Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
KD · NYSE · Technology
Fundamental quality
29
out of 100
Kyndryl Holdings, Inc. earns a fundamental-quality score of 29 out of 100, profiling it as a company with demanding fundamentals. Its score rests mainly on its financial strength (net debt 3.24× EBITDA). Its weakest area is its growth (revenue -4.6%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Kyndryl is IBM's former infrastructure-services division, spun off as the world's largest manager of other people's IT systems: the mainframes and data centers of banks, airlines and governments run because someone at Kyndryl watches them. It was born with low-margin contracts it has spent years repricing.
EPS growth: -19% · Revenue growth: -4.6%
Net margin: 0.6% · ROE: 8.1% · ROIC: 5%
Net debt/EBITDA: 3.24x · FCF: 1%
Source: SEC EDGAR · TTM through 30/06/2026
The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.
Percentile against the other 100 Technology companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 19,352 | -2,007 | -408 | 185 |
| 2021 | 18,657 | -2,304 | -871 | 882 |
| 2023 | 17,026 | -1,374 | -84 | 1,263 |
| 2024 | 16,052 | -340 | -197 | 1,473 |
| 2025 | 15,057 | 252 | 337 | 1,243 |
| 2026 | 15,092 | 198 | 340 | 3,077 |
Between 2020 and 2026, revenue went from $19,352M to $15,092M (-22%) and net income went from -$2,007M to $198M (+110%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the quarter ended June 30, 2026, versus the quarter ended June 30, 2025 (SEC filings):
Compared with the previous close (March 31, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
This company doesn't pay a dividend: it reinvests all its earnings back into the business.
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Is Kyndryl Holdings, Inc. cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Kyndryl Holdings, Inc. a good company to invest in?
In terms of business quality, Kyndryl Holdings, Inc. scores 29 out of 100 in our analysis, placing it as a company with demanding fundamentals. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Kyndryl Holdings, Inc. a profitable company?
Kyndryl Holdings, Inc. is profitable, with a net margin of 0.6%, though a thin one.
Does Kyndryl Holdings, Inc. have a lot of debt?
Yes, its leverage is high: net debt is 3.24 times its EBITDA, and it has been rising.
Is Kyndryl Holdings, Inc. growing?
Its revenue has fallen 4.6% annualized in recent years.
Does Kyndryl Holdings, Inc. generate cash?
Yes. It converts about 1% of its revenue into free cash flow.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Who's behind the methodology and model · how the score is computed
Data: see Kyndryl Holdings, Inc.'s filings on EDGAR
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