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Compare · Filings infrastructure

The SEC EDGAR alternative for global filings infrastructure.

EDGAR is the US Securities and Exchange Commission's official filings system — free, public, authoritative. FinancialReports extends EDGAR with 47 non-US markets, AI-ready Markdown, webhook delivery, an MCP server, and entity resolution to ISIN / LEI / FIGI. Use both.

Last updated · May 2026Complement, not replace · EDGAR is the source of record for US filings
At a glance · who picks whatEDGAR is the regulator — we extend, never replace
Pick FinancialReports if
  • You need filings beyond US-listed names
  • You want Markdown without parsing HTML / XBRL yourself
  • You want webhook delivery instead of polling at 10 req/s
  • You need ISIN / LEI / FIGI entity resolution
  • You need an MCP (Model Context Protocol) server for LLM clients
Stick with EDGAR if
  • You only need US-listed filings
  • You're happy parsing HTML / SGML / XBRL yourself
  • You're happy polling RSS + nightly bulk ZIPs
  • You don't need MCP / Markdown / webhooks
  • You don't need cross-jurisdiction entity matching
01 · Overview

Two layers, same stack.

EDGAR is the US regulator's primary filings system. FinancialReports is the global unified layer on top, with AI-ready output and push delivery.

FFinancialReportsfilings infrastructure

A global filings API.

Every annual, quarterly, interim, and ad-hoc filing across 48 markets — including the US — indexed and delivered as Markdown via REST, S3 bulk, and webhooks.

  • 26M filings · 48 markets
  • Markdown · JSON · raw PDF
  • Webhooks · < 90 s after publish
  • MCP server, free for any LLM client
From $0/mo · web is free, no account
ESEC EDGARUS regulator

The US filings source of record.

The US Securities and Exchange Commission's official Electronic Data Gathering, Analysis, and Retrieval system. Free, public, authoritative. The system every US-listed issuer is legally required to file into (fully mandatory from May 1996).

  • US-listed issuers only · ~10,000+ filers
  • HTML · SGML · XBRL · iXBRL · JSON
  • Pull-only · 10 requests/second per IP
  • Free · public · no API key
From $0 · forever · taxpayer-funded
02 · Feature matrix

Side by side, line by line.

EDGAR is the regulator. We extend it. There's no rivalry to manufacture here.

Feature
FinancialReports
SEC EDGAR
Geographic coverage
US-listed filings
via SEC channels
source of record · 30+ years
Non-US markets (EU · UK · JP · KR · CN · IL · AE · ...)
47 markets natively
US-only · by mandate
Historical archive depth
growing backfill
US filings since 1994
Delivery & format
AI-ready Markdown output
native · per filing
HTML · SGML · XBRL
Webhook push on new filings
HMAC-signed · < 90 s
poll RSS / bulk ZIP
Rate limit / SLA
tier-based · paid SLA
10 req/s · no SLA
MCP (Model Context Protocol) server
public · free · any LLM
Identity & normalization
Entity resolution (ISIN · LEI · FIGI)
CIK only
Unified schema across regulators
one Filing envelope
US taxonomy only
Pricing & access
Entry cost
$0 (web) · $69+/mo (API)
$0 · forever
Self-serve developer access
API key in ~2 min
User-Agent header only
Support & SLA
paid tiers
"no technical support"
Full · Partial · Not in scope  ·  EDGAR capabilities documented at sec.gov/edgar — flag inaccuracies
03 · The numbers

Markets. Format. Delivery.

Concrete differences, not value judgements. EDGAR is great at what EDGAR is for.

Markets covered
FinancialReports48global
EDGAR1US-listed only
Output format
FinancialReportsMarkdown+ PDF + JSON
EDGARHTML+ SGML + XBRL
Delivery model
FinancialReportsPushwebhook · < 90 s
EDGARPull10 req/s · RSS
04 · Delivery model

Polling vs push.

EDGAR isn't slow — it just doesn't push. The shape of the delivery model is what differs.

FinancialReports
~ 42 s push
EDGAR + your poller
depends
Legacy aggregator
~ 30 min
Daily-batch vendor
next day

Measured against 13,400 filings across DE · FR · UK · NL · SE · US, Jan–Apr 2026. EDGAR latency depends on your polling cadence and the SEC's rate limit.

05 · By role

Different jobs. Different tools.

A few real workflows and where each tool shines.

For a US-only research project

Pull 10-Ks for the last 5 years

Use EDGAR

EDGAR is free, authoritative, and covers what you need. Use the bulk ZIPs and data.sec.gov JSON endpoints.

For a global RAG or agent

EU + UK + JP + KR + ZA, Markdown, real-time

Pick FinancialReports

48 markets in one unified schema, AI-ready Markdown, webhook on every new filing, MCP for LLM clients.

For a US fintech going global

EDGAR today, 48 markets tomorrow

Add FinancialReports

Keep EDGAR as your US source of record; add FinancialReports to cover the rest of the world without rewriting your pipeline.

06 · Migration

Don't replace EDGAR — extend it.

EDGAR is the US source of record. FinancialReports is the global layer on top. Here's how to add 47 markets in a week.

01 · Day 1

Keep your EDGAR pipeline

If you have a working EDGAR ingest using data.sec.gov and the bulk ZIPs, leave it alone. It's free and authoritative for US filings.

02 · Day 2–3

Add the FR webhook

Point the filing.published webhook at your indexer. Filter by country if you want non-US only, or use both feeds side by side for the US.

03 · Day 4–7

Normalize into one schema

Map EDGAR's CIK to ISIN / LEI / FIGI via FinancialReports' entity resolution. Now you have one Filing record shape across all 48 markets.

07 · FAQ

Questions that come up.

Is FinancialReports an EDGAR scraper?

No. FinancialReports ingests directly from 66+ primary regulator sources globally — BaFin, AMF, FCA, JPX, SEBI, ADX, B3, TASE, KRX, and so on. For US filings we ingest from official SEC distribution channels alongside the rest. EDGAR is the authoritative US source; FinancialReports is the global unified layer on top of EDGAR and 47 other markets.

Why pay if EDGAR is free?

EDGAR is US-only, has no Markdown, no webhooks, no MCP, no SLA, and no entity resolution beyond CIK. FinancialReports adds 47 non-US markets, AI-ready Markdown, webhook push, an MCP server, ISIN / LEI / FIGI resolution, and an SLA. If you only need US filings as raw HTML/XBRL and can poll, EDGAR is the right tool.

Does EDGAR have a webhook?

No. EDGAR exposes RSS feeds and a JSON submissions API on data.sec.gov, both pull-based with a 10 requests/second per IP rate limit. FinancialReports pushes an HMAC-signed webhook within ~60 seconds of publication, in any of 48 markets.

What's the EDGAR rate limit and does FinancialReports have one too?

EDGAR caps at 10 requests/second per IP with a required User-Agent header and no SLA. FinancialReports has tier-based rate limits and an SLA on the paid tiers.

Does EDGAR offer Markdown or AI-ready filings?

No. EDGAR delivers HTML, raw text/SGML, XBRL/iXBRL, JSON metadata via data.sec.gov, and PDF scans for some older paper filings. No Markdown, no AI summaries, no LLM-grounding artifacts. FinancialReports delivers every filing as clean Markdown alongside the primary-source PDF.

EDGAR is the US source. We are the global layer.

EDGAR + 47 other markets. Markdown. Webhooks. MCP. Entity resolution. Use both — they don't compete.