Kyndryl Holdings Incorporation ( (KD) ) has released its Q3 earnings. Here is a breakdown of the information Kyndryl Holdings Incorporation presented to its investors.
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Kyndryl Holdings, Inc. is the world’s largest IT infrastructure services provider, specializing in designing, building, managing, and modernizing complex information systems for enterprise customers across more than 60 countries.
In its recent third-quarter fiscal 2025 earnings report, Kyndryl posted revenues of $3.74 billion, with a notable increase in net income to $215 million. The company highlighted substantial growth in its Kyndryl Consult segment and raised its earnings and cash flow outlook for the fiscal year.
Key financial metrics revealed a 154% increase in adjusted pretax income to $160 million, while adjusted EBITDA rose by 14% year-over-year to $704 million. The quarter also saw a 10% increase in total signings, amounting to $4.1 billion, and a $300 million revenue contribution from cloud hyperscaler alliances. Kyndryl further enhanced its delivery platform, generating significant cost savings and advancing its strategic goals.
Looking ahead, Kyndryl anticipates a steady growth trajectory, supported by robust signings and margin expansion initiatives. The company expects to achieve constant-currency revenue growth in the fourth quarter and continues to project significant improvements in adjusted earnings and free cash flow for fiscal year 2025.
