Kyndryl (KYD) Q3 Net Income Falls 18% to $113M

Net income for Kyndryl Holdings, Inc. (KYD) fell 18% to $113 million in Q3 2026, ending a period of margin expansion. Revenue declined 3.2% to $2.09 billion, pressured by lower cloud and security services. The company attributed the results to supply chain constraints and inflation, with GAAP EPS at $0.42, down from $0.52 in the same period. Non-GAAP EPS was $0.47, a 13% decrease from $0.54. The guidance for Q4 reflects a cautious outlook, with revenue expected to grow between 1% and 3%.