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Kyndryl Holdings, Inc.

KD

Technology · 11.97 +6.1% today

Isolated · not yet confirmedMarket checked 2 Oct, 15:45 GMT-4

Market read

No connected market move is active around Kyndryl Holdings, Inc..

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 14 directly disclosed connections are confirming.

Company+6.1% todayVolume comparison unavailable
Market groupNo active group readNo durable group available
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • KD's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if KD's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Information Technology Services

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 14 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • KD's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Oct 2, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods7
Price observations342
Usable filing statements190
Verified relationships15
Evidence supporting the case
  • Credit and interest rates has repeated favorable evidence across 5 filings.
  • Foreign exchange has repeated favorable evidence across 5 filings.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position
  • EV/sales is 71% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Oct 1, 2026

12.13
6m-5.6%12m-59.6%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$18.7B-3.6%$-10.28+0.0%
2023-03-31$17.0B-8.7%$-6.06+1.2%
2024-03-31$16.1B-5.7%$-1.48+1.1%
2025-03-31$15.1B-6.2%$1.05+4.3%
2026-03-31$15.1B+0.2%$0.85-2.2%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
“Interest expense was 0.9% of revenue in the three months ended June 30, 2026 compared to 0.5% in the prior-year quarter, driven by an increase in debt due to cash borrowed under a revolving credit agreement.”
10-Q · Aug 5, 2026 ↗
Foreign exchangepositive · 5 filings
“The revenue decline was largely attributable to actions the Company has taken to reduce low-margin components of its customer relationships, as well as an unfavorable currency exchange rate impact of three points.”
10-K · May 29, 2026 ↗
Restructuring and cost reductionsmixed · 2 filings
“Impairment expense was 1.0% of revenue in the three months ended June 30, 2026 driven by the sale of a facility in the United States.”
10-Q · Aug 5, 2026 ↗
Supply chain and availabilitynegative · 2 filings
“Derivatives designated as net investment hedges are accounted for using the spot method, with changes in the fair value of the derivatives attributable to changes in spot rates recorded within foreign currency translation adjustments (“CTA”) as a component of…”
10-K · May 29, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.2× · EV/sales 0.3×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

11.97+6.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 12:30 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for KD. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for KD. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind KD

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

AMZNAmazon.com, Inc.partnerMay 29, 2026 ▾

“Our strategic relationships with hyperscalers, such as Amazon Web Services, Google Cloud and Microsoft, allow us to expand the role we play with existing customers and access new customers and market opportunities.”

CSCOCisco Systems, Inc.partnerMay 29, 2026 ▾

“We have several key partnerships, including with Amazon Web Services, Broadcom, Cisco, Dell, Dynatrace, Google Cloud, HPE, Microsoft, NVIDIA, Oracle, Palo Alto Networks, Red Hat, Rubrik, SAP and ServiceNow that accelerate market participation, joint solution…”

Depended on by

BRBroadridge Financial Solutions, Inc.partnerApr 30, 2026 ▾

“54 Table of Contents Contractual Obligations Data Center Agreements The Company is a party to an Amended and Restated IT Services Agreement (“ITSA”) with Kyndryl, Inc.”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 15 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

KD is currently a Follower in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for KD; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.