CS Disco, Inc.LAWEarnings & Financial Report
CS Disco, Inc. is a leading legal technology provider that develops cloud-based software solutions for legal practitioners. Its core offerings include e-discovery, document review, case management, and legal workflow automation tools, serving law firms, corporate legal teams, and government legal departments primarily in North America.
Revenue
$36.7M
Gross Profit
$27.1M
Operating Profit
$-12.6M
Net Profit
$-11.4M
Gross Margin
74.1%
Operating Margin
-34.4%
Net Margin
-31.1%
YoY Growth
3.0%
EPS
$-0.19
CS Disco, Inc. Q1 FY2025 Financial Summary
CS Disco, Inc. reported revenue of $36.7M (up 3.0% YoY) for Q1 FY2025, with a net profit of $-11.4M (down 7.7% YoY) (-31.1% margin). Cost of goods sold was $9.5M, operating expenses totaled $39.8M.
Key Financial Metrics
| Total Revenue | $36.7M |
|---|---|
| Net Profit | $-11.4M |
| Gross Margin | 74.1% |
| Operating Margin | -34.4% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
CS Disco, Inc. Q1 FY2025 revenue of $36.7M breaks down across 2 segments, led by Software at $30.9M (84.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Software | $30.9M | 84.3% |
| Services | $5.8M | 15.7% |
CS Disco, Inc. Revenue by Segment — Quarterly Trend
CS Disco, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Software and Services) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Software | — | $35.1M | $35.2M | $32.7M |
| Services | — | $6.0M | $5.7M | $5.4M |
CS Disco, Inc. Annual Revenue by Year
CS Disco, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $156.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $156.8M |
| 2024 | $144.8M |
| 2023 | $138.1M |
| 2022 | $135.2M |
CS Disco, Inc. Quarterly Revenue & Net Profit History
CS Disco, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $41.9M | +14.3% | $-9.6M | -23.0% |
| Q4 FY2025 | $41.2M | +11.3% | $-8.5M | -20.7% |
| Q3 FY2025 | $40.9M | +12.8% | $-13.7M | -33.4% |
| Q2 FY2025 | $38.1M | +5.8% | $-10.8M | -28.4% |
| Q1 FY2025 | $36.7M | +3.0% | $-11.4M | -31.1% |
| Q4 FY2024 | $37.0M | +3.5% | $-25.2M | -68.1% |
| Q3 FY2024 | $36.3M | +3.8% | $-9.2M | -25.3% |
| Q2 FY2024 | $36.0M | +5.0% | $-10.8M | -30.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.0M | $36.3M | $37.0M | $36.7M | $38.1M | $40.9M | $41.2M | $41.9M |
| YoY Growth | 5.0% | 3.8% | 3.5% | 3.0% | 5.8% | 12.8% | 11.3% | 14.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $198.0M | $194.4M | $180.3M | $168.0M | $164.9M | $174.8M | $173.6M | $162.4M |
| Liabilities | $27.1M | $27.1M | $32.8M | $25.9M | $27.0M | $44.1M | $45.5M | $38.4M |
| Equity | $170.9M | $167.3M | $147.5M | $142.2M | $137.9M | $130.6M | $128.1M | $123.9M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-650000 | $-2.9M | $2.1M | $-10.5M | $-4.2M | $-979000 | $762000 | $-11.7M |