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Kyndryl Holdings, Inc.

KD · NYSEIT Services
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Raw inputs
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AI demand
Appliancehardwareboards & assemblyCloud &computewhere the software runsData & talentinputstelemetry, threat intel,…AI modelsthe generative enginesVendorplatformsthe clouds vendors buildProductsthe apps customers buyProduct linesmodules & familiesIndustriesverticals servedChannel &deliveryresellers, MSSPs, integra…Customerswho pays the subscriptionDELLDellCSCOCiscoNOKNokiaMSFTMicrosoftAMZNAmazon (AWS)GOOGLGoogle (Cloud)PPLKyndryl practitionersNVDANVIDIAIBMIBMSAPSAPNOWServiceNowCONKyndryl ConsultSVCSix service practicesFSBanks & financial servicesGOVGovernment & public sectorMFGIndustrial & manufacturingTELTelecom & mediaKDKyndrylVIVodafone Idea (Vi)ENTEnterprises & governments
Company details
Market cap
$3.1B
P/E ratio
37×
Div yield
EPS (FY26)
$0.87
Profit margin
1.3%
Rev. growth
-3%
Revenue
$15.1B
Free cash flow
$0.4B
In plain English
Kyndryl is the world's largest IT-infrastructure services provider — the ~72,000 people who run other companies' mission-critical systems: mainframes, hybrid cloud, networks, security and the digital workplace. Spun out of IBM in 2021, it sells hours and outcomes, not products, and is racing to offset the runoff of legacy managed-infrastructure with faster-growing Kyndryl Consult and hyperscaler work ($15.1B revenue, FY2026).
In simple terms
What Kyndryl Holdings, Inc. really sells
Kyndryl is the world's largest IT-infrastructure services provider — the ~72,000 people who run other companies' mission-critical systems: mainframes, hybrid cloud, networks, security and the digital workplace. Spun out of IBM in 2021, it sells hours and outcomes, not products, and is racing to offset the runoff of legacy managed-infrastructure with faster-growing Kyndryl Consult and hyperscaler work ($15.1B revenue, FY2026).
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