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PLAYBOOK · 07 · FINANCE

Read a 10-K in 12 minutes.

A reading prompt that pulls risk, revenue mix, and unit economics out of any annual report.

Intermediate12 minTested · Apr 26, 2026

Why this works

A 10-K is easier to read when the model is forced to extract business mechanics before opinions.

This prompt separates revenue, risk, margin pressure, and unanswered questions so you can decide what to inspect manually.

Run it

  1. Download the 10-K
    Use the annual report PDF from the company investor relations page or SEC filing.
  2. Upload to Claude
    Ask it to cite the section name for every claim.
  3. Extract the operating model
    Start with revenue mix, customer concentration, margin drivers, and risks.
  4. Review the gaps
    Only trust conclusions that point back to a filing section.

The prompt

Read this 10-K like a skeptical operator.
Return: revenue mix, margin drivers, top 5 risks, customer concentration, debt/liquidity notes, and 5 questions I should verify manually.
Cite the filing section for every claim.

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