What it means for leaders

AI has moved from a technology topic to a disclosure topic for public companies. Boards should expect questions about AI risk, controls and investment, and should be ready to answer them in filings.

What would change the reading: The share of reports describing AI as a material risk, and new SEC guidance on AI disclosures.

The trend

20192025

The breakdown

2025.
  • All annual reports6,221.0%
  • Annual reports mentioning AI3,163.0%

Every reading

DateValueChangeDetailSource
50.8%+14.5 points3,163 of 6,221 annual reportsSource
36.3%+18.7 points2,324 of 6,401 annual reportsSource
17.6%+2.8 points1,206 of 6,836 annual reportsSource
14.8%+3.7 points1,071 of 7,220 annual reportsSource
11.1%+2.9 points734 of 6,587 annual reportsSource
8.2%+1.9 points511 of 6,196 annual reportsSource
6.3%—400 of 6,307 annual reportsSource

Definition and method

What it measures
Share of original 10-K annual reports filed in a calendar year whose main document contains the phrase "artificial intelligence", from SEC EDGAR full-text search. All reports are counted by the standard 10-K cover-page phrase.
Population
Original 10-K annual reports filed with the US SEC in each calendar year
Updated
Annual

Caveats

  • A mention can be a risk factor, a strategy statement or a passing reference.
  • Amendments and exhibits are left out; only the main document of each original report counts.

Cite this

Enterprise AI in Numbers, "Share of US annual reports (10-K) that mention artificial intelligence", https://lucianoayres.com/ai-brief/data/annual-reports-mentioning-ai/, retrieved October 25, 2026. Data: US Securities and Exchange Commission, EDGAR full-text search.

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