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American Tower10-K: Customer churn

Experienced approximately 2% tenant billings churn in 2025, driven by U.S. & Canada.

What happened

The company lost about 2% of its tenant billings due to lease cancellations or non-renewals, with the impact concentrated in its core U.S. & Canada segment. This creates pressure to improve tenant retention and asset value to mitigate revenue loss.

Source

SEC EDGARFeb 24, 2026

Annual report (Form 10-K)

American Tower 10-K for FY2025

Filing excerpt

During the year ended December 31, 2025, churn was approximately 2% of our tenant billings, primarily driven by churn in our U.S. & Canada property segment.

sec.gov/Archives/edgar/data/1053507/000105350726000035/amt-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Customer churn

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 24, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Percent
2% (Tenant billings churn for the year ended Dec 31, 2025)

Details

CIK
1053507
Accession number
0001053507-26-000035
Timeframe
Current year
Filing year
2026
Why it matters
Customer success tools needed
Signal category
Revenue

Topics and mentions

Regions named

  • U.S. & Canada

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Mar 3, 2026
signal_type
sec-10k
signal_subtype
customerChurn

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The API returns more than this page shows

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 API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/342102f1-9d5a-4e12-b56c-b94406998a06 returns this record as JSON. POST /v1/companies/enrich returns every signal for americantower.com.

{
  "signal_id": "342102f1-9d5a-4e12-b56c-b94406998a06",
  "signal_type": "sec-10k",
  "signal_subtype": "customerChurn",
  "detected_at": "2026-03-03T05:51:34.074+00:00",
  "company": {
    "name": "American Tower",
    "domain": "americantower.com"
  },
  "data": {
    "detail": "The company lost about 2% of its tenant billings due to lease cancellations or non-renewals, with the impact concentrated in its core U.S. & Canada segment. This creates pressure to improve tenant retention and asset value to mitigate revenue loss.",
    "metrics": {
      "pct": 0.02,
      "timeframe": "current_year",
      "pct_context": "Tenant billings churn for the year ended Dec 31, 2025"
    },
    "summary": "Experienced approximately 2% tenant billings churn in 2025, driven by U.S. & Canada.",
    "excerpts": "During the year ended December 31, 2025, churn was approximately 2% of our tenant billings, primarily driven by churn in our U.S. & Canada property segment.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1053507/000105350726000035/amt-20251231.htm",
    "filing_date": "2026-02-24",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Customer success tools needed",
    "signal_category": "revenue",
    "regions_mentioned": [
      "U.S. & Canada"
    ]
  }
}

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