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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and CS Disco, Inc. (LAW). Click either name above to swap in a different company.
DYNEX CAPITAL INC is the larger business by last-quarter revenue ($43.5M vs $41.9M, roughly 1.0× CS Disco, Inc.). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 14.3%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs 7.9%).
Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.
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.
DX vs LAW — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $43.5M | $41.9M |
| Net Profit | — | $-9.6M |
| Gross Margin | — | 74.2% |
| Operating Margin | — | 1.7% |
| Net Margin | — | -23.0% |
| Revenue YoY | 531.3% | 14.3% |
| Net Profit YoY | — | 15.6% |
| EPS (diluted) | $1.59 | $-0.15 |
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.
| Q1 26 | — | $41.9M | ||
| Q4 25 | $43.5M | $41.2M | ||
| Q3 25 | $30.6M | $40.9M | ||
| Q2 25 | $23.1M | $38.1M | ||
| Q1 25 | $17.1M | $36.7M | ||
| Q4 24 | — | $37.0M | ||
| Q3 24 | — | $36.3M | ||
| Q2 24 | — | $36.0M |
| Q1 26 | — | $-9.6M | ||
| Q4 25 | — | $-8.5M | ||
| Q3 25 | $150.4M | $-13.7M | ||
| Q2 25 | $-13.6M | $-10.8M | ||
| Q1 25 | $-3.1M | $-11.4M | ||
| Q4 24 | — | $-25.2M | ||
| Q3 24 | — | $-9.2M | ||
| Q2 24 | — | $-10.8M |
| Q1 26 | — | 74.2% | ||
| 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 26 | — | 1.7% | ||
| Q4 25 | — | -22.4% | ||
| Q3 25 | — | -35.3% | ||
| Q2 25 | — | -31.0% | ||
| Q1 25 | — | -34.4% | ||
| Q4 24 | — | -70.6% | ||
| Q3 24 | — | -30.0% | ||
| Q2 24 | — | -34.4% |
| Q1 26 | — | -23.0% | ||
| Q4 25 | — | -20.7% | ||
| Q3 25 | 491.3% | -33.4% | ||
| Q2 25 | -58.8% | -28.4% | ||
| Q1 25 | -18.0% | -31.1% | ||
| Q4 24 | — | -68.1% | ||
| Q3 24 | — | -25.3% | ||
| Q2 24 | — | -30.1% |
| Q1 26 | — | $-0.15 | ||
| Q4 25 | $1.59 | $-0.13 | ||
| Q3 25 | $1.08 | $-0.22 | ||
| Q2 25 | $-0.14 | $-0.18 | ||
| Q1 25 | $-0.06 | $-0.19 | ||
| Q4 24 | — | $-0.43 | ||
| Q3 24 | — | $-0.15 | ||
| Q2 24 | — | $-0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $531.0M | $103.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.5B | $123.9M |
| Total Assets | $17.3B | $162.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $103.0M | ||
| Q4 25 | $531.0M | $114.6M | ||
| Q3 25 | $491.0M | $113.5M | ||
| Q2 25 | $387.5M | $114.5M | ||
| Q1 25 | $327.4M | $118.8M | ||
| Q4 24 | — | $129.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $130.0M |
| Q1 26 | — | $123.9M | ||
| Q4 25 | $2.5B | $128.1M | ||
| Q3 25 | $2.0B | $130.6M | ||
| Q2 25 | $1.6B | $137.9M | ||
| Q1 25 | $1.4B | $142.2M | ||
| Q4 24 | — | $147.5M | ||
| Q3 24 | — | $167.3M | ||
| Q2 24 | — | $170.9M |
| Q1 26 | — | $162.4M | ||
| Q4 25 | $17.3B | $173.6M | ||
| Q3 25 | $14.2B | $174.8M | ||
| Q2 25 | $11.3B | $164.9M | ||
| Q1 25 | $9.0B | $168.0M | ||
| Q4 24 | — | $180.3M | ||
| Q3 24 | — | $194.4M | ||
| Q2 24 | — | $198.0M |
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 | $120.8M | $-11.7M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $-11.7M | ||
| Q4 25 | $120.8M | $762.0K | ||
| Q3 25 | $68.3M | $-979.0K | ||
| Q2 25 | $31.9M | $-4.2M | ||
| Q1 25 | $6.4M | $-10.5M | ||
| Q4 24 | — | $2.1M | ||
| Q3 24 | — | $-2.9M | ||
| Q2 24 | — | $-650.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | $255.0K | ||
| Q3 25 | — | $-2.0M | ||
| Q2 25 | — | $-5.2M | ||
| Q1 25 | — | $-11.0M | ||
| Q4 24 | — | $1.5M | ||
| Q3 24 | — | $-3.7M | ||
| Q2 24 | — | $-1.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | -5.0% | ||
| Q2 25 | — | -13.6% | ||
| Q1 25 | — | -30.1% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | — | -10.3% | ||
| Q2 24 | — | -3.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 1.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
