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Side-by-side financial comparison of ARTESIAN RESOURCES CORP (ARTNA) 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 $28.0M, roughly 1.5× ARTESIAN RESOURCES CORP). ARTESIAN RESOURCES CORP runs the higher net margin — 14.8% vs -20.7%, a 35.4% gap on every dollar of revenue. On growth, CS Disco, Inc. posted the faster year-over-year revenue change (11.3% vs 4.3%). CS Disco, Inc. produced more free cash flow last quarter ($255.0K vs $-7.9M). Over the past eight quarters, CS Disco, Inc.'s revenue compounded faster (7.6% CAGR vs 6.8%).

Artesian Resources Corp is a US-headquartered regulated water utility and wastewater service provider, primarily serving residential, commercial, industrial and municipal customers across Delaware. It focuses on delivering safe, reliable drinking water supply and sustainable wastewater treatment solutions to local communities.

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.

ARTNA vs LAW — Head-to-Head

Bigger by revenue
LAW
LAW
1.5× larger
LAW
$41.2M
$28.0M
ARTNA
Growing faster (revenue YoY)
LAW
LAW
+6.9% gap
LAW
11.3%
4.3%
ARTNA
Higher net margin
ARTNA
ARTNA
35.4% more per $
ARTNA
14.8%
-20.7%
LAW
More free cash flow
LAW
LAW
$8.1M more FCF
LAW
$255.0K
$-7.9M
ARTNA
Faster 2-yr revenue CAGR
LAW
LAW
Annualised
LAW
7.6%
6.8%
ARTNA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARTNA
ARTNA
LAW
LAW
Revenue
$28.0M
$41.2M
Net Profit
$4.1M
$-8.5M
Gross Margin
75.1%
Operating Margin
20.6%
-22.4%
Net Margin
14.8%
-20.7%
Revenue YoY
4.3%
11.3%
Net Profit YoY
7.5%
66.3%
EPS (diluted)
$0.39
$-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.

Revenue
ARTNA
ARTNA
LAW
LAW
Q4 25
$28.0M
$41.2M
Q3 25
$30.5M
$40.9M
Q2 25
$28.5M
$38.1M
Q1 25
$25.9M
$36.7M
Q4 24
$26.9M
$37.0M
Q3 24
$29.1M
$36.3M
Q2 24
$27.4M
$36.0M
Q1 24
$24.5M
$35.6M
Net Profit
ARTNA
ARTNA
LAW
LAW
Q4 25
$4.1M
$-8.5M
Q3 25
$7.0M
$-13.7M
Q2 25
$6.3M
$-10.8M
Q1 25
$5.4M
$-11.4M
Q4 24
$3.8M
$-25.2M
Q3 24
$6.8M
$-9.2M
Q2 24
$5.3M
$-10.8M
Q1 24
$4.4M
$-10.6M
Gross Margin
ARTNA
ARTNA
LAW
LAW
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%
Operating Margin
ARTNA
ARTNA
LAW
LAW
Q4 25
20.6%
-22.4%
Q3 25
28.3%
-35.3%
Q2 25
27.5%
-31.0%
Q1 25
21.4%
-34.4%
Q4 24
21.0%
-70.6%
Q3 24
29.5%
-30.0%
Q2 24
26.3%
-34.4%
Q1 24
19.2%
-34.7%
Net Margin
ARTNA
ARTNA
LAW
LAW
Q4 25
14.8%
-20.7%
Q3 25
22.8%
-33.4%
Q2 25
22.0%
-28.4%
Q1 25
21.0%
-31.1%
Q4 24
14.3%
-68.1%
Q3 24
23.4%
-25.3%
Q2 24
19.4%
-30.1%
Q1 24
18.0%
-29.7%
EPS (diluted)
ARTNA
ARTNA
LAW
LAW
Q4 25
$0.39
$-0.13
Q3 25
$0.68
$-0.22
Q2 25
$0.61
$-0.18
Q1 25
$0.53
$-0.19
Q4 24
$0.37
$-0.43
Q3 24
$0.66
$-0.15
Q2 24
$0.52
$-0.18
Q1 24
$0.43
$-0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARTNA
ARTNA
LAW
LAW
Cash + ST InvestmentsLiquidity on hand
$52.0K
$114.6M
Total DebtLower is stronger
$176.4M
Stockholders' EquityBook value
$249.9M
$128.1M
Total Assets
$851.2M
$173.6M
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARTNA
ARTNA
LAW
LAW
Q4 25
$52.0K
$114.6M
Q3 25
$705.0K
$113.5M
Q2 25
$349.0K
$114.5M
Q1 25
$3.7M
$118.8M
Q4 24
$1.1M
$129.1M
Q3 24
$10.7M
$126.8M
Q2 24
$6.3M
$130.0M
Q1 24
$9.5M
$148.7M
Total Debt
ARTNA
ARTNA
LAW
LAW
Q4 25
$176.4M
Q3 25
Q2 25
Q1 25
Q4 24
$178.7M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ARTNA
ARTNA
LAW
LAW
Q4 25
$249.9M
$128.1M
Q3 25
$248.8M
$130.6M
Q2 25
$244.9M
$137.9M
Q1 25
$241.7M
$142.2M
Q4 24
$239.2M
$147.5M
Q3 24
$238.3M
$167.3M
Q2 24
$234.4M
$170.9M
Q1 24
$232.0M
$193.2M
Total Assets
ARTNA
ARTNA
LAW
LAW
Q4 25
$851.2M
$173.6M
Q3 25
$833.9M
$174.8M
Q2 25
$819.3M
$164.9M
Q1 25
$808.9M
$168.0M
Q4 24
$798.6M
$180.3M
Q3 24
$796.0M
$194.4M
Q2 24
$783.1M
$198.0M
Q1 24
$798.6M
$217.3M
Debt / Equity
ARTNA
ARTNA
LAW
LAW
Q4 25
0.71×
Q3 25
Q2 25
Q1 25
Q4 24
0.75×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARTNA
ARTNA
LAW
LAW
Operating Cash FlowLast quarter
$10.5M
$762.0K
Free Cash FlowOCF − Capex
$-7.9M
$255.0K
FCF MarginFCF / Revenue
-28.1%
0.6%
Capex IntensityCapex / Revenue
65.4%
1.2%
Cash ConversionOCF / Net Profit
2.53×
TTM Free Cash FlowTrailing 4 quarters
$-18.5M
$-18.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARTNA
ARTNA
LAW
LAW
Q4 25
$10.5M
$762.0K
Q3 25
$11.0M
$-979.0K
Q2 25
$7.9M
$-4.2M
Q1 25
$11.0M
$-10.5M
Q4 24
$6.7M
$2.1M
Q3 24
$10.7M
$-2.9M
Q2 24
$6.9M
$-650.0K
Q1 24
$12.6M
$-7.3M
Free Cash Flow
ARTNA
ARTNA
LAW
LAW
Q4 25
$-7.9M
$255.0K
Q3 25
$-3.3M
$-2.0M
Q2 25
$-7.9M
$-5.2M
Q1 25
$560.0K
$-11.0M
Q4 24
$-8.3M
$1.5M
Q3 24
$-1.9M
$-3.7M
Q2 24
$-2.6M
$-1.3M
Q1 24
$3.7M
$-8.0M
FCF Margin
ARTNA
ARTNA
LAW
LAW
Q4 25
-28.1%
0.6%
Q3 25
-10.7%
-5.0%
Q2 25
-27.8%
-13.6%
Q1 25
2.2%
-30.1%
Q4 24
-30.9%
4.1%
Q3 24
-6.5%
-10.3%
Q2 24
-9.4%
-3.6%
Q1 24
15.0%
-22.5%
Capex Intensity
ARTNA
ARTNA
LAW
LAW
Q4 25
65.4%
1.2%
Q3 25
46.7%
2.6%
Q2 25
55.6%
2.5%
Q1 25
40.2%
1.4%
Q4 24
55.9%
1.5%
Q3 24
43.1%
2.4%
Q2 24
34.5%
1.8%
Q1 24
36.4%
1.9%
Cash Conversion
ARTNA
ARTNA
LAW
LAW
Q4 25
2.53×
Q3 25
1.58×
Q2 25
1.26×
Q1 25
2.02×
Q4 24
1.74×
Q3 24
1.56×
Q2 24
1.29×
Q1 24
2.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARTNA
ARTNA

Water Sales$22.3M80%
Other Utility Operating Revenue$3.8M14%
Non Utility Operating Revenue$1.9M7%

LAW
LAW

Software$35.1M85%
Services$6.0M15%

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