Kyndryl Holdings (KD) Operating Leases (2020 - 2026)
Kyndryl Holdings' (KD) quarterly Operating Leases came in at $596.0 million in Q2 2026, down 1.0% on a YoY basis from $602.0 million in Q2 2025, and down 1.0% quarter-over-quarter from $602.0 million in Q1 2026.
Analysis
Kyndryl Holdings (KD) Operating Leases (2020 - 2026) Analysis & Trends
Kyndryl Holdings (KD) has reported Operating Leases for 7 consecutive years, with $596.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases fell 1.0% year-over-year to $596.0 million; the trailing twelve-month figure through Jun 2026 stood at $596.0 million (down 1.0% YoY), and the FY2026 full-year result was $602.0 million, up 17.81% from the prior year.
- Operating Leases eased to $596.0 million in Q2 2026 per KD's latest filing, from $602.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $928.0 million in Q1 2022 and bottomed at $492.0 million in Q4 2024.
- Historically, Operating Leases has averaged $658.7 million across 5 years, with a median of $614.5 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Operating Leases dropped 29.71% in 2024, then advanced 19.92% in 2025.
- Over 5 years, Operating Leases stood at $790.0 million in 2022, then declined by 11.39% to $700.0 million in 2023, then decreased by 29.71% to $492.0 million in 2024, then gained by 19.92% to $590.0 million in 2025, then grew by 1.02% to $596.0 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $596.0 million, $602.0 million, and $590.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 596.00 Mn |
| Mar 31, 2026 | 602.00 Mn |
| Dec 31, 2025 | 590.00 Mn |
| Sep 30, 2025 | 607.00 Mn |
| Jun 30, 2025 | 602.00 Mn |
| Mar 31, 2025 | 511.00 Mn |
| Dec 31, 2024 | 492.00 Mn |
| Sep 30, 2024 | 580.00 Mn |
| Jun 30, 2024 | 606.00 Mn |
| Mar 31, 2024 | 622.00 Mn |
| Dec 31, 2023 | 700.00 Mn |
| Sep 30, 2023 | 660.00 Mn |
| Jun 30, 2023 | 672.00 Mn |
| Mar 31, 2023 | 707.00 Mn |
| Dec 31, 2022 | 790.00 Mn |
| Sep 30, 2022 | 771.00 Mn |
| Jun 30, 2022 | 820.00 Mn |
| Mar 31, 2022 | 928.00 Mn |
| Dec 31, 2021 | 1.01 Bn |
| Sep 30, 2021 | 823.00 Mn |