Kyndryl Holdings (KD) Gross Margin (2020 - 2026)
Kyndryl Holdings (KD) posted Gross Margin of 22.53% for Q1 2026, up 3.12% on a QoQ basis from 21.85% in Q4 2025, and up 82.0% year-over-year from 12.38% in Q1 2025.
Kyndryl Holdings (KD) Gross Margin (2020 - 2026) Analysis & Trends
Kyndryl Holdings' Gross Margin history runs 7 years deep, the most recent figure standing at 22.53% for Q1 2026.
- Quarterly Gross Margin rose 82.0% year-over-year to 22.53% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.79% (up 92.0% YoY) and the FY2026 annual result came in at 21.79%, up 92.0% from the prior year.
- Gross Margin was 22.53% for Q1 2026 at Kyndryl Holdings, up from 21.85% in the prior quarter.
- Across five years, Gross Margin topped out at 22.53% in Q1 2026 and bottomed at 13.9% in Q3 2022.
- A 5-year average of 19.3% and a median of 20.13% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 389 bps — and 2025, when it retreated 26 bps.
- Kyndryl Holdings' Gross Margin stood at 13.9% in 2022, then soared by 37 bps to 19.11% in 2023, then grew by 7 bps to 20.38% in 2024, then grew by 7 bps to 21.85% in 2025, then gained by 3 bps to 22.53% in 2026.
- Business Quant data shows KD's Gross Margin at 22.53% in Q1 2026, 21.85% in Q4 2025, and 21.53% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 203.83 Bn | 192.47 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 94.67 Bn | 84.50 Bn | 6.13 Bn | 32.77% |
| 3 | Cgi | 61.70 Bn | 61.05 Bn | - | - |
| 4 | GDS Holdings | 48.39 Bn | 46.24 Bn | 164.04 Mn | 33.61% |
| 5 | Infosys | 46.78 Bn | 46.78 Bn | 1.60 Bn | 31.48% |
| 6 | Cognizant Technology Solutions | 22.59 Bn | 21.07 Bn | 1.78 Bn | 32.79% |
| 7 | Fidelity National Information Services | 22.26 Bn | 21.51 Bn | 1.11 Bn | 33.63% |
| 8 | Wipro | 19.72 Bn | 15.54 Bn | 738.00 Mn | 28.54% |
| 9 | Broadridge Financial Solutions | 17.84 Bn | 17.54 Bn | 626.90 Mn | 32.09% |
| 10 | Kyndryl Holdings | 2.90 Bn | 275.27 Mn | 849.00 Mn | 22.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.53% |
| Dec 31, 2025 | 21.85% |
| Sep 30, 2025 | 21.53% |
| Jun 30, 2025 | 21.27% |
| Mar 31, 2025 | 21.71% |
| Dec 31, 2024 | 20.38% |
| Sep 30, 2024 | 19.87% |
| Jun 30, 2024 | 21.53% |
| Mar 31, 2024 | 18.60% |
| Dec 31, 2023 | 19.11% |
| Sep 30, 2023 | 15.98% |
| Jun 30, 2023 | 17.74% |
| Sep 30, 2022 | 13.90% |
| Jun 30, 2022 | 14.25% |
| Dec 31, 2021 | 11.90% |
| Sep 30, 2021 | 11.76% |
| Jun 30, 2021 | 12.40% |
| Mar 31, 2021 | 9.49% |
| Dec 31, 2020 | 13.52% |
| Sep 30, 2020 | 10.79% |