Kyndryl Holdings Incorporation ( (KD) ) has released its Q2 earnings. Here is a breakdown of the information Kyndryl Holdings Incorporation presented to its investors.
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Kyndryl Holdings, Inc., the world’s largest IT infrastructure services provider, specializes in designing, building, managing, and modernizing mission-critical information systems for enterprises globally.
Kyndryl Holdings recently reported its second quarter fiscal 2025 results, highlighting a revenue total of $3.8 billion and a net loss of $43 million. The company showcased strong performance in its Kyndryl Consult sector, which achieved double-digit revenue growth.
Financial highlights for the quarter include an adjusted EBITDA of $557 million and adjusted net income of $3 million. Kyndryl also reported a record $5.6 billion in total signings, signifying a 132% year-over-year increase, supported by strategic alliances and enhanced services like cloud and AI readiness. Despite a 7% decline in overall revenue, the company continues refining its contract mix to focus on higher-margin opportunities.
Looking ahead, Kyndryl reaffirms its fiscal 2025 outlook with expectations of constant-currency revenue growth in the fourth quarter, aiming for an adjusted EBITDA margin of at least 16.3%. The company remains committed to capitalizing on market opportunities and expanding its service offerings to drive future growth.
