---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-010483"
form_type: "8-K"
ticker: "KD"
cik: "0001867072"
company_name: "Kyndryl Holdings, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:30:34.332181+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kyndryl Q1 net income $11M vs prior-year loss; raises FY adjusted earnings outlook

## Summary
- Revenues $3.74B, down 11% YoY (8% constant currency); pretax income $64M vs loss $141M prior year.
- Adjusted pretax income $92M, up 96% YoY; adjusted EBITDA $556M.
- Kyndryl Consult revenue grew 10% YoY (14% constant currency); signings up 49% in constant currency.
- Raises FY2025 adjusted pretax income outlook to at least $460M (from $435M), adjusted EBITDA margin at least 16.3%.
- Reaffirms constant-currency revenue growth (2%) to (4%); expects Q4 FY2025 year-over-year revenue growth.

## SEC filing metadata
- accession: 0001558370-24-010483
- form_type: 8-K
- ticker: KD
- cik: 0001867072
- company_name: Kyndryl Holdings, Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1867072/000155837024010483/0001558370-24-010483-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867072/000155837024010483/kd-20240731x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-010483
- JSON: https://secwatch.observer/filing/0001558370-24-010483.json
- Plain text: https://secwatch.observer/filing/0001558370-24-010483.txt

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