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Why is 8K Q4 income statement metrics be different from the difference between 10-K and the Q1-Q3 metrics?

Personal Finance & Money Asked by shoestringfries on May 6, 2021

For SEC filings, why would 8K income statement metrics be different from the 10-K metrics?

Ie. share count reported in the 8K quarter 4 report is different from share count in 10-K

Why can’t you just get the metrics from subtracting q1, q2, and q3 results from the annual 10-K results?

One Answer

Check the date of the 8K. It might not be the exact date of the quarter end. If the company repurchased shares or issued additional shares throughout the quarter, the number of shares mid-quarter would be different from the number of shares at the end of the quarter.

Edit: Also note that quarterly reports are not audited. Some of the data may be updated later.

Answered by Charles Fox on May 6, 2021

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