Kyndryl Delays Quarterly Report, CFO Departs Amid Accounting Concerns

Kyndryl, an IT services company spun off from IBM, has delayed the filing of its latest quarterly financial report. The company said it expects to find significant weaknesses in how it manages and reports its finances for several recent periods, including the first two quarters of fiscal 2026.

The company also announced that its Chief Financial Officer is leaving as Kyndryl carries out an internal review of its financial accounting. These developments have worried investors, causing Kyndryl’s stock price to drop sharply by more than a third on Monday.

Alongside news of the accounting investigation and delay in reporting, Kyndryl also lowered its financial outlook for the current fiscal year after its most recent quarterly results fell short of expectations.

The stock dropped because the company delayed its financial report, revealed issues with its financial controls, and lowered its future financial expectations.

A delayed filing often means that a company is still reviewing its numbers, possibly due to concerns about how it reported finances in the past.

The CFO is leaving during an internal review of the company’s accounting practices.

Investors are wary because the company reported accounting problems, delayed its financial report, and its stock fell sharply.

Reuters

Software provider Kyndryl on Monday delayed the filing of its quarterly report, saying it anticipates material weaknesses in its internal control over financial reporting for multiple periods, including the first two quarters of fiscal 2026.

Barrons

Kyndryl stock tumbled early Monday after the company said its chief financial officer was leaving amid an accounting review.

Market Watch

Shares could lose more than a third of their value Monday following the disclosure of an accounting investigation and a big reset of the company's financial guidance.

Invezz

The honeymoon period for IBM's spin-off – Kyndryl Holdings (NYSE: KD) – has officially ended in a fiery wreckage of investor confidence. Once marketed as the agile “vendor-agnostic” future of IT infrastructure, the company's stock was gutted on February 9, crashing more than 50% in a single session.

The Motley Fool

Kyndryl's recently-reported Q3 results fell short of expectations. Guidance for the full fiscal year now underway was also dialed back.

GlobeNewsWire

NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Kyndryl Holdings, Inc. (NYSE:KD) for potential violations of the federal securities laws. If you invested in Kyndryl, you are encouraged to obtain additional information...

Business Wire

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Kyndryl Holdings, Inc. (“Kyndryl” or the “Company”) (NYSE: KD) investors concerning the Company's possible violations o...

GlobeNewsWire

SAN FRANCISCO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Investors in Kyndryl Holdings, Inc. (NYSE: KD) saw the price of their shares fall nearly 57% during trading on February 9, 2026 after the company announced that it would not timely file its quarterly report for the quarter ended December 31, 2025 and...

PRNewsWire

MILWAUKEE, Feb. 9, 2026 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against Kyndryl (NYSE: KD). The investigation results from inaccurate statements Kyndryl may have made regarding its financial statements, business operations and prospects.

Business Wire

LOS ANGELES--(BUSINESS WIRE)--Kyndryl Holdings, Inc. Investigated on Behalf of Investors - Contact the DJS Law Group to Discuss Your Rights – KD.

Business Wire

OAKLAND, Calif.--(BUSINESS WIRE)---- $KD #ClassAction--Shares of Kyndryl Holdings, Inc. fell over 54% in intraday trading on February 9, 2026, after the company disclosed it is launching an internal review of its account practices, delayed its quarterly filing, and announced the departure of its Chi...

The Motley Fool

Expand NYSE: KD Kyndryl Today's Change (-54.92%) $-12.90 Current Price $10.59 Key Data Points Market Cap $5.4B Day's Range $10.10 - $11.43 52wk Range $10.10 - $44.20 Volume 61M Avg Vol 2.3M Gross Margin 21.50% Kyndryl (KD 54.92%), an IT infrastructure and cloud services provider, closed Monday at $1...

Business Wire

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Kyndryl Holdings, Inc. (“Kyndryl” or the “Company”) (NYSE:KD). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or...

Newsfile Corp

San Francisco, California--(Newsfile Corp. - February 9, 2026) - Investors in Kyndryl Holdings, Inc. (NYSE: KD) saw the price of their shares fall nearly 57% during trading on February 9, 2026 after the company announced that it would not timely file its quarterly report for the quarter ended Decemb...

Business Wire

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Kyndryl Holdings, Inc. (“Kyndryl” or the “Company”) (NYSE: KD) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON KYNDRY...

Business Wire

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Kyndryl Holdings, Inc. (NYSE: KD) resulting from allegations that Kyndryl may have issued materially misleading business informati...

GlobeNewsWire

MILWAUKEE, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Ademi LLP is investigating possible securities fraud claims against Kyndryl (NYSE: KD). The investigation results from inaccurate statements Kyndryl may have made regarding its financial statements, business operations and prospects.

Newsfile Corp

New York, New York--(Newsfile Corp. - February 10, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Kyndryl Holdings, Inc. (NYSE: KD) for potential violations of the federal securities laws. If you invested in Kyndryl, you are encouraged to obtain additi...

PRNewsWire

SAN FRANCISCO, Feb. 10, 2026 /PRNewswire/ -- Investors in Kyndryl Holdings, Inc. (NYSE: KD) saw the price of their shares fall nearly 57% during trading on February 9, 2026 after the company announced that it would not timely file its quarterly report for the quarter ended December 31, 2025 and that...

Business Wire

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Kyndryl Holdings, Inc. (“Kyndryl” or the “Company”) (NYSE: KD) investors concerning the Company's possible violations of the federal securities la...

Business Wire

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Kyndryl Holdings, Inc. (NYSE: KD) (Kyndryl). On February 9, 2026, Kyndryl announced that the company...

Barrons

Shares of the IT infrastructure firm plunged more than 50% after executive exits, an accounting review, and a downgrade from Guggenheim. Analysts warn investors to stay on the sidelines.

Business Wire

SAN FRANCISCO--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE: KD) shares fell nearly 57% on Feb. 9, 2026, after the company announced it would not timely file its quarterly report for the quarter ended Dec. 31, 2025, and that its CFO, David Wyshner, and General Counsel, Edward Sebold, departed the c...

PRNewsWire

NEW YORK, Feb. 10, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Kyndryl Holdings, Inc. (NYSE: KD) resulting from allegations that Kyndryl may have issued materially misleading busin...

Seeking Alpha

Kyndryl faces severe downside after a 54% drop, driven by SEC scrutiny and key management departures. KD's business model relies on long-term IT infrastructure contracts, but recent revenue and FCF guidance cuts heighten risk. Despite $1.3B in cash and $4.5B in liquidity, high SBC and accounting con...

GlobeNewsWire

Kyndryl Holdings, Inc. Stock Plummets 53% after Accounting Issues Revealed – Investors with Losses Notified to Contact BFA Law about its Investigation

Show All Sources