Financial Sources Breakdown
Stock Analysis uses several data providers for financial statement data (Income Statements, Balance Sheets, Cash Flow Statements) and financial ratios.
These are the key differences between them:
| Data provider | Update speed | Coverage | History | Accuracy |
| S&P Global | Hours after earnings | Global | 10 Years | Very High |
| Fiscal.ai | Minutes after earnings | U.S., Canada, & Europe | 20 Years | Very High |
| Nasdaq Data Link | After 10Q/10K filed | U.S. Only | 30+ Years | Very High |
| Financial Modeling Prep | Varies | Global | 40+ Years | High |
S&P Global Market Intelligence is the default data provider for the site due to its enterprise-grade data quality, accuracy, and fast updates after earnings releases.
Their data is widely considered to be the gold standard of data accuracy.
However, there are two limitations to how we can use S&P data:
- We can only show 5 years of financial history for free users and up to 10 years of history for paid subscribers.
- S&P Global does not allow downloads.
For these reasons, Fiscal AI — an enterprise-grade data provider that updates within minutes after earnings and allows downloads — is the default data provider for financial statements, though S&P is still an option.
You can select the data source from a dropdown (more on this below).
How downloads are handled
Since downloading to Excel and CSV files is one of the signature features of the site, we have ensured that the download buttons on the site still work.
For U.S. stocks, downloaded financials will come from Fiscal AI or Nasdaq Data Link. For non-U.S. stocks, downloaded financials will come from Fiscal AI when available or Financial Modeling Prep when not.
Keep in mind that this may cause a mismatch between the data you see on the page and the data you see in the download file.
There can also be differences in the names of the line items shown in the financial statements.
Data source selector
We have added a dropdown menu above the financial statements so that you can switch between the available data sources.
For example, if you need more than 10 years of history, simply switch to an alternative data source that doesn't limit the financial history to 10 years.
To use this feature, click "Data Source" above the financial statement tables, like so:
Download limitations
Moving forward, some data points will not be available for downloading from the stock screener, watchlist, and stock lists because these data points come from S&P Global.
You will still be able to download the stock symbols and some other data points.
This page was last updated on April 29, 2026.