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| Date | Value |
|---|---|
| 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 |