Filing Flows › Kyndryl Holdings (KD) › Q1 FY27 › vs Q1 FY26
Kyndryl Holdings (KD) Q1 FY27 vs Q1 FY26 (year over year)
Kyndryl Holdings's revenue fell $125M (-3%) from $3.7B in Q1 FY26 to $3.6B in Q1 FY27. The biggest changes: Principal Markets −$94.0M (-7%); Japan −$44.0M (-8%); United States +$43.0M (+5%).
Kyndryl Holdings, Q1 FY27: revenue $3.6B (-3% year over year), operating margin -1.9%, net loss $55.0M, operating cash flow −$310M. The chart draws each line against Q1 FY26, the increases inside each band.
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Principal Markets | $1.3B | $1.4B | −$94.0M | -7% |
| United States | $954M | $911M | $43.0M | +5% |
| Strategic Markets | $868M | $898M | −$30.0M | -3% |
| Japan | $534M | $578M | −$44.0M | -8% |
| Revenue | $3.6B | $3.7B | −$125M | -3% |
| Income tax benefit | $14.0M | −$36.0M | $50.0M | — |
| Net loss | $55.0M | −$56.0M | $111M | — |
| Costs & expenses | $3.7B | $3.7B | −$56.0M | -1% |
| Operating costs | $3.7B | $3.7B | $36.0M | +1% |
| Cost of revenue | $2.8B | $2.9B | −$105M | -4% |
| SG&A | $668M | $646M | $22.0M | +3% |
| Other operating costs | $177M | $58.0M | $119M | +205% |
| Operating cash sources | $520M | $346M | $174M | +50% |
| Depreciation & amortization | $189M | $198M | −$9.0M | -5% |
| Share-based compensation | $21.0M | $24.0M | −$3.0M | -12% |
| Cash used in operations | $310M | $124M | $186M | +150% |
| Net loss absorbed | $55.0M | −$56.0M | $111M | — |
| Working capital & other | $465M | $402M | $63.0M | +16% |
Questions
How much did Kyndryl Holdings's revenue grow year over year in Q1 FY27?
Kyndryl Holdings's revenue fell $125M (-3%) from $3.7B in Q1 FY26 to $3.6B in Q1 FY27.
What drove Kyndryl Holdings's revenue change in Q1 FY27?
Principal Markets −$94.0M (-7%); Japan −$44.0M (-8%); United States +$43.0M (+5%).