Kyndryl Holdings, Inc.
KD · Services-Computer Integrated Systems Design · 219.9M shares · +1%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$2M (gross $93M, SBC $95M)
Reference price $26.69 · est. market cap ~$5.9B — last insider sale, 2025-12-05 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C52IT-infrastructure-services company (IBM spinoff) — low-margin with positive operating cash flow but high leverage.
Strengths
- Positive operating cash flow, scale — OCF margin 6% (35th)
Risks
- Low margins — gross margin 22%
- High leverage, thin liquidity — D/E 4.85 (90th), current ratio 0.88 (21st)
- Secular IT-outsourcing pressure / turnaround risk — per 10-K
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- High leverageHigh leverage (debt/equity 4.85)
- Weak liquidityCurrent ratio 0.88 (<1)
- Material weaknessIn addition, as previously disclosed, the Company identified material weaknesses in internal control over financial reporting
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Notable holderHeld by 4 notable fund(s): FMR LLC, STATE STREET CORP, CITADEL ADVISORS LLC +1 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
21.8%
Net margin
1.3%
Return on equity
16.9%
Return on assets
1.6%
Revenue growth (QoQ)
-2.3%
Net-income growth
-21.4%
Debt / equity
4.9×
Current ratio
0.9×
Tangible book value
$224M
Cash & investments
$2.6B
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-03 | Ringes Mark | Tax withheld | 525 | $12.25 |
| 2026-06-03 | Keinan Elly | Tax withheld | 14K | $12.25 |
| 2026-06-03 | Schroeter Martin J | Tax withheld | 19K | $12.25 |
| 2026-06-03 | Chugh Harsh | Tax withheld | 651 | $12.25 |
| 2026-06-03 | Paulek Mark D | Tax withheld | 437 | $12.25 |
| 2026-06-02 | Schroeter Martin J | Tax withheld | 21K | $12.62 |
| 2026-06-02 | Chugh Harsh | Tax withheld | 1.2K | $12.62 |
| 2026-06-02 | Paulek Mark D | Tax withheld | 598 | $12.62 |
| 2026-06-02 | Keinan Elly | Tax withheld | 11K | $12.62 |
| 2026-06-02 | Ringes Mark | Tax withheld | 742 | $12.62 |
| 2026-06-01 | Paulek Mark D | Grant | 28K | — |
| 2026-06-01 | Doegar Bhavna | Grant | 20K | — |
| 2026-06-01 | Ringes Mark | Grant | 25K | — |
| 2026-06-01 | Chugh Harsh | Grant | 55K | — |
| 2026-06-01 | Keinan Elly | Grant | 248K | — |
| 2026-06-01 | Schroeter Martin J | Grant | 496K | — |
| 2026-05-28 | Paulek Mark D | Grant | 37K | — |
| 2026-05-28 | Paulek Mark D | Tax withheld | 11K | $12.16 |
| 2026-05-28 | Ringes Mark | Grant | 10K | — |
| 2026-05-28 | Ringes Mark | Tax withheld | 3.6K | $12.16 |
| 2026-05-28 | Chugh Harsh | Grant | 41K | — |
| 2026-05-28 | Chugh Harsh | Tax withheld | 9.9K | $12.16 |
| 2026-05-28 | Keinan Elly | Grant | 309K | — |
| 2026-05-28 | Keinan Elly | Tax withheld | 159K | $12.16 |
| 2026-05-28 | Schroeter Martin J | Grant | 428K | — |
| 2026-05-28 | Schroeter Martin J | Tax withheld | 206K | $12.16 |
| 2026-03-02 | Ringes Mark | Grant | 20K | — |
| 2026-03-02 | Doegar Bhavna | Grant | 69K | — |
| 2026-03-02 | Doegar Bhavna | Grant | 24K | — |
| 2026-03-02 | Chugh Harsh | Grant | 40K | — |
| 2025-12-16 | Wyshner David B | Tax withheld | 12K | $26.37 |
| 2025-12-16 | Khurana Vineet | Tax withheld | 2.2K | $26.37 |
| 2025-12-16 | CHARBONNIER MARYJO | Tax withheld | 2.9K | $26.37 |
| 2025-12-16 | Sebold Edward | Tax withheld | 4.3K | $26.37 |
| 2025-12-16 | Keinan Elly | Tax withheld | 24K | $26.37 |
| 2025-12-16 | Schroeter Martin J | Tax withheld | 30K | $26.37 |
| 2025-12-05 | Khurana Vineet | Sell | 6.6K | $26.69 |
| 2025-08-01 | CHARBONNIER MARYJO | Tax withheld | 4.2K | $36.58 |
| 2025-08-01 | CHARBONNIER MARYJO | Tax withheld | 3.3K | $36.58 |
| 2025-08-01 | Sebold Edward | Tax withheld | 6.2K | $36.58 |
| 2025-08-01 | Sebold Edward | Tax withheld | 4.9K | $36.58 |
| 2025-08-01 | Wyshner David B | Tax withheld | 17K | $36.58 |
| 2025-08-01 | Wyshner David B | Tax withheld | 13K | $36.58 |
| 2025-08-01 | Keinan Elly | Tax withheld | 36K | $36.58 |
| 2025-08-01 | Keinan Elly | Tax withheld | 28K | $36.58 |
| 2025-08-01 | Schroeter Martin J | Tax withheld | 44K | $36.58 |
| 2025-08-01 | Schroeter Martin J | Tax withheld | 35K | $36.58 |
| 2025-08-01 | Khurana Vineet | Tax withheld | 3.2K | $36.58 |
| 2025-08-01 | Khurana Vineet | Tax withheld | 2.5K | $36.58 |
| 2025-07-31 | JACKSON SHIRLEY A | Grant | 6.3K | $38.12 |
| 2025-07-31 | Ungerleider Howard I | Grant | 6.3K | $38.12 |
| 2025-07-31 | HARRIS JOHN D | Grant | 6.3K | $38.12 |
| 2025-07-31 | Caruso Dominic J | Grant | 6.3K | $38.12 |
| 2025-07-31 | Merchant Rahul N | Grant | 6.3K | $38.12 |
| 2025-07-31 | Schreuder Jana R | Grant | 6.3K | $38.12 |
| 2025-07-31 | Machuel Denis | Grant | 6.3K | $38.12 |
| 2025-07-31 | Hester Stephen A. M. | Grant | 6.3K | $38.12 |
| 2025-07-31 | Kugel Janina | Grant | 6.3K | $38.12 |
| 2025-07-25 | Hester Stephen A. M. | Tax withheld | 1.9K | $38.74 |
| 2025-07-25 | Kugel Janina | Tax withheld | 1.0K | $38.74 |
| 2025-07-25 | Machuel Denis | Tax withheld | 1.2K | $38.74 |
| 2025-06-03 | CHARBONNIER MARYJO | Tax withheld | 1.7K | $39.43 |
| 2025-06-03 | Wyshner David B | Tax withheld | 6.8K | $39.43 |
| 2025-06-03 | Keinan Elly | Tax withheld | 14K | $39.43 |
| 2025-06-03 | Sebold Edward | Tax withheld | 2.5K | $39.43 |
| 2025-06-03 | Khurana Vineet | Tax withheld | 1.3K | $39.43 |
| 2025-06-03 | Schroeter Martin J | Tax withheld | 19K | $39.43 |
| 2025-06-02 | CHARBONNIER MARYJO | Grant | 14K | — |
| 2025-06-02 | Wyshner David B | Grant | 45K | — |
| 2025-06-02 | Sebold Edward | Grant | 18K | — |
| 2025-06-02 | Schroeter Martin J | Grant | 163K | — |
| 2025-06-02 | Khurana Vineet | Grant | 7.2K | — |
| 2025-06-02 | Khurana Vineet | Grant | 25K | — |
| 2025-06-02 | Khurana Vineet | Sell | 2.4K | $39.07 |
| 2025-06-02 | Khurana Vineet | Sell | 22K | $39.14 |
| 2025-06-02 | Khurana Vineet | Sell | 1.8K | $39.21 |
| 2025-06-02 | Keinan Elly | Grant | 81K | — |
| 2025-06-02 | Keinan Elly | Grant | 233K | — |
| 2025-05-29 | Khurana Vineet | Grant | 49K | — |
| 2025-05-29 | Khurana Vineet | Tax withheld | 25K | $38.76 |
| 2025-05-29 | Schroeter Martin J | Grant | 680K | — |
| 2025-05-29 | Schroeter Martin J | Tax withheld | 347K | $38.76 |
| 2025-05-29 | Keinan Elly | Grant | 492K | — |
| 2025-05-29 | Keinan Elly | Tax withheld | 272K | $38.76 |
| 2025-05-29 | Sebold Edward | Grant | 97K | — |
| 2025-05-29 | Sebold Edward | Tax withheld | 49K | $38.76 |
| 2025-05-29 | CHARBONNIER MARYJO | Grant | 65K | — |
| 2025-05-29 | CHARBONNIER MARYJO | Tax withheld | 33K | $38.76 |
| 2025-05-29 | Wyshner David B | Grant | 259K | — |
| 2025-05-29 | Wyshner David B | Tax withheld | 133K | $38.76 |
| 2025-02-06 | Khurana Vineet | Sell | 900 | $42.37 |
| 2025-02-06 | Khurana Vineet | Sell | 800 | $42.44 |
| 2025-02-06 | Khurana Vineet | Sell | 4.0K | $42.57 |
| 2025-02-06 | Khurana Vineet | Sell | 3.1K | $42.64 |
| 2025-02-06 | Khurana Vineet | Sell | 5.8K | $42.74 |
| 2025-02-06 | Khurana Vineet | Sell | 6.9K | $42.85 |
| 2025-02-06 | Khurana Vineet | Sell | 13K | $42.95 |
| 2025-02-06 | Khurana Vineet | Sell | 7.6K | $43.03 |
| 2025-02-06 | Khurana Vineet | Sell | 1.8K | $43.15 |
| 2025-02-06 | Khurana Vineet | Sell | 206 | $43.23 |
| 2025-02-06 | Khurana Vineet | Option exercise | 11K | $17.78 |
| 2025-02-06 | Khurana Vineet | Sell | 11K | $42.65 |
| 2025-02-06 | Sebold Edward | Sell | 618 | $42.35 |
| 2025-02-06 | Sebold Edward | Sell | 1.6K | $42.47 |
| 2025-02-06 | Sebold Edward | Sell | 2.0K | $42.58 |
| 2025-02-06 | Sebold Edward | Sell | 3.4K | $42.62 |
| 2025-02-06 | Sebold Edward | Sell | 3.0K | $42.75 |
| 2025-02-06 | Sebold Edward | Sell | 3.7K | $42.84 |
| 2025-02-06 | Sebold Edward | Sell | 7.5K | $42.95 |
| 2025-02-06 | Sebold Edward | Sell | 4.4K | $43.04 |
| 2025-02-06 | Sebold Edward | Sell | 1.2K | $43.15 |
| 2025-02-01 | Wyshner David B | Option exercise | 58K | — |
| 2025-02-01 | Wyshner David B | Tax withheld | 26K | $37.70 |
| 2025-02-01 | Sebold Edward | Option exercise | 22K | — |
| 2025-02-01 | Sebold Edward | Tax withheld | 7.8K | $37.70 |
| 2025-02-01 | Schroeter Martin J | Option exercise | 152K | — |
| 2025-02-01 | Schroeter Martin J | Tax withheld | 74K | $37.70 |
| 2025-02-01 | Khurana Vineet | Option exercise | 11K | — |
| 2025-02-01 | Khurana Vineet | Tax withheld | 4.1K | $37.70 |
| 2025-02-01 | Keinan Elly | Option exercise | 110K | — |
| 2025-02-01 | Keinan Elly | Tax withheld | 57K | $37.70 |
| 2025-02-01 | CHARBONNIER MARYJO | Option exercise | 14K | — |
| 2025-02-01 | CHARBONNIER MARYJO | Tax withheld | 5.4K | $37.70 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-K | 2026-05-29 | 2026-03-31 | 0001104659-26-067881 ↗ |
| 8-K | 2026-05-06 | 2026-05-05 | 0001104659-26-055902 ↗ |
| 10-Q/A | 2026-02-17 | 2025-06-30 | 0001104659-26-015727 ↗ |
| 10-Q/A | 2026-02-17 | 2025-09-30 | 0001104659-26-015733 ↗ |
| 8-K/A | 2026-02-17 | 2026-02-05 | 0001104659-26-015755 ↗ |
| 10-K/A | 2026-02-17 | 2025-03-31 | 0001104659-26-015713 ↗ |
| 10-Q | 2026-02-17 | 2025-12-31 | 0001104659-26-015743 ↗ |
| 8-K | 2026-02-09 | 2026-02-09 | 0001104659-26-011753 ↗ |
| 8-K | 2026-02-09 | 2026-02-05 | 0001104659-26-011745 ↗ |
| 8-K | 2026-01-06 | 2026-01-02 | 0001104659-26-001053 ↗ |
| 10-Q | 2025-11-05 | 2025-09-30 | 0001104659-25-107022 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0001104659-25-106310 ↗ |