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Side-by-side financial comparison of Aurora Innovation, Inc. (AUR) and Kyndryl Holdings, Inc. (KD). Click either name above to swap in a different company.
Kyndryl Holdings, Inc. is the larger business by last-quarter revenue ($3.9B vs $1.0M, roughly 3859.0× Aurora Innovation, Inc.). Kyndryl Holdings, Inc. runs the higher net margin — 1.5% vs -20100.0%, a 20101.5% gap on every dollar of revenue. Kyndryl Holdings, Inc. produced more free cash flow last quarter ($208.0M vs $-157.0M). Over the past eight quarters, Kyndryl Holdings, Inc.'s revenue compounded faster (0.1% CAGR vs -41.2%).
Aurora Innovation, Inc., doing business as Aurora, is a self-driving vehicle technology company based in Pittsburgh, Pennsylvania. Aurora has developed the Aurora Driver, a computer system that can be integrated into cars for autonomous driving. It was co-founded by Chris Urmson, the former chief technology officer of Google/Alphabet Inc.'s self-driving team, which became known as Waymo, as well as by Sterling Anderson, former head of Tesla Autopilot, and Drew Bagnell, former head of Uber's a...
Kyndryl Holdings, Inc. is an American multinational information technology infrastructure services provider, headquartered in New York City and created from the spin-off of IBM's infrastructure services business in 2021. The company designs, builds, manages and develops large-scale information systems. The company also has business advisory services. It is currently the world's largest IT infrastructure services provider, and the fifth-largest consulting provider.
AUR vs KD — Head-to-Head
Income Statement — Q3 2025 vs Q3 2026
| Metric | | |
|---|---|---|
| Revenue | $1.0M | $3.9B |
| Net Profit | $-201.0M | $57.0M |
| Gross Margin | -500.0% | 21.8% |
| Operating Margin | -22200.0% | 2.4% |
| Net Margin | -20100.0% | 1.5% |
| Revenue YoY | — | 3.1% |
| Net Profit YoY | 3.4% | -73.5% |
| EPS (diluted) | $-0.11 | $0.25 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $3.9B | ||
| Q3 25 | $1.0M | $3.7B | ||
| Q2 25 | $1.0M | $3.7B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | $0 | $3.8B | ||
| Q2 24 | $0 | $3.7B | ||
| Q1 24 | — | $3.9B |
| Q4 25 | — | $57.0M | ||
| Q3 25 | $-201.0M | $68.0M | ||
| Q2 25 | $-201.0M | $56.0M | ||
| Q1 25 | — | $69.0M | ||
| Q4 24 | — | $215.0M | ||
| Q3 24 | $-208.0M | $-43.0M | ||
| Q2 24 | $-182.0M | $11.0M | ||
| Q1 24 | — | $-45.0M |
| Q4 25 | — | 21.8% | ||
| Q3 25 | -500.0% | 21.5% | ||
| Q2 25 | -400.0% | 21.3% | ||
| Q1 25 | — | 21.7% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | 21.5% | ||
| Q1 24 | — | 18.6% |
| Q4 25 | — | 2.4% | ||
| Q3 25 | -22200.0% | 2.6% | ||
| Q2 25 | -23000.0% | 2.5% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | — | -0.1% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | -0.1% |
| Q4 25 | — | 1.5% | ||
| Q3 25 | -20100.0% | 1.8% | ||
| Q2 25 | -20100.0% | 1.5% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | — | -1.1% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | -1.2% |
| Q4 25 | — | $0.25 | ||
| Q3 25 | $-0.11 | $0.29 | ||
| Q2 25 | $-0.11 | $0.23 | ||
| Q1 25 | — | $0.30 | ||
| Q4 24 | — | $0.89 | ||
| Q3 24 | $-0.13 | $-0.19 | ||
| Q2 24 | $-0.12 | $0.05 | ||
| Q1 24 | — | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $87.0M | $1.3B |
| Total DebtLower is stronger | — | $2.3B |
| Stockholders' EquityBook value | $2.3B | $1.2B |
| Total Assets | $2.5B | $11.3B |
| Debt / EquityLower = less leverage | — | 1.92× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.3B | ||
| Q3 25 | $87.0M | $1.3B | ||
| Q2 25 | $206.0M | $1.5B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $263.0M | $1.3B | ||
| Q2 24 | $402.0M | $1.3B | ||
| Q1 24 | — | $1.6B |
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.1B |
| Q4 25 | — | $1.2B | ||
| Q3 25 | $2.3B | $1.2B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $1.7B | $996.0M | ||
| Q1 24 | — | $1.0B |
| Q4 25 | — | $11.3B | ||
| Q3 25 | $2.5B | $11.2B | ||
| Q2 25 | $2.2B | $11.5B | ||
| Q1 25 | — | $10.5B | ||
| Q4 24 | — | $9.9B | ||
| Q3 24 | $2.3B | $10.4B | ||
| Q2 24 | $1.9B | $10.2B | ||
| Q1 24 | — | $10.6B |
| Q4 25 | — | 1.92× | ||
| Q3 25 | — | 2.45× | ||
| Q2 25 | — | 2.44× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | — | 2.81× | ||
| Q3 24 | — | 2.92× | ||
| Q2 24 | — | 3.12× | ||
| Q1 24 | — | 3.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-149.0M | $428.0M |
| Free Cash FlowOCF − Capex | $-157.0M | $208.0M |
| FCF MarginFCF / Revenue | -15700.0% | 5.4% |
| Capex IntensityCapex / Revenue | 800.0% | 5.7% |
| Cash ConversionOCF / Net Profit | — | 7.51× |
| TTM Free Cash FlowTrailing 4 quarters | $-645.0M | $299.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $428.0M | ||
| Q3 25 | $-149.0M | $146.0M | ||
| Q2 25 | $-144.0M | $-124.0M | ||
| Q1 25 | — | $581.0M | ||
| Q4 24 | — | $260.0M | ||
| Q3 24 | $-143.0M | $149.0M | ||
| Q2 24 | $-176.0M | $-48.0M | ||
| Q1 24 | — | $145.0M |
| Q4 25 | — | $208.0M | ||
| Q3 25 | $-157.0M | $17.0M | ||
| Q2 25 | $-151.0M | $-267.0M | ||
| Q1 25 | — | $341.0M | ||
| Q4 24 | — | $151.0M | ||
| Q3 24 | $-150.0M | $15.0M | ||
| Q2 24 | $-187.0M | $-170.0M | ||
| Q1 24 | — | $-57.0M |
| Q4 25 | — | 5.4% | ||
| Q3 25 | -15700.0% | 0.5% | ||
| Q2 25 | -15100.0% | -7.1% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | -4.5% | ||
| Q1 24 | — | -1.5% |
| Q4 25 | — | 5.7% | ||
| Q3 25 | 800.0% | 3.5% | ||
| Q2 25 | 700.0% | 3.8% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 3.3% | ||
| Q1 24 | — | 5.2% |
| Q4 25 | — | 7.51× | ||
| Q3 25 | — | 2.15× | ||
| Q2 25 | — | -2.21× | ||
| Q1 25 | — | 8.42× | ||
| Q4 24 | — | 1.21× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -4.36× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AUR
Segment breakdown not available.
KD
| Principal Markets Segment | $1.4B | 37% |
| United States Segment | $958.0M | 25% |
| Strategic Markets Segment | $905.0M | 23% |
| Other | $568.0M | 15% |
