vs

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

RING ENERGY, INC. is the larger business by last-quarter revenue ($66.9M vs $41.9M, roughly 1.6× CS Disco, Inc.). On growth, CS Disco, Inc. posted the faster year-over-year revenue change (14.3% vs -19.8%). Over the past eight quarters, CS Disco, Inc.'s revenue compounded faster (7.9% CAGR vs -15.9%).

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.

Siemens Energy AG is a German publicly traded energy corporation formed through the spin-off of the former Gas and Power division of Siemens, and it includes full ownership of Siemens Gamesa.

LAW vs REI — Head-to-Head

Bigger by revenue
REI
REI
1.6× larger
REI
$66.9M
$41.9M
LAW
Growing faster (revenue YoY)
LAW
LAW
+34.1% gap
LAW
14.3%
-19.8%
REI
Faster 2-yr revenue CAGR
LAW
LAW
Annualised
LAW
7.9%
-15.9%
REI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LAW
LAW
REI
REI
Revenue
$41.9M
$66.9M
Net Profit
$-9.6M
Gross Margin
74.2%
Operating Margin
1.7%
-37.6%
Net Margin
-23.0%
Revenue YoY
14.3%
-19.8%
Net Profit YoY
15.6%
EPS (diluted)
$-0.15
$-0.07

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
REI
REI
Q1 26
$41.9M
Q4 25
$41.2M
$66.9M
Q3 25
$40.9M
$78.6M
Q2 25
$38.1M
$82.6M
Q1 25
$36.7M
$79.1M
Q4 24
$37.0M
$83.4M
Q3 24
$36.3M
$89.2M
Q2 24
$36.0M
$99.1M
Net Profit
LAW
LAW
REI
REI
Q1 26
$-9.6M
Q4 25
$-8.5M
Q3 25
$-13.7M
$-51.6M
Q2 25
$-10.8M
$20.6M
Q1 25
$-11.4M
$9.1M
Q4 24
$-25.2M
Q3 24
$-9.2M
$33.9M
Q2 24
$-10.8M
$22.4M
Gross Margin
LAW
LAW
REI
REI
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
LAW
LAW
REI
REI
Q1 26
1.7%
Q4 25
-22.4%
-37.6%
Q3 25
-35.3%
-70.0%
Q2 25
-31.0%
28.4%
Q1 25
-34.4%
28.3%
Q4 24
-70.6%
28.3%
Q3 24
-30.0%
33.4%
Q2 24
-34.4%
42.2%
Net Margin
LAW
LAW
REI
REI
Q1 26
-23.0%
Q4 25
-20.7%
Q3 25
-33.4%
-65.7%
Q2 25
-28.4%
25.0%
Q1 25
-31.1%
11.5%
Q4 24
-68.1%
Q3 24
-25.3%
38.0%
Q2 24
-30.1%
22.6%
EPS (diluted)
LAW
LAW
REI
REI
Q1 26
$-0.15
Q4 25
$-0.13
$-0.07
Q3 25
$-0.22
$-0.25
Q2 25
$-0.18
$0.10
Q1 25
$-0.19
$0.05
Q4 24
$-0.43
$0.03
Q3 24
$-0.15
$0.17
Q2 24
$-0.18
$0.11

Balance Sheet & Financial Strength

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

Metric
LAW
LAW
REI
REI
Cash + ST InvestmentsLiquidity on hand
$103.0M
$902.9K
Total DebtLower is stronger
Stockholders' EquityBook value
$123.9M
$836.3M
Total Assets
$162.4M
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LAW
LAW
REI
REI
Q1 26
$103.0M
Q4 25
$114.6M
$902.9K
Q3 25
$113.5M
$286.9K
Q2 25
$114.5M
Q1 25
$118.8M
$1.1M
Q4 24
$129.1M
$1.9M
Q3 24
$126.8M
Q2 24
$130.0M
$1.2M
Stockholders' Equity
LAW
LAW
REI
REI
Q1 26
$123.9M
Q4 25
$128.1M
$836.3M
Q3 25
$130.6M
$847.7M
Q2 25
$137.9M
$897.9M
Q1 25
$142.2M
$876.0M
Q4 24
$147.5M
$858.6M
Q3 24
$167.3M
$851.3M
Q2 24
$170.9M
$817.4M
Total Assets
LAW
LAW
REI
REI
Q1 26
$162.4M
Q4 25
$173.6M
$1.4B
Q3 25
$174.8M
$1.4B
Q2 25
$164.9M
$1.5B
Q1 25
$168.0M
$1.5B
Q4 24
$180.3M
$1.4B
Q3 24
$194.4M
$1.4B
Q2 24
$198.0M
$1.4B

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
REI
REI
Operating Cash FlowLast quarter
$-11.7M
$44.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LAW
LAW
REI
REI
Q1 26
$-11.7M
Q4 25
$762.0K
$44.7M
Q3 25
$-979.0K
$44.5M
Q2 25
$-4.2M
$33.3M
Q1 25
$-10.5M
$28.4M
Q4 24
$2.1M
$47.3M
Q3 24
$-2.9M
$51.3M
Q2 24
$-650.0K
$50.6M
Free Cash Flow
LAW
LAW
REI
REI
Q1 26
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
FCF Margin
LAW
LAW
REI
REI
Q1 26
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%
Capex Intensity
LAW
LAW
REI
REI
Q1 26
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%
Cash Conversion
LAW
LAW
REI
REI
Q1 26
Q4 25
Q3 25
Q2 25
1.61×
Q1 25
3.11×
Q4 24
Q3 24
1.52×
Q2 24
2.26×

Financial Flow Comparison

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

Related Comparisons