Kyndryl Holdings (KD) Cash from Operations (2020 - 2026)
Kyndryl Holdings' (KD) quarterly Cash from Operations came in at -$310.0 million in Q2 2026, down 150.0% on a YoY basis from $620.0 million in Q2 2025, and down 162.25% quarter-over-quarter from $498.0 million in Q1 2026.
Analysis
Kyndryl Holdings (KD) Cash from Operations (2020 - 2026) Analysis & Trends
Kyndryl Holdings (KD) has reported Cash from Operations for 7 consecutive years, with -$310.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash from Operations fell 150.0% year-over-year to -$310.0 million; the trailing twelve-month figure through Jun 2026 stood at $762.0 million (down 12.01% YoY), and the FY2026 full-year result was $948.0 million, up 0.64% from the prior year.
- Cash from Operations fell to -$310.0 million in Q2 2026 per KD's latest filing, from $498.0 million in the prior quarter.
- Across five years, Cash from Operations topped out at $581.0 million in Q1 2025 and bottomed at -$310.0 million in Q2 2026.
- Historically, Cash from Operations has averaged $175.3 million across 5 years, with a median of $146.0 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Cash from Operations slumped 266.35% in 2023, then jumped 300.69% in 2025.
- Over 5 years, Cash from Operations stood at $491.0 million in 2022, then dropped by 11.2% to $436.0 million in 2023, then plunged by 40.37% to $260.0 million in 2024, then jumped by 64.62% to $428.0 million in 2025, then plunged by 172.43% to -$310.0 million in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered -$310.0 million, $498.0 million, and $428.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.97 Bn | 44.97 Bn | 1.60 Bn | 1.26 Bn |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn | 558.00 Mn |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - | 437.03 Mn |
| 4 | EPAM Systems | 5.98 Bn | 5.19 Bn | 429.57 Mn | -2.42 Mn |
| 5 | Science Applications International | 5.46 Bn | 5.34 Bn | 239.00 Mn | 146.00 Mn |
| 6 | ExlService Holdings | 5.28 Bn | 5.00 Bn | 225.96 Mn | 87.89 Mn |
| 7 | Kyndryl Holdings | 2.79 Bn | 680.69 Mn | 776.00 Mn | -310.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | - |
| 9 | DXC Technology | 1.80 Bn | -204.47 Mn | 611.00 Mn | 418.00 Mn |
| 10 | Innodata | 1.78 Bn | 1.53 Bn | 42.46 Mn | 127.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -310.00 Mn |
| Mar 31, 2026 | 498.00 Mn |
| Dec 31, 2025 | 428.00 Mn |
| Sep 30, 2025 | 146.00 Mn |
| Jun 30, 2025 | -124.00 Mn |
| Mar 31, 2025 | 581.00 Mn |
| Dec 31, 2024 | 260.00 Mn |
| Sep 30, 2024 | 149.00 Mn |
| Jun 30, 2024 | -48.00 Mn |
| Mar 31, 2024 | 145.00 Mn |
| Dec 31, 2023 | 436.00 Mn |
| Sep 30, 2023 | 46.00 Mn |
| Jun 30, 2023 | -173.00 Mn |
| Sep 30, 2022 | 491.00 Mn |
| Jun 30, 2022 | 104.00 Mn |
| Dec 31, 2021 | 209.00 Mn |
| Sep 30, 2021 | -397.00 Mn |
| Jun 30, 2021 | -161.00 Mn |
| Mar 31, 2021 | -328.00 Mn |
| Dec 31, 2020 | 305.00 Mn |