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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 (NYSE: KD) launched its new Agentic Modernization services-as-software, built on the Kyndryl Agentic AI Framework and scaled through Kyndryl Bridge. The offering codifies Kyndryl’s mission-critical engineering expertise and AI partner capabilities into pre-defined agentic workflows designed to accelerate and de-risk enterprise modernization while preserving governance and cost visibility.
Kyndryl Bridge, already used by more than 1,400 customers, underpins these services by generating over 16 million AI insights per month and has shown up to 50% reduction in IT incidents. The new services support continuous, expert-guided, AI‑orchestrated modernization across mainframe, distributed, cloud and network environments, with customer case studies citing reduced manual effort, improved code quality and up to 50% faster data center exit timelines.
Kyndryl (NYSE: KD) reported first-quarter fiscal 2027 revenues of $3.6 billion, down 3% year-over-year on both reported and constant-currency bases, for the quarter ended June 30, 2026. The company posted a pretax loss of $69 million and a net loss of $55 million ($0.25 per diluted share), versus pretax income of $92 million and net income of $56 million a year earlier. Adjusted EBITDA was $512 million, with an adjusted pretax loss of $37 million and adjusted net loss of $26 million ($0.12 per diluted share).
Kyndryl incurred $152 million of workforce rebalancing charges in the quarter and expects about $200 million for fiscal 2027, targeting annualized operating expense savings of $400–$500 million in fiscal 2028. Cash used in operations was $310 million, and free cash flow was a use of $401 million. The company ended the quarter with $2.1 billion in cash and equivalents and $4.1 billion of debt. Trailing-twelve-month signings were $14.2 billion, including $3.9 billion in the quarter; hyperscaler-related revenue exceeded $530 million, up 34% year-over-year, and Kyndryl Consult revenue grew 10% year-over-year. Kyndryl repurchased 5.0 million shares for $64 million in the quarter and reaffirmed fiscal 2027 guidance for adjusted pretax income of $600–$700 million, free cash flow of $400–$500 million, and constant-currency revenue ranging from flat to down 2%.
Kyndryl (NYSE: KD) is supporting a multi-county Arizona initiative to enhance community re-entry services for formerly incarcerated individuals, aiming to reduce recidivism and improve public safety. Yavapai County has implemented a modern, multi-jurisdiction re-entry platform, with Mohave and Navajo systems expected to go live soon and Pinal and Coconino counties also committed.
Kyndryl (NYSE: KD) has been Certified™ by Great Place To Work® in 2026 across 11 countries: Canada, Costa Rica, Czechia, France, Germany, Hungary, India, Italy, Japan, Poland and the United States. This is the company’s third consecutive year receiving this certification, based on current employee feedback, and approximately 70% of Kyndryl employees work in a certified country.
Kyndryl also earned the #2 position on the 2026 Global Most Loved Workplaces® list, its fourth consecutive year on that ranking. According to Kyndryl, these recognitions reflect a culture of trust, growth and shared success, and contribute to a total of more than 180 workplace recognitions as of July 2026.
Kyndryl (NYSE: KD) and Aptiv announced a strategic collaboration to modernize mission-critical systems and expand global access to Aptiv’s Wind River technologies. Aptiv has selected Kyndryl to provide advisory, implementation and managed services that incorporate Wind River Cloud Platform, eLxr Pro™, VxWorks® and Helix™ Virtualization Platform.
The partners will develop joint go-to-market initiatives and integrated offerings to support edge AI-driven workloads, private/sovereign cloud requirements and data sovereignty needs. According to the companies, the alliance aims to simplify deployment, enhance security and reliability, and extend the worldwide reach of Wind River products while strengthening Kyndryl’s real-time solutions portfolio.
Kyndryl (NYSE: KD) appointed Ellen Johnson as incoming Chief Financial Officer and Andrew Bonzani as General Counsel and Secretary.
Johnson joins on July 20 and becomes CFO on August 6. Bonzani’s role is effective immediately. Kyndryl plans to file its first-quarter 2027 earnings and Form 10-Q on August 5.
Kyndryl (NYSE: KD) will release results for the quarter ended June 30, 2026, its first quarter of fiscal 2027, on Wednesday, August 5, 2026 at approximately 7:00 a.m. ET.
At 8:30 a.m. ET, leadership will host an earnings conference call and webcast with slides and 12‑month replay.
Kyndryl (NYSE: KD) announced an expansion of its Sovereignty Solutioning in partnership with Microsoft Sovereign Cloud. The joint capabilities help governments and regulated industries design, build and operate cloud architectures that meet evolving data residency, operational and regulatory requirements while supporting modernization, AI-enabled workloads and hybrid environments.
Kyndryl (NYSE: KD) released its second annual People Readiness Report, based on 1,100 leaders in eight countries, showing AI adoption is rising but workforce readiness is slipping.
Only 23% say their workforce is fully ready for AI, down six points from 2025, while 57% report AI is now embedded in core processes.
The study highlights a 9% “Pacesetters” group that redesigns roles, applies change management, and builds workforce readiness, and links stronger governance and training to higher AI-related revenue growth and innovation outcomes.
Kyndryl (NYSE: KD) expanded its multi-year Strategic Collaboration Agreement with AWS to help enterprises adopt and scale agentic AI on AWS while modernizing mission-critical workloads.
The partnership includes AWS investment in Kyndryl’s talent, joint solution engineering, AI specializations and industry-focused modernization capabilities worldwide.