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Side-by-side financial comparison of Invesco Mortgage Capital Inc. (IVR) 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 $21.3M, roughly 1.9× Invesco Mortgage Capital Inc.). Invesco Mortgage Capital Inc. runs the higher net margin — 242.2% vs -20.7%, a 262.9% gap on every dollar of revenue. On growth, Invesco Mortgage Capital Inc. posted the faster year-over-year revenue change (55.4% vs 11.3%). Over the past eight quarters, Invesco Mortgage Capital Inc.'s revenue compounded faster (74.2% CAGR vs 7.6%).
Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.
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.
IVR vs LAW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $21.3M | $41.2M |
| Net Profit | $51.5M | $-8.5M |
| Gross Margin | — | 75.1% |
| Operating Margin | — | -22.4% |
| Net Margin | 242.2% | -20.7% |
| Revenue YoY | 55.4% | 11.3% |
| Net Profit YoY | 1368.7% | 66.3% |
| EPS (diluted) | $0.72 | $-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 | $21.3M | $41.2M | ||
| Q3 25 | $17.6M | $40.9M | ||
| Q2 25 | $17.7M | $38.1M | ||
| Q1 25 | $18.8M | $36.7M | ||
| Q4 24 | $13.7M | $37.0M | ||
| Q3 24 | $7.5M | $36.3M | ||
| Q2 24 | $8.6M | $36.0M | ||
| Q1 24 | $7.0M | $35.6M |
| Q4 25 | $51.5M | $-8.5M | ||
| Q3 25 | $53.5M | $-13.7M | ||
| Q2 25 | $-23.3M | $-10.8M | ||
| Q1 25 | $19.6M | $-11.4M | ||
| Q4 24 | $3.5M | $-25.2M | ||
| Q3 24 | $40.7M | $-9.2M | ||
| Q2 24 | $-13.5M | $-10.8M | ||
| Q1 24 | $29.1M | $-10.6M |
| 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% |
| 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 24 | — | -34.7% |
| Q4 25 | 242.2% | -20.7% | ||
| Q3 25 | 303.6% | -33.4% | ||
| Q2 25 | -131.6% | -28.4% | ||
| Q1 25 | 104.4% | -31.1% | ||
| Q4 24 | 25.6% | -68.1% | ||
| Q3 24 | 542.2% | -25.3% | ||
| Q2 24 | -155.9% | -30.1% | ||
| Q1 24 | 415.9% | -29.7% |
| Q4 25 | $0.72 | $-0.13 | ||
| Q3 25 | $0.74 | $-0.22 | ||
| Q2 25 | $-0.40 | $-0.18 | ||
| Q1 25 | $0.26 | $-0.19 | ||
| Q4 24 | $-0.09 | $-0.43 | ||
| Q3 24 | $0.63 | $-0.15 | ||
| Q2 24 | $-0.38 | $-0.18 | ||
| Q1 24 | $0.49 | $-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 | $56.0M | $114.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $797.5M | $128.1M |
| Total Assets | $6.5B | $173.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $56.0M | $114.6M | ||
| Q3 25 | $58.5M | $113.5M | ||
| Q2 25 | $59.4M | $114.5M | ||
| Q1 25 | $42.9M | $118.8M | ||
| Q4 24 | $73.4M | $129.1M | ||
| Q3 24 | $48.3M | $126.8M | ||
| Q2 24 | $58.8M | $130.0M | ||
| Q1 24 | $59.9M | $148.7M |
| Q4 25 | $797.5M | $128.1M | ||
| Q3 25 | $769.6M | $130.6M | ||
| Q2 25 | $709.4M | $137.9M | ||
| Q1 25 | $759.2M | $142.2M | ||
| Q4 24 | $730.7M | $147.5M | ||
| Q3 24 | $857.0M | $167.3M | ||
| Q2 24 | $759.2M | $170.9M | ||
| Q1 24 | $785.6M | $193.2M |
| Q4 25 | $6.5B | $173.6M | ||
| Q3 25 | $6.0B | $174.8M | ||
| Q2 25 | $5.4B | $164.9M | ||
| Q1 25 | $6.2B | $168.0M | ||
| Q4 24 | $5.7B | $180.3M | ||
| Q3 24 | $6.1B | $194.4M | ||
| Q2 24 | $5.1B | $198.0M | ||
| Q1 24 | $5.2B | $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 | $157.1M | $762.0K |
| Free Cash FlowOCF − Capex | — | $255.0K |
| FCF MarginFCF / Revenue | — | 0.6% |
| Capex IntensityCapex / Revenue | — | 1.2% |
| Cash ConversionOCF / Net Profit | 3.05× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-18.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $157.1M | $762.0K | ||
| Q3 25 | $37.3M | $-979.0K | ||
| Q2 25 | $40.6M | $-4.2M | ||
| Q1 25 | $19.3M | $-10.5M | ||
| Q4 24 | $183.2M | $2.1M | ||
| Q3 24 | $30.8M | $-2.9M | ||
| Q2 24 | $33.0M | $-650.0K | ||
| Q1 24 | $57.5M | $-7.3M |
| 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 24 | — | $-8.0M |
| 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 24 | — | -22.5% |
| 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 24 | — | 1.9% |
| Q4 25 | 3.05× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 52.24× | — | ||
| Q3 24 | 0.76× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.97× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IVR
Segment breakdown not available.
LAW
| Software | $35.1M | 85% |
| Services | $6.0M | 15% |