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Side-by-side financial comparison of Edison International (EIX) and Kyndryl Holdings, Inc. (KD). Click either name above to swap in a different company.
Edison International is the larger business by last-quarter revenue ($5.2B vs $3.9B, roughly 1.4× Kyndryl Holdings, Inc.). Edison International runs the higher net margin — 35.4% vs 1.5%, a 34.0% gap on every dollar of revenue. On growth, Edison International posted the faster year-over-year revenue change (30.8% vs 3.1%). Kyndryl Holdings, Inc. produced more free cash flow last quarter ($208.0M vs $-319.0M). Over the past eight quarters, Edison International's revenue compounded faster (13.1% CAGR vs 0.1%).
Edison International is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and unregulated non-utility business assets Edison Energy. Edison's roots trace back to Holt & Knupps, a company founded in 1886 as a provider of street lights in Visalia, California.
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.
EIX vs KD — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $5.2B | $3.9B |
| Net Profit | $1.8B | $57.0M |
| Gross Margin | — | 21.8% |
| Operating Margin | 52.8% | 2.4% |
| Net Margin | 35.4% | 1.5% |
| Revenue YoY | 30.8% | 3.1% |
| Net Profit YoY | 443.5% | -73.5% |
| EPS (diluted) | $4.78 | $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 | $5.2B | $3.9B | ||
| Q3 25 | $5.8B | $3.7B | ||
| Q2 25 | $4.5B | $3.7B | ||
| Q1 25 | $3.8B | $3.8B | ||
| Q4 24 | $4.0B | $3.7B | ||
| Q3 24 | $5.2B | $3.8B | ||
| Q2 24 | $4.3B | $3.7B | ||
| Q1 24 | $4.1B | $3.9B |
| Q4 25 | $1.8B | $57.0M | ||
| Q3 25 | $832.0M | $68.0M | ||
| Q2 25 | $343.0M | $56.0M | ||
| Q1 25 | $1.4B | $69.0M | ||
| Q4 24 | $340.0M | $215.0M | ||
| Q3 24 | $516.0M | $-43.0M | ||
| Q2 24 | $439.0M | $11.0M | ||
| Q1 24 | $-11.0M | $-45.0M |
| Q4 25 | — | 21.8% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | 21.3% | ||
| Q1 25 | — | 21.7% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | 21.5% | ||
| Q1 24 | — | 18.6% |
| Q4 25 | 52.8% | 2.4% | ||
| Q3 25 | 24.9% | 2.6% | ||
| Q2 25 | 17.1% | 2.5% | ||
| Q1 25 | 56.0% | 3.1% | ||
| Q4 24 | 19.8% | 6.9% | ||
| Q3 24 | 19.1% | -0.1% | ||
| Q2 24 | 20.8% | 1.7% | ||
| Q1 24 | 6.0% | -0.1% |
| Q4 25 | 35.4% | 1.5% | ||
| Q3 25 | 14.5% | 1.8% | ||
| Q2 25 | 7.6% | 1.5% | ||
| Q1 25 | 37.7% | 1.8% | ||
| Q4 24 | 8.5% | 5.7% | ||
| Q3 24 | 9.9% | -1.1% | ||
| Q2 24 | 10.1% | 0.3% | ||
| Q1 24 | -0.3% | -1.2% |
| Q4 25 | $4.78 | $0.25 | ||
| Q3 25 | $2.16 | $0.29 | ||
| Q2 25 | $0.89 | $0.23 | ||
| Q1 25 | $3.72 | $0.30 | ||
| Q4 24 | $0.89 | $0.89 | ||
| Q3 24 | $1.32 | $-0.19 | ||
| Q2 24 | $1.13 | $0.05 | ||
| Q1 24 | $-0.03 | $-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 | $158.0M | $1.3B |
| Total DebtLower is stronger | $38.0B | $2.3B |
| Stockholders' EquityBook value | $17.6B | $1.2B |
| Total Assets | $94.0B | $11.3B |
| Debt / EquityLower = less leverage | 2.16× | 1.92× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $158.0M | $1.3B | ||
| Q3 25 | $364.0M | $1.3B | ||
| Q2 25 | $140.0M | $1.5B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $193.0M | $1.5B | ||
| Q3 24 | $200.0M | $1.3B | ||
| Q2 24 | $465.0M | $1.3B | ||
| Q1 24 | $992.0M | $1.6B |
| Q4 25 | $38.0B | $2.3B | ||
| Q3 25 | $36.4B | $3.0B | ||
| Q2 25 | $37.7B | $3.0B | ||
| Q1 25 | $38.4B | $3.0B | ||
| Q4 24 | $35.6B | $3.1B | ||
| Q3 24 | $34.9B | $3.1B | ||
| Q2 24 | $34.8B | $3.1B | ||
| Q1 24 | $34.7B | $3.1B |
| Q4 25 | $17.6B | $1.2B | ||
| Q3 25 | $17.2B | $1.2B | ||
| Q2 25 | $16.7B | $1.2B | ||
| Q1 25 | $16.6B | $1.2B | ||
| Q4 24 | $15.6B | $1.1B | ||
| Q3 24 | $15.7B | $1.1B | ||
| Q2 24 | $15.4B | $996.0M | ||
| Q1 24 | $15.2B | $1.0B |
| Q4 25 | $94.0B | $11.3B | ||
| Q3 25 | $90.5B | $11.2B | ||
| Q2 25 | $88.8B | $11.5B | ||
| Q1 25 | $88.4B | $10.5B | ||
| Q4 24 | $85.6B | $9.9B | ||
| Q3 24 | $84.7B | $10.4B | ||
| Q2 24 | $84.8B | $10.2B | ||
| Q1 24 | $83.6B | $10.6B |
| Q4 25 | 2.16× | 1.92× | ||
| Q3 25 | 2.12× | 2.45× | ||
| Q2 25 | 2.26× | 2.44× | ||
| Q1 25 | 2.31× | 2.50× | ||
| Q4 24 | 2.29× | 2.81× | ||
| Q3 24 | 2.23× | 2.92× | ||
| Q2 24 | 2.26× | 3.12× | ||
| Q1 24 | 2.29× | 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 | $1.6B | $428.0M |
| Free Cash FlowOCF − Capex | $-319.0M | $208.0M |
| FCF MarginFCF / Revenue | -6.1% | 5.4% |
| Capex IntensityCapex / Revenue | 36.3% | 5.7% |
| Cash ConversionOCF / Net Profit | 0.85× | 7.51× |
| TTM Free Cash FlowTrailing 4 quarters | $-715.0M | $299.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $428.0M | ||
| Q3 25 | $2.1B | $146.0M | ||
| Q2 25 | $882.0M | $-124.0M | ||
| Q1 25 | $1.2B | $581.0M | ||
| Q4 24 | $1.2B | $260.0M | ||
| Q3 24 | $2.5B | $149.0M | ||
| Q2 24 | $329.0M | $-48.0M | ||
| Q1 24 | $1.0B | $145.0M |
| Q4 25 | $-319.0M | $208.0M | ||
| Q3 25 | $618.0M | $17.0M | ||
| Q2 25 | $-830.0M | $-267.0M | ||
| Q1 25 | $-184.0M | $341.0M | ||
| Q4 24 | $-326.0M | $151.0M | ||
| Q3 24 | $961.0M | $15.0M | ||
| Q2 24 | $-1.1B | $-170.0M | ||
| Q1 24 | $-236.0M | $-57.0M |
| Q4 25 | -6.1% | 5.4% | ||
| Q3 25 | 10.7% | 0.5% | ||
| Q2 25 | -18.3% | -7.1% | ||
| Q1 25 | -4.8% | 9.0% | ||
| Q4 24 | -8.2% | 4.0% | ||
| Q3 24 | 18.5% | 0.4% | ||
| Q2 24 | -25.2% | -4.5% | ||
| Q1 24 | -5.8% | -1.5% |
| Q4 25 | 36.3% | 5.7% | ||
| Q3 25 | 26.2% | 3.5% | ||
| Q2 25 | 37.7% | 3.8% | ||
| Q1 25 | 36.9% | 6.3% | ||
| Q4 24 | 37.6% | 2.9% | ||
| Q3 24 | 29.1% | 3.6% | ||
| Q2 24 | 32.8% | 3.3% | ||
| Q1 24 | 31.4% | 5.2% |
| Q4 25 | 0.85× | 7.51× | ||
| Q3 25 | 2.55× | 2.15× | ||
| Q2 25 | 2.57× | -2.21× | ||
| Q1 25 | 0.85× | 8.42× | ||
| Q4 24 | 3.44× | 1.21× | ||
| Q3 24 | 4.79× | — | ||
| Q2 24 | 0.75× | -4.36× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EIX
| Commercial | $2.2B | 43% |
| Residential | $1.2B | 23% |
| Other | $966.0M | 19% |
| Other Operating Revenue | $802.0M | 15% |
KD
| Principal Markets Segment | $1.4B | 37% |
| United States Segment | $958.0M | 25% |
| Strategic Markets Segment | $905.0M | 23% |
| Other | $568.0M | 15% |