Kyndryl Holdings (KD) Operating Expenses (2020 - 2026)
Kyndryl Holdings' (KD) quarterly Operating Expenses came in at $681.0 million in Q1 2026, up 5.91% YoY from $643.0 million in Q1 2025, and down 4.08% on a QoQ basis from $710.0 million in Q4 2025.
Kyndryl Holdings (KD) Operating Expenses (2020 - 2026) Analysis & Trends
Kyndryl Holdings (KD) has 7 years of Operating Expenses data on file, last reported at $681.0 million in Q1 2026.
- Quarterly Operating Expenses rose 5.91% year-over-year to $681.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.7 billion (up 9.28% YoY) and the FY2026 annual result came in at $2.7 billion, up 9.29% from the prior year.
- Operating Expenses fell to $681.0 million in Q1 2026, from $710.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q3 2022 to a low of $499.0 million in Q4 2024.
- A 5-year average of $732.8 million and a median of $668.0 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses sank 56.59% — and 2025, when it surged 42.28%.
- Tracing KD's Operating Expenses over 5 years: stood at $1.6 billion in 2022, then sank by 60.03% to $628.0 million in 2023, then slipped by 20.54% to $499.0 million in 2024, then soared by 42.28% to $710.0 million in 2025, then slipped by 4.08% to $681.0 million in 2026.
- The last three Operating Expenses figures came in at $681.0 million (Q1 2026), $710.0 million (Q4 2025), and $659.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 15.54 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 528.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 12.44 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 812.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 684.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 1.67 Bn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 310.00 Mn |
| 10 | Kyndryl Holdings | 2.77 Bn | 658.63 Mn | 776.00 Mn | 630.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 630.00 Mn |
| Mar 31, 2026 | 681.00 Mn |
| Dec 31, 2025 | 710.00 Mn |
| Sep 30, 2025 | 659.00 Mn |
| Jun 30, 2025 | 646.00 Mn |
| Mar 31, 2025 | 643.00 Mn |
| Dec 31, 2024 | 499.00 Mn |
| Sep 30, 2024 | 648.00 Mn |
| Jun 30, 2024 | 677.00 Mn |
| Mar 31, 2024 | 656.00 Mn |
| Dec 31, 2023 | 628.00 Mn |
| Sep 30, 2023 | 682.00 Mn |
| Jun 30, 2023 | 762.00 Mn |
| Sep 30, 2022 | 1.57 Bn |
| Jun 30, 2022 | 797.00 Mn |
| Dec 31, 2021 | 2.19 Bn |
| Sep 30, 2021 | 1.88 Bn |
| Jun 30, 2021 | 887.00 Mn |
| Mar 31, 2021 | 769.00 Mn |
| Dec 31, 2020 | 491.00 Mn |