Want to see KD full AI Analyst Report?
Adjusted EBITDA by Geography
Reports underlying operating profit by region after removing one-time items, showing where Kyndryl actually makes money. Comparing regional margins highlights where operations are most efficient, where cost or pricing pressures exist, and which markets are likely to drive cash generation and shareholder returns.Adjusted EBITDA is shifting from uneven, region-by-region volatility to clearer momentum: the U.S. has recovered and is driving recent gains, Japan shows a steady rebound, and Principal/Strategic Markets are growing into larger, higher‑margin contributors as hyperscaler and Kyndryl Consult signings scale. Management flags one‑time Q1 workforce charges and elongated sales cycles (including an IBM‑related headwind), so near‑term EBITDA will be lumpy, but AI/advanced‑delivery productivity and announced cost actions support the multi‑year margin and cash‑flow targets for FY28.
Date | United States | Japan | Principal Markets | Strategic Markets | Corporate & Other |
|---|---|---|---|---|---|
Jun 30, 2026 | $220.00M | $109.00M | $151.00M | $62.00M | -$30.00M |
Mar 31, 2026 | $239.00M | $122.00M | $206.00M | $147.00M | -$26.00M |
Dec 31, 2025 | $205.00M | $126.00M | $221.00M | $169.00M | -$26.00M |
Sep 30, 2025 | $195.00M | $123.00M | $210.00M | $142.00M | -$28.00M |
Jun 30, 2025 | $196.00M | $115.00M | $197.00M | $163.00M | -$26.00M |
Mar 31, 2025 | $228.00M | $102.00M | $231.00M | $161.00M | -$24.00M |
Dec 31, 2024 | $204.00M | $111.00M | $226.00M | $187.00M | -$24.00M |
Sep 30, 2024 | $159.00M | $94.00M | $187.00M | $138.00M | -$22.00M |
Jun 30, 2024 | $133.00M | $83.00M | $241.00M | $120.00M | -$21.00M |
Mar 31, 2024 | $174.00M | $83.00M | $180.00M | $152.00M | -$24.00M |