Kyndryl Holdings (KD) Operating Expenses (2020 - 2026)

Kyndryl Holdings (KD) posted Operating Expenses of $681.0 million for Q1 2026, down 4.08% on a QoQ basis from $710.0 million in Q4 2025, and up 5.91% year-over-year from $643.0 million in Q1 2025.

Kyndryl Holdings (KD) Operating Expenses (2020 - 2026) Analysis & Trends

Kyndryl Holdings' Operating Expenses history runs 7 years deep, the most recent figure standing at $681.0 million for 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 was $681.0 million for Q1 2026 at Kyndryl Holdings, down from $710.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.6 billion in Q3 2022 and bottomed at $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 plunged 56.59% — and 2025, when it surged 42.28%.
  • Kyndryl Holdings' Operating Expenses stood at $1.6 billion in 2022, then tumbled by 60.03% to $628.0 million in 2023, then declined by 20.54% to $499.0 million in 2024, then surged by 42.28% to $710.0 million in 2025, then declined by 4.08% to $681.0 million in 2026.
  • Business Quant data shows KD's Operating Expenses at $681.0 million in Q1 2026, $710.0 million in Q4 2025, and $659.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 7.29 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 15.54 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -27.00 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 528.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - 29.83 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 605.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 791.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 2.23 Bn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 1.59 Bn
10 Kyndryl Holdings 2.66 Bn 155.98 Mn 849.00 Mn 681.00 Mn

Historic Data

Download Data
DateValue
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
Sep 30, 2020 670.00 Mn