CS Disco, Inc. (LAW) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, CS Disco reported revenue of $156.8M, up 8.3% from $144.8M the year before. Net income was -$44.4M (a -28.3% net margin), or -$0.72 per diluted share. Gross margin was 74.9% and operating margin was -30.7%. Operating activities generated -$14.9M of cash, leaving -$18.0M of free cash flow. At fiscal year end, CS Disco held $173.6M in total assets against $45.5M in total liabilities, including $19.7M of cash and equivalents.
Open the full interactive CS Disco financials → Quarterly statements, key ratios, valuation history and price charts.
CS Disco Key Stats
| Share Price | $4.42 |
|---|---|
| Market Cap | $285.0M |
| Revenue YoY Growth | +8.3% |
| 52-Week Range | $2.76 – $8.91 |
| Shares Outstanding | 64.5 million (basic, 2026 Q2) |
CS Disco Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $114.3M | $135.2M | $138.1M | $144.8M | $156.8M |
| Gross Profit | $83.2M | $101.0M | $103.1M | $107.4M | $117.4M |
| Operating Income | -$23.8M | -$71.8M | -$49.8M | -$61.7M | -$48.1M |
| Pre-Tax Income | -$24.3M | -$70.6M | -$41.7M | -$55.4M | -$43.6M |
| Income Tax | $81,000 | $186,000 | $443,000 | $332,000 | $743,000 |
| Net Income | -$24.3M | -$70.8M | -$42.1M | -$55.8M | -$44.4M |
| Diluted EPS | -$0.73 | -$1.20 | -$0.70 | -$0.93 | -$0.72 |
CS Disco Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $40.9M | $41.2M | $41.9M | $43.1M |
| Net Income | -$13.7M | -$8.5M | -$9.6M | -$8.7M |
| Diluted EPS | -$0.22 | -$0.14 | -$0.15 | -$0.13 |
CS Disco Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $255.5M | $203.2M | $159.6M | $52.8M | $19.7M |
| Current Assets | $280.9M | $231.5M | $192.3M | $156.9M | $153.0M |
| Total Assets | $287.4M | $256.3M | $231.5M | $180.3M | $173.6M |
| Current Liabilities | $18.6M | $22.8M | $23.1M | $25.7M | $40.4M |
| Total Liabilities | $18.7M | $32.7M | $31.2M | $32.8M | $45.5M |
| Shareholders' Equity | $268.7M | $223.6M | $200.3M | $147.5M | $128.1M |
CS Disco Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$21.6M | -$46.0M | -$25.5M | -$8.7M | -$14.9M |
| Cash From Investing | -$3.1M | -$9.7M | -$20.0M | -$78.0M | -$18.2M |
| Cash From Financing | $221.7M | $3.5M | $1.9M | -$20.0M | $16,000 |
| Free Cash Flow | -$24.7M | -$50.4M | -$30.4M | -$11.5M | -$18.0M |
Figures from CS Disco's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full CS Disco financials page for every line item.
CS Disco Company Profile
| Ticker | LAW |
|---|---|
| Exchange | NYSE |
| Industry | Prepackaged Software (Services) |
| Headquarters | Austin, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company, emerging growth company |
| SEC CIK | 0001625641 |
Frequently Asked Questions
What was CS Disco's revenue in fiscal 2025?
CS Disco (LAW) reported revenue of $156.8M for fiscal 2025.
What is CS Disco's annual revenue history?
CS Disco's annual revenue by fiscal year: 2021: $114.3M; 2022: $135.2M; 2023: $138.1M; 2024: $144.8M; 2025: $156.8M.
What was CS Disco's net income in fiscal 2025?
CS Disco reported net income of -$44.4M for fiscal 2025.
What was CS Disco's earnings per share (EPS) in fiscal 2025?
CS Disco's diluted EPS was -$0.72 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did CS Disco generate in fiscal 2025?
CS Disco generated -$18.0M of free cash flow in fiscal 2025.
What was CS Disco's revenue last quarter?
In its most recent reported quarter (2026 Q2), CS Disco reported revenue of $43.1M.
How many shares of CS Disco are outstanding?
CS Disco reported a weighted average of 64.5 million basic shares outstanding in 2026 Q2.
What is CS Disco's market cap?
Based on its latest closing price, CS Disco (LAW) has a market capitalization of about $285.0M.
When does CS Disco's fiscal year end?
CS Disco's fiscal year end, as registered with the SEC, is December 31.
Where is CS Disco headquartered?
CS Disco lists its business address in Austin, Texas in its SEC filings.