Overview
Kyndryl Holdings, Inc. is an information technology services company focused on designing, building, managing, and modernizing mission-critical IT systems for businesses. Its services include advisory, implementation, and managed services across cloud, core enterprise systems, applications, data and AI, digital workplace, security and resiliency, and network and edge. The company describes its purpose as advancing the vital systems that power human progress.[1][2][3][4][5][6][7][8][9]
Kyndryl serves customers in more than 60 countries and reported approximately 72,000 employees as of March 31, 2026. Its FY2026 revenue was approximately $15.1 billion, with operations reported across the United States, Japan, Principal Markets, and Strategic Markets. Kyndryl was formed in November 2021 through its spin-off from IBM.[1][10][11][12] [1][2][3][4][5][6][7][8][9][10][11][12]
Products & services
Kyndryl’s offerings are primarily technology services rather than separately reported products. Its six service practices are Cloud; Core Enterprise; Applications, Data & AI; Digital Workplace; Security & Resiliency; and Network & Edge. Kyndryl Consult provides advisory and implementation services, while Kyndryl Bridge is an AI-powered, open-integration digital business platform that uses machine learning to identify risks and provide recommendations to help teams resolve issues.[2][13]
Cloud services design, build and manage on-premises, private, public and hybrid multicloud environments. Core Enterprise services modernize and operate mainframes and other mission-critical systems, including AI-assisted analysis and code transformation. Applications, Data & AI services cover application modernization, data management and AI-enabled workflows, with governance, security and compliance capabilities.[14][4][5] Digital Workplace offerings include technology infrastructure, mobility, security and access services. Security & Resiliency covers cybersecurity, business continuity and disaster recovery, including automated recovery orchestration and zero-trust architectures; Network & Edge includes cloud and data-center connectivity, secure access service edge (SASE), private wireless and network automation.[6][7][8]
The company reported $15.092 billion in FY2026 revenue, but did not provide a revenue-percentage breakdown by product or service practice.[15] [2][13][14][4][5][6][7][8][15]
Geographic presence
Kyndryl reports four geographic operating segments: United States; Japan; Principal Markets (Canada, France, Germany, India, Italy, Spain/Portugal, and UK/Ireland); and Strategic Markets, comprising its other operating countries, including Latin America, Benelux, ASEAN, and Australia/New Zealand.[16][17][18][19]
For FY2026, segment revenue was $3.784 billion in the United States (25.1% of the $15.092 billion segment total), $2.284 billion in Japan (15.1%), $5.399 billion in Principal Markets (35.8%), and $3.625 billion in Strategic Markets (24.0%). These are management-defined geographic segments; the filing does not provide a finer country-level revenue breakdown.[11][20]
Kyndryl reports approximately 72,000 employees and serves customers in more than 60 countries. Its website provides a country-organized office directory, but no consolidated office count or employee distribution by geography. The company lists its principal executive office in New York City.[21][22][23] [16][17][18][19][11][20][21][22][23][21][22]
Business segments
For FY2026, Kyndryl reported four geographic segments: United States, Japan, Principal Markets, and Strategic Markets. Their combined revenue was $15.092 billion. The United States generated $3.784 billion (approximately 25.1%) and Japan $2.284 billion (15.1%).[24][16][11]
Principal Markets comprises Canada, France, Germany, India, Italy, Spain/Portugal, and the U.K./Ireland; it contributed $5.399 billion, or approximately 35.8%, of segment revenue. Strategic Markets comprises the other operating countries, including Latin America, Benelux, ASEAN, and Australia/New Zealand; it contributed $3.625 billion (24.0%). These segments classify the business by geography rather than by service offering.[17][18][19][11]
Kyndryl also describes service areas including Cloud, Core Enterprise, Applications, Data & AI, Digital Workplace, Security & Resiliency, and Network & Edge. These are not separately reported revenue segments, and the cited FY2026 reporting does not provide revenue percentages for them.[25][26][27][28][29][30] [24][16][11][17][18][19][25][26][27][28][29][30]
Company history
Kyndryl originated in IBM’s Global Technology Services infrastructure-services business. IBM announced the planned independent company in January 2021 and named it Kyndryl in April. Kyndryl was formed as an IBM subsidiary in September 2021; in November, IBM distributed 80.1% of its shares to IBM shareholders, and Kyndryl began trading independently on the New York Stock Exchange under the ticker KD. IBM later divested its remaining stake.[31][32][12][33][34]
After separation, Kyndryl built partnerships including a strategic alliance with AWS in 2022. In 2024 it acquired Skytap, expanding its hybrid-cloud portfolio. In September 2026, it completed the acquisition of Healthcare IT Leaders, extending its services in healthcare technology.[35][36][37] [12][34][31][32][33][35][36][37]
Sources
Continue your research
From company context to financial detail.
Explore original sources and worldwide fundamental financial data and intelligence with Finbar.
Explore Kyndryl Holdings, Inc. in Finbar ↗