Q1 revenue declined 3% year-over-year to $3.6 billion, but U.S. revenue grew 5% and Kyndryl Consult and hyperscaler-related revenues saw double-digit growth. Fiscal 2027 guidance remains unchanged, with adjusted pre-tax income of $600–$700 million and free cash flow of $400–$500 million, supported…
Q1 revenue declined 3% year-over-year to $3.6 billion, but U.S. revenue grew 5% and Kyndryl Consult and hyperscaler-related revenues saw double-digit growth. Fiscal 2027 guidance remains unchanged, with adjusted pre-tax income of $600–$700 million and free cash flow of $400–$500 million, supported by strong signings and ongoing cost savings initiatives.
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