GreekSoup vs Bloomberg Terminal: what a Terminal costs, and a free alternative
A Bloomberg Terminal is a firm's tool for every market, with Bloomberg's news, chat and trading, sold on two-year subscriptions at a reported $25,000 to $32,000 a year per seat. For researching US-listed companies from their own filings, GreekSoup is a free alternative in any browser: every figure linked to its 10-K or 10-Q, every insider trade, every 13F manager, and an AI analyst.
Is there an alternative to the Bloomberg Terminal?
For researching US-listed companies from their own filings, yes. GreekSoup reads every company from its 10-K, 10-Q, Form 4 and 13F filings, puts the figures on one free page in any browser, and links every year and quarter to the filing it came from. A Bloomberg Terminal does a great deal more, because it carries every asset class, Bloomberg's own news, its research team, the Instant Bloomberg chat and tools to trade, and GreekSoup has none of those. So which one fits depends on what you open a terminal for.
is ahead- Free to read, with no account, no contract and no sales call.
- Opens in any browser or phone, with no special keyboard, fingerprint login or Bloomberg Anywhere subscription.
- Built for one investor researching US companies, so a company page reads in plain words, starting from its filings.
- A free account adds an AI analyst, SuperAnalyst, that answers questions on any US company from its filings.
How much does a Bloomberg Terminal cost?
Bloomberg does not put a price on its website: the Terminal page offers a demo request and a contact form. The price most often reported is about $25,000 to $32,000 a year for each seat, on a two-year subscription. The reported rate from 1 January 2025 is $31,980 a year for one Terminal, and $28,320 a year for each Terminal when a client has more than one.
What does a Bloomberg Terminal do, and who uses it?
Bloomberg describes the Terminal as data, news, research and analytics in one product, covering markets, industries, companies and securities across all asset classes. It names Bloomberg Intelligence, the Instant Bloomberg messaging network, execution and order management tools, Bloomberg Launchpad for monitors, alerts and charts, and ASKB, a conversational AI.
Its customers, as Bloomberg lists them, are analysts, asset managers, banks and broker dealers, endowments, family offices, hedge funds, insurers, pension funds, sovereign wealth funds, wealth managers and corporate teams such as treasury and investor relations.
The Terminal runs on a desktop. Bloomberg Anywhere lets a subscriber log in from other computers and from a phone, and Bloomberg says every login needs a fingerprint check and more than one way of proving who you are; on a phone that check runs through its B-Unit app. The Bloomberg Professional phone app carries news, IB chat, market data, worksheets and ASKB, and it opens only for Terminal clients who have a Bloomberg Anywhere subscription.
What does GreekSoup cover?
GreekSoup is a website about US-listed companies, and everything on a company page starts from the company's own SEC filings: up to 20 years and 20 quarters of the income statement, balance sheet and cash flow, the results the evening they are released, segment and region breakups where the 10-K reports them, takeaways from the last five earnings calls, every insider trade from Form 4 with trading-plan flags, Form 144 notices, the funds that hold the stock from every manager that files a 13F, 13D and 13G holders, short interest, options open interest and House members' trades. On top of that sit a stock screener, a compare tool, a Forecaster with low, middle and high cases, a DCF valuation, and SuperAnalyst, an AI analyst that answers questions on any US company from the same filings.
Every company page starts from the company's own filings. Here is Apple, as anyone sees it without signing in.
On a phone
GreekSoup has no app of its own, and it does not need one. The pages are laid out for a phone, so a company page opens in any phone browser with the latest quarter beside the same quarter a year earlier, the last full year, and a link to the filing behind each one.
Nothing sits behind a sign-in to read it: no account, no subscription and nothing to install. A free account adds deep dives into 20 companies and 10 questions to SuperAnalyst each month.
Reading about a stock somewhere else? Our free Chrome extension, GreekSoup Stock Ticker Lookup: Earnings, Insider Trades, 13F Holders, shows the latest quarter against a year ago, insider trades and 13F holders when you hover a $ticker such as $AAPL.
GreekSoup vs Bloomberg Terminal, side by side
| Feature | |  |
|---|---|---|
| Price | Free to read. Premium is $9 a month or $79 a year | About $25,000 to $32,000 a year per seat as reported, on two-year subscriptions. Bloomberg does not publish a price |
| Built for | Individual investors researching US-listed companies | Firms: Bloomberg lists asset managers, banks and broker dealers, hedge funds, pension funds, insurers, sovereign wealth funds, family offices, wealth managers and corporate teams |
| Market focus | US-listed companies across the S&P 500, MidCap 400, SmallCap 600 and foreign companies listed in the US, each read in depth from its own SEC filings | Markets, industries, companies and securities across all asset classes |
| Company figures | Up to 20 years and 20 quarters from each 10-K and 10-Q, and each year opens the filing it came from | Its own and third-party data, research and analytics |
| Market data | Prices after each US market close, with history since 2004 | Market data across asset classes, with security monitors, alerts and charting in Bloomberg Launchpad |
| News | A feed of every SEC filing, and results the evening they are released. No news wire | Bloomberg News, with 2,700 journalists in 146 bureaus, plus more than 1,000 outside news providers |
| Research | A write-up of each company from its 10-K, and a read of each earnings call | Bloomberg Intelligence, more than 350 research professionals, plus third-party research |
| Messaging | None | Instant Bloomberg, and a network Bloomberg puts at more than 350,000 decision makers |
| Trading | None. A connected broker account is read-only | Execution and order management, with pre- and post-trade analytics |
| AI | SuperAnalyst answers questions on any US company from its filings: 10 a month free, 100 credits a month on Premium | ASKB, a conversational AI inside the Terminal |
| On a phone | Any phone browser, with no account and no app | The Bloomberg Professional app, only for Terminal clients with a Bloomberg Anywhere subscription |
Where is the Bloomberg Terminal stronger?
The Terminal is stronger for a lot of work, and by a long way. If you need prices as they trade, bonds, currencies, commodities or private markets, a news wire as it happens, sell-side and in-house research, a chat with the other side of a trade or a screen to send the order from, the Terminal is built for that, and GreekSoup does none of it. GreekSoup also stops at the US border: a company that is not listed in the US is not on it.
Who is GreekSoup for?
Say you own ten US stocks and want to know, before each company reports, what it earned in the same quarter last year, who inside it has been buying or selling, and which funds added to it last quarter. That is filing work, and it is what GreekSoup is built around: the figures come from the filings, each year opens the filing behind it, and the AI analyst answers from the same record. For an investor whose research is mostly reading companies, that covers a large part of the job.
What about Koyfin and Fiscal.ai?
If you are weighing other research tools too, GreekSoup vs Koyfin vs Fiscal.ai sets them side by side, row by row.
Questions
Is there a free alternative to the Bloomberg Terminal?
For researching US-listed companies from their filings, yes. GreekSoup is free to read, with up to 20 years of financials, insider trades, 13F holders and earnings call reads, each figure linked to its filing. For live data across every asset class, Bloomberg's news, its chat and its trading tools, no free website covers what the Terminal does.
How much does a Bloomberg Terminal cost?
Bloomberg does not publish a price. The figure most often reported is about $25,000 to $32,000 a year per seat, on two-year subscriptions. The reported rate from 1 January 2025 is $31,980 a year for one Terminal and $28,320 a year for each Terminal when a client has more than one.
Can I buy a Bloomberg Terminal for one person?
Bloomberg sells the Terminal through its sales team, with a demo request on its website and no published price. It lists firms as its customers, and the reported single-seat rate is $31,980 a year.
How many people use a Bloomberg Terminal?
About 325,000 subscribers, as last reported in 2023. Bloomberg describes a wider network of more than 350,000 decision makers, and a separate team of more than 350 research professionals at Bloomberg Intelligence.
Can you use a Bloomberg Terminal on a phone?
Only with an existing subscription. The Bloomberg Professional app works for Terminal clients who have Bloomberg Anywhere, and signing in uses a fingerprint check through Bloomberg's B-Unit app. GreekSoup is a website, so it opens in any phone browser with no app.
Does GreekSoup have live prices?
No. Prices update after each US market close, and each company's price history goes back to 2004. Results are added the evening a company releases them, from the press release, before the 10-Q arrives.
Where do GreekSoup's figures come from?
From each company's own SEC filings: the 10-K and 10-Q for financials, Form 4 for insider trades, 13F for fund holders and 13D and 13G for large holders. Every year and quarter on a company page opens the filing it came from.
Research your next company on GreekSoup
Free to read, every figure linked to its filing, and an AI analyst that answers from the same record.