Kyndryl Holdings Inc

For the period ended Dec 31, 2024. Filed Feb 6, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Dec 31, 2024 · Filed Feb 6, 2025

KD$16.80+3.1%Stored close · as of Nov 9, 2026

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Contents

Part I - Financial Information:

Item 1. Consolidated Financial Statements (Unaudited):

KYNDRYL HOLDINGS, INC.**

CONSOLIDATED INCOME STATEMENT

(In millions, except per share amounts)

**(Unaudited)


· · Three Months Ended December 31, · · Nine Months Ended December 31,
· 2024 · 2023 · 2024 · 2023
Revenues	$3,744	$3,936	$11,257	$12,202

Cost of services	$2,981	$3,184	$8,939	$10,055
Selling, general and administrative expenses	647	705	1,951	2,059
Workforce rebalancing charges	17	19	92	115
Transaction-related costs (benefits)	(148)	(77)	(128)	12
Interest expense	24	31	77	92
Other expense (income)	(35)	21	9	34
Total costs and expenses	$3,486	$3,883	$10,940	$12,367

Income (loss) before income taxes	$258	$53	$317	$(165)
Provision for income taxes	$43	$65	$134	$131
Net income (loss)	$215	$(12)	$183	$(295)

Basic earnings (loss) per share	$0.93	$(0.05)	$0.79	$(1.29)
Diluted earnings (loss) per share	$0.89	$(0.05)	$0.77	$(1.29)

Weighted-average basic shares outstanding	232.2	229.6	231.5	228.9
Weighted-average diluted shares outstanding	240.7	229.6	238.3	228.9

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.