constant-currency revenue expected flat to down 2%.