Calcbench
From AltData.wiki, The Alternative Data Encyclopedia
Calcbench is a financial data platform that provides interactive, as-reported data extracted from SEC filings — including 10-Ks, 10-Qs, proxies, and earnings press releases — covering both the numbers and the text of filings. Founded in 2011, the company serves equity analysts, quants, auditors, academics, and corporate finance professionals.[1][2]
The platform was started by two former analysts and emphasizes traceability: users can pull data through an Excel add-in, an API, or a web-based platform while tracing every number back to its source filing. Calcbench describes itself as serving major money management firms, Fortune 500 companies, auditors, academics, and industry research firms.[1]
What It Does
Calcbench digitizes as-filed SEC financial statements and disclosures so that analysts can read statements as reported, search and filter by individual disclosure section or topic, access point-in-time financial data showing what the market knew and when, process earnings releases within minutes of hitting the wire, and compare peer financials across time periods in a single view.[1]
Data And Methodology
The company states it offers instant, systematic access to all data — numbers and text — in financial statements, including details hidden within footnotes.[2] Coverage extends to earnings press releases processed shortly after release, alongside periodic filings such as 10-Ks, 10-Qs, and proxy statements.[1]
Products
Delivery channels include a web platform for peer comparison and disclosure search, an Excel add-in for spreadsheet workflows, and an API aimed at quantitative users. The company also maintains a research program, including an annual Non-GAAP Reconciliations Report produced with Suffolk University's Sawyer Business School examining how S&P 500 companies adjust GAAP figures.[1][2]
In the July 2026 edition of that report, the fifth year of the collaboration, Calcbench found that 361 S&P 500 companies adjusted their fiscal year 2025 net income or EPS, with adjusted net income exceeding GAAP net income by $271 billion in aggregate; the company's co-founder and CEO is Pranav Ghai.[2]
Buyers And Use Cases
Stated user groups include buy-side and sell-side analysts, quants, auditors, academics, and corporate finance professionals. The company also participates in the CFA Institute's Investment Data Alliance, offering CFA charterholders free personal-use access.[1]
History
Calcbench was founded in 2011 by two former analysts and has been continually developed by a team of financial experts, according to the company.[1]
Delivery And Pricing
The company markets a free two-week trial of its Premium suite and does not publish subscription pricing on its website.[1]