EDGAREDGAR

EDGAR is the SEC's free online database of company filings — annual and quarterly reports, insider trades, ownership disclosures and offering documents. It is the primary source for researching US public companies.

Analysts, journalists and investors all start in the same place: EDGAR. It holds the official documents companies must file with the SEC, from 10-K annual reports to Form 4 insider trades. It's free, searchable and often more reliable than summaries elsewhere. This entry explains what's in EDGAR and how to use it.

Category
Fundamentals and Macroeconomics
Reading time
3 min
Also called
SEC EDGAR, EDGAR database, Electronic Data Gathering, Analysis, and Retrieval
Updated

EDGAR in plain words

The SEC's EDGAR database gives free public access to corporate information, so investors can research companies quickly.1

You can find registration statements, periodic reports and other forms by searching a company's name or ticker.2

Full-text search covers more than 20 years of EDGAR filings, filterable by date, company, person, category and location.2

How to use EDGAR, step by step

  1. Search the company

    By name, ticker or CIK number.

  2. Find the 10-K

    The annual report. See SEC Filings: 10-K, 10-Q and 8-K.

  3. Check 10-Qs

    Quarterly updates.

  4. Read 8-Ks

    Material events. See Earnings Surprise.

  5. Check Form 4s

    Insider buying and selling. See Insider Trading.

  6. Use full-text search

    Find words across all filings.

Worked examples

Example 1 — Insider purchase

$900k buy

A Form 4 shows a CEO bought 20,000 shares at $45.

Example 1 — Insider purchase — calculation
Value20,000 × $45 = $900,000

Insider trades are reported in filings available through EDGAR.1 See Insider Trading.

Example 2 — Spotting a risk

Red flag

Full-text search for "going concern" finds a warning in a company's latest 10-K.

Example 2 — Spotting a risk — calculation
SignalAuditor doubts survival

Full-text search across years of filings helps uncover risks quickly.2 See Zombie Companies.

Example 3 — Prospectus

Due diligence

Before an IPO, you read the registration statement on EDGAR.

Example 3 — Prospectus — calculation
DocumentS-1 with risk factors and financials

Registration statements are searchable on EDGAR. See Prospectus.

Common EDGAR filings

AspectWhat it isWhen
10-KAnnual reportYearly
10-QQuarterly reportThree times a year
8-KMaterial eventsWithin days of the event
Form 4Insider tradesWithin two business days

How investors use EDGAR

Advantages and disadvantages

Advantages

  • Free and official.
  • Complete filing history.
  • Full-text search.

Disadvantages

  • Documents are long.
  • Interface can feel dated.
  • US companies only (plus foreign filers).

Going deeper

Read as far as you need. Each level builds on the one before it.

Why primary sources

Beginner

EDGAR gives direct access to company information rather than second-hand summaries.1

Searching efficiently

Intermediate

Use the full-text search to find phrases such as "material weakness" across years of filings.2

13F filings

Advanced

Large institutional managers file quarterly 13F holdings reports, which many investors track. See Coattail Investing.

Common mistakes

  1. Relying on summaries only

    Check the original filing.

  2. Skipping risk factors

    Key warnings live there.

  3. Ignoring 8-Ks

    Material news appears first there.

  4. Misreading 13Fs

    They're delayed and long-only.

Check your understanding

Test yourself before moving on. Each answer comes with an explanation.

Q1Which filing is a company's annual report?
Q2Is EDGAR free to use?

Key points to remember

  1. EDGAR is the SEC's free filing database.
  2. It holds 10-Ks, 10-Qs, 8-Ks and insider forms.
  3. Full-text search covers 20+ years.
  4. It's the primary source for company research.
  5. Read originals, not just summaries.

Frequently asked questions

What does EDGAR stand for?

Electronic Data Gathering, Analysis, and Retrieval.

Can I find foreign companies?

Yes, if they file with the SEC, such as companies with US listings.

How quickly are filings available?

Usually within minutes of being filed.

Further learning

Sources

This article is written in our own words. The sources below support the specific facts, rules and figures marked with a number in the text. Links open the original publisher’s page.

  1. Investor.gov (SEC). EDGAR (glossary) (opens in a new tab) Checked .
  2. U.S. SEC. Search Filings (EDGAR) (opens in a new tab) Checked .

Educational content, not financial advice. Examples use hypothetical prices and simplified costs; actual fees, margin rules and regulations vary by broker, market and country. We are not affiliated with any publisher linked above. Last reviewed . Report an error or request a source credit.