Kyndryl FY27 Q1 swings to net loss of $55 million; revenue falls 3% to $3.6 billion

• Kyndryl posted a GAAP net loss of $55 million, or $(0.25) a share, on revenue of $3.6 billion, down 3% year over year.
• GAAP pretax results swung to a $69 million loss; results included $152 million of workforce rebalancing charges.
• Non-GAAP adjusted EBITDA fell to $512 million from a year earlier; non-GAAP adjusted net loss was $26 million, or $(0.12) a share.
• Trailing 12-month signings totaled $14.2 billion, including $3.9 billion in the quarter; hyperscaler-related revenue rose 34% to more than $530 million.
• Fiscal 2027 outlook was reaffirmed, including non-GAAP adjusted pretax income of $600 million-$700 million and free cash flow of $400 million-$500 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kyndryl Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608050705PR_NEWS_USPR_____NY19532) on August 05, 2026, and is solely responsible for the information contained therein.