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Side-by-side financial comparison of Kyndryl Holdings, Inc. (KD) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
WESCO INTERNATIONAL INC is the larger business by last-quarter revenue ($6.1B vs $3.9B, roughly 1.6× Kyndryl Holdings, Inc.). WESCO INTERNATIONAL INC runs the higher net margin — 2.5% vs 1.5%, a 1.1% gap on every dollar of revenue. On growth, WESCO INTERNATIONAL INC posted the faster year-over-year revenue change (13.8% vs 3.1%). WESCO INTERNATIONAL INC produced more free cash flow last quarter ($213.4M vs $208.0M). Over the past eight quarters, WESCO INTERNATIONAL INC's revenue compounded faster (5.3% CAGR vs 0.1%).
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.
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
KD vs WCC — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.9B | $6.1B |
| Net Profit | $57.0M | $153.8M |
| Gross Margin | 21.8% | 21.2% |
| Operating Margin | 2.4% | 4.8% |
| Net Margin | 1.5% | 2.5% |
| Revenue YoY | 3.1% | 13.8% |
| Net Profit YoY | -73.5% | 47.9% |
| EPS (diluted) | $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.
| Q1 26 | — | $6.1B | ||
| Q4 25 | $3.9B | $6.1B | ||
| Q3 25 | $3.7B | $6.2B | ||
| Q2 25 | $3.7B | $5.9B | ||
| Q1 25 | $3.8B | $5.3B | ||
| Q4 24 | $3.7B | $5.5B | ||
| Q3 24 | $3.8B | $5.5B | ||
| Q2 24 | $3.7B | $5.5B |
| Q1 26 | — | $153.8M | ||
| Q4 25 | $57.0M | $159.8M | ||
| Q3 25 | $68.0M | $187.5M | ||
| Q2 25 | $56.0M | $174.5M | ||
| Q1 25 | $69.0M | $118.4M | ||
| Q4 24 | $215.0M | $165.4M | ||
| Q3 24 | $-43.0M | $204.3M | ||
| Q2 24 | $11.0M | $232.1M |
| Q1 26 | — | 21.2% | ||
| Q4 25 | 21.8% | 21.2% | ||
| Q3 25 | 21.5% | 21.3% | ||
| Q2 25 | 21.3% | 21.1% | ||
| Q1 25 | 21.7% | 21.1% | ||
| Q4 24 | 20.4% | 21.2% | ||
| Q3 24 | 19.9% | 22.1% | ||
| Q2 24 | 21.5% | 21.9% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | 2.4% | 5.3% | ||
| Q3 25 | 2.6% | 5.6% | ||
| Q2 25 | 2.5% | 5.5% | ||
| Q1 25 | 3.1% | 4.5% | ||
| Q4 24 | 6.9% | 5.5% | ||
| Q3 24 | -0.1% | 6.1% | ||
| Q2 24 | 1.7% | 5.9% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 1.5% | 2.6% | ||
| Q3 25 | 1.8% | 3.0% | ||
| Q2 25 | 1.5% | 3.0% | ||
| Q1 25 | 1.8% | 2.2% | ||
| Q4 24 | 5.7% | 3.0% | ||
| Q3 24 | -1.1% | 3.7% | ||
| Q2 24 | 0.3% | 4.2% |
| Q1 26 | — | — | ||
| Q4 25 | $0.25 | $3.33 | ||
| Q3 25 | $0.29 | $3.79 | ||
| Q2 25 | $0.23 | $3.83 | ||
| Q1 25 | $0.30 | $2.10 | ||
| Q4 24 | $0.89 | $3.01 | ||
| Q3 24 | $-0.19 | $3.81 | ||
| Q2 24 | $0.05 | $4.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $696.6M |
| Total DebtLower is stronger | $2.3B | — |
| Stockholders' EquityBook value | $1.2B | $5.1B |
| Total Assets | $11.3B | $17.0B |
| Debt / EquityLower = less leverage | 1.92× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $696.6M | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — |
| Q1 26 | — | — | ||
| 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 26 | — | $5.1B | ||
| Q4 25 | $1.2B | $5.0B | ||
| Q3 25 | $1.2B | $4.8B | ||
| Q2 25 | $1.2B | $4.8B | ||
| Q1 25 | $1.2B | $5.0B | ||
| Q4 24 | $1.1B | $5.0B | ||
| Q3 24 | $1.1B | $5.0B | ||
| Q2 24 | $996.0M | $4.9B |
| Q1 26 | — | $17.0B | ||
| Q4 25 | $11.3B | $16.5B | ||
| Q3 25 | $11.2B | $16.6B | ||
| Q2 25 | $11.5B | $16.2B | ||
| Q1 25 | $10.5B | $15.5B | ||
| Q4 24 | $9.9B | $15.1B | ||
| Q3 24 | $10.4B | $15.3B | ||
| Q2 24 | $10.2B | $15.1B |
| Q1 26 | — | — | ||
| 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× | — |
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 | $428.0M | $221.4M |
| Free Cash FlowOCF − Capex | $208.0M | $213.4M |
| FCF MarginFCF / Revenue | 5.4% | 3.5% |
| Capex IntensityCapex / Revenue | 5.7% | 0.4% |
| Cash ConversionOCF / Net Profit | 7.51× | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | $299.0M | $231.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $221.4M | ||
| Q4 25 | $428.0M | $71.9M | ||
| Q3 25 | $146.0M | $-82.7M | ||
| Q2 25 | $-124.0M | $107.8M | ||
| Q1 25 | $581.0M | $28.0M | ||
| Q4 24 | $260.0M | $276.6M | ||
| Q3 24 | $149.0M | $302.1M | ||
| Q2 24 | $-48.0M | $-223.8M |
| Q1 26 | — | $213.4M | ||
| Q4 25 | $208.0M | $27.5M | ||
| Q3 25 | $17.0M | $-95.9M | ||
| Q2 25 | $-267.0M | $86.0M | ||
| Q1 25 | $341.0M | $7.6M | ||
| Q4 24 | $151.0M | $252.3M | ||
| Q3 24 | $15.0M | $272.9M | ||
| Q2 24 | $-170.0M | $-244.6M |
| Q1 26 | — | 3.5% | ||
| Q4 25 | 5.4% | 0.5% | ||
| Q3 25 | 0.5% | -1.5% | ||
| Q2 25 | -7.1% | 1.5% | ||
| Q1 25 | 9.0% | 0.1% | ||
| Q4 24 | 4.0% | 4.6% | ||
| Q3 24 | 0.4% | 5.0% | ||
| Q2 24 | -4.5% | -4.5% |
| Q1 26 | — | 0.4% | ||
| Q4 25 | 5.7% | 0.7% | ||
| Q3 25 | 3.5% | 0.2% | ||
| Q2 25 | 3.8% | 0.4% | ||
| Q1 25 | 6.3% | 0.4% | ||
| Q4 24 | 2.9% | 0.4% | ||
| Q3 24 | 3.6% | 0.5% | ||
| Q2 24 | 3.3% | 0.4% |
| Q1 26 | — | 1.44× | ||
| Q4 25 | 7.51× | 0.45× | ||
| Q3 25 | 2.15× | -0.44× | ||
| Q2 25 | -2.21× | 0.62× | ||
| Q1 25 | 8.42× | 0.24× | ||
| Q4 24 | 1.21× | 1.67× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | -4.36× | -0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KD
| Principal Markets Segment | $1.4B | 37% |
| United States Segment | $958.0M | 25% |
| Strategic Markets Segment | $905.0M | 23% |
| Other | $568.0M | 15% |
WCC
| CSS | $2.5B | 41% |
| EES | $2.2B | 37% |
| UBS | $1.4B | 22% |
