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The Wire Testthe.net.im

Run 03 · Markets & Capital · field test

Filings: the SEC's own wire, and the revenue tag Apple stopped using

We read Apple through the desk's relay and the SEC's feed, tried to misuse the relay, and set the desk beside EDGAR search, SECForm4.com and Stock Analysis.

Screenshot of the labs.llc Filings page at desktop width: the headline 'The people who know don't watch tickers.', an introduction about reading the SEC's paperwork at the source, and the buttons 'Open a ledger', 'The insider boards' and 'The whales'.
EXHIBIT AThe top of the page as the local copy of build 537 served it for this log, at 1280 × 800.

Brief

What it is, and who it is for

Filings is a desk for any company registered with the SEC. Find it by ticker or name and the page lists its filings straight from the commission, each document linked and filterable by form; it draws ten years of audited revenue, net income, assets and equity from the 10-K XBRL facts; and it opens an insider desk built from the SEC's quarterly Form 4 data set.

It suits investors, students and reporters who want the SEC as the only source.

Wiring

Where the work happens

The ledger is fetched by the browser from data.sec.gov/submissions, which allows cross-origin reads. The XBRL company-concept API does not, so the four charts pass through filings/relay.php: it accepts one shape of path, sends the declared User-Agent the SEC's fair-access policy asks for, and caches for six hours. Documents on www.sec.gov are linked, never fetched. Ticker search runs on a shipped copy of the SEC's ticker map (10,391 rows), so what you type stays on the page.

Sources it reads

  • data.sec.gov submissions JSON, per company — browser-direct.
  • data.sec.gov XBRL company-concept API, us-gaap facts — through the relay.
  • SEC company_tickers.json and the DERA Insider Transactions Data Set (Form 4, 2026 Q2) — both shipped with the page; filing documents on www.sec.gov are linked only.

Run table

The run, row by row

Seconds for our own probes; rival pages were logged to the minute.

Every probe in run 03, in time order, with what came back
#TimeProbeReturned
01Loaded /filings/ from the local copyHTTP 200, 42,749 bytes. Shipped packs: tickers 442,667 bytes; insider 4,519,120 bytes.
02Relay: Apple, us-gaap RevenuesHTTP 200 in 0.09 s. 11 facts; 10-K full-year values for FY2018 only.
03Relay: Apple, RevenueFromContractWithCustomerExcludingAssessedTaxHTTP 200 in 0.07 s. 117 facts; full years FY2019–FY2025.
04Relay: asked for a submissions path insteadHTTP 400 — only company-concept paths pass.
05SEC submissions feed for Apple, sent with an Origin headerHTTP 200 with an open CORS header; 1,000 filings in the recent block, newest a Form 4 filed 24 Sep 2026.
06Read EDGAR Full Text Searchrival pageFull text since 2001; filters for entity, form, dates and location; CSV export.
07Read SECForm4.comrival pageSays filings update in real time; insider lists, 13D/13G coverage, screeners.
08Read Stock Analysis, Apple financialsrival pageFY2021–FY2025 plus TTM; annual, quarterly and TTM views; data credited to S&P Global Market Intelligence.

Findings

The lengths it goes to

  1. It checks the answer, not only the status code. Apple's Revenues concept is valid but abandoned — our read found FY2018 alone — so when a series is thinner than three years the page fetches the alternate revenue tag and draws the fuller one.evidence · filings.js 239–250; run rows 02–03
  2. Charts keep only full-year duration facts filed on 10-Ks, discarding the quarterly facts that also sit inside annual reports.evidence · filings.js 265–273
  3. The relay is a single-purpose allowlist that names itself to the SEC; our attempt to route anything else through it was refused.evidence · relay.php 13–19, 27; run row 04
  4. Ticker search is local: names you type are not sent anywhere.evidence · filings.js 64–75
  5. The insider desk is stamped with its data set and quarter rather than dressed up as live, and if the relay is missing the chart block becomes one honest sentence instead of four broken charts.evidence · filings-insider.js header; filings.js 214–238

Against the field

Set beside 3 rivals

Rival 01read

SEC EDGAR Full Text Search

The SEC's own search across the words of electronic filings, with filters and CSV export of results.

Where it is ahead

  • It searches inside filings, which the desk cannot do.
  • Coverage since 2001 with date, location and form filters.

Where Filings goes further

  • Ten years of audited figures on the company page, with the right revenue tag chosen.
  • Ledger, charts and the quarter's insider rows on one desk.
Rival 02read

SECForm4.com

An insider-trading and institutional-holdings tracker built on Form 4 and Schedule 13D/13G filings.

Where it is ahead

  • Insider filings as they are filed, not a quarterly pack.
  • Institutional holdings, 13D/13G and screeners across the market.

Where Filings goes further

  • Every figure is the SEC's, with the data set and quarter named.
  • Documents linked to the SEC archive, audited figures beside the insider rows.
Rival 03read

Stock Analysis — company financials

Financial statements per company with annual, quarterly and trailing-twelve-month views.

Where it is ahead

  • Far more line items, quarterly and TTM views, growth rates.
  • By its own account, updates within hours of each earnings release.

Where Filings goes further

  • Audited facts read from the SEC's XBRL API itself, not a commercial vendor, with the tag named.
  • Apple's revenue drawn for FY2019–FY2025 from the tag it actually files under, against FY2021 onwards on the Stock Analysis page.

Faults

Where it falls short

  1. The insider desk is a quarterly snapshot (2026 Q2 in build 537), not live — SECForm4.com says it updates in real time.
  2. The ledger reads only the 'recent' block — 1,000 filings for Apple — and lists older archives without loading them.
  3. Four concepts only: revenue, net income, assets and equity. No cash flow, ratios or quarterly figures.
  4. No search inside filings; EDGAR's own search does that.

Sign-off

Log closed at

Held up
Every relay answer matched the code's description, and Apple's data held exactly the abandoned tag the check was written for.
Fell short
Insider data a quarter old; four concepts; no full-text search.
Reach for it when
You want a company's SEC ledger and audited headline figures with the SEC as the only source.
Look elsewhere when
You want today's insider trades (SECForm4.com), words inside filings (EDGAR) or full statements (Stock Analysis).