About EarningsGrade
Why we built this
Most retail investors never read the 10-K. Most investment apps tell you "buy" or "sell" without showing you what's actually in the audited financial statements. EarningsGrade exists to flip that: we read the 10-K so you can see the red flags before you buy, not after.
How we work
Every report combines two layers. The first is automated forensic screening — 18 quantitative checks plus three academic scoring models (Beneish M-Score, Altman Z-Score, Dechow F-Score) running over 5 years of financial data. The second is hand-written analysis — we download the actual 10-K from SEC EDGAR and quote directly from the filing's risk factors, MD&A, and auditor's critical audit matters.
What we cover
Currently 199 companies: the full NASDAQ 100 plus 100 S&P 500 names from the healthcare and industrial sectors. We expand coverage weekly. The full S&P 500 is next on the roadmap.
What we are not
EarningsGrade is not investment advice. A passing grade does not mean buy. A failing grade does not mean sell. We help you screen out companies with red flags worth investigating — not pick winners. Some companies (banks, REITs, capital-intensive utilities) trigger structural false positives in standard screening models; we explain these in individual reports.
Who we are
EarningsGrade is built by an independent team. We have no relationship with the companies we cover, no paid placements, and no analyst incentives. Reports are based exclusively on publicly available filings and financial data.