By the ThesisLoop team · Updated 2 Jul 2026
How to Analyze a 10-K With AI: Section-by-Section Guide
Work through a 10-K item by item with AI — business, risk factors, MD&A, and statements — while keeping every extracted claim cited.
Informational research only. ThesisLoop is not investment advice, a stock recommendation, or a guarantee of returns.
Who this page is for
US investors and analysts reading annual filings
Example assets to start with
Why this matters now
AI can now read a full 10-K in minutes, but investors searching for a method want section-level tasks and checks, not a single lossy summary.
ThesisLoop research prompt
Analyze the latest 10-K for [company] section by section — Item 1 business, Item 1A risk factors, Item 7 MD&A, Item 8 statements — and return cited findings with year-over-year risk-factor changes flagged.
Start with this promptEvidence checks
Diff Item 1A risk factors against the prior year's 10-K and label each risk as new, expanded, softened, or removed.
Reconcile MD&A claims about growth, margins, and liquidity against the Item 8 financial statements and notes.
Extract segment revenue, operating income, and geographic mix from the segment note rather than management summaries.
Keep every extracted claim tied to its 10-K item and page, and spot-check AI readings of tables, footnotes, and adjusted metrics.
Research questions
Which risk factors changed this year, and does MD&A acknowledge them?
Do the audited statements support the growth and margin narrative in MD&A?
What do the segment and geographic disclosures reveal that the headline numbers hide?
Where did the AI misread a table, footnote, or non-GAAP reconciliation, and did a citation catch it?
Public report examples
Use these published reports as examples of source-backed research structure: claims, evidence, risks, and follow-up questions. They are educational examples, not investment advice or recommendations.
Keywords this page covers
The goal is not a keyword list. The goal is to turn a search query into a specific, source-backed research workflow.
Related research topics
Move from a broad theme into adjacent company-level diligence.