The Ultimate PDF Review and Markup Suite.
Highlight core findings, add sticky notes, and sketch shapes freely. Speed up your academic reviews and legal cross-checks.
What we mean by
“value migration”
Value migration is the movement of enterprise value (the market's measure of a company's
worth, including equity, debt and cash) toward the business models, sectors and
capabilities that the market expects will deliver superior growth and profitability over
time. In our analysis, we measure value migration by looking at how much enterprise
value a company gained over the past decade beyond its expected share of the market.
Balance of power
The balance of power is shifting, giving rise to a new set of corporate Value Leaders. In fact,
one in five of today's biggest players by revenue weren't even on the list in 2015,3 and a quarter
of the companies that ranked among the leaders in enterprise value a decade ago no longer
held that position by 2024.4 In other words, leadership isn't inherited—it's earned, lost and
rebuilt every business cycle.
The gap between those harnessing the shift and those missing it is widening, too. Value Leaders
have grown earnings at nearly 3x the pace of their peers and increased their enterprise valuations
by more than 7x (Figure 2).
Value migration is the movement of enterprise value.

What we mean by
“value migration”
Value migration is the movement of enterprise value (the market's measure of a company's
worth, including equity, debt and cash) toward the business models, sectors and
capabilities that the market expects will deliver superior growth and profitability over
time. In our analysis, we measure value migration by looking at how much enterprise
value a company gained over the past decade beyond its expected share of the market.
Balance of power
The balance of power is shifting, giving rise to a new set of corporate Value Leaders. In fact,
one in five of today's biggest players by revenue weren't even on the list in 2015,3 and a quarter
of the companies that ranked among the leaders in enterprise value a decade ago no longer
held that position by 2024.4 In other words, leadership isn't inherited—it's earned, lost and
rebuilt every business cycle.
The gap between those harnessing the shift and those missing it is widening, too. Value Leaders
have grown earnings at nearly 3x the pace of their peers and increased their enterprise valuations
by more than 7x (Figure 2).
Value migration is the movement of enterprise value.
01 / PRECISION MARKUP
Highlight, Underline, Strike — With Zero Effort.
Select a phrase and the right tool is one click away. Marker sweeps across exactly what you picked, underline and strike snap to the text, and a color palette keeps every reviewer consistent.
Start Marking Up →Master Service Agreement
02 / STICKY NOTES & COMMENTS
Conversations Live Right on the Page.
Drop a sticky note next to any clause, and turn it into a threaded comment your team can reply to — every discussion stays anchored to the exact words it is about.
Leave a Comment →DPA Schedule 2
The sub-processor list shall be appended and kept current.
Both parties act as joint controllers under the GDPR.
Personal data is processed only for the stated purpose.
Does this clause need updating for the 2024 SCCs? Please confirm the list is current.
Confirmed — appended today.
Approved. Resolving thread.
03 / SHAPES & FREEHAND
Ovals, Boxes, Arrows, and a Wobbly Squiggle.
Circle the figure, box the table, arrow the risk, and draw freely where words aren't enough. Every shape and stroke is editable and survives export.
Draw on Your PDF →Floor plan — Office A
04 / SHARE FOR REVIEW
Send the Marked-Up Draft, Watch It Close.
Export every highlight, comment, and shape into one clean summary — or share a link and watch reviewers resolve threads in real time until nothing is left open.
Share Your Review →Engagement-Review.pdf
Sent for review
link · expires in 7 days
Highlight, underline, and strike through with precision.
Sticky notes, freehand sketches, and shape tools.
Share markups with your team for faster review cycles.
THE ARKOPDF DIFFERENCE
Markup Tools That Feel Like a Second Pair of Hands.
Most reviewers juggle three tools just to underline a clause. ArkoPDF keeps every highlight, note, shape, and comment on one page — precise, threaded, and always exportable.
Pixel-perfect markups
Highlight, underline, and strike snap to the exact text you selected — nothing bleeds.
Threaded comments
Turn any sticky note into a conversation your reviewers can reply to in place.
Export or share
One clean summary of every markup, or a live review link with resolve tracking.
HOW IT WORKS
From Draft to Signed Off in Three Steps.
📄 Open & read
Open the PDF you need reviewed — contracts, papers, plans, anything.
🖍️ Mark it up
Highlight, note, draw, and comment right where the words are.
📨 Share & close
Export the review or share a link, watch threads resolve, and sign off.
Free plan · No credit card · 7-day VIP on sign-up
TRUSTED WORLDWIDE
The Review Layer Legal and Academic Teams Rely On.
12
markups per page, on average
3×
faster review cycles
100%
editable — every annotation survives
On-device
private — never uploaded by default
“We redline whole agreements in ArkoPDF now — every comment stays with its clause and the export is instantly shareable. Our cross-checks got measurably faster.”
SECURITY & COMPLIANCE
Your Drafts and Markups Stay Yours. Processed On Your Device.
AES-256 encryption
Every document is encrypted with AES-256 at rest and in transit.
On-device processing
Everything runs locally — your files never upload to any server.
SOC 2 Type II
Audited controls that meet the demands of enterprise teams.
GDPR ready
Full data-privacy compliance with the GDPR.
Mark Up Every PDF Without Limits.
Highlight, note, and draw on unlimited documents, keep every comment and shape fully editable, and export or share clean reviews with your team. Upgrade to unlock the complete review suite.
Free
Forever
- Try premium tools — 3 uses each (edit, batch, OCR, page tools, split & merge)
- After 3 uses, exports carry an ArkoPDF watermark
- AI Copilot: 3 free uses · full-text translation 5 pages (one-time)
- Inline translation: unlimited
- Register → 7-day full VIP trial (every local tool, unlimited)
Pro
first year, then $39.99/year
- Unlimited editing of text, images & layouts
- 10+ pro annotation tools (highlight, stamp, freehand)
- OCR & page tools: organize, watermark, header & footer, Bates
- Unlimited batch convert / merge / split
- PDF Photo Books & full-text translation
- Pro reader with side-by-side reading mode
- Copilot AI: 30 credits every month (resets monthly)
Lifetime
one-time · includes Copilot credits
- Every Pro local tool & feature, forever
- Future updates included
- No subscription — pay once
- Copilot AI: 100 credits included once
- Add Copilot credit packs anytime — they never expire
💡 How AI is billed: local tools are unlimited on paid plans. Copilot & full-text translation draw credits — Pro includes 30/month, Lifetime 100 once, and you can add packs anytime that never expire. No surprise bills.
FAQ
Frequently Asked Questions
What can I do with PDF Review & Annotate?
Highlight, underline, strike through, add sticky notes and threaded comments, draw shapes and freehand, and export or share every markup for a faster review cycle.
Can highlights and notes be edited after I place them?
Yes — every markup stays editable. Reposition a sticky note, change a highlight color, move a shape, or delete a comment until you are happy with the review.
Do comments show up as a real thread?
Yes — sticky notes can be turned into threaded comments that colleagues reply to in place, so every discussion stays anchored to the exact passage it refers to.
Can I share my marked-up PDF with my team?
Yes — export a clean summary of all highlights, notes, and shapes, or share a review link and watch collaborators resolve threads in real time.
Does annotating change the original document?
No — your source PDF is never altered. Markups live in a separate review layer that you can flatten on export or discard at any time.
Are my reviews and comments private?
Yes — all markups are processed on your device, and shared review links can be given an expiry date and revoked at any time.
