Clarivate's biggest risks in the FY2024 10-K
- The company relies heavily on third-party data and must adapt to competing with free information sources.
The risks most specific to Clarivate
We are dependent on third parties, including public sources, for data, information, and other services, and our relationships with such third parties may not be successful or may change, which could adversely affect our results of operations
Substantially all products and services depend on third-party data providers and public sources.
Increased accessibility to free or relatively inexpensive information sources may reduce demand for our products and services
Increasing availability of free or cheap public information sources may reduce demand for offerings.
- Business and Operational Risks
Our Value Creation Plan may not be successful and may not lead to increased shareholder value
The new Value Creation Plan may fail to improve financial performance or increase recurring revenue.
- Business and Operational Risks
We face risks associated with having operations and employees located in Israel
Operations are exposed to political and military risks due to having an office with about 500 employees in Israel.
- Business and Operational Risks
We have incurred goodwill impairment charges and may incur further impairment charges for our goodwill and other intangible assets, which would negatively impact our operating results
Goodwill impairment charges were recorded in 2024, 2023, and 2022 due to worsening market conditions and share price declines.
- Business and Operational Risks
Uncertainty in the development, deployment, and use of AI in our products and services may result in operational or reputational damage, competitive harm, liability, and additional costs, any of which could adversely affect our business, financial condition, and results of operations
Using artificial intelligence in products and operations carries risks of operational, reputational, or competitive harm.
All 20 risk factors
Headings as the filing states them, in filing order.
Other
- 01Strategy and Market Demand Risks
- 02We are dependent on third parties, including public sources, for data, information, and other services, and our relationships with such third parties may not be successful or may change, which could adversely affect our results of operations
- 03Increased accessibility to free or relatively inexpensive information sources may reduce demand for our products and services
- 04We operate in a highly competitive industry, and we may be adversely affected by competition and other changes in our markets
- 05If our products and services do not achieve and maintain broad market acceptance, or if we are unable to keep pace with or adapt to rapidly changing technology, evolving industry standards, macroeconomic market conditions, and changing regulatory requirements, our revenues could be adversely affected
Business and Operational Risks
- 06Our Value Creation Plan may not be successful and may not lead to increased shareholder value
- 07The loss of, or the inability to attract and retain, key personnel could impair our ability to execute our business strategy and achieve future success
- 08Our business continuity plans may not be effective against events that may adversely impact our business
- 09We may be unable to derive fully the anticipated benefits from organic growth, existing or future acquisitions, joint ventures, investments, or dispositions, including anticipated revenue and cost synergies, and costs associated with achieving synergies or integrating such acquisitions may exceed our expectations
- 10We face risks associated with having operations and employees located in Israel
- 11The international scope of our operations may expose us to increased risk, and our international operations and corporate and financing structure may expose us to potentially adverse tax consequences
- 12Our brand and reputation are key assets and competitive advantages of our company, and our business may be affected by how we are perceived in the marketplace
- 13Our indebtedness could adversely affect our business, financial condition, and results of operations
- 14We have incurred goodwill impairment charges and may incur further impairment charges for our goodwill and other intangible assets, which would negatively impact our operating results
- 15Failure to obtain, maintain, protect, defend, or enforce our intellectual property rights could adversely affect our business, financial condition, and results of operations
- 16Uncertainty in the development, deployment, and use of AI in our products and services may result in operational or reputational damage, competitive harm, liability, and additional costs, any of which could adversely affect our business, financial condition, and results of operations
- 17Intellectual property litigation, including litigation related to content provided using our products and services, could result in reputational damage and significant costs, and could adversely affect our business, financial condition, and results of operations
- 18Any disruption in or unauthorized access to or breaches of our computer systems or those of third parties that we utilize in our operations, including those relating to cybersecurity or arising from cyberattacks, could adversely impact our business
- 19Our use of “open source” software could negatively affect our ability to offer our solutions and subject us to possible litigation
- 20In the ordinary course of business, we collect, store, use, and transmit certain types of information that are subject to different laws and regulations. In particular, data security and data protection laws and regulations often vary significantly by jurisdiction
Other Clarivate 10-Ks
- FY2025 10-K risk factors22 risks4 new1 dropped13 reworded
Subscription and recurring arrangements produced approximately 83% of 2025 revenue, making renewal rates and pricing critical to future results.
Filed Feb 24, 2026
About this page
The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.