Kyndryl10-K: RestructuringFeb 17, 2026

Kyndryl sold its Canadian SIS platform for a $145 million pretax gain.

What happened

This divestiture is part of the company's strategy to streamline its portfolio and focus on core, higher-margin services.

Source

SEC EDGARFeb 17, 2026

Annual report (Form 10-K)

Kyndryl 10-K

Filing excerpt

Transaction-related costs (benefits) were (0.8)% of revenue in the year ended March 31, 2025, primarily due to a $145 million pretax gain from the sale of the SIS platform in Canada...

sec.gov/Archives/edgar/data/1867072/000110465926015713/kd-20250331x10...Read the full source

Other signals in this filing (10)

Audit issueKyndryl discloses material weaknesses in internal controlsAudit issueFeb 17, 2026
Cost reductionKyndryl's core strategy involves exiting low-margin customer contracts to boost profitabilityCost reductionFeb 17, 2026
DivestitureKyndryl divests Canadian SIS platform, realizing a $145M pre-tax gain.DivestitureFeb 17, 2026
RestructuringCompany is strategically exiting low-margin contracts, causing a 6% revenue drop to $15.1B.RestructuringFeb 17, 2026
Recurring revenue shiftKyndryl intentionally sheds $995M in revenue to exit low-margin customer contracts.Recurring revenue shiftFeb 17, 2026
Customer churnUS revenue plummeted 10% as company intentionally shed low-margin contractsCustomer churnFeb 17, 2026
Restructuring chargeKyndryl divested its SIS platform in Canada for a $145M pre-tax gainRestructuring chargeFeb 17, 2026
Automation investmentFocus on "operating efficiencies" drives $592M improvement in net income.Automation investmentFeb 17, 2026
International growthKyndryl's Japan revenue grows 6% in constant currency, driven by service expansion.International growthFeb 17, 2026
Margin pressurePrincipal Markets segment boosted adjusted EBITDA by 31% through efficiency gainsMargin pressureFeb 17, 2026

Extracted by Autobound

From the Signal API record

Signal: 10-K: Restructuring

What this signalsFilings often name leadership changes, deals and spending plans.

Filed: Feb 17, 2026

More 10-K signals at other companies

SEC 10-KAdvanced Biomed Inc.Advanced Biomed files for 10-K extension due to incomplete financial audit.SEC 10-KSep 28, 2026
SEC 10-KBiomerica, Inc.Biomerica Appoints New Principal Financial Officer Xiaoxuan Qu Effective August 2026SEC 10-KSep 28, 2026
SEC 10-KCleanCore Solutions, Inc.Pivoting to AI data centers with $100M in new funding for Minnesota projectSEC 10-KSep 28, 2026

The full record

From the Signal API record

Numbers

Dollar figure: $145M (Pretax gain from the sale of the SIS platform in Canada)

Details

CIK: 1867072
Accession number: 0001104659-26-015713
Timeframe: Current year
Filing year: 2026
Why it matters: Change management needs
Signal category: Workforce

Topics and mentions

Regions named

Canada

Extraction

Confidence: High
Relevance: 80%
Sentiment: Positive
Detected: Feb 24, 2026
signal_type: sec-10k
signal_subtype: restructuring

Use this data

Get every 10-K signal for Kyndryl and the companies you sell to, in the tools you already use.

Ask Claude about it
Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Kyndryl this week?”
MCP setup guide
Send it to your own tools
The Signal API returns 10-K signals for any list of companies as JSON, for your CRM, warehouse or app.
Signal API
Try it free
Sign up and spend your free credits on the companies you sell to.
Start Free1,000 free credits

The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

linkedin_urlValue in the API
industriesValue in the API
employee_count_lowValue in the API
employee_count_highValue in the API
revenueValue in the API
descriptionValue in the API

Signal

signal_nameValue in the API
associationValue in the API

Start Free1,000 free creditsUse it in Claude via MCP

Show the full JSONThe record on this page and the API request

GET /v1/signals/66c72ded-9840-4b12-9caf-4b0e945bcbe4 returns this record as JSON. POST /v1/companies/enrich returns every signal for kyndryl.com.

{
  "signal_id": "66c72ded-9840-4b12-9caf-4b0e945bcbe4",
  "signal_type": "sec-10k",
  "signal_subtype": "restructuring",
  "detected_at": "2026-02-24T09:41:02.444+00:00",
  "company": {
    "name": "Kyndryl",
    "domain": "kyndryl.com"
  },
  "data": {
    "detail": "This divestiture is part of the company's strategy to streamline its portfolio and focus on core, higher-margin services. This move frees up capital for other investments and may create technology integration challenges or opportunities for new platform vendors.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Pretax gain from the sale of the SIS platform in Canada",
      "dollar_millions": 145
    },
    "summary": "Kyndryl sold its Canadian SIS platform for a $145 million pretax gain.",
    "excerpts": "Transaction-related costs (benefits) were (0.8)% of revenue in the year ended March 31, 2025, primarily due to a $145 million pretax gain from the sale of the SIS platform in Canada...",
    "relevance": 0.8,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1867072/000110465926015713/kd-20250331x10ka.htm",
    "filing_date": "2026-02-17",
    "filing_year": 2026,
    "sales_relevance": "Change management needs",
    "signal_category": "workforce",
    "regions_mentioned": [
      "Canada"
    ]
  }
}

curl https://signals.autobound.ai/v1/signals/66c72ded-9840-4b12-9caf-4b0e945bcbe4 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"kyndryl.com","limit":20}'

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.