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.
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 and $10.89 billion in FY2022 (-34.2%).
- 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.69 Bn | 44.75 Bn | 1.60 Bn | 3.48 Bn |
| 2 | Cognizant Technology Solutions | 26.45 Bn | 19.61 Bn | 1.83 Bn | 3.65 Bn |
| 3 | Td Synnex | 22.21 Bn | 16.36 Bn | 1.43 Bn | 20.13 Bn |
| 4 | Cdw | 16.70 Bn | 14.69 Bn | 1.32 Bn | 5.25 Bn |
| 5 | Cgi | 15.63 Bn | 13.41 Bn | - | - |
| 6 | Arrow Electronics | 12.33 Bn | 11.35 Bn | 1.13 Bn | 8.87 Bn |
| 7 | Avnet | 8.78 Bn | 7.96 Bn | 865.03 Mn | 7.43 Bn |
| 8 | Ingram Micro Holding | 6.70 Bn | 2.31 Bn | 958.68 Mn | 13.57 Bn |
| 9 | EPAM Systems | 5.58 Bn | 1.22 Bn | 429.57 Mn | 985.20 Mn |
| 10 | Kyndryl Holdings | 2.52 Bn | -4.81 Bn | 776.00 Mn | 2.84 Bn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 4.32 Bn |
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_KEY
import 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();