Kyndryl Holdings (KD) Gross Margin (2020 - 2026)
Kyndryl Holdings (KD) posted Gross Margin of 21.45% for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 0.18 percentage points from 21.27% a year earlier but down 1.08 percentage points from the prior quarter.
Kyndryl Holdings (KD) Gross Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Kyndryl Holdings was 21.84%, up 1.03 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 21.79%, up 0.92 percentage points from FY2025.
- Annual Gross Margin has increased for three consecutive fiscal years, with a five-year change of +10.50 percentage points (FY2021 to FY2026).
- In prior fiscal years, Kyndryl Holdings' Gross Margin was 20.87% in FY2025 (+3.04 pp), 17.84% in FY2024 (+2.99 pp), 14.85% in FY2023 and 14.76% in FY2022 (+3.47 pp).
- Quarterly Gross Margin has run from a low of 13.90% in fiscal Q3 2023 to a high of 22.53% in fiscal Q4 2026 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last four quarters, with an average year-over-year change of +1.52 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q2 2025, with a gain of 3.89 percentage points; the weakest was fiscal Q1 2026, with a drop of 0.26 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 22.53% (Q4 2026), 21.85% (Q3 2026) and 21.53% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn | 31.48% |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn | 33.37% |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn | 6.84% |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn | 20.08% |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn | 11.26% |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn | 10.43% |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn | 6.60% |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn | 30.36% |
| 10 | Kyndryl Holdings | 2.45 Bn | -4.88 Bn | 776.00 Mn | 21.45% |
Historic 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% |
| Dec 31, 2022 | 16.43% |
| Sep 30, 2022 | 13.54% |
| Jun 30, 2022 | 14.25% |
| Dec 31, 2021 | 12.23% |
| Sep 30, 2021 | 11.09% |
| Jun 30, 2021 | 12.40% |
| Mar 31, 2021 | 9.49% |
Kyndryl Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=KD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "KD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=KD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();