XBRL Segment Data Engine
Live segment-level financial data extracted from SEC EDGAR XBRL filings — the settlement foundation
REPORTABLE SEGMENTS — SELECT TO ANALYZE
SEGMENT REVENUE — QUARTERLY
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
XBRL FILING REFERENCE — AUTHORITATIVE SETTLEMENT SOURCE
SEC EDGAR INLINE XBRL
Contract Simulator
Design and price segment-level derivative contracts — four instrument types, one XBRL settlement layer
Contract Builder
BINARY
Settles automatically from SEC EDGAR 10-Q XBRL filing ·
Tag: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax ·
Dimension: srt:ProductOrServiceAxis / AWS
LIVE CONTRACT PRICING
AMZN · AWS · Q2 2026
IMPLIED PROBABILITY · BINARY SETTLEMENT
BEATS THRESHOLD
67%
Bid $0.65 · Ask $0.68
vs
MISSES THRESHOLD
33%
Bid $0.31 · Ask $0.34
Hist. Beat Rate
71%
Avg Surprise
+4.2%
Implied Vol
18.4%
PORTFOLIO
0 contracts
No contracts added yet
Automated Settlement Demo
Watch the XBRL settlement engine process a 10-Q filing and settle contracts in real time
SETTLEMENT SCENARIO
10-Q XBRL FILING PARSED
INLINE XBRL · iXBRL
Run simulation to parse filing
SEGMEX SETTLEMENT ENGINE — XBRL PROCESSOR v1.0
--:--:--
Awaiting settlement trigger...
Select a scenario and press Run to simulate automated XBRL settlement
Historical Backtest
How segment-level contracts would have settled against actual XBRL-reported values vs analyst consensus
Historical Beat Rate
71%
AWS vs consensus · 12 quarters
Avg Earnings Surprise
+$1.2B
AWS revenue · above estimate
Max Miss
-$0.8B
Q4 2022 · macro headwinds
Analyst RMSE
$1.4B
Root mean sq error · consensus
AWS REVENUE — ACTUAL vs CONSENSUS (12 QUARTERS)
SURPRISE DISTRIBUTION
SETTLEMENT HISTORY — AWS REVENUE BINARY CONTRACTS (SIMULATED)
| Quarter | Consensus ($B) | Actual XBRL ($B) | Surprise | Contract: Beat $X | Settlement | Status |
|---|
The Market Gap
Why segment-level derivatives represent the most significant unaddressed gap in financial market infrastructure
❌ Today — Bundled Exposure
1 instrument · all segments combined
AWS Cloud+29%
E-Commerce NA-4%
International-12%
Advertising+18%
AMZN Stock: Blended result — cannot isolate
→
✓ SegMex — Isolated Exposure
Trade each segment independently
LONG AWS Revenue > $28.5B
LONG ↑
SHORT Ecomm Margin < 4%
SHORT ↓
LONG Advertising > $14B
LONG ↑
Settled automatically via SEC EDGAR XBRL 10-Q
S&P 500 Multi-Segment Cos
312
Companies with 2+ reportable segments
Addressable Segments
1,400+
XBRL-tagged reportable segments
Analyst Segment Estimates
$2B+
Annual buy-side research spend on segment forecasting
XBRL Filings/Year
40,000+
SEC EDGAR XBRL submissions annually
THE XBRL SETTLEMENT CHAIN — FROM FILING TO CASH SETTLEMENT