The gold standard in financial data - 12,000+ North American companies, fundamentals, pricing, and ratios - now accessible to every researcher and student. One subscription. Unlimited users.
10-K fundamentals: income statements, balance sheets, cash flows
10-Q data with the same Compustat standardization rigor
Pre-calculated profitability, liquidity, leverage, and valuation ratios
Split-adjusted prices, volumes, and returns for NA equities
Month-end aggregates for long-horizon portfolio and risk studies
Bloomberg locks you to a terminal. Refinitiv limits your downloads. SPRE gives your entire campus unrestricted access to Compustat fundamentals and pricing - at a fraction of the cost.
No per-seat fees. No download caps. Every faculty member, every PhD student, every undergraduate.
| Capability | SPRE | Bloomberg Terminal | Refinitiv / LSEG |
|---|---|---|---|
| Annual cost | Fraction of terminal cost | ~$24K per terminal / yr | ~$15K per seat / yr |
| Concurrent users | Unlimited | 1 per terminal | Per-seat license |
| Bulk data download | Unlimited | Monthly limits | Restricted |
| Standardized financials | Compustat standard | As-reported | As-reported |
| Classroom teaching tools | Built-in | None | None |
| Historical depth | 1987–present | Varies | Varies |
Compustat North America data is the most cited financial database in the Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. SPRE delivers this exact data - standardized, validated, and ready for download.
Research That Runs on SPRE
Financial Statement Analysis
Combine quarterly earnings data with daily stock prices to study how markets respond to earnings surprises. SPRE provides both the accounting data (income statements from 10-Q filings) and pricing data (daily returns around announcement windows) in one platform. No terminal booking, no download limits.
Asset Pricing
Use pre-calculated financial ratios and monthly stock returns to test which firm characteristics predict future returns. Book-to-market, profitability, leverage - all available as ready-made ratios.
Industry Analysis
Track ROE, margins, and growth rates across industries over decades. Pre-calculated ratios mean less data cleaning, more time for analysis and interpretation.
Classroom
Assign students to analyze real 10-K and 10-Q data for publicly traded companies. Have them calculate valuation ratios by hand, then check against SPRE's pre-calculated ratios. Move from textbook examples to genuine empirical work - with data from 12,000+ companies. SPRE's guided interface makes it accessible even for students with no prior data experience.
For the Internal Champion
You've found the right data platform. Now you need your department chair, dean, or librarian to say yes. Here's your ammunition.
One SPRE subscription costs a fraction of a single Bloomberg terminal - and serves your entire campus. No per-user fees. No download limits.
This isn't an alternative database - it IS Compustat. The same S&P Global data cited in the Journal of Finance, JFE, and Review of Financial Studies.
SPRE isn't just a research tool. It puts real financial data into every finance course you offer. One subscription upgrades your entire program.
No software to install, no terminals to maintain. SPRE runs in the browser and integrates with your institution's existing login infrastructure.
Full access to all five SPRE datasets. No commitment. See if it fits your research before you advocate for a subscription.