---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-090725"
form_type: "8-K"
ticker: "KD"
cik: "0001867072"
company_name: "Kyndryl Holdings, Inc."
filed_at: "2026-08-05T11:23:01+00:00"
generated_at: "2026-08-05T11:25:05.870106+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kyndryl Q1 FY2027: net loss $55M vs prior-year net income $56M; reaffirms FY outlook

## Summary
- Revenue $3.6B, down 3% YoY; pretax loss $69M vs pretax income $92M a year ago.
- Adjusted net loss $26M ($0.12/diluted share) vs adjusted net income $90M ($0.37) in prior year.
- Workforce rebalancing charges of $152M; expects ~$200M in FY2027 with $400-500M annualized savings in FY2028.
- Signings TTM $14.2B; Kyndryl Consult revenue +10% YoY; hyperscaler-related revenue +34% YoY to $530M+.
- Reaffirms FY2027 outlook: adjusted pretax income $600-700M, free cash flow $400-500M, revenue flat to -2% constant currency.

## SEC filing metadata
- accession: 0001104659-26-090725
- form_type: 8-K
- ticker: KD
- cik: 0001867072
- company_name: Kyndryl Holdings, Inc.
- filed_at: 2026-08-05T11:23:01+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/1867072/000110465926090725/0001104659-26-090725-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867072/000110465926090725/kd-20260805x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-090725
- JSON: https://secwatch.observer/filing/0001104659-26-090725.json
- Plain text: https://secwatch.observer/filing/0001104659-26-090725.txt

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