Significant Increase in Signings
Signings were up 48% in constant currency to more than $18 billion, indicating strong demand for Kyndryl's services.
Record Adjusted Pretax Income
Adjusted pretax income increased by $317 million to $482 million, marking a 192% increase from the prior year.
Strong Cash Flow Generation
Generated $446 million in adjusted free cash flow, a 53% increase from last year.
Kyndryl Consult Revenue Growth
Kyndryl Consult delivered above-market growth with revenue increasing more than 25% year over year.
Hyperscaler Related Revenue Surge
Hyperscaler related revenue more than doubled to $1.2 billion.
Positive Revenue Growth
Returned to positive constant currency revenue growth in the fourth quarter.
Large Contract Wins
Secured 55 contracts valued at over $50 million each, with nearly half over $100 million.