earnings
confidence high
sentiment positive
materiality 0.75
Kyndryl Q1 FY2026 net income $56M ($0.23 EPS), adjusted EBITDA $647M (+16% YoY); reaffirms FY2026 outlook
Kyndryl Holdings, Inc.
2026-Q1 EPS reported
$0.23
revenue$3,743,000,000
- Revenue $3.74B, -2.6% constant currency; net income $56M vs $11M prior year; pretax income $92M (+44%).
- Adjusted pretax income $128M (+39%), adjusted net income $90M ($0.37 diluted EPS) vs $0.13 prior year.
- Kyndryl Consult revenue +30% YoY; hyperscaler-related revenue $400M (+86%); signings TTM $18.3B (+43%).
- Repurchased 1.8M shares for $65M under $300M program announced Nov 2024.
- Reaffirms FY2026 guidance: adjusted pretax income ≥$725M, FCF ~$550M, constant-currency revenue growth ~1%.
item 2.02item 9.01