Kyndryl Holdings Inc

Common Name
Kyndryl Holdings
Country
United States
Sector
Technology
Industry
Information Technology Services
Employees
73,000
Ticker
KD
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Kyndryl Holdings Inc. operates as a technology services company that specializes in providing infrastructure services for businesses across the globe. Its primary function is to assist companies in ma...

Financial Statements of Kyndryl Holdings

Below are the financial statements of Kyndryl Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of USD20242023
Current assets
Cash and cash equivalents
1,553a
1,847a
Restricted cash
1a
12a
Accounts receivable (net of allowances for credit losses of $22 at March 31, 2024 and $32 at March 31, 2023)
1,599a
1,523a
Deferred costs (current portion)
1,081a
1,070a
Prepaid expenses and other current assets
514a
510a
Total current assets
4,747a
4,963a
Assets
Property and equipment, net
2,674a
2,779a
Operating right-of-use assets, net
864a
964a
Deferred costs (noncurrent portion)
920a
1,166a
Deferred taxes
220a
248a
Goodwill
805a
812a
Intangible assets, net
188a
171a
Pension assets
105a
94a
Other noncurrent assets
67a
267a
Total assets
10,590a
11,464a
Current liabilities
Accounts payable
1,408a
1,774a
Value-added tax and income tax liabilities
327a
347a
Current portion of long-term debt
126a
110a
Accrued compensation and benefits
609a
533a
Deferred income (current portion)
825a
820a
Operating lease liabilities (current portion)
285a
316a
Accrued contract costs
487a
346a
Other accrued expenses and liabilities
521a
624a
Total current liabilities
4,589a
4,868a
Liabilities
Long-term debt
3,112a
3,111a
Retirement and nonpension postretirement benefit obligations
500a
504a
Deferred income (noncurrent portion)
314a
362a
Operating lease liabilities (noncurrent portion)
622a
707a
Other noncurrent liabilities
332a
450a
Total liabilities
9,468a
10,002a
Stockholders’ equity
Common stock, par value $0.01 per share, and additional paid-in capital
4,524a
4,428a
Accumulated deficit
-2,319a
-1,978a
Treasury stock, at cost
-45a
-23a
Accumulated other comprehensive income (loss)
-1,145a
-1,062a
Total stockholders’ equity before non-controlling interests
1,015a
1,365a
Equity
Non-controlling interests
107a
97a
Total equity
1,122a
1,462a
Total liabilities and equity
10,590a
11,464a

Verified Sources Behind Kyndryl Holdings’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Kyndryl Holdings’s data sources below and access millions more through our Disclosure Search.

a. Kyndryl Holdings's 10-K 2024
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