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Side-by-side financial comparison of ADC Therapeutics SA (ADCT) and CS Disco, Inc. (LAW). Click either name above to swap in a different company.
CS Disco, Inc. is the larger business by last-quarter revenue ($41.2M vs $23.1M, roughly 1.8× ADC Therapeutics SA). On growth, ADC Therapeutics SA posted the faster year-over-year revenue change (36.4% vs 11.3%). Over the past eight quarters, ADC Therapeutics SA's revenue compounded faster (13.7% CAGR vs 7.6%).
ADC Telecommunications, Inc. was a communications company in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. It was acquired by TE Connectivity in December 2010 and ceased to exist as a separate entity. ADC products were sold by CommScope after it acquired the Broadband Network Solutions business unit from TE Connectivity in August 2015.
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.
ADCT vs LAW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $23.1M | $41.2M |
| Net Profit | — | $-8.5M |
| Gross Margin | — | 75.1% |
| Operating Margin | -77.7% | -22.4% |
| Net Margin | — | -20.7% |
| Revenue YoY | 36.4% | 11.3% |
| Net Profit YoY | — | 66.3% |
| EPS (diluted) | $0.04 | $-0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $23.1M | $41.2M | ||
| Q3 25 | $15.8M | $40.9M | ||
| Q2 25 | $18.1M | $38.1M | ||
| Q1 25 | $17.4M | $36.7M | ||
| Q4 24 | $16.9M | $37.0M | ||
| Q3 24 | $18.0M | $36.3M | ||
| Q2 24 | $17.0M | $36.0M | ||
| Q1 24 | $17.8M | $35.6M |
| Q4 25 | — | $-8.5M | ||
| Q3 25 | $-41.0M | $-13.7M | ||
| Q2 25 | $-56.6M | $-10.8M | ||
| Q1 25 | $-38.6M | $-11.4M | ||
| Q4 24 | — | $-25.2M | ||
| Q3 24 | $-44.0M | $-9.2M | ||
| Q2 24 | $-36.5M | $-10.8M | ||
| Q1 24 | $-46.6M | $-10.6M |
| Q4 25 | — | 75.1% | ||
| Q3 25 | — | 75.5% | ||
| Q2 25 | — | 74.6% | ||
| Q1 25 | — | 74.1% | ||
| Q4 24 | — | 74.2% | ||
| Q3 24 | — | 73.1% | ||
| Q2 24 | — | 74.2% | ||
| Q1 24 | — | 75.1% |
| Q4 25 | -77.7% | -22.4% | ||
| Q3 25 | -196.6% | -35.3% | ||
| Q2 25 | -244.1% | -31.0% | ||
| Q1 25 | -163.5% | -34.4% | ||
| Q4 24 | -191.8% | -70.6% | ||
| Q3 24 | -197.4% | -30.0% | ||
| Q2 24 | -170.5% | -34.4% | ||
| Q1 24 | -188.3% | -34.7% |
| Q4 25 | — | -20.7% | ||
| Q3 25 | -260.1% | -33.4% | ||
| Q2 25 | -313.2% | -28.4% | ||
| Q1 25 | -221.8% | -31.1% | ||
| Q4 24 | — | -68.1% | ||
| Q3 24 | -244.1% | -25.3% | ||
| Q2 24 | -214.6% | -30.1% | ||
| Q1 24 | -261.1% | -29.7% |
| Q4 25 | $0.04 | $-0.13 | ||
| Q3 25 | $-0.30 | $-0.22 | ||
| Q2 25 | $-0.50 | $-0.18 | ||
| Q1 25 | $-0.36 | $-0.19 | ||
| Q4 24 | $-0.26 | $-0.43 | ||
| Q3 24 | $-0.42 | $-0.15 | ||
| Q2 24 | $-0.38 | $-0.18 | ||
| Q1 24 | $-0.56 | $-0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $261.3M | $114.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-185.8M | $128.1M |
| Total Assets | $323.1M | $173.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $261.3M | $114.6M | ||
| Q3 25 | $234.7M | $113.5M | ||
| Q2 25 | $264.6M | $114.5M | ||
| Q1 25 | $194.7M | $118.8M | ||
| Q4 24 | $250.9M | $129.1M | ||
| Q3 24 | $274.3M | $126.8M | ||
| Q2 24 | $300.1M | $130.0M | ||
| Q1 24 | $234.3M | $148.7M |
| Q4 25 | $-185.8M | $128.1M | ||
| Q3 25 | $-238.2M | $130.6M | ||
| Q2 25 | $-199.2M | $137.9M | ||
| Q1 25 | $-238.2M | $142.2M | ||
| Q4 24 | $-202.6M | $147.5M | ||
| Q3 24 | $-171.9M | $167.3M | ||
| Q2 24 | $-131.7M | $170.9M | ||
| Q1 24 | $-194.4M | $193.2M |
| Q4 25 | $323.1M | $173.6M | ||
| Q3 25 | $289.8M | $174.8M | ||
| Q2 25 | $321.6M | $164.9M | ||
| Q1 25 | $272.5M | $168.0M | ||
| Q4 24 | $322.0M | $180.3M | ||
| Q3 24 | $349.1M | $194.4M | ||
| Q2 24 | $371.8M | $198.0M | ||
| Q1 24 | $308.0M | $217.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-31.1M | $762.0K |
| Free Cash FlowOCF − Capex | — | $255.0K |
| FCF MarginFCF / Revenue | — | 0.6% |
| Capex IntensityCapex / Revenue | 0.0% | 1.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-18.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-31.1M | $762.0K | ||
| Q3 25 | $-29.6M | $-979.0K | ||
| Q2 25 | $-24.1M | $-4.2M | ||
| Q1 25 | $-56.3M | $-10.5M | ||
| Q4 24 | $-21.9M | $2.1M | ||
| Q3 24 | $-25.0M | $-2.9M | ||
| Q2 24 | $-32.8M | $-650.0K | ||
| Q1 24 | $-44.1M | $-7.3M |
| Q4 25 | — | $255.0K | ||
| Q3 25 | — | $-2.0M | ||
| Q2 25 | — | $-5.2M | ||
| Q1 25 | $-56.6M | $-11.0M | ||
| Q4 24 | $-21.9M | $1.5M | ||
| Q3 24 | $-25.3M | $-3.7M | ||
| Q2 24 | $-32.9M | $-1.3M | ||
| Q1 24 | $-44.6M | $-8.0M |
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | -5.0% | ||
| Q2 25 | — | -13.6% | ||
| Q1 25 | -325.2% | -30.1% | ||
| Q4 24 | -129.8% | 4.1% | ||
| Q3 24 | -140.2% | -10.3% | ||
| Q2 24 | -193.0% | -3.6% | ||
| Q1 24 | -250.0% | -22.5% |
| Q4 25 | 0.0% | 1.2% | ||
| Q3 25 | 0.0% | 2.6% | ||
| Q2 25 | 0.0% | 2.5% | ||
| Q1 25 | 1.5% | 1.4% | ||
| Q4 24 | 0.5% | 1.5% | ||
| Q3 24 | 1.2% | 2.4% | ||
| Q2 24 | 0.2% | 1.8% | ||
| Q1 24 | 3.0% | 1.9% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADCT
Segment breakdown not available.
LAW
| Software | $35.1M | 85% |
| Services | $6.0M | 15% |
