Kyndryl Holdings Reports Strong Q1 Fiscal 2026 Results

Kyndryl Holdings Incorporation ( (KD) ) has released its Q1 earnings. Here is a breakdown of the information Kyndryl Holdings Incorporation presented to its investors.

Kyndryl Holdings Incorporation, a prominent provider of mission-critical enterprise technology services, specializes in designing, building, managing, and modernizing complex IT infrastructure systems globally. In its first quarter of fiscal 2026, Kyndryl reported revenues of $3.74 billion, with a net income of $56 million, reflecting a significant year-over-year increase. The company also achieved an adjusted EBITDA of $647 million, marking a 16% rise from the previous year. Kyndryl Consult, one of its key growth areas, delivered double-digit revenue growth, contributing to the company’s steady progress. Key financial highlights include a 44% increase in pretax income and a 39% rise in adjusted pretax income. The company’s strategic initiatives, including its alliances with cloud hyperscalers, have shown promising results, with hyperscaler-related revenue increasing by 86% year-over-year. Kyndryl’s commitment to innovation is evident in the launch of its Agentic AI Framework, aimed at enhancing customer adoption of AI solutions. Looking ahead, Kyndryl remains optimistic about achieving its fiscal 2026 objectives, focusing on revenue growth, earnings improvement, and strategic reinvestments.