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Side-by-side financial comparison of First Bancorp, Inc (FNLC) 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 $25.8M, roughly 1.6× First Bancorp, Inc). First Bancorp, Inc runs the higher net margin — 39.4% vs -20.7%, a 60.0% gap on every dollar of revenue. On growth, First Bancorp, Inc posted the faster year-over-year revenue change (17.5% vs 11.3%). First Bancorp, Inc produced more free cash flow last quarter ($34.6M vs $255.0K). Over the past eight quarters, First Bancorp, Inc's revenue compounded faster (18.1% CAGR vs 7.6%).

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

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.

FNLC vs LAW — Head-to-Head

Bigger by revenue
LAW
LAW
1.6× larger
LAW
$41.2M
$25.8M
FNLC
Growing faster (revenue YoY)
FNLC
FNLC
+6.3% gap
FNLC
17.5%
11.3%
LAW
Higher net margin
FNLC
FNLC
60.0% more per $
FNLC
39.4%
-20.7%
LAW
More free cash flow
FNLC
FNLC
$34.3M more FCF
FNLC
$34.6M
$255.0K
LAW
Faster 2-yr revenue CAGR
FNLC
FNLC
Annualised
FNLC
18.1%
7.6%
LAW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FNLC
FNLC
LAW
LAW
Revenue
$25.8M
$41.2M
Net Profit
$10.2M
$-8.5M
Gross Margin
75.1%
Operating Margin
48.1%
-22.4%
Net Margin
39.4%
-20.7%
Revenue YoY
17.5%
11.3%
Net Profit YoY
39.7%
66.3%
EPS (diluted)
$0.91
$-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
FNLC
FNLC
LAW
LAW
Q4 25
$25.8M
$41.2M
Q3 25
$24.5M
$40.9M
Q2 25
$22.5M
$38.1M
Q1 25
$21.8M
$36.7M
Q4 24
$22.0M
$37.0M
Q3 24
$20.5M
$36.3M
Q2 24
$19.2M
$36.0M
Q1 24
$18.5M
$35.6M
Net Profit
FNLC
FNLC
LAW
LAW
Q4 25
$10.2M
$-8.5M
Q3 25
$9.1M
$-13.7M
Q2 25
$8.1M
$-10.8M
Q1 25
$7.1M
$-11.4M
Q4 24
$7.3M
$-25.2M
Q3 24
$7.6M
$-9.2M
Q2 24
$6.2M
$-10.8M
Q1 24
$6.0M
$-10.6M
Gross Margin
FNLC
FNLC
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
FNLC
FNLC
LAW
LAW
Q4 25
48.1%
-22.4%
Q3 25
45.2%
-35.3%
Q2 25
43.7%
-31.0%
Q1 25
39.3%
-34.4%
Q4 24
39.5%
-70.6%
Q3 24
44.6%
-30.0%
Q2 24
38.8%
-34.4%
Q1 24
39.3%
-34.7%
Net Margin
FNLC
FNLC
LAW
LAW
Q4 25
39.4%
-20.7%
Q3 25
37.0%
-33.4%
Q2 25
35.8%
-28.4%
Q1 25
32.5%
-31.1%
Q4 24
33.1%
-68.1%
Q3 24
36.9%
-25.3%
Q2 24
32.1%
-30.1%
Q1 24
32.5%
-29.7%
EPS (diluted)
FNLC
FNLC
LAW
LAW
Q4 25
$0.91
$-0.13
Q3 25
$0.81
$-0.22
Q2 25
$0.72
$-0.18
Q1 25
$0.63
$-0.19
Q4 24
$0.66
$-0.43
Q3 24
$0.68
$-0.15
Q2 24
$0.55
$-0.18
Q1 24
$0.54
$-0.17

Balance Sheet & Financial Strength

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

Metric
FNLC
FNLC
LAW
LAW
Cash + ST InvestmentsLiquidity on hand
$114.6M
Total DebtLower is stronger
$95.5M
Stockholders' EquityBook value
$283.1M
$128.1M
Total Assets
$3.2B
$173.6M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FNLC
FNLC
LAW
LAW
Q4 25
$114.6M
Q3 25
$113.5M
Q2 25
$114.5M
Q1 25
$118.8M
Q4 24
$129.1M
Q3 24
$126.8M
Q2 24
$130.0M
Q1 24
$148.7M
Total Debt
FNLC
FNLC
LAW
LAW
Q4 25
$95.5M
Q3 25
$95.5M
Q2 25
$95.0M
Q1 25
$70.0M
Q4 24
$95.0M
Q3 24
$95.0M
Q2 24
$70.0M
Q1 24
$70.0M
Stockholders' Equity
FNLC
FNLC
LAW
LAW
Q4 25
$283.1M
$128.1M
Q3 25
$274.6M
$130.6M
Q2 25
$265.5M
$137.9M
Q1 25
$259.7M
$142.2M
Q4 24
$252.5M
$147.5M
Q3 24
$256.8M
$167.3M
Q2 24
$244.7M
$170.9M
Q1 24
$242.6M
$193.2M
Total Assets
FNLC
FNLC
LAW
LAW
Q4 25
$3.2B
$173.6M
Q3 25
$3.2B
$174.8M
Q2 25
$3.2B
$164.9M
Q1 25
$3.2B
$168.0M
Q4 24
$3.2B
$180.3M
Q3 24
$3.1B
$194.4M
Q2 24
$3.1B
$198.0M
Q1 24
$3.0B
$217.3M
Debt / Equity
FNLC
FNLC
LAW
LAW
Q4 25
0.34×
Q3 25
0.35×
Q2 25
0.36×
Q1 25
0.27×
Q4 24
0.38×
Q3 24
0.37×
Q2 24
0.29×
Q1 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
FNLC
FNLC
LAW
LAW
Operating Cash FlowLast quarter
$37.8M
$762.0K
Free Cash FlowOCF − Capex
$34.6M
$255.0K
FCF MarginFCF / Revenue
133.9%
0.6%
Capex IntensityCapex / Revenue
12.5%
1.2%
Cash ConversionOCF / Net Profit
3.72×
TTM Free Cash FlowTrailing 4 quarters
$55.3M
$-18.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNLC
FNLC
LAW
LAW
Q4 25
$37.8M
$762.0K
Q3 25
$12.9M
$-979.0K
Q2 25
$7.4M
$-4.2M
Q1 25
$2.2M
$-10.5M
Q4 24
$26.0M
$2.1M
Q3 24
$9.8M
$-2.9M
Q2 24
$6.4M
$-650.0K
Q1 24
$-1.5M
$-7.3M
Free Cash Flow
FNLC
FNLC
LAW
LAW
Q4 25
$34.6M
$255.0K
Q3 25
$12.6M
$-2.0M
Q2 25
$7.2M
$-5.2M
Q1 25
$828.0K
$-11.0M
Q4 24
$24.6M
$1.5M
Q3 24
$9.6M
$-3.7M
Q2 24
$6.3M
$-1.3M
Q1 24
$-1.8M
$-8.0M
FCF Margin
FNLC
FNLC
LAW
LAW
Q4 25
133.9%
0.6%
Q3 25
51.4%
-5.0%
Q2 25
32.1%
-13.6%
Q1 25
3.8%
-30.1%
Q4 24
111.7%
4.1%
Q3 24
47.0%
-10.3%
Q2 24
32.9%
-3.6%
Q1 24
-9.8%
-22.5%
Capex Intensity
FNLC
FNLC
LAW
LAW
Q4 25
12.5%
1.2%
Q3 25
1.2%
2.6%
Q2 25
0.6%
2.5%
Q1 25
6.2%
1.4%
Q4 24
6.7%
1.5%
Q3 24
0.5%
2.4%
Q2 24
0.3%
1.8%
Q1 24
1.8%
1.9%
Cash Conversion
FNLC
FNLC
LAW
LAW
Q4 25
3.72×
Q3 25
1.42×
Q2 25
0.91×
Q1 25
0.31×
Q4 24
3.58×
Q3 24
1.29×
Q2 24
1.03×
Q1 24
-0.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FNLC
FNLC

Segment breakdown not available.

LAW
LAW

Software$35.1M85%
Services$6.0M15%

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