The reading and the
gathering, done.The thesis is yours.
Basis reads filings, transcripts, and data, extracts every number with a citation, and drafts the analysis. You spend your time on judgment, not gathering.
SOC 2 Type II. Your data stays yours.
Source
L1Revenue for the third quarter was $1.42 billion, up 11.4%.
L2Gross margin expanded 140 basis points to 38.6%.
L3Operating margin was 16.2%, up from 15.1% a year ago.
L4Diluted earnings per share were $1.83, a 20.4% increase.
Basis
| Revenue | $1.42B | +11.4% |
| Gross margin | 38.6% | +140 bps |
| Operating margin | 16.2% | +110 bps |
| Diluted EPS | $1.83 | +20.4% |
Sample snippet · every figure carries its source line
The reading is the job. The gathering is the tax.
Before an analyst forms a view, the day is spent pulling documents and re-keying numbers. That work is necessary. It should not be manual.
60–70%
of an analyst's week
goes to gathering: pulling filings, tabbing transcripts, and re-keying numbers into models before any thinking begins.
5–8 hrs
per initiation
spent reading a single 10-K and the last four calls, then reconciling the non-GAAP bridges by hand.
1 in 9
manual figures
carries a transcription or vintage error in a hand-built model, the kind that surfaces in the wrong meeting.
Illustrative ranges drawn from buy-side workflow interviews, not a published study.
Three steps, in order, every time.
Ingest the sources. Extract with citations. Draft the analysis. The gathering is done before you sit down.
- 01
Ingest the sources
Point Basis at a ticker, a filing, a transcript, or a PDF. It reads the whole document, tables and footnotes included, and holds the raw text alongside the extraction.
- 02
Extract with citations
Every figure it pulls is linked to the exact line it came from. Revenue, margins, segment data, covenants, guidance. Each one clicks back to its source. Nothing is invented.
- 03
Draft the analysis
Basis assembles the comparable table, flags what changed since last quarter, and drafts the write-up. You edit the judgment. The gathering is already done.
A passage goes in. A sourced table comes out.
Hover any figure to see the exact line it came from. Every number is a citation, never a guess. This runs on a sample snippet; the product does it across the full filing.
Northwind Freight Systems · NWFS
Q3 FY2025 earnings call · CFO prepared remarks
Source · raw passage
L1Revenue for the third quarter was $1.42 billion, up 11.4% from $1.275 billion a year ago.
L2Gross margin expanded 140 basis points year over year to 38.6%.
L3Operating margin was 16.2%, compared with 15.1% in the prior-year quarter.
L4Diluted earnings per share were $1.83, versus $1.52 last year, a 20.4% increase.
L5We generated $312 million of free cash flow in the quarter, a 22% conversion of revenue.
L6The board authorized a new $500 million share repurchase program.
L7For the fourth quarter, we expect revenue between $1.48 billion and $1.52 billion.
L8We are raising full-year adjusted operating margin guidance to a range of 16.0% to 16.4%.
Basis · structured extraction
00/08| Metric | Value | Change | Src |
|---|---|---|---|
| Revenue | $1.42B | L1 | |
| Gross margin | 38.6% | L2 | |
| Operating margin | 16.2% | L3 | |
| Diluted EPS | $1.83 | L4 | |
| Free cash flow | $312M | L5 | |
| Buyback authorized | $500M | L6 | |
| Q4 revenue guide | $1.48–1.52B | L7 | |
| FY adj. op-margin guide | 16.0–16.4% | L8 |
Basis notes · derived
- Gross-margin expansion outpaced operating-margin expansion by ~30 bps, implying reinvestment below the gross line.+140 bps gross − 110 bps operating = 30 bpsL2 · L3
- Q4 revenue midpoint implies +5.6% sequential growth versus Q3.$1.50B ÷ $1.42B − 1 = 5.6%L1 · L7
Export the table to your model, or open the full analysis in the workspace.
What Basis does across the filing.
Five capabilities, one principle: the source travels with the number.
Sourced extraction
Numbers pulled from filings and transcripts, each one linked to the line it came from. Hover to see the source, click to open the document at that spot.
Comparable tables
Line up a company against its own history or its peers. Basis normalizes periods, reconciles non-GAAP, and shows its work on every cell.
Change alerts
When a new 8-K, 10-Q, or call lands, Basis reads it and tells you what moved (a lowered guide, a new risk factor, a covenant edit) with the diff.
Shared research library
Your team's memos, extractions, and source-linked tables in one place. Search across coverage, cite across notes, hand off without re-reading.
Export to your model
Send any table to Excel, Google Sheets, or your data warehouse with the citations attached. The provenance travels with the number.
From the analysts who read for a living.
It reads the call before I do and hands me a sourced table with the deltas already flagged. I start the morning at the judgment, not the transcript.
A. Reyes
Senior Analyst, long/short equity fund
Every number links back to the filing. When a PM pushes on a figure in a meeting, I click the citation instead of promising to check after.
M. Okafor
PM, multi-strategy platform
Per seat, priced for the desk.
Start free. Move to Analyst or Team when Basis is doing your gathering.
Analyst
For the individual analyst who reads for a living.
.
Start with Analyst- Unlimited filings and transcripts
- Sourced extraction with line-level citations
- Comparable tables and change alerts
- Export to Excel and Sheets
- Personal research library
Team
For desks of five or more sharing coverage.
.
Start with Team- Everything in Analyst
- Shared research library and handoffs
- Seat-level permissions and audit trail
- Team change-alert routing
- Priority extraction queue
- Onboarding for the desk
Enterprise
For funds with SSO, audit, and procurement needs.
.
Talk to us- Everything in Team
- SSO / SAML and SCIM provisioning
- Full audit log and data-residency options
- Custom coverage and data feeds
- Dedicated support and SLA
Free · try the core action
Run the core action before you decide. Paste an earnings snippet or filing excerpt and get a structured, sourced analysis.
15 analyses per month · no card required
What analysts ask first.
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