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
DateValue
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