SEC EDGAR Fundamentals

What is EDGAR data?

Every public company must file financial statements with the SEC. This page shows you the actual numbers from those filings — what a company earns, owns, and spends. Think of it as the company's financial report card.

The three statements

  • Income Statement — How much money did the company make? Revenue (sales) minus costs equals profit. This is the "P&L" and the most watched by traders.
  • Balance Sheet — What does the company own vs owe? Assets minus liabilities equals equity (what shareholders actually own). Shows financial health.
  • Cash Flow — Where did actual cash come from and go? A company can show accounting profit while burning cash. Cash flow is harder to fake than earnings.

What to look for

Healthy signs: Revenue growing quarter over quarter. Margins expanding. Cash flow exceeding reported net income. Debt declining.

Warning signs: Revenue declining while earnings are flat (cost-cutting can only last so long). Cash flow negative while net income positive. Debt growing rapidly.

  • Revenue trend matters most — is the business actually growing? Flat or shrinking revenue is a red flag no matter what earnings say.
  • Compare quarter-to-quarter (10-Q) for trends, but use annual (10-K) to avoid seasonal noise.
  • Earnings surprises drive short-term stock moves. If revenue is growing faster than analyst expectations, the stock often re-rates higher.

Select a company above to view financial statements