10-K Filings

Overview

The 10-K is the comprehensive annual report that US public companies are required to file with the SEC.

Every week, we scan SEC EDGAR for new filings across 8,000+ publicly traded companies. For any 10-K filed in the past 7 days, our pipeline extracts and analyzes the full document—with particular emphasis on the Management Discussion & Analysis (MD&A) and Risk Factors sections, where companies disclose their strategic priorities, operational challenges, and forward-looking concerns.

Each filing is classified into one or more of 70+ event subtypes (leadership changes, acquisitions, cost reduction initiatives, cybersecurity investments, etc.) using a model we've fine-tuned specifically for SEC document analysis.

A single filing can produce between 5-25 signals, depending on how many relevant initiatives or pain points can be inferred accurately from the document's content.

Available Subtypes

Signal Categories

Signals are organized into these categories:

Schema

{
  "signal_id": "1ef7cc0d-d867-48bc-af8d-06ac5dc7d254",
  "batch_id": "22d6af9d",
  "signal_type": "10k",
  "signal_subtype": "capexIncrease",
  "detected_at": "2025-12-20T14:32:18.073455Z",
  "association": "company",
  "company": {
    "name": "Applied Materials, Inc.",
    "domain": "www.appliedmaterials.com",
    "ticker": "AMAT",
    "linkedin_url": "https://www.linkedin.com/company/applied-materials",
    "industries": [
      "Semiconductors"
    ],
    "employee_count_low": 36000,
    "employee_count_high": 36000,
    "description": "Applied Materials is a leader in materials engineering solutions used to produce virtually every new semiconductor and advanced display in the world."
  },
  "data": {
    "summary": "AMAT nearly doubles CapEx to $2.26B in FY2025, driven by US infrastructure investment.",
    "detail": "Capital expenditures surged by $1.07B (+90%) year-over-year, with long-lived assets in the U.S. increasing by over $1.3B. This massive budget signals major spending on new facilities, manufacturing capacity, and supporting infrastructure.",
    "relevance": 0.9,
    "confidence": "high",
    "sentiment": "positive",
    "excerpts": "Capital expenditures $2,260 million for fiscal 2025 versus $1,190 million in fiscal 2024, an increase of $1,070 million.",
    "source_url": "https://www.sec.gov/Archives/edgar/data/6951/000162828025056742/amat-20251026.htm",
    "technologies_mentioned": [
      "semiconductor manufacturing",
      "advanced displays"
    ],
    "fiscal_year_end": "10/26",
    "filing_year": 2025,
    "sales_relevance": "Budget available",
    "competitors_mentioned": null,
    "regions_mentioned": [
      "United States"
    ],
    "vendors_mentioned": null,
    "signal_category": "financial",
    "metrics": {
      "dollar_millions": 2260,
      "dollar_context": "Total capital expenditures for fiscal year 2025, up from $1,190M in 2024.",
      "pct": 0.9,
      "pct_context": "Year-over-year increase in capital expenditures.",
      "timeframe": "current_year"
    }
  }
}

Field Reference

Core Fields

Company Object

Data Object

Data Activation

Timing

detected_at is when Autobound extracted the signal from the filing. The underlying business event may have occurred days or weeks earlier. Use filing_year (coming Feb 1, 2026) to understand which fiscal year the filing covers, and source_url to access the original SEC filing for verification.

Coming soon: We're adding a filed_at field that captures the actual SEC submission date. This will let you calculate the exact lag between when the filing was submitted and when we processed it.

Uniqueness

One signal per subtype per company per fiscal year. For example, if we detect ceoChange in Apple's FY2025 10-K, we won't fire another ceoChange for Apple until their FY2026 10-K is filed. Different subtypes from the same filing are separate signals (e.g., one company's 10-K might produce both ceoChange and aiInvestment).

Delivery

Each delivery arrives in a timestamped folder. Signals in that folder cover the window between this delivery and the previous one. Treat all signals in a new folder as recent and actionable—no need to diff against prior deliveries.

API Usage

Generate Content API

{
  "enabledInsights": [
    "aiInvestment",
    "digitalTransformation",
    "marginPressure"
  ],
  "disabledInsights": []
}

Generate Insights API

{
  "insightSubtype": "aiInvestment"
}

Example Output

"Saw that Applied Materials nearly doubled their CapEx to $2.26B this year—massive investment in US manufacturing capacity. If you're scaling infrastructure to support that kind of growth, would love to share how we're helping similar semiconductor companies optimize their facility buildouts."

Coverage

• Refresh: Quarterly
• Coverage: ~4,500 US public companies
• Best for: Enterprise sales, Strategic accounts, C-suite engagement