SEC 10-K year-over-year changes
sec_section_changesAnswers "What changed in Tesla's risk factors this year?", "Which new risks did Apple add?" or "How did Microsoft's MD&A change since 2022?". Compares one section of a company's 10-K with the same section of an earlier 10-K from SEC EDGAR, paragraph by paragraph: paragraphs added (new risk factors appear here), removed, and edited, each edit with a word-level diff marking deletions [-like this-] and insertions {+like this+}, plus a summary (counts and the share of text unchanged). Moved but identical paragraphs count as unchanged. Defaults to the latest 10-K against the one before it; pass fiscal_year or accession_number for the newer report and compare_to_fiscal_year for the older one (2001 on). Sections: Risk Factors, MD&A, Business, Legal Proceedings, Market Risk, Cybersecurity (filed from late 2023 on). By ticker, CIK or company name, with sec.gov links for both filings. Use it for risk monitoring, due diligence and investment research without reading two 100-page filings. If either report lacks the section you get 404, free. You are only charged when a result is returned: invalid input (400) and upstream failures (4xx/5xx) are not settled. Costs $0.04 USDC per call via x402. Paid per call with x402 inside MCP (see the server instructions).
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| cik | No | SEC Central Index Key, e.g. 320193. Use this, `ticker` or `company`. | |
| via | No | Optional: the tool whose next_calls suggested this call (filled in for you). | |
| ticker | No | US stock ticker, e.g. AAPL, MSFT, BRK-B. Use this, `cik` or `company`. | |
| company | No | Company name, e.g. "Apple" or "Coca-Cola". Use this, `ticker` or `cik`; a name matching several companies returns their tickers, free. | |
| section | Yes | Which 10-K section to compare: risk_factors, mda, business, legal_proceedings, market_risk or cybersecurity. | |
| fiscal_year | No | The newer report: the 10-K whose fiscal year ends in this year. Default: the latest 10-K. | |
| accession_number | No | The newer report as an exact 10-K filing, instead of `fiscal_year`. | |
| compare_to_fiscal_year | No | The older report to compare against: the 10-K for this fiscal year. Default: the 10-K just before the newer one. |