10K Annual Reports

How to read 10-K reports like a pro

The Form 10-K is a long, detailed annual report on financials and operations that companies must submit to the SEC. It is one of the most important filings for investors to understand before buying or selling stock. Docoh helps you quickly cut-through the noise and get straight to the details.

10K annual report filing
10K filing diff with changes highlighted

Ignore the boilerplate text

The SEC imposes a formal structure to 10-K annual reports, so most companies use the same template every year. This makes it tiring to read one report after another, because most of the text is the same and important changes can be missed. Docoh diffs highlight any text that’s been added, removed or changed from one year to the next, so you can quickly discover exactly what’s different in each 10-K, and skip the template text.

Analyze the subtext

Academic research suggests that the use, or change, of specific language in a 10-K filing can correlate with future stock price. Docoh provides sentiment analysis next to each annual report, based on the findings of the research papers. Also, added and removed word lists let you quickly see words that are new to the current filing, or missing words that were previously used.

Sentiment analysis example from Netflix 10-K report

Search 10-K filings

With the most powerful SEC filing search on the market, it’s quick and easy to search across annual reports for the information you need to make an investment decision. For example:

Get annual report alerts

It’s time consuming to stay on top of all the companies you’re researching. Use Docoh filing alerts to have new 10-K reports automatically emailed to your inbox.

Use financial data

All modern 10-K filings come with Excel files of audited financial data that you can view in Docoh or download and use in your models.

Save your favorites

Use Docoh favorites to bookmark companies, filings or diffs to your personal dashboard.