NEUTAUR/Data Glossary/Form 10-K (Annual Report)

Form 10-K (Annual Report)

Form 10-K is the comprehensive annual report a U.S. public company files with the SEC — audited financial statements, a description of the business, and its risk factors.

Form 10-K is the most complete yearly filing a U.S. public company makes with the Securities and Exchange Commission. It contains audited financial statements, a narrative description of the business and its segments, management’s discussion of results, and a section of risk factors. Because it is audited and standardized, it is a primary reference for what a company actually reports about itself.

Why it is useful

The 10-K is where a company describes, in its own words and numbers, which businesses it operates and how revenue breaks down across them. That makes it a reliable, public basis for classifying a company into the industries it actually operates in — rather than inferring it from news or market labels.

How NEUTAUR uses it

NEUTAUR reads segment and product revenue and the business description from a company’s own 10-K to sort it into industries and to place its reported financials next to physical and trade data. Classification is treated as an estimate and labeled as one.

Limits

  • A 10-K is annual, so it can be months old relative to current activity.
  • Foreign issuers file analogous reports (such as Form 20-F) on different schedules and formats.
  • It reflects what the company chose to disclose and how it defined its own segments.

Data source

SEC EDGAR — Form 10-K annual reports