# Summarizing 10-K Filings

A **10-K** is an annual report that publicly traded companies in the U.S. must file with the Securities and Exchange Commission (SEC). It provides a comprehensive summary of the company’s financial performance over the past fiscal year and includes more detailed information than the quarterly [10-Q](https://finbotica.gitbook.io/finbotica-documentation/analysis/stock/summarizing-10-q-filings) report.

Key sections of a 10-K include:

* **Business Overview**: A description of the company’s operations, markets, and products or services.
* **Management Discussion**: Management’s perspective on the company’s financial performance, trends, and future outlook.
* **Risks**: A detailed list of potential risks that could affect the company’s business.

The 10-K is used by investors to get an in-depth understanding of the company’s financial health, performance, and long-term risks.

Finbotica summarizes the key components of a 10-K, saving investors valuable time and effort in analysis. 

<figure><img src="https://760122572-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FBQ8MM6oUzyi3cykjlpEI%2Fuploads%2F5LScr5G7wQuWGrGtkeDj%2Ffinbotica-10k-summary.png?alt=media&#x26;token=f782122f-4155-405f-abc0-a9fe0fd2a5c5" alt=""><figcaption></figcaption></figure>