Kyndryl Holdings (KD) Cost of Revenue (2020 - 2026)
Kyndryl Holdings (KD) recorded Cost of Revenue of $2.84 billion in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 3.6% from $2.95 billion a year earlier and down 2.7% from the prior quarter.
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Analysis
Kyndryl Holdings (KD) Cost of Revenue (2020 - 2026) Analysis & Trends
On a TTM basis, Kyndryl Holdings' Cost of Revenue came in at $11.7 billion as of Jun 30, 2026, down 1.9% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at $11.8 billion, down 0.9% from FY2025.
- Annual Cost of Revenue has declined for three straight fiscal years, with a five-year compound annual growth rate of -6.5% (FY2021 to FY2026).
- Across earlier fiscal years, Cost of Revenue came in at $11.91 billion in FY2025 (-9.7%), $13.19 billion in FY2024 (-9.0%), $14.5 billion in FY2023 (+279.1%) and $3.82 billion in FY2022.
- The fiscal Q1 2027 figure is the lowest quarterly Cost of Revenue in data going back to fiscal Q2 2023.
- On a year-over-year basis, Cost of Revenue rose in two of the last eight quarters, with an average decline of 3.8%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 1.2% in fiscal Q3 2026, against a decline of 14.9% in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $2.92 billion (Q4 2026), $3.02 billion (Q3 2026) and $2.92 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn | 3.55 Bn |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 3.75 Bn |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 5.37 Bn |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 20.13 Bn |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | - |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 9.56 Bn |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 980.49 Mn |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 9.64 Bn |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 392.82 Mn |
| 10 | Kyndryl Holdings | 3.76 Bn | -3.90 Bn | 857.00 Mn | 2.79 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.79 Bn |
| Jun 30, 2026 | 2.84 Bn |
| Mar 31, 2026 | 2.92 Bn |
| Dec 31, 2025 | 3.02 Bn |
| Sep 30, 2025 | 2.92 Bn |
| Jun 30, 2025 | 2.95 Bn |
| Mar 31, 2025 | 2.98 Bn |
| Dec 31, 2024 | 2.98 Bn |
| Sep 30, 2024 | 3.02 Bn |
| Jun 30, 2024 | 2.93 Bn |
| Mar 31, 2024 | 3.13 Bn |
| Dec 31, 2023 | 3.18 Bn |
| Sep 30, 2023 | 3.42 Bn |
| Jun 30, 2023 | 3.45 Bn |
| Dec 31, 2022 | 3.60 Bn |
| Sep 30, 2022 | 3.61 Bn |
| Jun 30, 2022 | 3.68 Bn |
| Dec 31, 2021 | 4.00 Bn |
| Sep 30, 2021 | 4.07 Bn |
| Jun 30, 2021 | 4.16 Bn |
API Access
Kyndryl Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=KD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "KD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=KD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();