The earnings call reflects strong progress in strategic initiatives, particularly in consulting and hyperscaler-related revenue, leading to significant earnings growth. However, revenue decline in constant currency and the impact of focus accounts present challenges. Overall, the positives in earnings and margin expansion outweigh the revenue decline and focus account issues.

Company Guidance -

Q2 2026

In the Kyndryl Fiscal First Quarter 2026 Earnings Conference Call, CEO Martin Schroeter and CFO David Wyshner provided an optimistic outlook for the company's future financial performance, reaffirming their fiscal 2026 guidance and long-term objectives. Key metrics highlighted include a 39% year-over-year increase in adjusted pretax income for Q1, driven by a 32% growth in Kyndryl Consult revenue and a near doubling of hyperscaler-related revenue to $400 million. The company anticipates $1.8 billion in hyperscaler-related revenue for fiscal 2026, a 50% increase from the previous year. Kyndryl's book-to-bill ratio exceeded 1, with a 44% increase in signings over the past 12 months, underpinning a projected pretax margin in the high single digits. The company expects 1% constant currency revenue growth in fiscal 2026, supported by a robust pipeline and strategic initiatives focused on alliances, advanced delivery, and account management. Wyshner also projected $550 million in free cash flow for fiscal 2026, emphasizing the company's strong cash generation capacity and ongoing share repurchase program.

Significant Increase in Adjusted Pretax Income

Adjusted pretax income increased by 39% year-over-year in Q1, driven by growth in Kyndryl Consult revenue and partnerships with cloud hyperscalers.

Record Growth in Kyndryl Consult Revenue

Kyndryl Consult revenue grew 32% in constant currency, reaching an annual pace of more than $3 billion.

Strong Performance in Hyperscaler-Related Revenue

Hyperscaler-related revenue nearly doubled from a year ago to $400 million in Q1, with a fiscal 2026 target of $1.8 billion.

Increase in Customer Signings

Over the last 12 months, signings increased by 44% in constant currency, with a book-to-bill ratio above 1.

Continued Margin Expansion

Adjusted EBITDA margin increased by 240 basis points year-over-year to 17.3% in Q1.

Positive Free Cash Flow Outlook

The company expects to generate approximately $550 million in free cash flow for fiscal 2026.

Kyndryl Holdings Incorporation (KD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

KD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2026 (Q2)	0.35 / -	0.01	―	―	―
Aug 04, 2025	2026 (Q1)	0.36 / 0.37	0.13	184.62% (+0.24)
May 07, 2025	2025 (Q4)	0.51 / 0.52	-0.01	5300.00% (+0.53)
Feb 03, 2025	2025 (Q3)	0.41 / 0.51	-0.05	1120.00% (+0.56)
Nov 06, 2024	2025 (Q2)	-0.03 / 0.01	-0.05	120.00% (+0.06)
Jul 31, 2024	2025 (Q1)	0.17 / 0.13	0	―
May 07, 2024	2024 (Q4)	-0.02 / -0.01	-3.238	99.69% (+3.23)
Feb 06, 2024	2024 (Q3)	0.19 / -0.05	-2.241	97.77% (+2.19)
Nov 07, 2023	2024 (Q2)	-0.17 / -0.05	-0.47	89.36% (+0.42)
Aug 07, 2023	2024 (Q1)	-1.11 / 0.00	-1.24	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

KD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$36.70	$28.94	-21.14%
May 07, 2025	$33.14	$36.63	+10.53%
Feb 03, 2025	$37.96	$39.92	+5.16%
Nov 06, 2024	$24.13	$27.55	+14.17%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Kyndryl Holdings Incorporation (KD) report earnings?

Kyndryl Holdings Incorporation (KD) is schdueled to report earning on Nov 05, 2025, After Close (Confirmed).

What is Kyndryl Holdings Incorporation (KD) earnings time?

Kyndryl Holdings Incorporation (KD) earnings time is at Nov 05, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is KD EPS forecast?

KD EPS forecast for the fiscal quarter 2026 (Q2) is 0.35.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing