Kyndryl Holdings (KD) risk factors, FY2025 10-K

Risks Relating to Our Business

1. 01An inability to attract new customers, retain existing customers and sell additional services to customers could adversely impact our revenue and results of operations
2. 02We may not meet our growth and productivity objectives and maintain our capital allocation strategy
3. 03Competition in the markets in which we operate may adversely impact our results of operations
4. 04Our business could be adversely impacted if we do not successfully manage and/or develop our relationships with critical suppliers and partners
5. 05If we are not able to continue addressing and adapting to technological developments and trends that serve customer demands or drive efficiency, our growth plans, market share and financial performance could be negatively affected
6. 06If we are unable to attract and retain key personnel and other skilled employees, our business could be harmed
7. 07Due to our global presence, our business and operations could be adversely impacted by economic, geopolitical, public health and other conditions
8. 08Damage to our reputation could adversely impact our business
9. 09If we are unable to accurately estimate the cost of services and the timeline for completion of contracts, the profitability of our contracts may be materially and adversely affected
10. 10Service delivery issues could adversely impact our business and operating results
11. 11Risks from acquisitions and dispositions include integration challenges, failure to achieve objectives, the assumption of liabilities and higher debt levels
12. 12We could be adversely impacted by our business with foreign, state and local government customers
13. 13Intellectual property matters could adversely impact our business
14. 14We may be required to record impairment charges to future earnings if our goodwill or long-lived assets become impaired

Risks Relating to Cybersecurity, Data Governance and Privacy

1. 15Cybersecurity, data governance and privacy considerations could adversely impact our business

Risks Relating to Laws and Regulations

1. 16Our global operations expose us to numerous and sometimes conflicting legal and regulatory requirements, and violation of these regulations could harm our business
2. 17Tax matters could impact our results of operations and financial condition
3. 18We are subject to legal proceedings and investigatory risks
4. 19We could incur costs for regulated environmental matters
5. 20Expectations relating to environmental, social and governance initiatives and considerations could expose us to potential liabilities, increased costs and reputational harm

Risks Relating to Financing and Capital Markets Activities

1. 21A lowering or withdrawal of the ratings, outlook or watch assigned to our debt securities by rating agencies may increase our future borrowing costs, reduce our access to capital and adversely impact our financial performance
2. 22The commercial and credit environment may adversely affect our access to capital
3. 23Our financial performance could be adversely impacted by changes in market liquidity conditions and by customer credit risk on receivables
4. 24Our results of operations and financial condition could be negatively impacted by our pension plans
5. 25We are exposed to currency risk that can adversely impact our revenue and business

Risks Relating to Our Common Stock and the Securities Market

1. 26Certain provisions in our Amended and Restated Certificate of Incorporation and Amended and Restated By-Laws and Delaware law may discourage takeovers and limit the power of our stockholders