Kyndryl Holdings, Inc. provides mission-critical enterprise technology services, including advisory, implementation and managed services for complex IT environments. Company news commonly covers infrastructure modernization, cloud and distributed cloud services, mainframe services, cybersecurity, public- and private-cloud work, and the Kyndryl Bridge AI-powered integration platform.
Recurring updates also include customer and government-agency contracts, systems modernization programs for motor vehicle agencies, hyperscaler collaborations such as Google Cloud work, and quarterly or annual operating results. The company's disclosures frame Kyndryl as a global IT infrastructure services provider serving customers across more than 60 countries.
Kyndryl (KD) opened its first U.S. AI Innovation Lab in the Dallas-Fort Worth area to help customers modernize technology for AI. The company expects the investment to create up to 300 jobs over the next four years in AI, technology consulting and design engineering.
Customers will work with Kyndryl experts on workshops, prototypes and development plans. The facility will also house a team focused on motor vehicle agency solutions. Kyndryl is partnering with local organizations to expand access to AI and emerging technology skills.
Kyndryl (NYSE: KD) released its first global Modernization Report, examining how AI is changing organizations’ technology investment priorities and modernization efforts.
The survey covered 2,000 business and technology leaders across five continents and 12 industries. Kyndryl found that AI adoption outranks reducing spending and replacing legacy systems as a modernization priority. Nearly half of respondents said they were behind schedule. Among organizations using agentic AI—systems that can autonomously plan and execute tasks—67% reported being ahead of or on track with modernization goals, compared with 51% of other organizations. Ten percent had deployed agentic AI in production for modernization.
Kyndryl (KD) and Skillsoft (SKIL) are collaborating to offer no-cost AI education to eligible U.S. high school students and educators.
Eligible U.S. school districts can access the program through Skillsoft's Percipio platform. Under the current agreement, access is limited to up to 25,000 student and educator users and runs through May 29, 2027.
Kyndryl (KD) has been awarded a 10-year NASPO ValuePoint Cloud and Software Solutions contract (ID: LS5006) to support U.S. public agencies with technology modernization.
The agreement gives state agencies, higher education, counties, municipalities and other eligible entities nationwide easier access to Kyndryl cloud, software and modernization services under a streamlined purchasing framework with consistent terms and conditions. Covered services span SaaS, IaaS, PaaS and on-premises environments, including legacy mainframe support, constituent-facing system upgrades, re-entry and social services case-management improvements, and optimized contact centers. Agencies can also use Kyndryl Consult and the Kyndryl Bridge AI-powered platform under this contract.
Kyndryl (KD) has released its fiscal year 2026 Corporate Citizenship Report, outlining progress across its Environment, People and Trust pillars.
The company reports a 34% reduction in scope 1, 2 (market-based) and applicable scope 3 greenhouse gas emissions versus its fiscal 2023 baseline, and a 30% decrease in total electricity purchased, with 63% of purchased electricity from renewable sources in fiscal 2026. Kyndryl invested 3.5 million hours in employee learning, completed 1.3 million trainings, and reached 108,346 digital credentials. The company also helped train more than 46,000 individuals through Kyndryl Foundation and recorded a 100% completion rate of its Code of Conduct training by eligible employees for the fifth consecutive year.
Kyndryl (KD) has completed its acquisition of Healthcare IT Leaders for up to $350 million as of September 14, 2026.
The consideration includes a contingent performance-based earnout. Healthcare IT Leaders is an enterprise IT services provider focused on hospitals and health systems across the United States. The deal is intended to accelerate AI-led modernization for healthcare providers and payors by combining Healthcare IT Leaders’ consulting and application managed services with Kyndryl’s infrastructure and AI capabilities.
Healthcare IT Leaders generated revenue over the twelve months ended March 31, 2026, equal to approximately 1% of Kyndryl’s fiscal 2026 revenue. Kyndryl states that the transaction does not change its fiscal 2027 outlook and is consistent with its capital allocation priorities. To preserve financial flexibility, Kyndryl has temporarily paused its share repurchase program.
Kyndryl (KD) granted inducement equity awards to six new non‑executive officer employees, totaling 33,577 restricted stock units (RSUs), under NYSE Rule 303A.08.
The awards comprise 7,778 RSUs vesting in four equal annual installments and 25,799 sign-on RSUs vesting in two equal annual installments, both starting on the first anniversary of the September 1, 2026 grant date. The RSUs were approved under the Kyndryl 2026 Employment Inducement Equity Incentive Plan and are described as a material inducement to the employees’ acceptance of employment.
Kyndryl (NYSE: KD) announced that Chairman and CEO Martin Schroeter and CFO Ellen Johnson will present at the Citi Global TMT Conference on Tuesday, September 8, 2026 at 8:50 a.m. ET. They will discuss Kyndryl's business and financial performance. A live webcast and replay will be accessible via the company’s investor relations website.
Kyndryl (NYSE: KD) announced an expanded strategic alliance with Broadcom to deliver end-to-end consulting and managed services for VMware Cloud Foundation (VCF), targeting secure-by-design, sovereign, AI-ready private and hybrid clouds. The collaboration focuses on modernizing, securing and scaling mission-critical systems while simplifying operations.
According to Kyndryl, both companies are investing in skills development for several thousand certified Kyndryl consultants, architects and delivery specialists to support agentic workflows. The alliance combines Kyndryl’s Agentic AI Framework, governance capabilities and managed services with VCF, VMware Tanzu and cyber recovery features to help customers implement hardened private clouds, operationalize AI governance and support AI inferencing on a unified platform.
Kyndryl (NYSE: KD) announced it has been named a 2026 CIO 100 Award winner for its AI-driven, patented change risk prediction capability on Kyndryl Bridge, which analyzes proposed technology changes to predict and prevent production risks and has helped reduce change failure rates by an estimated 60–90%.