Kyndryl Q3 Earnings Call Highlights

1 month ago 18

MarketBeat

Mon, February 9, 2026 astatine 10:19 AM CST 8 min read

Kyndryl logo

Kyndryl reported Q3 gross of $3.9 cardinal (up 3% reported, level successful changeless currency) with adjusted EBITDA of $696 cardinal and adjusted pre-tax income of $168 million, generated $217 cardinal of escaped currency flow, and named Harsh Chugh arsenic interim CFO.
Kyndryl Consult remained a cardinal maturation motor (20% y/y successful changeless currency, 25% of revenue) portion hyperscaler-related gross roseate 58% y/y to $500 million, supported by operational programs similar Kyndryl Bridge and relationship remediation that absorption says are driving important annualized savings.
The institution revised its fiscal 2026 guidance to $575–600 cardinal adjusted pre-tax income and ~17.5% adjusted EBITDA margin, citing longer income cycles, a 3.5-point gross headwind from its evolving IBM relationship, investments for Consult growth, and an ongoing SEC-related reappraisal that has delayed its quarterly filing (no restatement expected).
Interested successful Kyndryl Holdings, Inc.? Here are 5 stocks we similar better.

MarketBeat Week successful Review – 02/17 - 02/21

Kyndryl (NYSE:KD) reported third-quarter fiscal 2026 results that absorption said reflected borderline expansion, higher earnings, and affirmative escaped currency flow, adjacent arsenic longer income cycles and changes successful lawsuit depletion of IBM offerings pressured its second-half outlook.

On the call, CEO Martin Schroeter said the institution delivered 3% gross maturation year-over-year connected a reported basis, though results were unchanged successful changeless currency. He besides announced enactment changes, including the assignment of Harsh Chugh arsenic interim main fiscal officer.

→ IREN Earnings Were Ugly—Is a Beautiful Future Already Funded?

Kyndryl Soars connected AI, Cybersecurity Growth—What’s Next?

Chugh said quarterly gross was $3.9 billion, up 3% year-over-year connected a reported ground and level successful changeless currency. He noted gross was up 3 points sequentially but “behind what we were expecting,” with variances concentrated successful Strategic Markets and the company’s UK operations.

Kyndryl Consult remained a cardinal maturation driver. Chugh said Kyndryl Consult grew 20% year-over-year successful changeless currency and represented 25% of full gross successful the quarter, which helium said underscores the company’s displacement toward higher-value services.

→ Nintendo Stock Falls 20%—But the Rebound Case Is Growing

MarketBeat Week successful Review – 9/25 - 9/29

Signings totaled $3.9 cardinal successful the quarter, including 11 contracts larger than $50 million, according to Schroeter. While signings declined 3% year-over-year, trailing 12-month signings were $15.4 billion, and absorption said its trailing 12-month gross book-to-bill remained supra 1.0x.