Company: KD
Filing Date: 2025-05-30
Form Type: 10-K
Source: 0001558370-25-008282
Chunk: 10

Company: Kyndryl Holdings, Inc.
Filing Date: 2025-05-30
Form: 10-K
Item: Item 1B
Chunk 10
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 need and to manage their complex environments so that they can achieve their business objectives. 

We partner with a broad ecosystem, including a wide range of hyperscale cloud providers, system integrators, independent software vendors and technology vendors from startups to market leaders. This enables us to serve our customers with contemporary technology capabilities that best fit their needs and open new avenues for growth. This is all underpinned by our ability to integrate and operate mission-critical technology at scale using deep engineering expertise and intellectual property. 

Our approach has enabled us to reach significant scale, with $15.1 billion in revenue in fiscal year 2025, which ended March 31, 2025. We are focused on driving revenue growth with sustainable margins by extending our leadership in the markets in which we operate while investing in our capabilities and expanding our high-value, next-generation services consistent with customer needs.

Kyndryl’s Spin-off

In November 2021, our former parent company, International Business Machines Corporation (“IBM” or “former Parent”) effected the spin-off (the “Separation” or the “Spin-off”) of the infrastructure services unit of its Global Technology Services segment through the distribution of shares of Kyndryl’s common stock to IBM stockholders. On November 3, 2021, the Separation was achieved through the former Parent’s pro rata distribution of 80.1% of the shares