Income Statement (TTM)
Kyndryl Holdings, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 19,352 | 19,338 | 19,306 | 19,029 | 18,657 | 18,317 | 17,854 | 17,454 | 17,202 | 17,026 | 16,931 | 16,825 | 16,457 | 16,052 | 15,598 | 15,299 | 15,107 | 15,057 | 15,061 |
| Change (%) | -0.07 | -0.17 | -1.43 | -1.95 | -1.82 | -2.53 | -2.24 | -1.44 | -1.02 | -0.56 | -0.63 | -2.19 | -2.46 | -2.83 | -1.92 | -1.25 | -0.33 | 0.03 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 17,137 | 17,188 | 17,082 | 16,826 | 16,550 | 16,076 | 15,571 | 15,113 | 14,709 | 14,427 | 14,199 | 14,008 | 13,585 | 13,166 | 12,651 | 12,253 | 12,052 | 11,869 | 11,882 |
| Change (%) | 0.30 | -0.62 | -1.50 | -1.64 | -2.86 | -3.14 | -2.94 | -2.67 | -1.92 | -1.58 | -1.35 | -3.02 | -3.08 | -3.91 | -3.15 | -1.64 | -1.52 | 0.11 | |
| % of Revenue | 88.55 | 88.88 | 88.48 | 88.42 | 88.71 | 87.77 | 87.21 | 86.59 | 85.51 | 84.74 | 83.86 | 83.26 | 82.55 | 82.02 | 81.11 | 80.09 | 79.78 | 78.83 | 78.89 |
| Gross Operating Profit | 2,215 | 2,150 | 2,224 | 2,203 | 2,107 | 2,261 | 2,283 | 2,341 | 2,493 | 2,599 | 2,732 | 2,817 | 2,872 | 2,886 | 2,947 | 3,046 | 3,055 | 3,188 | 3,179 |
| Change (%) | -2.93 | 3.44 | -0.94 | -4.36 | 7.31 | 0.97 | 2.54 | 6.49 | 4.25 | 5.12 | 3.11 | 1.95 | 0.49 | 2.11 | 3.36 | 0.30 | 4.35 | -0.28 | |
| % of Revenue | 11.45 | 11.12 | 11.52 | 11.58 | 11.29 | 12.34 | 12.79 | 13.41 | 14.49 | 15.26 | 16.14 | 16.74 | 17.45 | 17.98 | 18.89 | 19.91 | 20.22 | 21.17 | 21.11 |
| SG&A | 3,887 | 3,734 | 3,432 | 3,466 | 2,810 | 2,800 | 2,797 | 2,829 | 2,919 | 2,945 | 3,025 | 2,975 | 2,822 | 2,770 | 2,651 | 2,665 | 2,716 | 2,606 | 2,594 |
| Change (%) | -3.94 | -8.09 | 0.99 | -18.93 | -0.36 | -0.11 | 1.14 | 3.18 | 0.89 | 2.72 | -1.65 | -5.14 | -1.84 | -4.30 | 0.53 | 1.91 | -4.05 | -0.46 | |
| % of Revenue | 20.09 | 19.31 | 17.78 | 18.21 | 15.06 | 15.29 | 15.67 | 16.21 | 16.97 | 17.30 | 17.87 | 17.68 | 17.15 | 17.26 | 17.00 | 17.42 | 17.98 | 17.31 | 17.22 |
| R&D | -20 | 66 | 61 | ||||||||||||||||
| Change (%) | -438.46 | -7.58 | |||||||||||||||||
| % of Revenue | -0.10 | 0.34 | 0.32 | ||||||||||||||||
| OpEx | 21,024 | 20,915 | 20,602 | 20,353 | 19,360 | 18,856 | 18,368 | 17,942 | 17,628 | 17,372 | 17,224 | 16,983 | 16,407 | 15,936 | 15,302 | 14,918 | 14,768 | 14,475 | 14,476 |
| Change (%) | -0.52 | -1.50 | -1.21 | -4.88 | -2.60 | -2.59 | -2.32 | -1.75 | -1.45 | -0.85 | -1.40 | -3.39 | -2.87 | -3.98 | -2.51 | -1.01 | -1.98 | 0.01 | |
| % of Revenue | 108.64 | 108.15 | 106.71 | 106.96 | 103.77 | 102.94 | 102.88 | 102.80 | 102.48 | 102.03 | 101.73 | 100.94 | 99.70 | 99.28 | 98.10 | 97.51 | 97.76 | 96.13 | 96.12 |
| Operating Income | -1,672 | -1,576 | -1,296 | -1,324 | -703 | -537 | -514 | -488 | -426 | -346 | -293 | -158 | 50 | 116 | 296 | 381 | 339 | 582 | 585 |
| Change (%) | -5.71 | -17.79 | 2.16 | -46.90 | -23.61 | -4.28 | -5.06 | -12.70 | -18.78 | -15.32 | -46.08 | -131.65 | 132.00 | 155.17 | 28.72 | -11.02 | 71.68 | 0.52 | |
| % of Revenue | -8.64 | -8.15 | -6.71 | -6.96 | -3.77 | -2.93 | -2.88 | -2.80 | -2.48 | -2.03 | -1.73 | -0.94 | 0.30 | 0.72 | 1.90 | 2.49 | 2.24 | 3.87 | 3.88 |
| Interest Expense | -63 | -62 | -61 | -62 | -64 | -71 | -76 | -77 | -86 | -94 | -103 | -117 | -121 | -122 | -121 | -114 | -107 | -100 | -91 |
| Change (%) | -2.38 | -0.81 | 1.64 | 3.23 | 10.94 | 7.04 | 1.32 | 11.69 | 9.30 | 9.57 | 13.59 | 3.42 | 0.83 | -0.82 | -5.79 | -6.14 | -6.54 | -9.00 | |
| % of Revenue | -0.33 | -0.32 | -0.32 | -0.33 | -0.34 | -0.39 | -0.43 | -0.44 | -0.50 | -0.55 | -0.61 | -0.70 | -0.74 | -0.76 | -0.78 | -0.75 | -0.71 | -0.66 | -0.60 |
| Net Income | -2,007 | -1,978 | -1,843 | -2,297 | -2,304 | -2,039 | -1,900 | -1,491 | -866 | -1,374 | -1,265 | -1,126 | -1,032 | -340 | -188 | -89 | 138 | 252 | 297 |
| Change (%) | -1.47 | -6.80 | 24.63 | 0.30 | -11.50 | -6.82 | -21.53 | -41.92 | 58.66 | -7.93 | -10.99 | -8.35 | -67.05 | -44.71 | -52.66 | -255.06 | 82.61 | 17.86 | |
| % of Revenue | -10.37 | -10.23 | -9.55 | -12.07 | -12.35 | -11.13 | -10.64 | -8.54 | -5.03 | -8.07 | -7.47 | -6.69 | -6.27 | -2.12 | -1.21 | -0.58 | 0.91 | 1.67 | 1.97 |
Source: Capital IQ
