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ScaleDown Extract review: tested on 138 real SEC earnings releases

ScaleDown Extract got GAAP EPS right on 86 of 138 real 8-K earnings releases, against 121 for DeepSeek V4 Flash. It was 12x faster and about 10x cheaper.

As of 2026-10-13

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TL;DR

ScaleDown Extract is fast and cheap, but it is not accurate enough to pull EPS out of earnings releases. It returned the right GAAP EPS on 86 of 138 real filings, against 121 for DeepSeek V4 Flash, while running about 12x faster at about a tenth of the cost.

It did better on fields that appear once in a document, such as the quarter-end date. For a number picked from a dense earnings table, a general model was more reliable in this test.

Correct GAAP EPS, ScaleDown Extract
86 of 138 (62.3%)
Correct GAAP EPS, DeepSeek V4 Flash
121 of 138 (87.7%)
Median response time
2.1s vs 25.6s
Cost per 1,000 filings
$0.55 vs $5.40

Where ScaleDown Extract goes wrong: picking one number from a table

Excerpt from eBay's second-quarter 2026 earnings release showing a row of GAAP diluted EPS of $1.21, $0.78, $2.33 and $1.83, a non-GAAP row of $1.60, $1.36, $3.26 and $2.74, and a GAAP effective tax rate row of 17.1%. DeepSeek V4 Flash points to $1.21 after 29.1 seconds and is marked correct. ScaleDown Extract points to 17.1, the tax rate, after 3.3 seconds at confidence 0.33 and is marked wrong. The 10-Q confirms $1.21.
On eBay's Q2 2026 release, DeepSeek V4 Flash returned $1.21 and ScaleDown Extract returned 17.1, which is the tax rate printed two rows below.

The job is narrow. Read an 8-K earnings release the day it is filed and return one number: GAAP diluted EPS for the quarter just reported. A release prints that number beside last year's quarter, the six-month total and the non-GAAP figure, so the model has to pick the right cell.

What ScaleDown Extract was compared against

NexusTrade pulls EPS from every new earnings 8-K with DeepSeek V4 Flash, so backtests and screens see the quarter's EPS the day it is announced, before the 10-Q exists.

That job is already cheap: 19,037 calls since September 13, 2026 cost $40.08 in total. ScaleDown Extract is a purpose-built extraction model billed at $0.04 per million input tokens, so the test asked whether it could match DeepSeek's accuracy for less.

Production calls since 2026-09-13
19,037
Recorded cost of those calls
$40.08

How accurate is ScaleDown Extract on SEC filings?

Two grids of 138 dots, one per filing, fill in filing order. DeepSeek V4 Flash ends with 121 green correct dots, 7 red wrong dots and 10 grey no-answer dots. ScaleDown Extract ends with 86 green, 20 red and 32 grey. Lines then highlight the 36 filings only DeepSeek got right and the 1 filing only ScaleDown got right.
Each dot is one earnings release. DeepSeek V4 Flash was right on 36 filings that ScaleDown Extract missed, and ScaleDown was right on 1 that DeepSeek missed.
Outcome on 138 earnings releases

Scale: 0 to 121 · zero baseline

DeepSeek V4 Flash

  • Correct+121
  • Wrong+7
  • No answer+10

ScaleDown Extract

  • Correct+86
  • Wrong+20
  • No answer+32

Correct means within half a cent of the EPS in the company's later 10-Q or 10-K.

ScaleDown Extract speed and price: 12x faster and about 10x cheaper

A race between the two models on one filing. ScaleDown Extract finishes at its median of 2.1 seconds while DeepSeek V4 Flash is still running and finishes at 25.6 seconds. Then two stacks of coins show cost per 1,000 filings: $0.55 for ScaleDown Extract and $5.40 for DeepSeek V4 Flash.
At the median, ScaleDown Extract answered in 2.1 seconds and DeepSeek V4 Flash in 25.6 seconds, and 1,000 filings cost $0.55 against $5.40.

ScaleDown's cost is what OpenRouter billed for these 138 calls, $0.0764. DeepSeek's cost applies production's recorded rate, $0.343 per million prompt tokens with output included, to the 2,172,853 prompt tokens it read in this test.

Does ScaleDown Extract's confidence score help?

A slider raises ScaleDown Extract's minimum confidence from none to 0.9. With no cutoff it has 86 correct, 20 wrong and 32 no-answer filings. At 0.8 it has 66 correct, 9 wrong and 63 no answer. At 0.9 it has 56 correct, 5 wrong and 77 no answer. DeepSeek V4 Flash's 121 correct and 7 wrong stay marked for comparison.
Ignoring ScaleDown answers below 0.9 confidence cuts its wrong answers to 5, but it then answers only 61 of 138 filings.

ScaleDown Extract returns a confidence score with every value. Raising the cutoff removes most of its wrong answers, and it removes correct ones at a similar rate.

What ScaleDown Extract is good for

Dates were close. ScaleDown Extract matched the quarter-end date on 123 of 138 filings, against 128 for DeepSeek V4 Flash. Its EPS misses came from dense tables where several numbers sit side by side. On eBay it returned the tax rate.

That points to fields that appear once in a document, such as a date, a name or an identifier, where its speed and price are an advantage. For picking one cell out of a dense earnings table, DeepSeek V4 Flash stays in NexusTrade's pipeline.

How the test was run

Test method
Step 1 of 4

Pick filings with a known answer

Sample 600 earnings 8-Ks filed in 2026 whose EPS was later confirmed by the matched 10-Q or 10-K statement.

What you should see

138 had the original documents archived as text and were scored. They were accepted between July 15 and August 27, 2026.

Step 2 of 4

Rebuild the exact input

Load each filing from the same archive the production worker reads and assemble its text the same way.

What you should see

Both models read the same press release text.

Step 3 of 4

Ask both models

DeepSeek V4 Flash runs the production SEC 8-K EPS Extraction prompt. ScaleDown Extract gets plain-English descriptions of the same fields: GAAP diluted EPS, GAAP basic EPS, adjusted EPS and quarter-end date.

What you should see

Every DeepSeek response was served by deepseek/deepseek-v4-flash and every ScaleDown response by scaledown/extract.

Step 4 of 4

Score against the 10-Q

Compare each answer with the statement EPS, allowing half a cent of rounding.

What you should see

Each filing is correct, wrong or no answer for each model.

What this test does not show

  1. One task

    This measures GAAP quarterly EPS from earnings releases. ScaleDown Extract may compare differently on other fields or documents.

  2. Release versus 10-Q

    On three filings both models returned the same value and the 10-Q differed, which suggests the release and the later statement disagree rather than a model error.

  3. Recent filings only

    Only July and August 2026 releases had archived text, and scanned PDFs were skipped.

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