Kyndryl Announces Filing of Form 10-Q for Quarter Ended December 31, 2025

Kyndryl (NYSE: KD) filed its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 and amended its Form 10-K for fiscal year ended March 31, 2025 plus prior 10-Qs for June 30 and September 30, 2025.

Rhea-AI Summary

Kyndryl (NYSE: KD) filed its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 and amended its Form 10-K for fiscal year ended March 31, 2025 plus prior 10-Qs for June 30 and September 30, 2025.

The company disclosed material weaknesses in internal control over financial reporting related to disclosure processes and certain cash management practices, including deferring vendor payments quarter to quarter. There is no restatement of current or prior-period financial statements and the company disclosed a remediation plan. According to the company, its financial position remains strong while teams continue delivering mission-critical services and pursuing multi-year performance objectives.

Positive

• Form 10-Q filed for quarter ended December 31, 2025
• No restatement of current or previously reported financial statements
• Remediation plan disclosed to enhance internal controls
• Company reports a strong financial position

Negative

• Material weaknesses in internal control over financial reporting disclosed
• Cash management practice of deferring vendor payments quarter to quarter disclosed
• Amendments to prior 10-K and 10-Qs signal prior disclosure/control deficiencies

Argus Feb 17 session

+11.03% close to close Open Argus

Details

News Market Reaction – KD

On Feb 17, the day this news came out, KD closed 11.03% above the previous close.

Data tracked by StockTitan Argus for the Feb 17 session.

Historical Context

5 past events · Latest: Feb 13

5 events

1. Feb 13

   Class action notice

   24h Move

   +7.9%

   Notice of securities class action and approaching application deadline.

2. Feb 12

   Banking IT contract

   24h Move

   -6.4%

   Long-term core banking modernization deal for Yamaguchi Financial Group.

3. Feb 12

   Cyber recovery launch

   24h Move

   -6.4%

   Launch of Kyndryl Intelligent Recovery Service to enhance cyber resilience.

4. Feb 11

   Accounting investigation

   24h Move

   +9.0%

   Coverage of accounting investigation into cash management practices.

5. Feb 11

   AI governance launch

   24h Move

   +9.0%

   Introduction of agentic AI workflow governance capabilities for regulated users.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

form 10-q, form 10-k, internal control over financial reporting, material weaknesses

4 terms

form 10-q regulatory

"announced that it has filed its Quarterly Report on Form 10-Q (the Form 10-Q) for the quarter ended"

A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.

form 10-k regulatory

"filed amendments to its Annual Report on Form 10-K for the fiscal year ended March 31, 2025"

A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.

internal control over financial reporting regulatory

"material weaknesses in its internal control over financial reporting related to its disclosure processes"

Internal control over financial reporting is a company’s system of procedures and checks designed to make sure its financial statements are accurate and complete, like a set of guardrails and verification steps that catch mistakes or fraud before numbers are published. Investors care because strong controls make reported results more trustworthy, lower the risk of surprise restatements or regulatory problems, and give greater confidence when valuing the company or comparing it to peers.

material weaknesses regulatory

"disclosed material weaknesses in its internal control over financial reporting related to its disclosure"

Material weaknesses are significant flaws in a company’s systems for ensuring its financial reports are accurate and reliable. Like a broken lock on a safe, they increase the chance that financial statements contain big errors or omissions, which can mislead investors about performance and risk; discovering one often raises questions about management oversight, may lead to restated results, and can affect investor confidence and a company’s valuation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

No restatement of current period or any previously reported financial statements

NEW YORK, Feb. 17, 2026 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced that it has filed its Quarterly Report on Form 10-Q (the Form 10-Q) for the quarter ended December 31, 2025. The Company also filed amendments to its Annual Report on Form 10-K for the fiscal year ended March 31, 2025 and to its Forms 10-Q for the quarters ended June 30, 2025 and September 30, 2025. There has been no restatement of current period or any previously reported financial statements.

In the filings, the Company disclosed material weaknesses in its internal control over financial reporting related to its disclosure processes, including with respect to certain cash management practices regarding deferring vendor payments quarter to quarter. The Company has disclosed a remediation plan to continuously enhance and update related internal controls.

The Company's financial position remains strong. Kyndryl's global team remains laser-focused on delivering mission-critical services for customers and meeting its multi-year performance objectives.

About Kyndryl
Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services, offering advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the Company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Forward Looking and Cautionary Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  All statements other than statements of historical fact included in this press release, including statements concerning the Company's plans, objectives, goals and the remediation of material weaknesses in internal control over financial reporting, are forward-looking statements.  Such forward-looking statements often contain words such as  "aim," "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "may," "objectives," "opportunity," "plan," "position," "predict," "project," "should," "seek," "target," "will," "would" and other similar words or expressions or the negative thereof or other variations thereon.  Forward-looking statements are based on the Company's current assumptions and beliefs regarding future business, financial performance and the matters discussed in this press release.  The Company's actual business, financial condition, results of operations, reputation or prospects may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties, which include among others: the Company's inability to meet its business and performance objectives, its inability to remediate the existing material weaknesses and other risk and uncertainties described in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2025 and quarterly report on Form 10-Q for the quarter ended December 31, 2025, as such factors may be updated from time to time in the Company's subsequent filings with the SEC. Any forward-looking statement in this press release speak only as of the date on which it is made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact:
press@kyndryl.com

Investor Contact:
investors@kyndryl.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/kyndryl-announces-filing-of-form-10-q-for-quarter-ended-december-31-2025-302689475.html

SOURCE Kyndryl

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Kyndryl (KD) disclose in its Form 10-Q for the quarter ended December 31, 2025?

Kyndryl disclosed material weaknesses in internal control over financial reporting and a remediation plan. According to the company, amendments were also filed to the March 31, 2025 10-K and prior 10-Qs, and there is no restatement of reported financial statements.

Does Kyndryl (KD) restate prior financial statements after the February 17, 2026 filing?

No, Kyndryl did not restate current or previously reported financial statements. According to the company, amendments were filed but no restatements were required and a remediation plan was disclosed to address control weaknesses.

What internal control issues did Kyndryl (KD) report in the February 17, 2026 filing?

Kyndryl reported material weaknesses tied to disclosure processes and certain cash management practices. According to the company, the issues include deferring vendor payments quarter to quarter and related disclosure-process gaps.

How will Kyndryl (KD) address the material weaknesses disclosed on February 17, 2026?

Kyndryl disclosed a remediation plan to continuously enhance and update related internal controls. According to the company, the plan targets disclosure processes and cash management practices to strengthen reporting controls.

Does the February 17, 2026 filing affect Kyndryl's (KD) reported financial strength?

The company states its financial position remains strong despite control disclosures. According to the company, teams remain focused on delivering services and meeting multi-year performance objectives while controls are remediated.