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
DateValue
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%