Kyndryl Holdings (KD) EBITDA Margin (2020 - 2026)
Kyndryl Holdings' (KD) quarterly EBITDA Margin came in at 4.04% in Q2 2026, up 3.0% on a YoY basis from 3.92% in Q2 2025, and down 9.47% quarter-over-quarter from 4.46% in Q1 2026.
Analysis
Kyndryl Holdings (KD) EBITDA Margin (2020 - 2026) Analysis & Trends
Kyndryl Holdings (KD) has reported EBITDA Margin for 7 consecutive years, with 4.04% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin rose 3.0% year-over-year to 4.04%; the trailing twelve-month figure through Jun 2026 stood at 3.94% (down 70.0% YoY), and the FY2026 full-year result was 3.94%, down 56.0% from the prior year.
- EBITDA Margin retreated to 4.04% in Q2 2026 per KD's latest filing, from 4.46% in the prior quarter.
- Across five years, EBITDA Margin topped out at 7.05% in Q4 2024 and bottomed at 4.65% in Q3 2022.
- Historically, EBITDA Margin has averaged 2.15% across 5 years, with a median of 3.42% in 2024.
- The sharpest annual moves came in 2023 and 2025: EBITDA Margin jumped 391 bps in 2023, then tumbled 360 bps in 2025.
- Over 5 years, EBITDA Margin stood at 4.65% in 2022, then jumped by 168 bps to 3.15% in 2023, then jumped by 124 bps to 7.05% in 2024, then tumbled by 51 bps to 3.45% in 2025, then rose by 17 bps to 4.04% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 4.04%, 4.46%, and 3.45% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn | 21.12% |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn | 15.95% |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - | 15.85% |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn | 10.76% |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn | 14.68% |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | 8.09% |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn | 4.04% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 0.00% |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn | 17.21% |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn | -71.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.04% |
| Mar 31, 2026 | 4.46% |
| Dec 31, 2025 | 3.45% |
| Sep 30, 2025 | 3.82% |
| Jun 30, 2025 | 4.01% |
| Mar 31, 2025 | 4.79% |
| Dec 31, 2024 | 7.05% |
| Sep 30, 2024 | 2.70% |
| Jun 30, 2024 | 3.42% |
| Mar 31, 2024 | 1.56% |
| Dec 31, 2023 | 3.15% |
| Sep 30, 2023 | -0.76% |
| Jun 30, 2023 | -0.43% |
| Sep 30, 2022 | -4.65% |
| Jun 30, 2022 | -4.34% |
| Dec 31, 2021 | -7.06% |
| Sep 30, 2021 | -8.35% |
| Jun 30, 2021 | -6.27% |
| Mar 31, 2021 | -6.62% |
| Dec 31, 2020 | 3.55% |