# Kyndryl

> Kyndryl is a New York-based enterprise technology services company spun out of IBM in 2021. It advises, builds, operates and modernizes the mission-critical systems behind banks, airlines, manufacturers, retailers and public agencies, combining long-duration managed-services contracts with consulting, cloud integration, cyber resilience, application modernization and its Kyndryl Bridge operations platform. The company serves thousands of customers in more than 60 countries, employs about 72,000 people and reported $15.1 billion in fiscal 2026 revenue.

- **Founded:** 2021
- **Headquarters:** New York City, United States
- **Founders:** Martin Schroeter (Founding Chairman and CEO)
- **Team size:** Approximately 72,000 employees in 60 countries as of March 31, 2026
- **Products:** Kyndryl Bridge, Kyndryl Consult, Kyndryl Vital, Cloud Services, Core Enterprise and Mainframe Services
- **Notable:** Became an independent NYSE-listed company under ticker KD on November 4, 2021., Reported $15.1 billion in fiscal 2026 revenue and $2.7 billion in adjusted EBITDA., Generated $3.5 billion of Kyndryl Consult revenue in fiscal 2026, up 18% year over year.

## Products & services

- **Kyndryl Bridge** — An open integration and operations platform that brings tools, telemetry, automation and AI-driven insights together across a customer's technology estate.
- **Kyndryl Consult** — Technology strategy, architecture, integration and organizational-change services spanning cloud, applications, data, networks, security and mainframes.
- **Kyndryl Vital** — A design-led co-creation practice combining human-centered research, experience design and technical implementation for enterprise transformation.
- **Cloud Services** — Migration, modernization and managed operations across public, private and hybrid clouds, including private cloud and managed hosting.
- **Core Enterprise and Mainframe Services** — Management and modernization of mainframes and other core systems, including application and data transitions that preserve business continuity.
- **Security and Resiliency Services** — Cybersecurity, zero-trust, disaster recovery, business continuity and cyber-resilience services for complex and regulated environments.
- **Digital Workplace Services** — Device, collaboration, service-desk and employee-experience services supported by analytics, automation and predictive remediation.
- **Network and Edge Services** — Managed networks, data-center networking, SD-WAN, private 5G and edge services connecting sites, devices and distributed workloads.
- **Applications, Data and AI Services** — Application development and management, data modernization, AI readiness, governance and AI-enabled transformation across legacy and cloud environments.
- **Kyndryl Agentic AI Framework** — A secure-by-design framework for coordinating specialized AI agents across on-premises, cloud and hybrid systems with human oversight.
- **AI Orchestration for Business** — An agentic-AI capability for coordinating policy-aware workflows across areas such as inventory, pricing, fulfillment and customer experience.

## Achievements

- Became an independent NYSE-listed company under ticker KD on November 4, 2021.
- Reported $15.1 billion in fiscal 2026 revenue and $2.7 billion in adjusted EBITDA.
- Generated $3.5 billion of Kyndryl Consult revenue in fiscal 2026, up 18% year over year.
- Generated $1.9 billion of hyperscaler-related revenue in fiscal 2026, up 59% year over year.
- Signed $13.5 billion of contracts in fiscal 2026, including 38 contracts worth more than $50 million each.
- Executes approximately 200 million automations per month through its delivery operations.
- Recognized as a Leader in the 2025 Gartner Magic Quadrant for Data Center Outsourcing Services and Outsourced Digital Workplace Services.
- Recognized as a Leader in the 2025-2026 IDC MarketScape for worldwide mainframe modernization infrastructure solutions.
- Earned 2026 Great Place to Work certification in 11 countries and more than 180 workplace awards, according to Kyndryl.

## Latest updates

- **2026-08** — First-quarter fiscal 2027 revenue was $3.6 billion; Consult revenue grew 10% and hyperscaler-related revenue grew 34%, while $152 million of workforce-rebalancing charges contributed to a $55 million net loss.
- **2026-07** — Kyndryl and Aptiv announced a global collaboration using Wind River software to support edge, cloud and mission-critical product engineering.
- **2026-07** — Kyndryl partnered with Microsoft to combine its Sovereignty Solutioning with Microsoft Sovereign Cloud capabilities.
- **2026-07** — The company named Ellen Johnson as incoming chief financial officer and Andrew Bonzani as general counsel and secretary.
- **2026-06** — Kyndryl launched AI Orchestration for Business for policy-aware, agent-driven workflows across retail, consumer goods, travel and transportation.
- **2026-05** — Kyndryl and Broadridge extended their relationship to modernize infrastructure with AI-enabled operations and quantum-safe capabilities.
- **2026-05** — Fiscal 2026 results showed $15.1 billion in revenue, $198 million in net income and $406 million in free cash flow.
- **2026-05** — The Dutch government prohibited Kyndryl's proposed acquisition of cloud provider Solvinity; Kyndryl said it was disappointed and would continue serving Dutch customers.
- **2026-04** — ISG recognized Kyndryl as a Leader in 2026 mainframe services and solutions.
- **2025-07** — Kyndryl launched its Agentic AI Framework for deploying specialized AI agents across hybrid enterprise environments.

## Links

- Website: https://www.kyndryl.com/us/en
- LinkedIn: https://www.linkedin.com/company/kyndryl
- Twitter/X: https://twitter.com/kyndryl
- YouTube: https://www.youtube.com/@kyndryl
- Facebook: https://www.facebook.com/kyndryl

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Profile page: https://yespress.io/kyndryl
Published by YesPress — https://yespress.io
Last updated: 2026-08-12