Kyndryl Holdings Inc (KD)
Gross profit margin
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | — | 2,863,000 | 2,528,000 | 2,107,000 | 2,209,000 |
Revenue | US$ in thousands | 15,057,000 | 16,052,000 | 17,026,000 | 18,657,000 | 19,352,000 |
Gross profit margin | 0.00% | 17.84% | 14.85% | 11.29% | 11.41% |
March 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $—K ÷ $15,057,000K
= 0.00%
The gross profit margin of Kyndryl Holdings Inc has shown fluctuations over the past five years. In March 2021, the gross profit margin was recorded at 11.41%, which slightly decreased to 11.29% by March 2022. However, there was a significant improvement in gross profit margin by March 2023, reaching 14.85%, and further increased to 17.84% by March 2024, indicating an improvement in the company's ability to generate profits from its core operations.
However, it is concerning to note that the gross profit margin dropped to 0.00% in March 2025, which could indicate potential issues with cost management or pricing strategies that need to be addressed. Overall, a consistent and upward trend in the gross profit margin is generally seen as a positive indicator of a company's financial health and operational efficiency.
Peer comparison
Mar 31, 2025