Kyndryl Holdings Inc (KD)

Net profit margin

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022
Net income (ttm)	US$ in thousands	-340,000	-1,032,000	-1,126,000	-1,265,000	-1,374,000	-1,368,000	-1,954,000
Revenue (ttm)	US$ in thousands	16,052,000	16,457,000	16,824,000	16,930,000	17,025,000	17,326,000	17,602,000
Net profit margin		-2.12%	-6.27%	-6.69%	-7.47%	-8.07%	-7.90%	-11.10%

March 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-340,000K ÷ $16,052,000K
= -2.12%

Kyndryl Holdings Inc's net profit margin has shown a fluctuating trend over the analyzed periods. The net profit margin deteriorated from -11.10% in September 2022 to -2.12% in March 2024. Although the company has been able to reduce its losses over time, the margins remain negative, indicating that Kyndryl has not been able to generate consistent profits relative to its revenue. It is essential for the company to focus on improving its operational efficiency and cost management to achieve positive net profit margins in the future.