Research Briefs
The Intelligence Brief is a plain-language analytical read on a company — the verdict up top, then what changed, growth quality, margins and accounting, capital allocation, real risks, and the long arc. It's built from the company's own filings; every figure is checked against the filed record before it's served.
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Cloud revenue grew, but AI infrastructure capex erased free cash flow.
+8% revenue to $57.4B · $17.7B operating income, 30.8% margin · −$394M free cash flow after $21.2B capex · $10.8B cash every figure → its filing
Written by reading the 10-K, the proxy and recent insider forms — then every stated figure is audited against raw SEC data. Mismatch → the brief is rejected, never served.
Watch it work
A real brief run: Briefs reads the annual report, compares it with last year, checks every figure, then writes what changed and what to watch. It cycles through three companies.
Apple’s growth now comes from Services. It grew twice as fast as the company and is a quarter of revenue, while Greater China fell for a third year.
The writer reads the 10-K, the DEF 14A proxy and recent Form 4s — not a summary of them. Its instructions are strict: never write from memory, never invent a figure, a metric not in the source is 'N/A', never estimated.
Every figure the brief states is compared with raw SEC data and the computed year-over-year change report. A brief with a mismatched number is rejected and never published — rejections are stored for audit, not shown to you.
Each brief knows which filings it was built on. When a newer annual filing lands, the brief is flagged for regeneration — and its freshness status is monitored continuously.
FAQ
Two layers. The numbers it cites are matched to AnalystBook's computed record and raw SEC data — a brief whose figures don't match is rejected before anyone sees it. And the prose is written by reading the actual filings under honest-or-absent rules: a figure not in the source is stated as unavailable, never invented.
Covered companies today, with coverage expanding across the universe — the system that writes them is built to scale, and every new brief passes the same SEC figure check before it's served. The structured company record, forensic signals, filing reader and Ana cover all 6,300+ companies regardless.
No. It's an analytical reading of the company's own filings — what the business is, what changed, where the risks are — with no buy, sell or hold view. For research purposes only.
A chatbot summarizes what you paste and can't tell you when it's wrong. The brief is written from the full filing set, structured into nine analytical sections, and — the part no chat tool does — audited figure-by-figure against SEC data before publication, with the verdict stored on the brief.
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14 days free, no credit card required. Cancel any time before the trial ends.
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