The company is experiencing lower average merchant discount rates, its largest revenue source, due to shifts in geographic and merchant spend mix. This pressure on a core revenue driver creates a need for solutions that can increase merchant value, optimize pricing, or reduce processing costs.
Filing excerpt
Discount revenue increased, primarily driven by an increase in billed business of 8 percent, partially offset by lower average merchant discount rates due to shifts in geographic and merchant spend mix.
What this signalsFilings often name leadership changes, deals and spending plans.
Regions named
sec-10kpricingPressureGet every 10-K signal for American Express and the companies you sell to, in the tools you already use.
Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at American Express this week?”
The Signal API returns 10-K signals for any list of companies as JSON, for your CRM, warehouse or app.
Sign up and spend your free credits on the companies you sell to.
This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/3b00ba0d-3618-4590-b7e0-19df5b4d3804 returns this record as JSON. POST /v1/companies/enrich returns every signal for americanexpress.com.
{
"signal_id": "3b00ba0d-3618-4590-b7e0-19df5b4d3804",
"signal_type": "sec-10k",
"signal_subtype": "pricingPressure",
"detected_at": "2026-02-10T07:48:41.517+00:00",
"company": {
"name": "American Express",
"domain": "americanexpress.com"
},
"data": {
"detail": "The company is experiencing lower average merchant discount rates, its largest revenue source, due to shifts in geographic and merchant spend mix. This pressure on a core revenue driver creates a need for solutions that can increase merchant value, optimize pricing, or reduce processing costs.",
"metrics": {
"timeframe": "current_year"
},
"summary": "Average merchant discount rates are declining, offsetting revenue growth from higher spending.",
"excerpts": "Discount revenue increased, primarily driven by an increase in billed business of 8 percent, partially offset by lower average merchant discount rates due to shifts in geographic and merchant spend mix.",
"relevance": 0.8,
"sentiment": "negative",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/4962/000000496226000080/axp-20251231.htm",
"filing_date": "2026-02-06",
"filing_year": 2026,
"fiscal_year_end": "12/31",
"sales_relevance": "Cost optimization needed",
"signal_category": "market",
"regions_mentioned": [
"United States",
"United Kingdom",
"European Union",
"Australia",
"Japan",
"Canada",
"Mexico"
]
}
}
curl https://signals.autobound.ai/v1/signals/3b00ba0d-3618-4590-b7e0-19df5b4d3804 \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"americanexpress.com","limit":20}'Long text fields are shortened on this page.
Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.