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Waste Management10-K: Customer churn

WM facing customer churn in Healthcare Solutions due to ERP system and billing issues post-Stericycle acquisition.

What happened

The integration of Stericycle is causing significant operational disruption, particularly with its ERP system, leading to billing problems and customer loss. This indicates a critical need for solutions that can stabilize customer data, improve billing accuracy, and enhance customer experience to prevent further churn.

Source

SEC EDGARFeb 9, 2026

Annual report (Form 10-K)

Waste Management 10-K

Filing excerpt

disruptions resulting from deployment of operational or technological systems, including with respect to Healthcare Solution’s enterprise resource planning (“ERP”) system and related billing and collection issues and delays; customer loss resulting from frustration due to billing or service issues;

sec.gov/Archives/edgar/data/823768/000110465926012049/wm-20251231x10k...Read 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.

Filed
Feb 9, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Details

CIK
823768
Accession number
0001104659-26-012049
Timeframe
Current year
Filing year
2026
Why it matters
Customer success tools needed
Signal category
Revenue

Topics and mentions

Technologies

  • ERP

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
Feb 10, 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/2362cd3f-b828-4960-a9f0-90974c0702f7 returns this record as JSON. POST /v1/companies/enrich returns every signal for wm.com.

{
  "signal_id": "2362cd3f-b828-4960-a9f0-90974c0702f7",
  "signal_type": "sec-10k",
  "signal_subtype": "customerChurn",
  "detected_at": "2026-02-10T07:48:39.98+00:00",
  "company": {
    "name": "Waste Management",
    "domain": "wm.com"
  },
  "data": {
    "detail": "The integration of Stericycle is causing significant operational disruption, particularly with its ERP system, leading to billing problems and customer loss. This indicates a critical need for solutions that can stabilize customer data, improve billing accuracy, and enhance customer experience to prevent further churn.",
    "metrics": {
      "timeframe": "current_year"
    },
    "summary": "WM facing customer churn in Healthcare Solutions due to ERP system and billing issues post-Stericycle acquisition.",
    "excerpts": "disruptions resulting from deployment of operational or technological systems, including with respect to Healthcare Solution’s enterprise resource planning (“ERP”) system and related billing and collection issues and delays; customer loss resulting from frustration due to billing or service issues;",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/823768/000110465926012049/wm-20251231x10k.htm",
    "filing_date": "2026-02-09",
    "filing_year": 2026,
    "sales_relevance": "Customer success tools needed",
    "signal_category": "revenue",
    "technologies_mentioned": [
      "ERP"
    ]
  }
}

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