Kyndryl Holdings (KD) Gross Margin (2020 - 2026)
Kyndryl Holdings' (KD) quarterly Gross Margin came in at 22.53% in Q1 2026, up 82.0% YoY from 12.38% in Q1 2025, and up 3.12% on a QoQ basis from 21.85% in Q4 2025.
Kyndryl Holdings (KD) Gross Margin (2020 - 2026) Analysis & Trends
Kyndryl Holdings (KD) has 7 years of Gross Margin data on file, last reported at 22.53% in 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 climbed to 22.53% in Q1 2026, from 21.85% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 22.53% in Q1 2026 to a low of 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 dropped 26 bps.
- Tracing KD's Gross Margin over 5 years: stood at 13.9% in 2022, then jumped by 37 bps to 19.11% in 2023, then advanced by 7 bps to 20.38% in 2024, then advanced by 7 bps to 21.85% in 2025, then increased by 3 bps to 22.53% in 2026.
- The last three Gross Margin figures came in at 22.53% (Q1 2026), 21.85% (Q4 2025), and 21.53% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 32.77% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 31.48% |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 33.37% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 34.76% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 38.43% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 28.54% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 17.92% |
| 10 | Kyndryl Holdings | 2.73 Bn | 614.51 Mn | 776.00 Mn | 21.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.45% |
| 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% |