Kyndryl Holdings, Inc. (KD): restructuring charge — Kyndryl reports FY2026 results and $200M workforce rebalancing; FY2027 adj pretax guidance $600-700M

Kyndryl Holdings, Inc.

FY2026 revenue $15.1B flat YoY; net income $198M ($0.85 diluted); adjusted EPS $1.46.
Q4 revenue $3.8B down 1%; net income $17M ($0.08 diluted); adjusted pretax $162M vs $185M.
FY2027 outlook: adjusted pretax income $600-700M, FCF $400-500M, constant-currency revenue flat to -2%.
Approved workforce rebalancing charges of ~$200M, expected to yield $400-500M annualized savings by FY2028.
Repurchased 11.6M shares for $304M in FY2026; $302M remaining under program.

item 2.02 item 2.05 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Kyndryl Holdings, Inc. reported financial results for the quarter and year ended March 31, 2026.

Period: the quarter and year ended March 31, 2026
Result: reported results

Exact text from the filing

On May 6, 2026, Kyndryl Holdings, Inc. (the “Company”) issued a press release announcing the results of the Company’s operations for the quarter and year ended March 31, 2026.

View on SEC.gov

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

Kyndryl Holdings, Inc. announced a restructuring with charges of approximately $200 million.

Type: restructuring
Charge: approximately $200 million

Exact text from the filing

The Company estimates that it will incur workforce rebalancing charges of approximately $200 million, primarily consisting of future cash expenditures for severance and related benefits.

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20 earnings releases filed in the last 30 days. Browse all earnings releases →

Kyndryl Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-055902

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