NYSE$KD

Kyndryl Holdings Inc · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Kyndryl's Q2 2025 financial results were released, showing revenue of $3.8 billion and signings growth.

Kyndryl reported revenues of $3.8 billion, a net loss of $43 million, and record total signings of $5.6 billion, which is a 132% increase year-over-year. The company reaffirms its outlook for fiscal year 2025, expecting constant-currency revenue growth in the fourth quarter.

  • Revenues for the quarter totaled $3.8 billion with a net loss of $43 million.
  • Adjusted EBITDA was $557 million, adjusted pretax income was $45 million, and adjusted net income was $3 million.
  • Kyndryl Consult delivered double-digit revenue growth in the quarter and over the last twelve months.
  • The company reaffirms its outlook for fiscal year 2025, projecting constant-currency revenue growth in the fourth quarter, supported by record post-spin signings.

Headline financials

Total Revenue

$3.77B

Previous: $4.07B-7.3%
EPS

-$0.19

Previous: -$0.62+69.4%
Signings

$5.6B

No prior period
Adjusted Pretax Income

$45M

No prior period
Adjusted Net Income

$3M

No prior period
Capital Expenditures

-$134M

Previous: -$175M+23.4%
Net Income

-$43M

Previous: -$142M+69.7%
Operating Income

$16M

Previous: -$85M+118.8%
Gross Profit

$750M

Previous: $651M+15.2%
Cash & Equivalents

$1.33B

Previous: $1.41B-5.9%
Total Assets

$10.4B

Previous: $10.6B-1.9%
Stock-Based Comp

$25M

Previous: $26M-3.8%

Revenue & EPS history

Kyndryl · Revenue · Quarterly

$3.77B

Q2 2025-7.3%vs Q2 2024
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Forward guidance

Kyndryl is reaffirming its outlook for its fiscal year 2025, which runs from April 2024 to March 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.8%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+4.7%

Avg return

30 days after

55%

12 / 22 earnings

Positive

+27.1%

Q4 2024

Best reaction

-54.9%

Q3 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-3.8%-12.5%-11.5%
Q3 2026-54.9%-47.9%-46.1%
Q2 2026-4.7%-5.0%-4.5%
Q4 2025+10.5%+24.2%+21.8%
Q3 2025+5.2%+10.1%-6.6%
Q2 2025+19.8%+22.1%+50.1%
Q1 2025-12.2%-14.4%-11.4%
Q4 2024+27.1%+30.5%+26.9%
Q3 2024+1.6%+7.8%+5.9%
Q2 2024+15.1%+15.1%+19.3%
Q1 2024+16.0%+27.0%+32.1%
Q4 2023-13.6%-19.6%-8.4%
Q3 2023+24.8%+23.5%+14.9%
Q1 2021+7.0%+6.2%+38.8%
Q2 2023-15.1%-9.1%+17.9%
Q2 2021-0.6%-1.4%-8.7%
Q1 2023+4.5%+12.4%+4.6%
Q4 2019+1.4%-0.9%-18.6%
Q1 2022+15.2%+12.1%+0.5%
Q4 2021-14.7%-24.9%-16.9%
Q4 2020-5.5%-10.9%+1.7%
Q3 2021-5.5%-10.9%+1.7%

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