How to read a 10-K for sales
Read three parts of the 10-K. Item 1 covers what the company sells, Item 1A its risks, and Item 7 management's view of the year. Find the plans and problems your product touches, then quote the line and the filing date in your outreach.
Key takeaways
- Item 1A lists the most significant risks, and companies generally list them in order of importance (SEC).
- Item 7, the MD&A, gives the company's perspective on the results of the past year (SEC).
- SEC EDGAR full-text search finds a phrase across all filings for free.
Which parts of a 10-K matter for sales?
| Section | What it covers | What to look for |
|---|---|---|
| Item 1: Business | What the company sells and how it operates | New products, markets or segments |
| Item 1A: Risk Factors | The most significant risks, in order of importance | Risks your product reduces, such as outages or system migrations |
| Item 7: MD&A | Management's view of the year's results | Plans, investments and problems management names |
How do you search 10-Ks for signals?
- Open SEC EDGAR full-text search.
- Search for a phrase your buyers use, such as system migration, in quotes.
- Filter by form type 10-K and by filing date.
- Open each result and read the sentence around the phrase.
- Copy the exact line and the filing date into your account brief.
How can you do this for every account?
Kalko does this research for every account in your market and keeps the source and date on each claim. It starts at $99 per month, with a 200-credit trial.
Questions people ask
What is a 10-K?
A 10-K is the annual report that US public companies file with the SEC. It describes the business, its risks and its financial results.
Where can I read a company's 10-K for free?
On SEC EDGAR. Search the company name, then filter by form type 10-K.
Can I quote a 10-K in a cold email?
Yes. A 10-K is a public document. Quote the line exactly and name the filing and its date.
Sources
- SEC Investor Bulletin: How to Read a 10-K, checked October 22, 2026
- SEC EDGAR full-text search, checked October 22, 2026
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