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Side-by-side financial comparison of Core Scientific, Inc. (CORZ) and CS Disco, Inc. (LAW). Click either name above to swap in a different company.
Core Scientific, Inc. is the larger business by last-quarter revenue ($79.8M vs $41.2M, roughly 1.9× CS Disco, Inc.). Core Scientific, Inc. runs the higher net margin — 268.5% vs -20.7%, a 289.1% gap on every dollar of revenue. On growth, CS Disco, Inc. posted the faster year-over-year revenue change (11.3% vs -16.0%). CS Disco, Inc. produced more free cash flow last quarter ($255.0K vs $-450.8M). Over the past eight quarters, CS Disco, Inc.'s revenue compounded faster (7.6% CAGR vs -33.3%).
Core Scientific is a leading digital asset and high-performance computing infrastructure provider. It operates large energy-efficient data centers across North America, offering cryptocurrency mining services, colocation hosting for blockchain and AI clients, and custom high-performance computing solutions for enterprise tech segments.
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.
CORZ vs LAW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $79.8M | $41.2M |
| Net Profit | $214.2M | $-8.5M |
| Gross Margin | 26.0% | 75.1% |
| Operating Margin | -149.5% | -22.4% |
| Net Margin | 268.5% | -20.7% |
| Revenue YoY | -16.0% | 11.3% |
| Net Profit YoY | 180.6% | 66.3% |
| EPS (diluted) | $-1.63 | $-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 | $79.8M | $41.2M | ||
| Q3 25 | $81.1M | $40.9M | ||
| Q2 25 | $78.6M | $38.1M | ||
| Q1 25 | $79.5M | $36.7M | ||
| Q4 24 | $94.9M | $37.0M | ||
| Q3 24 | $95.4M | $36.3M | ||
| Q2 24 | $141.1M | $36.0M | ||
| Q1 24 | $179.3M | $35.6M |
| Q4 25 | $214.2M | $-8.5M | ||
| Q3 25 | $-144.0M | $-13.7M | ||
| Q2 25 | $-936.8M | $-10.8M | ||
| Q1 25 | $576.3M | $-11.4M | ||
| Q4 24 | $-265.5M | $-25.2M | ||
| Q3 24 | $-455.3M | $-9.2M | ||
| Q2 24 | $-902.2M | $-10.8M | ||
| Q1 24 | $210.7M | $-10.6M |
| Q4 25 | 26.0% | 75.1% | ||
| Q3 25 | 4.8% | 75.5% | ||
| Q2 25 | 6.4% | 74.6% | ||
| Q1 25 | 10.3% | 74.1% | ||
| Q4 24 | 5.0% | 74.2% | ||
| Q3 24 | -0.2% | 73.1% | ||
| Q2 24 | 27.5% | 74.2% | ||
| Q1 24 | 43.3% | 75.1% |
| Q4 25 | -149.5% | -22.4% | ||
| Q3 25 | -67.6% | -35.3% | ||
| Q2 25 | -33.4% | -31.0% | ||
| Q1 25 | -59.1% | -34.4% | ||
| Q4 24 | -41.9% | -70.6% | ||
| Q3 24 | -43.2% | -30.0% | ||
| Q2 24 | -64.3% | -34.4% | ||
| Q1 24 | 30.8% | -34.7% |
| Q4 25 | 268.5% | -20.7% | ||
| Q3 25 | -177.6% | -33.4% | ||
| Q2 25 | -1191.4% | -28.4% | ||
| Q1 25 | 724.6% | -31.1% | ||
| Q4 24 | -279.7% | -68.1% | ||
| Q3 24 | -477.4% | -25.3% | ||
| Q2 24 | -639.4% | -30.1% | ||
| Q1 24 | 117.5% | -29.7% |
| Q4 25 | $-1.63 | $-0.13 | ||
| Q3 25 | $-0.45 | $-0.22 | ||
| Q2 25 | $-0.04 | $-0.18 | ||
| Q1 25 | $1.24 | $-0.19 | ||
| Q4 24 | $0.51 | $-0.43 | ||
| Q3 24 | $-1.17 | $-0.15 | ||
| Q2 24 | $-5.05 | $-0.18 | ||
| Q1 24 | $0.78 | $-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 | $311.4M | $114.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-962.7M | $128.1M |
| Total Assets | $2.3B | $173.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $311.4M | $114.6M | ||
| Q3 25 | $453.4M | $113.5M | ||
| Q2 25 | $581.3M | $114.5M | ||
| Q1 25 | $697.9M | $118.8M | ||
| Q4 24 | $836.2M | $129.1M | ||
| Q3 24 | $253.0M | $126.8M | ||
| Q2 24 | $96.1M | $130.0M | ||
| Q1 24 | $98.1M | $148.7M |
| Q4 25 | $-962.7M | $128.1M | ||
| Q3 25 | $-1.3B | $130.6M | ||
| Q2 25 | $-1.2B | $137.9M | ||
| Q1 25 | $-308.8M | $142.2M | ||
| Q4 24 | $-943.0M | $147.5M | ||
| Q3 24 | $-826.7M | $167.3M | ||
| Q2 24 | $-1.2B | $170.9M | ||
| Q1 24 | $-318.5M | $193.2M |
| Q4 25 | $2.3B | $173.6M | ||
| Q3 25 | $2.2B | $174.8M | ||
| Q2 25 | $1.9B | $164.9M | ||
| Q1 25 | $1.5B | $168.0M | ||
| Q4 24 | $1.5B | $180.3M | ||
| Q3 24 | $824.6M | $194.4M | ||
| Q2 24 | $664.2M | $198.0M | ||
| Q1 24 | $814.0M | $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 | $278.3M | $762.0K |
| Free Cash FlowOCF − Capex | $-450.8M | $255.0K |
| FCF MarginFCF / Revenue | -565.1% | 0.6% |
| Capex IntensityCapex / Revenue | 914.0% | 1.2% |
| Cash ConversionOCF / Net Profit | 1.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-779.8M | $-18.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.3M | $762.0K | ||
| Q3 25 | $131.8M | $-979.0K | ||
| Q2 25 | $34.0M | $-4.2M | ||
| Q1 25 | $-45.0M | $-10.5M | ||
| Q4 24 | $42.9M | $2.1M | ||
| Q3 24 | $5.7M | $-2.9M | ||
| Q2 24 | $1.2M | $-650.0K | ||
| Q1 24 | $22.2M | $-7.3M |
| Q4 25 | $-450.8M | $255.0K | ||
| Q3 25 | $-112.7M | $-2.0M | ||
| Q2 25 | $-87.3M | $-5.2M | ||
| Q1 25 | $-129.0M | $-11.0M | ||
| Q4 24 | $-52.1M | $1.5M | ||
| Q3 24 | $-25.5M | $-3.7M | ||
| Q2 24 | $-1.9M | $-1.3M | ||
| Q1 24 | $-9.7M | $-8.0M |
| Q4 25 | -565.1% | 0.6% | ||
| Q3 25 | -139.0% | -5.0% | ||
| Q2 25 | -111.0% | -13.6% | ||
| Q1 25 | -162.2% | -30.1% | ||
| Q4 24 | -54.8% | 4.1% | ||
| Q3 24 | -26.7% | -10.3% | ||
| Q2 24 | -1.4% | -3.6% | ||
| Q1 24 | -5.4% | -22.5% |
| Q4 25 | 914.0% | 1.2% | ||
| Q3 25 | 301.5% | 2.6% | ||
| Q2 25 | 154.2% | 2.5% | ||
| Q1 25 | 105.6% | 1.4% | ||
| Q4 24 | 100.0% | 1.5% | ||
| Q3 24 | 32.7% | 2.4% | ||
| Q2 24 | 2.2% | 1.8% | ||
| Q1 24 | 17.8% | 1.9% |
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.08× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.11× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CORZ
| Other | $36.3M | 46% |
| Digital Asset Self Mining Service | $31.8M | 40% |
| Colocation Service | $11.6M | 15% |
LAW
| Software | $35.1M | 85% |
| Services | $6.0M | 15% |
