Kyndryl Holdings, Inc.

KDNYSETechnology● Active

$11.81

+$0.19(+1.63%)

Market Cap$2.6B

P/E Ratio—

52W High$44.2

52W Low$10.1

Avg Volume4.0M

Open$11.72

Beta1.73

Overview

Kyndryl Holdings, Inc. (KD) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

KD · free cash flow · updated Jun 8, 2026

Core FCF metrics

KD · FCF · TTM · margin & CAGR

Free cash flow was $340.0M for FY2026 (fiscal year ending 2026-03-31), up 0.9% year-over-year The FCF margin was 2.3%.

FY2026 Free Cash Flow$340.0M▲ +0.9% YoY

Trailing 12M (TTM)$340.0Mtrailing 4 quarters sum

FCF Margin2.3%$340.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

KD · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$948.0M(608M)$340.0M▲ +0.9%2.3%

FY2025$942.0M(605M)$337.0M▲ +271.1%2.2%

FY2024$454.0M(651M)−$197.0M▲ +0.0%-1.2%

FY2023$454.0M(651M)−$197.0M▲ +77.4%-1.2%

FY2021−$119.0M(752M)−$871.0M▼ 113.5%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

KD · P/FCF · FCF yield · FCF per share

Kyndryl Holdings, Inc. (KD) trades at a FCF yield of 13.30% and a price-to-free-cash-flow ratio of 7.9x. FCF per share stands at $1.49, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

13.30%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.49

TTM FCF ÷ Shares Outstanding

Price / FCF

x7.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x14.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-03-31

Cash flow statement summary

KD · cash flow statement · operating / investing / financing

For FY2026, Kyndryl Holdings, Inc. generated $948.0M in operating cash flow and spent 608M in capital expenditures, yielding $340.0M in free cash flow.

Operating Activities

+$948.0M

Cash from core business operations

2026-03-31

Investing Activities

−$561.0M

CapEx, acquisitions & investments

2026-03-31

Financing Activities

+$457.0M

Buybacks, dividends & debt

2026-03-31

FCF FormulaOperating CF ($948.0M) − |CapEx| (608M) = FCF ($340.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

KD vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Kyndryl Holdings, Inc.YOU

$340.0M+0.9%2.3%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Kyndryl Holdings, Inc. (KD) reported free cash flow of $340.0M for FY2026 (fiscal year ending 2026-03-31), up 0.9% year-over-year. The FCF margin was 2.3%.

Based on available data, Kyndryl Holdings, Inc. has maintained positive free cash flow for at least 2 fiscal year(s). FCF peaked at $340.0M in FY2026.

Kyndryl Holdings, Inc.'s FCF yield is 13.30% and price-to-FCF ratio is 7.9x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

KD free cash flow · 8 questions

Kyndryl Holdings, Inc. free cash flow was $340.0M for FY2026, up 0.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $340.0M.

KD free cash flowKD FCFKD FCF 2026KD free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Kyndryl Holdings, Inc. · Kyndryl Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026