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Side-by-side financial comparison of FIRST NATIONAL CORP (FXNC) 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 ($41.9M vs $24.0M, roughly 1.7× FIRST NATIONAL CORP). FIRST NATIONAL CORP runs the higher net margin — 23.0% vs -23.0%, a 45.9% gap on every dollar of revenue. On growth, CS Disco, Inc. posted the faster year-over-year revenue change (14.3% vs -3.4%). Over the past eight quarters, FIRST NATIONAL CORP's revenue compounded faster (26.8% CAGR vs 7.9%).

VA Tech Wabag Ltd. is an Indian multinational company focussed on desalination and water treatment for municipal and industrial users. Founded in Breslau in 1924, the company is headquartered in Chennai.

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.

FXNC vs LAW — Head-to-Head

Bigger by revenue
LAW
LAW
1.7× larger
LAW
$41.9M
$24.0M
FXNC
Growing faster (revenue YoY)
LAW
LAW
+17.6% gap
LAW
14.3%
-3.4%
FXNC
Higher net margin
FXNC
FXNC
45.9% more per $
FXNC
23.0%
-23.0%
LAW
Faster 2-yr revenue CAGR
FXNC
FXNC
Annualised
FXNC
26.8%
7.9%
LAW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FXNC
FXNC
LAW
LAW
Revenue
$24.0M
$41.9M
Net Profit
$5.5M
$-9.6M
Gross Margin
74.2%
Operating Margin
28.8%
1.7%
Net Margin
23.0%
-23.0%
Revenue YoY
-3.4%
14.3%
Net Profit YoY
689.9%
15.6%
EPS (diluted)
$0.60
$-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.

Revenue
FXNC
FXNC
LAW
LAW
Q1 26
$41.9M
Q4 25
$24.0M
$41.2M
Q3 25
$22.8M
$40.9M
Q2 25
$22.4M
$38.1M
Q1 25
$21.1M
$36.7M
Q4 24
$24.8M
$37.0M
Q3 24
$15.0M
$36.3M
Q2 24
$14.2M
$36.0M
Net Profit
FXNC
FXNC
LAW
LAW
Q1 26
$-9.6M
Q4 25
$5.5M
$-8.5M
Q3 25
$5.5M
$-13.7M
Q2 25
$5.1M
$-10.8M
Q1 25
$1.6M
$-11.4M
Q4 24
$-933.0K
$-25.2M
Q3 24
$2.2M
$-9.2M
Q2 24
$2.4M
$-10.8M
Gross Margin
FXNC
FXNC
LAW
LAW
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%
Operating Margin
FXNC
FXNC
LAW
LAW
Q1 26
1.7%
Q4 25
28.8%
-22.4%
Q3 25
29.9%
-35.3%
Q2 25
28.2%
-31.0%
Q1 25
9.0%
-34.4%
Q4 24
-29.0%
-70.6%
Q3 24
18.7%
-30.0%
Q2 24
22.0%
-34.4%
Net Margin
FXNC
FXNC
LAW
LAW
Q1 26
-23.0%
Q4 25
23.0%
-20.7%
Q3 25
24.3%
-33.4%
Q2 25
22.5%
-28.4%
Q1 25
7.6%
-31.1%
Q4 24
-14.4%
-68.1%
Q3 24
15.0%
-25.3%
Q2 24
17.2%
-30.1%
EPS (diluted)
FXNC
FXNC
LAW
LAW
Q1 26
$-0.15
Q4 25
$0.60
$-0.13
Q3 25
$0.62
$-0.22
Q2 25
$0.56
$-0.18
Q1 25
$0.18
$-0.19
Q4 24
$-0.26
$-0.43
Q3 24
$0.36
$-0.15
Q2 24
$0.39
$-0.18

Balance Sheet & Financial Strength

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

Metric
FXNC
FXNC
LAW
LAW
Cash + ST InvestmentsLiquidity on hand
$160.9M
$103.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$186.2M
$123.9M
Total Assets
$2.0B
$162.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FXNC
FXNC
LAW
LAW
Q1 26
$103.0M
Q4 25
$160.9M
$114.6M
Q3 25
$189.3M
$113.5M
Q2 25
$194.3M
$114.5M
Q1 25
$206.0M
$118.8M
Q4 24
$162.9M
$129.1M
Q3 24
$126.5M
$126.8M
Q2 24
$135.6M
$130.0M
Stockholders' Equity
FXNC
FXNC
LAW
LAW
Q1 26
$123.9M
Q4 25
$186.2M
$128.1M
Q3 25
$181.2M
$130.6M
Q2 25
$173.5M
$137.9M
Q1 25
$168.7M
$142.2M
Q4 24
$166.5M
$147.5M
Q3 24
$125.1M
$167.3M
Q2 24
$119.9M
$170.9M
Total Assets
FXNC
FXNC
LAW
LAW
Q1 26
$162.4M
Q4 25
$2.0B
$173.6M
Q3 25
$2.0B
$174.8M
Q2 25
$2.0B
$164.9M
Q1 25
$2.0B
$168.0M
Q4 24
$2.0B
$180.3M
Q3 24
$1.5B
$194.4M
Q2 24
$1.5B
$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
FXNC
FXNC
LAW
LAW
Operating Cash FlowLast quarter
$25.1M
$-11.7M
Free Cash FlowOCF − Capex
$20.9M
FCF MarginFCF / Revenue
87.3%
Capex IntensityCapex / Revenue
17.4%
Cash ConversionOCF / Net Profit
4.56×
TTM Free Cash FlowTrailing 4 quarters
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FXNC
FXNC
LAW
LAW
Q1 26
$-11.7M
Q4 25
$25.1M
$762.0K
Q3 25
$8.4M
$-979.0K
Q2 25
$4.7M
$-4.2M
Q1 25
$3.5M
$-10.5M
Q4 24
$-22.2M
$2.1M
Q3 24
$6.1M
$-2.9M
Q2 24
$3.6M
$-650.0K
Free Cash Flow
FXNC
FXNC
LAW
LAW
Q1 26
Q4 25
$20.9M
$255.0K
Q3 25
$6.8M
$-2.0M
Q2 25
$4.1M
$-5.2M
Q1 25
$3.0M
$-11.0M
Q4 24
$-25.5M
$1.5M
Q3 24
$4.9M
$-3.7M
Q2 24
$3.0M
$-1.3M
FCF Margin
FXNC
FXNC
LAW
LAW
Q1 26
Q4 25
87.3%
0.6%
Q3 25
30.0%
-5.0%
Q2 25
18.3%
-13.6%
Q1 25
14.5%
-30.1%
Q4 24
-102.8%
4.1%
Q3 24
33.0%
-10.3%
Q2 24
21.0%
-3.6%
Capex Intensity
FXNC
FXNC
LAW
LAW
Q1 26
Q4 25
17.4%
1.2%
Q3 25
7.0%
2.6%
Q2 25
2.6%
2.5%
Q1 25
2.3%
1.4%
Q4 24
13.3%
1.5%
Q3 24
8.1%
2.4%
Q2 24
4.6%
1.8%
Cash Conversion
FXNC
FXNC
LAW
LAW
Q1 26
Q4 25
4.56×
Q3 25
1.52×
Q2 25
0.93×
Q1 25
2.21×
Q4 24
Q3 24
2.73×
Q2 24
1.49×

Financial Flow Comparison

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

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