Kyndryl posts $3.7B revenue, $59M net income in Q2 2027, reaffirms fiscal outlook amid AI and hyperscaler growth

Kyndryl reported $3.7 billion in revenue and $59 million in net income for Q2 of fiscal 2027, with adjusted EBITDA rising to $699 million. Despite a slight revenue decline year-over-year, the company saw growth in AI-led modernization services and hyperscaler-related revenue, boosting confidence in its fiscal 2027 outlook. Workforce rebalancing charges impacted earnings, but are expected to yield significant cost savings by fiscal 2028. Kyndryl also completed the acquisition of Healthcare IT Leaders, enhancing its healthcare IT capabilities.

Kyndryl Holdings Inc shares are currently trading at USD 14.42 on Pluang, showing a strong 11.44% increase in one day. The stock has a market cap of $2.82 billion and a trading volume of 6,013,647 as of Nov 04, 2026 19:11 WIB.