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

NewtekOne, Inc. is the larger business by last-quarter revenue ($73.3M vs $41.2M, roughly 1.8× CS Disco, Inc.). NewtekOne, Inc. runs the higher net margin — 111.8% vs -20.7%, a 132.4% gap on every dollar of revenue. On growth, CS Disco, Inc. posted the faster year-over-year revenue change (11.3% vs -2.7%). CS Disco, Inc. produced more free cash flow last quarter ($255.0K vs $-579.3M). Over the past eight quarters, NewtekOne, Inc.'s revenue compounded faster (12.2% CAGR vs 7.6%).

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.

NewTek, Inc., is a hardware and software company, based in San Antonio, Texas, that produced live and post-production video tools and visual imaging software for personal computers. The company was founded in 1985 in Topeka, Kansas, United States, by Tim Jenison and Paul Montgomery. On April 1, 2019, it was announced that NewTek would be acquired by Vizrt.

LAW vs NEWT — Head-to-Head

Bigger by revenue
NEWT
NEWT
1.8× larger
NEWT
$73.3M
$41.2M
LAW
Growing faster (revenue YoY)
LAW
LAW
+14.0% gap
LAW
11.3%
-2.7%
NEWT
Higher net margin
NEWT
NEWT
132.4% more per $
NEWT
111.8%
-20.7%
LAW
More free cash flow
LAW
LAW
$579.6M more FCF
LAW
$255.0K
$-579.3M
NEWT
Faster 2-yr revenue CAGR
NEWT
NEWT
Annualised
NEWT
12.2%
7.6%
LAW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LAW
LAW
NEWT
NEWT
Revenue
$41.2M
$73.3M
Net Profit
$-8.5M
$19.5M
Gross Margin
75.1%
Operating Margin
-22.4%
Net Margin
-20.7%
111.8%
Revenue YoY
11.3%
-2.7%
Net Profit YoY
66.3%
6.6%
EPS (diluted)
$-0.13
$0.64

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
LAW
LAW
NEWT
NEWT
Q4 25
$41.2M
$73.3M
Q3 25
$40.9M
$74.9M
Q2 25
$38.1M
$70.2M
Q1 25
$36.7M
$66.3M
Q4 24
$37.0M
$75.4M
Q3 24
$36.3M
$62.8M
Q2 24
$36.0M
$61.1M
Q1 24
$35.6M
$58.3M
Net Profit
LAW
LAW
NEWT
NEWT
Q4 25
$-8.5M
$19.5M
Q3 25
$-13.7M
$17.9M
Q2 25
$-10.8M
$13.7M
Q1 25
$-11.4M
$9.4M
Q4 24
$-25.2M
$18.3M
Q3 24
$-9.2M
$11.9M
Q2 24
$-10.8M
$10.9M
Q1 24
$-10.6M
$9.7M
Gross Margin
LAW
LAW
NEWT
NEWT
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
LAW
LAW
NEWT
NEWT
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%
Net Margin
LAW
LAW
NEWT
NEWT
Q4 25
-20.7%
111.8%
Q3 25
-33.4%
23.9%
Q2 25
-28.4%
19.5%
Q1 25
-31.1%
14.1%
Q4 24
-68.1%
24.3%
Q3 24
-25.3%
19.0%
Q2 24
-30.1%
17.9%
Q1 24
-29.7%
16.6%
EPS (diluted)
LAW
LAW
NEWT
NEWT
Q4 25
$-0.13
$0.64
Q3 25
$-0.22
$0.67
Q2 25
$-0.18
$0.52
Q1 25
$-0.19
$0.35
Q4 24
$-0.43
$0.70
Q3 24
$-0.15
$0.45
Q2 24
$-0.18
$0.43
Q1 24
$-0.17
$0.38

Balance Sheet & Financial Strength

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

Metric
LAW
LAW
NEWT
NEWT
Cash + ST InvestmentsLiquidity on hand
$114.6M
Total DebtLower is stronger
$819.9M
Stockholders' EquityBook value
$128.1M
$397.6M
Total Assets
$173.6M
$2.7B
Debt / EquityLower = less leverage
2.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LAW
LAW
NEWT
NEWT
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
LAW
LAW
NEWT
NEWT
Q4 25
$819.9M
Q3 25
$748.5M
Q2 25
$657.3M
Q1 25
$774.0M
Q4 24
$708.0M
Q3 24
$655.8M
Q2 24
$652.0M
Q1 24
$662.5M
Stockholders' Equity
LAW
LAW
NEWT
NEWT
Q4 25
$128.1M
$397.6M
Q3 25
$130.6M
$386.7M
Q2 25
$137.9M
$312.2M
Q1 25
$142.2M
$302.3M
Q4 24
$147.5M
$296.3M
Q3 24
$167.3M
$281.8M
Q2 24
$170.9M
$274.0M
Q1 24
$193.2M
$254.1M
Total Assets
LAW
LAW
NEWT
NEWT
Q4 25
$173.6M
$2.7B
Q3 25
$174.8M
$2.4B
Q2 25
$164.9M
$2.1B
Q1 25
$168.0M
$2.1B
Q4 24
$180.3M
$2.1B
Q3 24
$194.4M
$1.7B
Q2 24
$198.0M
$1.6B
Q1 24
$217.3M
$1.5B
Debt / Equity
LAW
LAW
NEWT
NEWT
Q4 25
2.06×
Q3 25
1.94×
Q2 25
2.11×
Q1 25
2.56×
Q4 24
2.39×
Q3 24
2.33×
Q2 24
2.38×
Q1 24
2.61×

Cash Flow & Capital Efficiency

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

Metric
LAW
LAW
NEWT
NEWT
Operating Cash FlowLast quarter
$762.0K
$-579.2M
Free Cash FlowOCF − Capex
$255.0K
$-579.3M
FCF MarginFCF / Revenue
0.6%
-790.0%
Capex IntensityCapex / Revenue
1.2%
0.1%
Cash ConversionOCF / Net Profit
-29.64×
TTM Free Cash FlowTrailing 4 quarters
$-18.0M
$-1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LAW
LAW
NEWT
NEWT
Q4 25
$762.0K
$-579.2M
Q3 25
$-979.0K
$-167.3M
Q2 25
$-4.2M
$-199.8M
Q1 25
$-10.5M
$-60.7M
Q4 24
$2.1M
$-153.0M
Q3 24
$-2.9M
$-25.7M
Q2 24
$-650.0K
$2.9M
Q1 24
$-7.3M
$-38.7M
Free Cash Flow
LAW
LAW
NEWT
NEWT
Q4 25
$255.0K
$-579.3M
Q3 25
$-2.0M
$-167.3M
Q2 25
$-5.2M
$-199.9M
Q1 25
$-11.0M
$-60.7M
Q4 24
$1.5M
$-153.5M
Q3 24
$-3.7M
$-25.9M
Q2 24
$-1.3M
$2.9M
Q1 24
$-8.0M
$-38.7M
FCF Margin
LAW
LAW
NEWT
NEWT
Q4 25
0.6%
-790.0%
Q3 25
-5.0%
-223.3%
Q2 25
-13.6%
-284.7%
Q1 25
-30.1%
-91.6%
Q4 24
4.1%
-203.6%
Q3 24
-10.3%
-41.2%
Q2 24
-3.6%
4.7%
Q1 24
-22.5%
-66.5%
Capex Intensity
LAW
LAW
NEWT
NEWT
Q4 25
1.2%
0.1%
Q3 25
2.6%
0.0%
Q2 25
2.5%
0.1%
Q1 25
1.4%
0.1%
Q4 24
1.5%
0.6%
Q3 24
2.4%
0.4%
Q2 24
1.8%
0.1%
Q1 24
1.9%
0.1%
Cash Conversion
LAW
LAW
NEWT
NEWT
Q4 25
-29.64×
Q3 25
-9.35×
Q2 25
-14.58×
Q1 25
-6.48×
Q4 24
-8.35×
Q3 24
-2.15×
Q2 24
0.27×
Q1 24
-4.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LAW
LAW

Software$35.1M85%
Services$6.0M15%

NEWT
NEWT

Segment breakdown not available.

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