Kyndryl Holdings (KD) Cost of Revenue (2020 - 2026)
Kyndryl Holdings (KD) posted Cost of Revenue of $2.9 billion for Q1 2026, down 3.18% on a QoQ basis from $3.0 billion in Q4 2025, and down 1.85% year-over-year from $3.0 billion in Q1 2025.
Kyndryl Holdings (KD) Cost of Revenue (2020 - 2026) Analysis & Trends
Kyndryl Holdings' Cost of Revenue history runs 7 years deep, the most recent figure standing at $2.9 billion for Q1 2026.
- Quarterly Cost of Revenue fell 1.85% year-over-year to $2.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.8 billion (down 0.93% YoY) and the FY2026 annual result came in at $11.8 billion, down 0.93% from the prior year.
- Cost of Revenue was $2.9 billion for Q1 2026 at Kyndryl Holdings, down from $3.0 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $7.3 billion in Q3 2022 and bottomed at $2.9 billion in Q3 2025.
- A 5-year average of $3.4 billion and a median of $3.0 billion in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue sank 53.06% — and 2025, when it rose 1.17%.
- Kyndryl Holdings' Cost of Revenue stood at $7.3 billion in 2022, then slumped by 56.32% to $3.2 billion in 2023, then decreased by 6.38% to $3.0 billion in 2024, then grew by 1.17% to $3.0 billion in 2025, then decreased by 3.18% to $2.9 billion in 2026.
- Business Quant data shows KD's Cost of Revenue at $2.9 billion in Q1 2026, $3.0 billion in Q4 2025, and $2.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 203.45 Bn | 192.09 Bn | 9.91 Bn | 7.26 Bn |
| 2 | Accenture | 94.76 Bn | 84.59 Bn | 6.13 Bn | 12.58 Bn |
| 3 | Cgi | 61.46 Bn | 60.81 Bn | - | - |
| 4 | GDS Holdings | 48.81 Bn | 46.67 Bn | 164.04 Mn | 324.09 Mn |
| 5 | Infosys | 47.98 Bn | 47.98 Bn | 1.60 Bn | 3.48 Bn |
| 6 | Cognizant Technology Solutions | 22.55 Bn | 21.03 Bn | 1.78 Bn | 3.64 Bn |
| 7 | Fidelity National Information Services | 22.25 Bn | 21.49 Bn | 1.11 Bn | 2.19 Bn |
| 8 | Wipro | 20.03 Bn | 15.85 Bn | 738.00 Mn | 1.85 Bn |
| 9 | Cdw | 17.85 Bn | 17.27 Bn | 1.19 Bn | 4.49 Bn |
| 10 | Kyndryl Holdings | 2.92 Bn | 292.85 Mn | 849.00 Mn | 2.92 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.92 Bn |
| Mar 31, 2026 | 2.92 Bn |
| Dec 31, 2025 | 3.02 Bn |
| Dec 31, 2025 | 3.02 Bn |
| Sep 30, 2025 | 2.92 Bn |
| Sep 30, 2025 | 2.92 Bn |
| Jun 30, 2025 | 2.95 Bn |
| Jun 30, 2025 | 2.95 Bn |
| Mar 31, 2025 | 2.98 Bn |
| Mar 31, 2025 | 2.98 Bn |
| Dec 31, 2024 | 2.98 Bn |
| Dec 31, 2024 | 2.98 Bn |
| Sep 30, 2024 | 3.02 Bn |
| Sep 30, 2024 | 3.02 Bn |
| Jun 30, 2024 | 2.93 Bn |
| Jun 30, 2024 | 2.93 Bn |
| Mar 31, 2024 | 3.13 Bn |
| Mar 31, 2024 | 3.13 Bn |
| Dec 31, 2023 | 3.18 Bn |
| Dec 31, 2023 | 3.18 Bn |