Kyndryl Holdings Inc 2024年度报告

Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services offering advisory, implementationand managed service capabilities to thousands of customers in more than 60 countries. As the world's largest IT infrastructureservices provider, the Company designs, builds, manages and modernizes the complex information systems that the worlddepends onevery day. For more information, visitwww.kyndryl.com. A Message from Our Chairman andChief Executive Officer Dear Fellow Stockholders, Kyndryl’s fiscal 2025 was another year of powerful execution, progress andachievement. Together, our global team of Kyndryls continued to solidify ourmarket leadership position in mission-critical technology services—partneringwith the most important enterprises around the world. Over three years ago we laid out a compelling strategy to return our companyto sustainable profitable growth, and we’ve worked diligently to execute onit with intensity and determination. We reimagined how we show up for ourcustomers by broadening our technology alliances, growing our Kyndryl Consultadvisory business and investing in our AI-powered Kyndryl Bridge innovationplatform to further enhance the quality of services we offer. We’ve also built adifferentiated, services-based culture with a strong focus on employeeengagement and corporate citizenship. I’m convinced that we’ve been able to accomplish so much in a short periodof time because of our culture which is restless, empathetic and devoted to our customers, our people and ourstockholders.Martin Schroeter Our performance in fiscal-year 2025 demonstrates that our services are essential and our customers value what wedo and how we do it. Kyndryl is a trusted partner that is uniquely positioned to help complex organizations navigatesecular IT trends such as cloud migration, hybrid IT environments, cybersecurity risks, AI adoption and skillsshortages. Our approach to designing, optimizing, running and transforming mission-critical hybrid IT estates isdriving increased demand for our services, which is reflected in our financial progress in fiscal 2025. We’re enteringour fiscal-year 2026 with momentum, confidence and a focus on driving sustainable profitable growth for our companyand delivering value to our customers. Kyndryl operates at the heart of progress. Our market leadership, strategy and capabilities enable us to be a criticalpart of customers’ IT evolution and have positioned Kyndryl well for fiscal 2026 and beyond as we continue to executeon our multi-year growth strategy. With relentless focus and dedication to our global customers, our highly skilledpeople have propelled our success and will continue to do so. Thank you for being on this growth journey with us. Sincerely, Martin SchroeterChairman of the Board and Chief Executive OfficerKyndrylJune 16, 2025 UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON, DC 20549 FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For thefiscal year ended March 31, 2025or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _______________________ to _______________________ 212-896-2098(Registrant’s telephone number, including area code)Securities registered pursuant to Section 12(b) of the Act: New York Stock Exchange Securities registered pursuant to section 12(g) of the Act: None. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☒No ☐ Indicate by check mark whether the registrant (1) hasfiled all reports required to befiled by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required tofile such reports), and (2) has been subject tosuchfiling requirements for the past 90 days. Yes☒No☐Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files).Yes☒No☐Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the