secwatch.observer — SEC 8-K summary
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Issuer:     Kyndryl Holdings, Inc. (KD)
CIK:        0001867072
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001104659-25-106310
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kyndryl Q2 FY2026 net income $68M, adjusted EPS $0.38; adds $400M buyback
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- Revenue $3.7B, down 1% YoY; constant-currency revenue down 3.7%.
- Pretax income $98M vs. loss of $5M a year ago; adjusted pretax income $123M.
- Adjusted EBITDA $641M, up 15% YoY; free cash flow $22M.
- Board authorized additional $400M share repurchase; $249M used under prior $300M program as of Sept 30.
- Reaffirms FY2026 outlook: adj. pretax income at least $725M, adj. EBITDA margin ~18%, FCF ~$550M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1867072/000110465925106310/0001104659-25-106310-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1867072/000110465925106310/kd-20251104x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-106310

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