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Side-by-side financial comparison of First Foundation Inc. (FFWM) and CS Disco, Inc. (LAW). Click either name above to swap in a different company.

First Foundation Inc. is the larger business by last-quarter revenue ($48.4M vs $41.2M, roughly 1.2× CS Disco, Inc.). CS Disco, Inc. runs the higher net margin — -20.7% vs -97.9%, a 77.2% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 11.3%). CS Disco, Inc. produced more free cash flow last quarter ($255.0K vs $-35.2M). Over the past eight quarters, CS Disco, Inc.'s revenue compounded faster (7.6% CAGR vs -2.7%).

John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.

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.

FFWM vs LAW — Head-to-Head

Bigger by revenue
FFWM
FFWM
1.2× larger
FFWM
$48.4M
$41.2M
LAW
Growing faster (revenue YoY)
FFWM
FFWM
+410.4% gap
FFWM
421.7%
11.3%
LAW
Higher net margin
LAW
LAW
77.2% more per $
LAW
-20.7%
-97.9%
FFWM
More free cash flow
LAW
LAW
$35.5M more FCF
LAW
$255.0K
$-35.2M
FFWM
Faster 2-yr revenue CAGR
LAW
LAW
Annualised
LAW
7.6%
-2.7%
FFWM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FFWM
FFWM
LAW
LAW
Revenue
$48.4M
$41.2M
Net Profit
$-8.0M
$-8.5M
Gross Margin
75.1%
Operating Margin
-97.5%
-22.4%
Net Margin
-97.9%
-20.7%
Revenue YoY
421.7%
11.3%
Net Profit YoY
43.0%
66.3%
EPS (diluted)
$-0.09
$-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
FFWM
FFWM
LAW
LAW
Q4 25
$48.4M
$41.2M
Q3 25
$63.6M
$40.9M
Q2 25
$51.4M
$38.1M
Q1 25
$71.4M
$36.7M
Q4 24
$9.3M
$37.0M
Q3 24
$9.2M
$36.3M
Q2 24
$57.5M
$36.0M
Q1 24
$51.1M
$35.6M
Net Profit
FFWM
FFWM
LAW
LAW
Q4 25
$-8.0M
$-8.5M
Q3 25
$-146.3M
$-13.7M
Q2 25
$-7.7M
$-10.8M
Q1 25
$6.9M
$-11.4M
Q4 24
$-14.1M
$-25.2M
Q3 24
$-82.2M
$-9.2M
Q2 24
$3.1M
$-10.8M
Q1 24
$793.0K
$-10.6M
Gross Margin
FFWM
FFWM
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
FFWM
FFWM
LAW
LAW
Q4 25
-97.5%
-22.4%
Q3 25
-92.7%
-35.3%
Q2 25
-21.1%
-31.0%
Q1 25
8.8%
-34.4%
Q4 24
-247.7%
-70.6%
Q3 24
-1276.7%
-30.0%
Q2 24
4.6%
-34.4%
Q1 24
-0.2%
-34.7%
Net Margin
FFWM
FFWM
LAW
LAW
Q4 25
-97.9%
-20.7%
Q3 25
-230.1%
-33.4%
Q2 25
-15.0%
-28.4%
Q1 25
9.7%
-31.1%
Q4 24
-152.2%
-68.1%
Q3 24
-896.9%
-25.3%
Q2 24
5.4%
-30.1%
Q1 24
1.6%
-29.7%
EPS (diluted)
FFWM
FFWM
LAW
LAW
Q4 25
$-0.09
$-0.13
Q3 25
$-1.78
$-0.22
Q2 25
$-0.09
$-0.18
Q1 25
$0.08
$-0.19
Q4 24
$-0.24
$-0.43
Q3 24
$-1.23
$-0.15
Q2 24
$0.05
$-0.18
Q1 24
$0.01
$-0.17

Balance Sheet & Financial Strength

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

Metric
FFWM
FFWM
LAW
LAW
Cash + ST InvestmentsLiquidity on hand
$1.6B
$114.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$912.6M
$128.1M
Total Assets
$11.9B
$173.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFWM
FFWM
LAW
LAW
Q4 25
$1.6B
$114.6M
Q3 25
$1.7B
$113.5M
Q2 25
$1.1B
$114.5M
Q1 25
$1.0B
$118.8M
Q4 24
$1.0B
$129.1M
Q3 24
$1.1B
$126.8M
Q2 24
$1.4B
$130.0M
Q1 24
$1.6B
$148.7M
Stockholders' Equity
FFWM
FFWM
LAW
LAW
Q4 25
$912.6M
$128.1M
Q3 25
$917.9M
$130.6M
Q2 25
$1.1B
$137.9M
Q1 25
$1.1B
$142.2M
Q4 24
$1.1B
$147.5M
Q3 24
$1.1B
$167.3M
Q2 24
$933.2M
$170.9M
Q1 24
$928.7M
$193.2M
Total Assets
FFWM
FFWM
LAW
LAW
Q4 25
$11.9B
$173.6M
Q3 25
$11.9B
$174.8M
Q2 25
$11.6B
$164.9M
Q1 25
$12.6B
$168.0M
Q4 24
$12.6B
$180.3M
Q3 24
$13.4B
$194.4M
Q2 24
$13.7B
$198.0M
Q1 24
$13.6B
$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
FFWM
FFWM
LAW
LAW
Operating Cash FlowLast quarter
$-31.9M
$762.0K
Free Cash FlowOCF − Capex
$-35.2M
$255.0K
FCF MarginFCF / Revenue
-72.8%
0.6%
Capex IntensityCapex / Revenue
6.9%
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-45.9M
$-18.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFWM
FFWM
LAW
LAW
Q4 25
$-31.9M
$762.0K
Q3 25
$9.2M
$-979.0K
Q2 25
$-16.3M
$-4.2M
Q1 25
$-552.0K
$-10.5M
Q4 24
$-8.7M
$2.1M
Q3 24
$14.2M
$-2.9M
Q2 24
$-9.1M
$-650.0K
Q1 24
$7.2M
$-7.3M
Free Cash Flow
FFWM
FFWM
LAW
LAW
Q4 25
$-35.2M
$255.0K
Q3 25
$8.6M
$-2.0M
Q2 25
$-16.7M
$-5.2M
Q1 25
$-2.5M
$-11.0M
Q4 24
$-11.4M
$1.5M
Q3 24
$13.4M
$-3.7M
Q2 24
$-9.4M
$-1.3M
Q1 24
$5.9M
$-8.0M
FCF Margin
FFWM
FFWM
LAW
LAW
Q4 25
-72.8%
0.6%
Q3 25
13.5%
-5.0%
Q2 25
-32.4%
-13.6%
Q1 25
-3.5%
-30.1%
Q4 24
-123.5%
4.1%
Q3 24
146.2%
-10.3%
Q2 24
-16.3%
-3.6%
Q1 24
11.6%
-22.5%
Capex Intensity
FFWM
FFWM
LAW
LAW
Q4 25
6.9%
1.2%
Q3 25
1.0%
2.6%
Q2 25
0.8%
2.5%
Q1 25
2.8%
1.4%
Q4 24
29.4%
1.5%
Q3 24
9.0%
2.4%
Q2 24
0.4%
1.8%
Q1 24
2.5%
1.9%
Cash Conversion
FFWM
FFWM
LAW
LAW
Q4 25
Q3 25
Q2 25
Q1 25
-0.08×
Q4 24
Q3 24
Q2 24
-2.96×
Q1 24
9.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FFWM
FFWM

Segment breakdown not available.

LAW
LAW

Software$35.1M85%
Services$6.0M15%

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