Margin Expansion and Earnings Growth
Kyndryl delivered margin expansion with adjusted EBITDA increasing by 15% year-over-year and adjusted pretax income growing by 171%, reflecting strong earnings growth.
Growth in Kyndryl Consult and Hyperscaler-Related Revenue
Kyndryl Consult revenue increased by 32% in constant currency over the last 12 months, and Hyperscaler-related revenues doubled, surpassing the initial fiscal 2026 target of $1.8 billion.
Increase in Share Repurchase Program
Kyndryl increased its share repurchase program by $400 million, demonstrating confidence in achieving fiscal 2028 objectives.
Strong Pipeline for Second Half
Entered the third quarter with a record pipeline, supporting second half signings growth and a full-year book-to-bill ratio above 1.
Strategic Acquisition
Kyndryl announced the acquisition of a midsized cloud services provider in Europe, expanding its capabilities in the sovereign cloud market.