- The deadline for filing Form 10-Q is determined by the number of outstanding shares of a company.
- There are three major categories to determine the deadline for filing Form 10-Q. The public float, or the percentage of outstanding shares held by the general public excluding the shares held by officials, owners, or the government. Float is a company’s freely traded common shares.
- Large companies are categorized as large accelerated filers. A company must have at least $700 million in public stock in order to be classified. Such companies have forty days from the end of the quarter to submit a 10-Q.
- Companies with a public float of at least $75 million but less than $700 million are considered accelerated filers. Companies under this category have 40 days to file the 10-Q (the 10-K can be filed a bit later).
- Lastly, companies with a public float of less than $75 million are considered non-accelerated filers. After the quarter ends, these companies have 45 days to file a 10-Q.
Form 10-Q: Meaning, Deadline, Components & Importance