{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-013603","form_type":"8-K","ticker":"KD","cik":"0001867072","company_name":"Kyndryl Holdings, Inc.","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.920016+00:00","generated_at":"2026-06-12T04:59:01.172635+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Kyndryl Q1 FY2024: rev $4.2B, adj. EBITDA $612M (+25% YoY), raises FY EBITDA margin outlook to ~14%","bullets":["Revenues $4.2B, down 2% YoY; net loss $141M ($0.62 loss per diluted share).","Adjusted EBITDA $612M (+25% YoY); adjusted pretax income $47M (vs -$50M prior-year period).","Raises FY2024 adjusted EBITDA margin outlook to ~14% (from 12-13%) and adj. pretax income to at least $100M.","Cloud hyperscaler alliance revenue >$80M in Q1; target >$300M for FY2024.","Advanced Delivery savings ~$375M annualized; Accounts initiative benefits >$300M annualized; both on track for $400M+ goals."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-013603","json":"https://secwatch.observer/filing/0001558370-23-013603.json","markdown":"https://secwatch.observer/filing/0001558370-23-013603.md","text":"https://secwatch.observer/filing/0001558370-23-013603.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1867072/000155837023013603/0001558370-23-013603-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1867072/000155837023013603/kd-20230807x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T04:59:01.172635+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bbcafdf6bca6749fc1ce711b5fe7c636d06b6ec6","claim":"Kyndryl Holdings, Inc. reported the first fiscal quarter ended June 30, 2023 results: revenue $4.2 billion, net income net loss of $141 million, EPS ($0.62) per diluted share.","evidence_excerpt":"For the first quarter, Kyndryl reported revenues of $4.2 billion, a year-over-year decline of 2% and 1% in constant currency. The Company reported a pretax loss of $109 million and a net loss of $141 million, or ($0.62) per diluted share, in the quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1867072/000155837023013603/0001558370-23-013603-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first fiscal quarter ended June 30, 2023"},{"label":"Revenue","value":"$4.2 billion"},{"label":"Net income","value":"net loss of $141 million"},{"label":"EPS","value":"($0.62) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ea399dc037c511c6effc471a141e5248d5bad06a","claim":"Kyndryl Holdings, Inc. updated its fiscal year 2024 guidance (raised).","evidence_excerpt":"Kyndryl is raising its fiscal 2024 adjusted EBITDA margin outlook to approximately 14% from its prior projection of 12% – 13%, and now expects its fiscal 2024 adjusted pretax income to be at least $100 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1867072/000155837023013603/0001558370-23-013603-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2024"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}