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CS Disco, Inc.（LAW）与READING INTERNATIONAL INC（RDI）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是CS Disco, Inc.的1.2倍（$50.3M vs $41.2M），READING INTERNATIONAL INC净利率更高（-5.1% vs -20.7%，领先15.6%），CS Disco, Inc.同比增速更快（11.3% vs -14.2%），READING INTERNATIONAL INC自由现金流更多（$4.1M vs $255.0K），过去两年CS Disco, Inc.的营收复合增速更高（7.6% vs 5.6%）
CS Disco, Inc.是一家领先的法律科技企业，开发面向法律从业者的云原生软件产品，涵盖电子取证、文档审核、案件管理及法律工作流自动化等工具，服务客户包括律师事务所、企业法务部门及政府法律机构。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
LAW vs RDI — 直观对比
营收规模更大
RDI
是对方的1.2倍
$41.2M
营收增速更快
LAW
高出25.5%
-14.2%
净利率更高
RDI
高出15.6%
-20.7%
自由现金流更多
RDI
多$3.9M
$255.0K
两年增速更快
LAW
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $41.2M | $50.3M |
| 净利润 | $-8.5M | $-2.6M |
| 毛利率 | 75.1% | — |
| 营业利润率 | -22.4% | -1.9% |
| 净利率 | -20.7% | -5.1% |
| 营收同比 | 11.3% | -14.2% |
| 净利润同比 | 66.3% | -14.5% |
| 每股收益（稀释后） | $-0.13 | $-0.11 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LAWRDI
| Q4 25 | $41.2M | $50.3M | ||
| Q3 25 | $40.9M | $52.2M | ||
| Q2 25 | $38.1M | $60.4M | ||
| Q1 25 | $36.7M | $40.2M | ||
| Q4 24 | $37.0M | $58.6M | ||
| Q3 24 | $36.3M | $60.1M | ||
| Q2 24 | $36.0M | $46.8M | ||
| Q1 24 | $35.6M | $45.1M |
净利润LAWRDI
| Q4 25 | $-8.5M | $-2.6M | ||
| Q3 25 | $-13.7M | $-4.2M | ||
| Q2 25 | $-10.8M | $-2.7M | ||
| Q1 25 | $-11.4M | $-4.8M | ||
| Q4 24 | $-25.2M | $-2.2M | ||
| Q3 24 | $-9.2M | $-7.0M | ||
| Q2 24 | $-10.8M | $-12.8M | ||
| Q1 24 | $-10.6M | $-13.2M |
毛利率LAWRDI
| 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% | — |
营业利润率LAWRDI
| Q4 25 | -22.4% | -1.9% | ||
| Q3 25 | -35.3% | -0.6% | ||
| Q2 25 | -31.0% | 4.8% | ||
| Q1 25 | -34.4% | -17.2% | ||
| Q4 24 | -70.6% | 2.6% | ||
| Q3 24 | -30.0% | -0.6% | ||
| Q2 24 | -34.4% | -16.4% | ||
| Q1 24 | -34.7% | -16.7% |
净利率LAWRDI
| Q4 25 | -20.7% | -5.1% | ||
| Q3 25 | -33.4% | -8.0% | ||
| Q2 25 | -28.4% | -4.4% | ||
| Q1 25 | -31.1% | -11.8% | ||
| Q4 24 | -68.1% | -3.8% | ||
| Q3 24 | -25.3% | -11.7% | ||
| Q2 24 | -30.1% | -27.4% | ||
| Q1 24 | -29.7% | -29.4% |
每股收益（稀释后）LAWRDI
| Q4 25 | $-0.13 | $-0.11 | ||
| Q3 25 | $-0.22 | $-0.18 | ||
| Q2 25 | $-0.18 | $-0.12 | ||
| Q1 25 | $-0.19 | $-0.21 | ||
| Q4 24 | $-0.43 | $-0.11 | ||
| Q3 24 | $-0.15 | $-0.31 | ||
| Q2 24 | $-0.18 | $-0.57 | ||
| Q1 24 | $-0.17 | $-0.59 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $114.6M | $10.5M |
| 总债务越低越好 | — | $185.1M |
| 股东权益账面价值 | $128.1M | $-18.2M |
| 总资产 | $173.6M | $434.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LAWRDI
| Q4 25 | $114.6M | $10.5M | ||
| Q3 25 | $113.5M | $8.1M | ||
| Q2 25 | $114.5M | $9.1M | ||
| Q1 25 | $118.8M | $5.9M | ||
| Q4 24 | $129.1M | $12.4M | ||
| Q3 24 | $126.8M | $10.1M | ||
| Q2 24 | $130.0M | $9.3M | ||
| Q1 24 | $148.7M | $7.5M |
总债务LAWRDI
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益LAWRDI
| Q4 25 | $128.1M | $-18.2M | ||
| Q3 25 | $130.6M | $-12.1M | ||
| Q2 25 | $137.9M | $-7.7M | ||
| Q1 25 | $142.2M | $-8.1M | ||
| Q4 24 | $147.5M | $-4.4M | ||
| Q3 24 | $167.3M | $1.6M | ||
| Q2 24 | $170.9M | $6.5M | ||
| Q1 24 | $193.2M | $18.0M |
总资产LAWRDI
| Q4 25 | $173.6M | $434.9M | ||
| Q3 25 | $174.8M | $435.2M | ||
| Q2 25 | $164.9M | $438.1M | ||
| Q1 25 | $168.0M | $441.0M | ||
| Q4 24 | $180.3M | $471.0M | ||
| Q3 24 | $194.4M | $495.7M | ||
| Q2 24 | $198.0M | $494.9M | ||
| Q1 24 | $217.3M | $494.9M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $762.0K | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $255.0K | $4.1M |
| 自由现金流率自由现金流/营收 | 0.6% | 8.2% |
| 资本支出强度资本支出/营收 | 1.2% | 0.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-18.0M | $-2.9M |
8季度趋势，按日历期对齐
经营现金流LAWRDI
| Q4 25 | $762.0K | $4.3M | ||
| Q3 25 | $-979.0K | $295.0K | ||
| Q2 25 | $-4.2M | $1.6M | ||
| Q1 25 | $-10.5M | $-7.7M | ||
| Q4 24 | $2.1M | $8.0M | ||
| Q3 24 | $-2.9M | $1.3M | ||
| Q2 24 | $-650.0K | $-10.4M | ||
| Q1 24 | $-7.3M | $-2.8M |
自由现金流LAWRDI
| Q4 25 | $255.0K | $4.1M | ||
| Q3 25 | $-2.0M | $-246.0K | ||
| Q2 25 | $-5.2M | $1.2M | ||
| Q1 25 | $-11.0M | $-8.0M | ||
| Q4 24 | $1.5M | $7.0M | ||
| Q3 24 | $-3.7M | $-1.1M | ||
| Q2 24 | $-1.3M | $-10.6M | ||
| Q1 24 | $-8.0M | $-4.7M |
自由现金流率LAWRDI
| Q4 25 | 0.6% | 8.2% | ||
| Q3 25 | -5.0% | -0.5% | ||
| Q2 25 | -13.6% | 1.9% | ||
| Q1 25 | -30.1% | -19.8% | ||
| Q4 24 | 4.1% | 12.0% | ||
| Q3 24 | -10.3% | -1.8% | ||
| Q2 24 | -3.6% | -22.7% | ||
| Q1 24 | -22.5% | -10.4% |
资本支出强度LAWRDI
| Q4 25 | 1.2% | 0.3% | ||
| Q3 25 | 2.6% | 1.0% | ||
| Q2 25 | 2.5% | 0.6% | ||
| Q1 25 | 1.4% | 0.6% | ||
| Q4 24 | 1.5% | 1.7% | ||
| Q3 24 | 2.4% | 4.0% | ||
| Q2 24 | 1.8% | 0.5% | ||
| Q1 24 | 1.9% | 4.3% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LAW
| Software | $35.1M | 85% |
| Services | $6.0M | 15% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
