{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-007064","form_type":"8-K","ticker":"KD","cik":"0001867072","company_name":"Kyndryl Holdings, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.990894+00:00","generated_at":"2026-06-02T20:41:55.633958+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 Q4 net loss $45M, adj. pretax income $30M; FY2025 adj. pretax income target at least $435M","bullets":["Q4 revenue $3.8B (-10% YoY); FY revenue $16.1B (-6% YoY) due to reducing low-margin content.","Q4 adj. EBITDA $566M (+19% YoY); FY adj. EBITDA $2.4B (+20% YoY).","FY2025 outlook: constant-currency revenue decline 2-4%, adj. EBITDA margin ≥16.2%, adj. pretax income ≥$435M.","Alliances revenue from hyperscalers >$500M in FY2024 (triple prior year); Kyndryl Consult revenue +15% YoY.","Annualized savings: Advanced Delivery ~$575M, Accounts initiative $600M; margins on signings ~10pp above FY2023 adj. pretax margin."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-007064","json":"https://secwatch.observer/filing/0001558370-24-007064.json","markdown":"https://secwatch.observer/filing/0001558370-24-007064.md","text":"https://secwatch.observer/filing/0001558370-24-007064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1867072/000155837024007064/0001558370-24-007064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1867072/000155837024007064/kd-20240507x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T20:41:55.633958+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":"2c8178ace9ead37cce8aacee0ed0f3c8c804c2cc","claim":"Kyndryl Holdings, Inc. reported for the fiscal year ended March 31, 2024 results: revenue $16.1 billion, net income $340 million, or ($1.48) per diluted share, EPS ($1.48) per diluted share.","evidence_excerpt":"For the fiscal year ended March 31, 2024, Kyndryl reported revenues of $16.1 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1867072/000155837024007064/0001558370-24-007064-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the fiscal year ended March 31, 2024"},{"label":"Revenue","value":"$16.1 billion"},{"label":"Net income","value":"$340 million, or ($1.48) per diluted share"},{"label":"EPS","value":"($1.48) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7e3d048f398e21f25d91683750a0fd0cae4613e9","claim":"Kyndryl Holdings, Inc. updated its fiscal year 2025 guidance (reaffirmed).","evidence_excerpt":"Kyndryl is providing the following outlook for its fiscal year 2025","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1867072/000155837024007064/0001558370-24-007064-index.htm","confidence":0.8,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2025"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"f7080ff3612bda7f3b03ae3982e80e345c631c89","claim":"Kyndryl Holdings, Inc. reported for the quarter ended March 31, 2024, the fourth quarter of its 2024 fiscal year results: revenue $3.8 billion, net income $45 million, or ($0.20) per diluted share, EPS ($0.20) per diluted share.","evidence_excerpt":"a filing. ​ --- EX-99.1 (EX-99.1) --- ​ ​ ​ Exhibit 99.1 ​ ​ KYNDRYL REPORTS FOURTH QUARTER AND FULL-YEAR 2024 RESULTS ● Revenues for the quarter ended March 31, 2024 total $3.8 billion, pretax loss is $4 million, net loss is $45 million, adjusted EBITDA is $566 million, and adjusted pretax income is $30 million ● Fiscal year 2024 revenues total $16.1 billion,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1867072/000155837024007064/0001558370-24-007064-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the quarter ended March 31, 2024, the fourth quarter of its 2024 fiscal year"},{"label":"Revenue","value":"$3.8 billion"},{"label":"Net income","value":"$45 million, or ($0.20) per diluted share"},{"label":"EPS","value":"($0.20) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}