mlsanityData to 14 Oct 2026

FinReflectKG -- MultiHop: Financial QA Benchmark for Reasoning with Knowledge Graph Evidence

arXiv 2510.02906 ↗First posted 3 Oct 2025q-fin.CP cs.AIcited by 1

On the map: LLM reasoning → Reasoning for agents, planning and code

Abstract (arXiv)

Multi-hop reasoning over financial disclosures is often a retrieval problem before it becomes a reasoning or generation problem: relevant facts are dispersed across sections, filings, companies, and years, and LLMs often expend excessive tokens navigating noisy context. Without precise Knowledge Graph (KG)-guided selection of relevant context, even strong reasoning models either fail to answer or consume excessive tokens, whereas KG-linked evidence enables models to focus their reasoning on composing already retrieved facts. We present FinReflectKG - MultiHop, a benchmark built on FinReflectKG, a temporally indexed financial KG that links audited triples to source chunks from S&P 100 filings (2022-2024). Mining frequent 2-3 hop subgraph patterns across sectors (via GICS taxonomy), we generate financial analyst style questions with exact supporting evidence from the KG. A two-phase pipeline first creates QA pairs via pattern-specific prompts, followed by a multi-criteria quality control evaluation to ensure QA validity. We then evaluate three controlled retrieval scenarios: (S1) precise KG-linked paths; (S2) text-only page windows centered on relevant text spans; and (S3) relevant page windows with randomizations and distractors. Across both reasoning and non-reasoning models, KG-guided precise retrieval yields substantial gains on the FinReflectKG - MultiHop QA benchmark dataset, boosting correctness scores by approximately 24 percent while reducing token utilization by approximately 84.5 percent compared to the page window setting, which reflects the traditional vector retrieval paradigm. Spanning intra-document, inter-year, and cross-company scopes, our work underscores the pivotal role of knowledge graphs in efficiently connecting evidence for multi-hop financial QA. We also release a curated subset of the benchmark (555 QA Pairs) to catalyze further research.

Key facts. Cited by 1 paper in the map (data through 14 Oct 2026). Placed in Reasoning for agents, planning and code, one of 17 directions in LLM reasoning. Builds on 7 of its 15 references that are in the map. First posted on arXiv 3 Oct 2025.

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7 of 15 references.

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Same direction, newest first

  1. 2024DocFinQA: A Long-Context Financial Reasoning Dataset12 Jan

Other references · 6

  1. 2020DeBERTa: Decoding-enhanced BERT with Disentangled Attentioncited by 2,181
  2. 2023FinanceBench: A New Benchmark for Financial Question Answeringcited by 270
  3. 2024MultiHop-RAG: Benchmarking Retrieval-Augmented Generation for Multi-Hop Queriescited by 257
  4. 2024FinDVer: Explainable Claim Verification over Long and Hybrid-Content Financial Documentscited by 19
  5. 2024Multi-Document Financial Question Answering using LLMscited by 6
  6. 2025KG-MuLQA: A Framework for KG-based Multi-Level QA Extraction and Long-Context LLM Evaluationcited by 2

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Citing papers per year: 2026: 1.

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  1. 2025FinReflectKG -- EvalBench: Benchmarking Financial KG with Multi-Dimensional Evaluation
  2. 2023BizBench: A Quantitative Reasoning Benchmark for Business and Finance
  3. 2026FinRule-Bench: A Benchmark for Joint Reasoning over Financial Tables and Principles
  4. 2026FinRCA-Bench: Benchmarking Evidence Retrieval and Reasoning for Financial AI Systems
  5. 2025FinAgentBench: A Benchmark Dataset for Agentic Retrieval in Financial Question Answering
  6. 2026HC-RAG: Evidence-Centric Retrieval-Augmented Generation over Heterogeneous Financial Filings
  7. 2026Enhancing Financial Question Answering: A Novel Benchmark Dataset of Banks' financial statements
  8. 2025FinCARE: Financial Causal Analysis with Reasoning and Evidence