Danny Rand returns home to New York City after 15 years living in far East, but finds it difficult to convince the people running his family company -- childhood friends Joy and Ward meachum -- that he is who he says he is.
Held in a psychiatric hospital Danny recalls the fateful plane crash that changed his life, and appeals to Colleen Wing for help -- while Harold Meachum takes steps to learn more about where Danny has been for the past 15 years.
Frustrated at Ward and Joy's attempt to buy him off, Danny goes to his old family lawyer for help in getting back his company and restoring his name. Harold finds himself under the scrutiny of his mysterious captors, and Colleen finds Danny's presence more trouble than it is worth after her dojo is attacked.
Harold brings Danny into his confidence and back inside Rand, hoping to gain an ally against the Hand. While Danny struggles to fit in Colleen returns to the fight club, and a criminal gang makes a play for retribution.
Danny sets his mind to track down the source of a new synthetic form of heroine that has arrived in New York, appealing to Colleen -- and her new student Claire Temple -- for help. Meanwhile Joy defends the corporation from a lawsuit threat, and Ward defies his father.
To rescue the daughter of the chemist being manipulated by the Hand, Danny submits to a tournament against a series of deadly foes. While Claire and Colleen fight to keep their patient alive, Ward continues his downward spiral.
As Danny regroups following the tournament Madame Gao pays him a visit, and he learns how deep into Rand the Hand is. Meanwhile Harold calls upon Ward to help him clean up a problem in the penthouse, and Joy struggles to get Danny to satisfy the company's board.
Danny hatches a foolhardy plan to travel to China and abduct Madame Gao, and Colleen and Claire determine to go with him. Joy and Ward struggle to come to terms with the board's efforts to push them out, and Ward decides to tell her the truth.
Holding Gao captive inside Colleen's dojo, Danny and his friends consider the best way to get information out of her. Harold Meachum returns from the dead but isn't quite himself, and Ward has a run-in with the law.
Colleen takes Danny inside Bakuto's secure compound, where his potential new ally offers to teach Danny more about his abilities. Meanwhile Joy comes to terms with her new reality, and Harold makes a move to secure his family's legacy at Rand.
After escaping from Bakuto's compound Danny turns to Claire for help recovering, while Davos tries to convince Danny to return with him to K'un-Lun. Joy finds a way to cripple the Hand's assets, and Colleen finds herself torn in her allegiances.
Bakuto strikes an alliance with Ward, freeing him from the hospital and setting the stage for a bloody confrontation with Harold -- and a trap Danny cannot avoid.
With Danny and Colleen on the run from the law, Harold's efforts to return to power atop Rand Enterprises is complicated when it looks like his children may be turning against him. Danny sets his mind to killing the person responsible for his parents' crash.