---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-142595"
form_type: "8-K"
ticker: "KD"
cik: "0001867072"
company_name: "Kyndryl Holdings, Inc."
filed_at: "2021-11-22T23:59:59+00:00"
generated_at: "2026-06-28T06:18:28.408327+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kyndryl Q3 revenue falls 6% to $4.58B, net loss widens to $692M; Microsoft partnership

## Summary
- GAAP net loss of $692M vs loss of $238M a year ago; adjusted EBITDA margin improved to 15.8% from 14.8%.
- Pro forma revenue $4.53B, down 6% constant currency; signings $2.9B vs $4.3B a year ago.
- Full-year 2021 guidance reaffirmed: revenue $18.5-18.7B, adj. EBITDA $2.8-2.9B.
- Announced landmark global partnership with Microsoft as premier alliance partner.
- Spin-off completed Nov 3; KD began trading Nov 4 on NYSE; included in S&P MidCap 400.

## SEC filing metadata
- accession: 0001104659-21-142595
- form_type: 8-K
- ticker: KD
- cik: 0001867072
- company_name: Kyndryl Holdings, Inc.
- filed_at: 2021-11-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1867072/000110465921142595/0001104659-21-142595-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867072/000110465921142595/tm2133543d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-142595
- JSON: https://secwatch.observer/filing/0001104659-21-142595.json
- Plain text: https://secwatch.observer/filing/0001104659-21-142595.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.