10-Qs are quarterly reports that publicly traded companies must file with the SEC. They provide a comprehensive overview of the company's financial performance and condition over the quarter.
5 Must Know Facts For Your Next Test
10-Qs include unaudited financial statements for the quarter.
They must be filed within 40 days of the end of each fiscal quarter.
10-Qs offer detailed information on a company’s earnings, sales, and expenses, as well as management's discussion and analysis (MD&A).
Unlike annual reports (10-K), 10-Qs do not usually include extensive notes to the financial statements.
The SEC requires three 10-Q filings per year, with the fourth quarter covered by the annual report (10-K).
Review Questions
What is included in a company's 10-Q filing?
How often must companies file a 10-Q with the SEC?
What distinguishes a 10-Q from a company's annual report?