Kyndryl profit margin KD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.
- Net margin, 12 months
- 0.6%
- Operating margin, 12 months
- 2.4%
- Net margin on a year earlier
- −1.4 pts
- Peer median
- 12.0%
Over the twelve months to Jun 30, 2026, Kyndryl kept 0.6% of its revenue as net profit, with an operating margin of 2.4% and a gross margin of 21.8%.
Five years earlier its net margin was −9.5%.
The median for 10 infrastructure software stocks of a similar size is 12.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 1.3% | 3.5% | 21.8% |
| FY2025 | 1.7% | 3.3% | 20.9% |
| FY2024 | −2.1% | −0.4% | 17.8% |
| FY2023 | −8.1% | −4.5% | 14.8% |
| FY2021 | −12.3% | −9.8% | 11.3% |
| FY2020 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | 0.6% | −1.4 pts | 2.4% | |
| Q4 FY26 | 1.3% | −0.4 pts | 3.5% | |
| Q3 FY26 | 1.7% | +0.7 pts | 3.3% | |
| Q2 FY26 | 2.7% | +3.3 pts | 4.1% | |
| Q1 FY26 | 2.0% | +3.2 pts | 3.5% | |
| Q4 FY25 | 1.7% | +3.8 pts | 3.3% | |
| Q3 FY25 | 0.9% | +7.2 pts | 2.3% | |
| Q2 FY25 | −0.6% | +6.1 pts | 1.4% | |
| Q1 FY25 | −1.2% | +6.3 pts | 0.7% | |
| Q4 FY24 | −2.1% | +6.0 pts | −0.4% | |
| Q3 FY24 | −6.3% | −1.2 pts | −1.9% | |
| Q2 FY24 | −6.7% | +1.8 pts | −3.1% |
Against its peers
Companies in Software - Infrastructure nearest Kyndryl's size, closest first, today.
| Company | Profit margin |
|---|---|
| KDKyndryl | 0.6% |
| ALRMAlarm.com | 11.1% |
| SPSCSPS Commerce | 10.1% |
| AGYSAgilysys | 13.0% |
| AVPTAvePoint | 15.3% |
| NTCTNetscout Systems | 13.7% |
| FRSHFreshworks | 20.5% |
| BLKBBlackbaud | 13.1% |
| NCNOnCino | 5.4% |
| QTWOQ2 | 10.9% |
| CCCCCC Intelligent Solutions | 3.8% |
| Peer median | 12.0% |
Where Kyndryl ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Kyndryl
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.