Kyndryl Holdings (KD) Tax Rate (2020 - 2026)
Kyndryl Holdings' (KD) quarterly Tax Rate came in at 20.29% in Q2 2026, down 1884.0% on a YoY basis from 1.14% in Q2 2025, and down 67.29% quarter-over-quarter from 62.03% in Q1 2026.
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Kyndryl Holdings (KD) Tax Rate (2020 - 2026) Analysis & Trends
Kyndryl Holdings (KD) has reported Tax Rate for 7 consecutive years, with 20.29% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 1884.0% year-over-year to 20.29%; the trailing twelve-month figure through Jun 2026 stood at 54.07% (up 2541.0% YoY), and the FY2026 full-year result was 46.15%, up 1327.0% from the prior year.
- Tax Rate fell to 20.29% in Q2 2026 per KD's latest filing, from 62.03% in the prior quarter.
- Across five years, Tax Rate topped out at 122.64% in Q4 2023 and bottomed at 760.0% in Q3 2024.
- Historically, Tax Rate has averaged 29.41% across 5 years, with a median of 20.29% in 2026.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 72972 bps in 2024, then surged 79061 bps in 2025.
- Over 5 years, Tax Rate stood at 25.18% in 2022, then surged by 587 bps to 122.64% in 2023, then sank by 86 bps to 16.67% in 2024, then surged by 124 bps to 37.36% in 2025, then slumped by 46 bps to 20.29% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 20.29%, 62.03%, and 37.36% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.95 Bn | 44.95 Bn | 1.60 Bn | 29.49% |
| 2 | Cognizant Technology Solutions | 27.19 Bn | 26.14 Bn | 1.83 Bn | 26.40% |
| 3 | Cgi | 15.35 Bn | 14.77 Bn | - | 26.62% |
| 4 | EPAM Systems | 6.01 Bn | 5.22 Bn | 429.57 Mn | 26.73% |
| 5 | Science Applications International | 5.35 Bn | 5.22 Bn | 239.00 Mn | 14.29% |
| 6 | ExlService Holdings | 5.33 Bn | 5.05 Bn | 225.96 Mn | 23.14% |
| 7 | Kyndryl Holdings | 2.86 Bn | 746.87 Mn | 776.00 Mn | 20.29% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 21.30% |
| 9 | Innodata | 1.84 Bn | 1.59 Bn | 42.46 Mn | - |
| 10 | DXC Technology | 1.79 Bn | -211.80 Mn | 611.00 Mn | 47.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.29% |
| Mar 31, 2026 | 62.03% |
| Dec 31, 2025 | 37.36% |
| Sep 30, 2025 | 30.61% |
| Jun 30, 2025 | 39.13% |
| Mar 31, 2025 | 22.10% |
| Dec 31, 2024 | 16.67% |
| Sep 30, 2024 | -760.00% |
| Jun 30, 2024 | 82.81% |
| Mar 31, 2024 | -7.99% |
| Dec 31, 2023 | 122.64% |
| Sep 30, 2023 | -30.28% |
| Jun 30, 2023 | -29.36% |
| Sep 30, 2022 | -25.18% |
| Jun 30, 2022 | -21.95% |
| Dec 31, 2021 | -20.75% |
| Sep 30, 2021 | -38.46% |
| Jun 30, 2021 | -24.28% |
| Mar 31, 2021 | -22.58% |
| Dec 31, 2020 | -0.56% |