Kyndryl Holdings (KD) FCF Margin (2020 - 2026)
Kyndryl Holdings' (KD) quarterly FCF Margin came in at 12.69% in Q2 2026, down 555.0% on a YoY basis from 2.79% in Q2 2025, and down 225.17% quarter-over-quarter from 10.14% in Q1 2026.
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Kyndryl Holdings (KD) FCF Margin (2020 - 2026) Analysis & Trends
Kyndryl Holdings (KD) has reported FCF Margin for 7 consecutive years, with 12.69% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 555.0% year-over-year to 12.69%; the trailing twelve-month figure through Jun 2026 stood at 0.99% (down 60.0% YoY), and the FY2026 full-year result was 2.25%, up 1.0% from the prior year.
- FCF Margin declined to 12.69% in Q2 2026 per KD's latest filing, from 10.14% in the prior quarter.
- Across five years, FCF Margin topped out at 10.14% in Q1 2026 and bottomed at 12.69% in Q2 2026.
- Historically, FCF Margin has averaged 0.12% across 5 years, with a median of 0.3% in 2022.
- The sharpest annual moves came in 2025 and 2026: FCF Margin surged 1045 bps in 2025, then plunged 555 bps in 2026.
- Over 5 years, FCF Margin stood at 0.3% in 2022, then surged by 2154 bps to 6.66% in 2023, then slumped by 39 bps to 4.03% in 2024, then soared by 34 bps to 5.39% in 2025, then slumped by 335 bps to 12.69% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 12.69%, 10.14%, and 5.39% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn | 26.43% |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn | 8.37% |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - | 15.08% |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn | -1.25% |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn | 12.34% |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | 6.97% |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn | -12.69% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | - |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn | 134.89% |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn | 11.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.69% |
| Mar 31, 2026 | 10.14% |
| Dec 31, 2025 | 5.39% |
| Sep 30, 2025 | 0.46% |
| Jun 30, 2025 | -7.13% |
| Mar 31, 2025 | 8.97% |
| Dec 31, 2024 | 4.03% |
| Sep 30, 2024 | 0.40% |
| Jun 30, 2024 | -4.55% |
| Mar 31, 2024 | -1.48% |
| Dec 31, 2023 | 6.66% |
| Sep 30, 2023 | -3.17% |
| Jun 30, 2023 | -6.51% |
| Sep 30, 2022 | 0.30% |
| Jun 30, 2022 | -2.54% |
| Dec 31, 2021 | -2.61% |
| Sep 30, 2021 | -8.76% |
| Jun 30, 2021 | -8.17% |
| Mar 31, 2021 | -10.65% |
| Dec 31, 2020 | 0.39% |