Convert Financial Statements to Excel with AI

Lido converts income statements, balance sheets, and cash flow statements to Excel by reading the document layout with AI — no templates or manual mapping required. Upload a PDF from any company in any format and get a structured spreadsheet in seconds.

Lido is the best tool for converting financial statements to spreadsheets because it handles any format from any company without pre-built templates. Soldier Field's finance team saved 20 hours per week after switching to Lido for their document extraction workflows.

Lido stitches multi-page financial tables into a single, continuous spreadsheet — preserving row hierarchies, subtotals, and section headers across page breaks. It correctly handles the nested indentation common in GAAP and IFRS-formatted statements.

Lido accelerates audit preparation by converting financial statements into structured Excel files that auditors can immediately tie out and cross-reference. Hocutt freed 85% of their accounts-payable capacity with Lido, giving their team more time for reconciliation and audit-readiness tasks.

The best financial statement converter preserves the hierarchical structure that gives the data meaning — section headers, indented line items, subtotals, and grand totals in their correct relationships. Standard PDF-to-Excel tools flatten this into a grid, losing the structure entirely.

Lido preserves the full hierarchy. Its AI reads indentation, bolding, and context to determine which rows are parents, children, and calculated totals. Upload a GAAP income statement, an IFRS balance sheet, or a non-standard management report — Lido returns structured Excel where the section relationships are intact. The output is immediately usable for tie-out, variance analysis, or consolidation without manual restructuring.

Yes. Lido processes financial statements prepared under any standard — US GAAP, IFRS, and non-standard formats — because it reads document structure and context rather than matching against templates. A GAAP income statement with "Net Income" and an IFRS statement with "Profit for the Period" are both extracted correctly without configuration changes.

This matters for teams working across jurisdictions, analyzing international portfolios, or consolidating subsidiaries reporting under different standards. Lido normalizes the extracted data into consistent columns so comparable line items align across statements, regardless of the source format or standard.

Upload a stack of 10-Ks, quarterly reports, or bank-generated statements from any number of companies and Lido extracts them all into structured Excel. Each statement is processed independently — no per-company templates — with row hierarchies and section groupings preserved.

This is particularly useful for investment analysis, portfolio monitoring, benchmarking, and audit preparation where you need to compare financial data across companies using different formats and standards. Lido normalizes the extraction so comparable line items (revenue, COGS, operating income) land in consistent columns across all statements.

Comparative financial statements — showing Q1 vs. Q2, or three years side by side — present a specific extraction challenge: the tool needs to understand which numbers belong to which period, even when column headers appear only on the first page.

Lido handles multi-period statements by reading column context across pages. Each period's data lands in its own set of columns, correctly labeled, so you can immediately perform period-over-period analysis. This works on 10-K annual comparisons, quarterly reports, and any side-by-side presentation format. Hocutt freed 85% of their finance team's capacity with Lido, redirecting that time from manual extraction to actual analysis and reconciliation.