secwatch.observer — SEC 8-K summary
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Issuer:     Kyndryl Holdings, Inc. (KD)
CIK:        0001867072
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0001558370-25-010111
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kyndryl Q1 FY2026 net income $56M ($0.23 EPS), adjusted EBITDA $647M (+16% YoY); reaffirms FY2026 outlook
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1867072/000155837025010111/0001558370-25-010111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1867072/000155837025010111/kd-20250804x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-010111

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer