Kyndryl Holdings Inc. is under scrutiny following a February 9, 2026 announcement that the company is reviewing its cash management procedures as part of an internal accounting investigation. The company disclosed it expects to report "material weaknesses" in its internal controls and is developing a remediation plan. The investigation centers on the accuracy of Kyndryl's cash-flow disclosures, particularly the shift from reporting "adjusted free cash flow" to "free cash flow" after spin-related costs were deemed immaterial. Concerns have been raised that these cash-flow adjustments, which were characterized as immaterial, may have actually been significant or affected by internal-control deficiencies, potentially misleading investors about the company's financial integrity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kyndryl Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY86259) on February 11, 2026, and is solely responsible for the information contained therein.