---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-016003"
form_type: "8-K"
ticker: "KD"
cik: "0001867072"
company_name: "Kyndryl Holdings, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T15:33:07.689834+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kyndryl Q2 FY2023 revenue $4.2B, net loss $281M; updates FY outlook

## Summary
- Revenue $4.2B, down 9% YoY, up 1% constant currency; net loss $281M vs $690M loss prior year.
- Adjusted pretax loss $102M vs pro forma adjusted pretax income $63M; currency hit $69M.
- Hyperscaler signings aggregate value >$425M in H1; targeting $1B for FY2023.
- FY2023 revenue outlook $16.3-16.5B (~11-10% YoY decline); adjusted EBITDA margin 11-12%.
- Launched Kyndryl Bridge, Vital, Consult; withdrawn signings guidance, focusing on contract margins.

## SEC filing metadata
- accession: 0001558370-22-016003
- form_type: 8-K
- ticker: KD
- cik: 0001867072
- company_name: Kyndryl Holdings, Inc.
- filed_at: 2022-11-02T23:59:59+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/1867072/000155837022016003/0001558370-22-016003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867072/000155837022016003/kd-20221102x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-016003
- JSON: https://secwatch.observer/filing/0001558370-22-016003.json
- Plain text: https://secwatch.observer/filing/0001558370-22-016003.txt

## Key facts
- Earnings Releases
  Kyndryl Holdings, Inc. reported the second fiscal quarter ended September 30, 2022 results: revenue $4.2 billion, net income $281 million, EPS $1.24 per diluted share.
  - Period: the second fiscal quarter ended September 30, 2022
  - Revenue: $4.2 billion
  - Net income: $281 million
  - EPS: $1.24 per diluted share
  - Result: reported results
  source text: For the second quarter, Kyndryl reported revenues of $4.2 billion, a year-over-year decline of 9%, or growth of 1% in constant currency. Compared to prior-year pro forma revenues, revenues declined 8%, but increased 2% in constant currency. The Company reported a pretax loss of $219 million and a net loss of $281 million, or $1.24 per diluted share, in the quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1867072/000155837022016003/0001558370-22-016003-index.htm

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