{
  "url": "https://struct.news/briefs/kyndryl-cut-low-margin-work-cash-use-and-interest-expense-still-went-the-wrong-way",
  "title": "Kyndryl cut low-margin work. Cash use and interest expense still went the wrong way",
  "summary": "Operating cash flow reached negative $310 million in the three months ended June 30, up from negative $124 million a year earlier.",
  "published_at": "2026-08-05T20:31:25.398230+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Kyndryl Holdings, Inc.",
    "ticker": "KD",
    "cik": "1104659",
    "sector": "Technology",
    "industry": "Information Technology Services"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-05",
    "accession": "0001104659-26-091129",
    "url": "https://www.sec.gov/Archives/edgar/data/1867072/000110465926091129/kd-20260630x10q.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-05",
    "url": "https://www.sec.gov/Archives/edgar/data/1867072/000155837025010303/kd-20250630x10q.htm"
  },
  "reported_figures": [
    {
      "group": "Kyndryl's reported scale and balance sheet",
      "label": "Revenue",
      "value": 15092000000,
      "display": "$15.1B",
      "unit": "usd",
      "period": "2026-03-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-091129",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "Kyndryl's reported scale and balance sheet",
      "label": "Market cap",
      "value": 3439198000,
      "display": "$3.4B",
      "unit": "usd",
      "period": "2026-03-31",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-08-04"
      }
    },
    {
      "group": "Kyndryl's reported scale and balance sheet",
      "label": "Net debt",
      "value": 1277000000,
      "display": "$1.3B",
      "unit": "usd",
      "period": "2026-03-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-091129",
        "filing_date": "2026-08-05"
      }
    }
  ],
  "watch_next": [],
  "related_tickers": [
    "KD"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}