Risk factors
Automatic Data Processing (ADP) risk factors
Item 1A of every Automatic Data Processing Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors9 risks1 new2 dropped3 reworded
New disclosure highlights PEO compliance, potential business-model changes, fines, and responsibility for timely remittance of client payroll taxes.
Filed Aug 05, 2026 - FY2025 10-K risk factors10 risks
Wisely payment offerings expose ADP to complex non-uniform regulations and compliance scrutiny. Massive data processing and client fund handling create severe cybersecurity and privacy breach risks. Rapid technological shifts like artificial intelligence demand continuous solution upgrades to maintain competitiveness.
Filed Aug 06, 2025