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Side-by-side financial comparison of CS Disco, Inc. (LAW) and Neuronetics, Inc. (STIM). Click either name above to swap in a different company.
Neuronetics, Inc. is the larger business by last-quarter revenue ($41.8M vs $41.2M, roughly 1.0× CS Disco, Inc.). Neuronetics, Inc. runs the higher net margin — -17.2% vs -20.7%, a 3.4% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 11.3%). Neuronetics, Inc. produced more free cash flow last quarter ($692.0K vs $255.0K). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% 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.
Neuronetics is a Malvern, PA based, publicly traded company incorporated in Delaware in April 2003, that develops non-invasive treatments for psychiatric disorders that have shown resistance or lack of improvement using traditional medicine. The treatments are based upon neuromodulation technology.
LAW vs STIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $41.2M | $41.8M |
| Net Profit | $-8.5M | $-7.2M |
| Gross Margin | 75.1% | 52.0% |
| Operating Margin | -22.4% | -12.1% |
| Net Margin | -20.7% | -17.2% |
| Revenue YoY | 11.3% | 85.7% |
| Net Profit YoY | 66.3% | 43.2% |
| EPS (diluted) | $-0.13 | $-0.10 |
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 | $41.2M | $41.8M | ||
| Q3 25 | $40.9M | $37.3M | ||
| Q2 25 | $38.1M | $38.1M | ||
| Q1 25 | $36.7M | $32.0M | ||
| Q4 24 | $37.0M | $22.5M | ||
| Q3 24 | $36.3M | $18.5M | ||
| Q2 24 | $36.0M | $16.4M | ||
| Q1 24 | $35.6M | $17.4M |
| Q4 25 | $-8.5M | $-7.2M | ||
| Q3 25 | $-13.7M | $-9.0M | ||
| Q2 25 | $-10.8M | $-10.1M | ||
| Q1 25 | $-11.4M | $-12.7M | ||
| Q4 24 | $-25.2M | $-12.7M | ||
| Q3 24 | $-9.2M | $-13.3M | ||
| Q2 24 | $-10.8M | $-9.8M | ||
| Q1 24 | $-10.6M | $-7.9M |
| Q4 25 | 75.1% | 52.0% | ||
| Q3 25 | 75.5% | 45.9% | ||
| Q2 25 | 74.6% | 46.6% | ||
| Q1 25 | 74.1% | 49.2% | ||
| Q4 24 | 74.2% | 66.2% | ||
| Q3 24 | 73.1% | 75.6% | ||
| Q2 24 | 74.2% | 74.0% | ||
| Q1 24 | 75.1% | 75.1% |
| Q4 25 | -22.4% | -12.1% | ||
| Q3 25 | -35.3% | -19.6% | ||
| Q2 25 | -31.0% | -21.1% | ||
| Q1 25 | -34.4% | -34.4% | ||
| Q4 24 | -70.6% | -51.0% | ||
| Q3 24 | -30.0% | -41.7% | ||
| Q2 24 | -34.4% | -51.7% | ||
| Q1 24 | -34.7% | -39.4% |
| Q4 25 | -20.7% | -17.2% | ||
| Q3 25 | -33.4% | -24.3% | ||
| Q2 25 | -28.4% | -26.6% | ||
| Q1 25 | -31.1% | -39.6% | ||
| Q4 24 | -68.1% | -56.4% | ||
| Q3 24 | -25.3% | -72.0% | ||
| Q2 24 | -30.1% | -59.8% | ||
| Q1 24 | -29.7% | -45.2% |
| Q4 25 | $-0.13 | $-0.10 | ||
| Q3 25 | $-0.22 | $-0.13 | ||
| Q2 25 | $-0.18 | $-0.15 | ||
| Q1 25 | $-0.19 | $-0.21 | ||
| Q4 24 | $-0.43 | $-0.34 | ||
| Q3 24 | $-0.15 | $-0.44 | ||
| Q2 24 | $-0.18 | $-0.33 | ||
| Q1 24 | $-0.17 | $-0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $114.6M | $28.1M |
| Total DebtLower is stronger | — | $65.8M |
| Stockholders' EquityBook value | $128.1M | $22.4M |
| Total Assets | $173.6M | $141.6M |
| Debt / EquityLower = less leverage | — | 2.94× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $114.6M | $28.1M | ||
| Q3 25 | $113.5M | $28.0M | ||
| Q2 25 | $114.5M | $11.0M | ||
| Q1 25 | $118.8M | $20.2M | ||
| Q4 24 | $129.1M | $18.5M | ||
| Q3 24 | $126.8M | $20.9M | ||
| Q2 24 | $130.0M | $42.6M | ||
| Q1 24 | $148.7M | $47.7M |
| Q4 25 | — | $65.8M | ||
| Q3 25 | — | $65.7M | ||
| Q2 25 | — | $55.5M | ||
| Q1 25 | — | $55.3M | ||
| Q4 24 | — | $55.2M | ||
| Q3 24 | — | $46.0M | ||
| Q2 24 | — | $59.8M | ||
| Q1 24 | — | $59.4M |
| Q4 25 | $128.1M | $22.4M | ||
| Q3 25 | $130.6M | $27.4M | ||
| Q2 25 | $137.9M | $27.1M | ||
| Q1 25 | $142.2M | $35.5M | ||
| Q4 24 | $147.5M | $27.7M | ||
| Q3 24 | $167.3M | $9.4M | ||
| Q2 24 | $170.9M | $19.4M | ||
| Q1 24 | $193.2M | $27.7M |
| Q4 25 | $173.6M | $141.6M | ||
| Q3 25 | $174.8M | $145.5M | ||
| Q2 25 | $164.9M | $134.7M | ||
| Q1 25 | $168.0M | $142.0M | ||
| Q4 24 | $180.3M | $140.9M | ||
| Q3 24 | $194.4M | — | ||
| Q2 24 | $198.0M | $96.8M | ||
| Q1 24 | $217.3M | $103.8M |
| Q4 25 | — | 2.94× | ||
| Q3 25 | — | 2.40× | ||
| Q2 25 | — | 2.05× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.99× | ||
| Q3 24 | — | 4.90× | ||
| Q2 24 | — | 3.08× | ||
| Q1 24 | — | 2.15× |
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 | $762.0K | $908.0K |
| Free Cash FlowOCF − Capex | $255.0K | $692.0K |
| FCF MarginFCF / Revenue | 0.6% | 1.7% |
| Capex IntensityCapex / Revenue | 1.2% | 0.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-18.0M | $-21.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $762.0K | $908.0K | ||
| Q3 25 | $-979.0K | $-785.0K | ||
| Q2 25 | $-4.2M | $-3.5M | ||
| Q1 25 | $-10.5M | $-17.0M | ||
| Q4 24 | $2.1M | $-8.6M | ||
| Q3 24 | $-2.9M | $-5.4M | ||
| Q2 24 | $-650.0K | $-5.0M | ||
| Q1 24 | $-7.3M | $-12.0M |
| Q4 25 | $255.0K | $692.0K | ||
| Q3 25 | $-2.0M | $-899.0K | ||
| Q2 25 | $-5.2M | $-3.8M | ||
| Q1 25 | $-11.0M | $-17.2M | ||
| Q4 24 | $1.5M | $-8.7M | ||
| Q3 24 | $-3.7M | $-5.8M | ||
| Q2 24 | $-1.3M | $-5.6M | ||
| Q1 24 | $-8.0M | $-12.4M |
| Q4 25 | 0.6% | 1.7% | ||
| Q3 25 | -5.0% | -2.4% | ||
| Q2 25 | -13.6% | -9.9% | ||
| Q1 25 | -30.1% | -53.8% | ||
| Q4 24 | 4.1% | -38.6% | ||
| Q3 24 | -10.3% | -31.3% | ||
| Q2 24 | -3.6% | -34.0% | ||
| Q1 24 | -22.5% | -71.1% |
| Q4 25 | 1.2% | 0.5% | ||
| Q3 25 | 2.6% | 0.3% | ||
| Q2 25 | 2.5% | 0.7% | ||
| Q1 25 | 1.4% | 0.7% | ||
| Q4 24 | 1.5% | 0.4% | ||
| Q3 24 | 2.4% | 2.1% | ||
| Q2 24 | 1.8% | 3.7% | ||
| Q1 24 | 1.9% | 2.2% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LAW
| Software | $35.1M | 85% |
| Services | $6.0M | 15% |
STIM
Segment breakdown not available.
