FinMultiHopQA: A KG-Grounded Multi-Hop Financial QA Benchmark for Evidence-Driven Reasoning

Abstract

Multi-hop financial question answering often requires composing evidence distributed across filing sections, fiscal years, and peer companies. Prior financial QA benchmarks address parts of this problem individually, but none jointly support controlled multi-hop taxonomies, document topologies, motif-level reproducibility, and provenance-linked auditability at scale. We introduce FinMultiHopQA, a benchmark of 15,600 qualitative and quantitative questions, grounded in FinReflectKG, a temporally indexed financial knowledge graph derived from SEC 10-K filings with 17.5M+ triples. The pipeline instantiates statistically salient 2-3 hop typed KG motifs across intra-document, inter-year, and cross-company regimes. Beyond closing this gap, the same construction lets us hold each question's underlying evidence constant while varying only its presentation - embedding it in noisy surrounding context or changing its order - giving a controlled instrument to study a secondary question at scale: using six such presentations, we test whether reasoning LLMs' performance depends on evidence structure. Results confirm this: despite their reasoning capacity, judged correctness remains consistently lower under less-structured presentations of the same evidence - most sharply for quantitative cross-company reasoning and 3-hop branch motifs - indicating that reasoning alone does not fully offset how evidence is structured; KG-linked presentation also uses fewer input tokens by design. We release the benchmark, provenance annotations, model outputs, evaluation records, and supporting technical documentation.