Kyndryl Holdings, Inc. Annual Amortization of Intangible Assets in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Kyndryl Holdings, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2019 to 2023.
  • Kyndryl Holdings, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $7M, a 12.5% decline year-over-year.
  • Kyndryl Holdings, Inc. annual Amortization of Intangible Assets for 2023 was $30M, a 34.8% decline from 2022.
  • Kyndryl Holdings, Inc. annual Amortization of Intangible Assets for 2022 was $46M, a 24.3% increase from 2021.
  • Kyndryl Holdings, Inc. annual Amortization of Intangible Assets for 2021 was $37M, a 27.6% increase from 2020.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $30M -$16M -34.8% Apr 1, 2023 Mar 31, 2024 10-K 2024-05-30
2022 $46M +$9M +24.3% Apr 1, 2022 Mar 31, 2023 10-K 2024-05-30
2021 $37M +$8M +27.6% Jan 1, 2021 Dec 31, 2021 10-K 2024-05-30
2020 $29M $0 0% Jan 1, 2020 Dec 31, 2020 10-K 2023-05-26
2019 $29M Jan 1, 2019 Dec 31, 2019 8-K 2022-05-26
* An asterisk sign (*) next to the value indicates that the value is likely invalid.