Select a plan that fits your research

Choose Standard to build custom searches with advanced tools and export time-series data; choose Research if you also need firm-panel exports for most of your custom searches.

Student pricing available on Research

Free

Best for exploring the platform and running a few searches.

$0

Free forever

Verify your email to get started. No credit card required.

What's included in Free

Explore on screen

Time series data: Selected

Firm-level data: Selected

Searches: 3/month (10 to start)

Advanced tools

Explore on screen

Time series data

Firm-level data: $500/search

Underlying text: Download on request

Most popular

Standard

Best for creating custom searches with regular time-series and occasional firm panel exports.

$50

Free 14-day trial

Billed monthly

Credit card required. No charge today. Cancel before day 14 to avoid charges.

What's included in Standard

Explore on screen

Time series data: Full library

Firm-level data: Selected

Searches: 25/month

Advanced tools: Keyword, Merge, Snippet

Explore on screen

Time series data

Firm-level data: $500/search

Underlying text: Download on request

Research

Best for high-volume firm panel exports from many custom searches.

$2,000 $500

Every three months

Apply for student pricing

Same Research plan. Student verification required.

What's included in Research

Explore on screen

Time series data: Full library

Firm-level data: Full library

Searches: 100/month

Advanced tools: Keyword, Merge, Snippet

Explore on screen

Time series data

Firm-level data

Underlying text: Download on request

Enterprise

Enterprise unlocks every feature with priority support and procurement-friendly terms.

Custom pricing

Billed annually

Custom terms, volume, and multi-year discounts.

What's included in Enterprise

Higher limits: custom search and export limits to fit your workflow

Team collaboration: shared searches

Procurement: invoicing, vendor forms, custom terms, multi-year/volume discounts

Support and training: dedicated onboarding, training, and priority support

Frequently asked questions

Data scope

What data is included?

We support English earnings-call transcripts for public-company searches, with company, sector, speaker, section, and date filters where available.

What document types are supported?

NL Analytics analyzes corporate text. Earnings-call transcripts are available now; SEC filings are coming soon.

Searches and tools

What is a "custom search"?

A custom search applies your query and filters to corporate text. It supports Boolean operators and wildcards (e.g., inflation AND (price* OR cost*)) and filters across companies (e.g. Energy companies), within transcript sections and speakers (e.g., CEO Q&A), and time windows (e.g., 2020-2025).

What measures are included in a custom search?

Each custom search includes three metrics defined at the earnings call level:

  • Exposure: The total number of sentences that contain the query keywords.
  • Risk: The number of sentences that contain both the query keywords and terms related to risk or uncertainty.
  • Sentiment: The net tone of the discussion, calculated by subtracting the number of sentences containing keywords and negative terms from the number of sentences containing keywords and positive terms.

For more details, please consult the documentation.

What are "Curated Measures"?

Curated Measures are pre-built measures maintained by NL Analytics and often based on published academic papers. They are ready to use out of the box and are designed to get a quick and rigorous overview of a topic. Go to Curated Measures.

What are the Keyword, Merge, and Snippet tools?

The Keyword Tool helps you build a focused keyword list by suggesting semantically similar terms from earnings calls and letting you review relevance. The Merge Tool combines two searches at the sentence level using AND/OR/AND NOT to refine, expand, or exclude results. The Snippet Tool shows the matched sentences from a custom search and lets you filter sentences by sector, country, company, or call to read and validate context.

Entitlements and limits

How does the Free plan search limit work?

Free includes 10 searches when you sign up, then 3 new searches per month.

What happens if I reach my search limit?

Access to view and export previously unlocked searches remains active. However, creating new searches is paused until your monthly refill or you upgrade your plan.

What is the difference between "time-series export" and "firm panel export"?

Time-series exports give you results aggregated over time (e.g., quarterly values). This provides the total or average Exposure, Risk, and Sentiment across all companies in your search filter, which is useful for tracking macro-level trends.

Firm panel exports give you the firm-level panel dataset suitable for econometric analysis. This includes the specific Exposure, Risk, and Sentiment scores for each individual earnings call (linked to the specific company and date), allowing for granular cross-sectional or regression analysis.

Which plans include time-series exports?
  • Free: time-series export is available for selected Curated Measures for non-commercial academic use.
  • Standard & Research: time-series export is available for the full Curated Measures library, plus from your own measures.
Which Curated Measures are included with a Free account?

Selected Curated Measures, often tied to published academic work, include time-series and firm panel downloads with a Free account for non-commercial academic use. This does not include custom-search exports or matched-sentence files. For other Curated Measures, you need to either use an export credit or be on a plan that includes firm panel exports, such as Research.

What does "Unlock $500/search" mean for firm panel exports?

It is a one-time unlock to download firm panel data for a specific custom search (i.e. a specific query + filters).

After you unlock it, you can re-export anytime. If you change the search, a new unlock is required.

What does Research add compared to Standard?

Research includes firm panel exports for every search you create (no per-search unlock fees) and all Curated Measures. In addition, it comes with higher monthly search limits. If you need panel exports from many searches, Research is usually the best fit.

Billing

Do I need a credit card for the Standard 14-day trial?

Yes - a credit card is required to start the trial (via Stripe). You will not be charged today. If you cancel before the trial ends, you will not be charged.

Can I upgrade, downgrade, or cancel later?

Yes. You can manage your subscription at any time via your account settings. Upgrades take effect immediately with pro-rated charges. Downgrades and cancellations become effective at the end of your current billing period.

Do you offer student pricing?

Yes. Verified students get the same Research plan for $500 every three months, excluding tax (regularly $2,000). Firm-panel exports are included; search limits apply.

Apply for student pricing before subscribing. Review takes 1-2 business days. Applying requires no payment. After approval, sign in with the same account; your discount is applied automatically. Review your total before confirming.

Student pricing lasts through the date in your approval. Renew your verification to keep it; otherwise, your subscription ends with the last billing period that starts on or before that date. It doesn't renew at the regular Research price, and we email you about 30 days before your verification expires. You can cancel future renewals in your account, with access through the paid period.