CS Disco, Inc.

LAW Technology Software Application

CS Disco, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $156.8 million, up 8.29% from fiscal 2024.

Revenue
+10.8%
EPS
+65.0%
Free cash flow
−165.4%
Total debt
−53.0%

Quarter to September 2026, against a year earlier

5.66 0.04 +0.71%
Market cap
$364.9M
P/E
0.0×
Fwd P/E
−12.3×
Dividend yield
—
F-score
5/9
Altman Z
4.32
Beneish M
−0.34
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 3.71
Sold, $m 0.57
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 4 1 — 1 — — 1 — — —
Sell 1 — 4 4 — 4 — — 4 — — —
Insider Ownership 60.54%

Capital & Financial Ratios $m

Size
Market Cap 364.85
Revenue ttm 171.54
Net income ttm (31.80)
Free cash flow ttm (19.73)
Net debt Q (96.74)
Valuation
P/E 0.00
Forward P/E (12.30) (negative: loss-making)
Price / sales 2.15
Forward P/S Powerpack
Price / FCF 0.00
Price / book 3.07
Financial health
Current ratio Q 3.54 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 9.78
Growth
Revenue growth Q +10.80% (above 0%: growing)
Operating income growth Q +61.26% (above 0%: growing)
EPS, this year +25.45% (at or above 15%: strong)
EPS, next year A +77.99% (at or above 15%: strong)
Revenue, next year A +12.72% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +53.06% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 26.35%
10-year low 10-year high
P/B against its own 10 years 76.76%
10-year low 10-year high
EV/Sales against its own 10 years 45.50%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 160 129 115 97
Receivables 27 23 34 41
Inventory — — — —
Other 6 5 5 5
192 157 153 143
2023 2024 2025 Q'26
Payables 5 4 4 3
ST’ Debt — — — —
Other — — — —
23 26 40 40

Compound Annual Growth %

10y 5y 3y
Sales — 18.04% 5.08%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 14.23% (16.95%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.15) (0.13) (0.08) — —
’25 (0.19) (0.18) (0.22) (0.13) (0.72)
’24 (0.17) (0.18) (0.15) (0.42) (0.93)
’23 (0.34) (0.25) (0.02) (0.10) (0.70)
’22 (0.20) (0.35) (0.34) (0.32) (1.20)
’21 (0.22) (0.23) (0.19) (0.16) (0.73)
’20 (0.20) (0.42) (0.24) (0.05) (1.74)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 42 43 45 — —
’25 37 38 41 41 157
’24 36 36 36 37 145
’23 33 34 35 36 138
’22 34 34 34 33 135
’21 21 30 30 34 114
’20 16 16 18 19 68
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (12) (1) (3) — —
’25 (10) (4) (1) 1 (15)
’24 (7) (1) (3) 2 (9)
’23 (15) (7) (7) 3 (26)
’22 (11) (11) (14) (9) (46)
’21 (4) (6) (9) (3) (22)
’20 (10) (15) (3) (5) (23)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (12) (2) (5) — —
’25 (11) (5) (2) 0 (18)
’24 (8) (1) (4) 2 (12)
’23 (16) (9) (22) 2 (44)
’22 (12) (12) (16) (10) (50)
’21 (5) (7) (10) (4) (25)
’20 (10) (16) (3) (6) (25)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — 49 68 114 135 138 145 157 172 +21.6% 177 196 216 +11.3%
Gross margin, % — — — 70.23 70.12 72.80 74.73 74.69 74.17 74.86 74.83 +4.6 pt
EBT — — — (30) (23) (24) (71) (42) (55) (44) (31) +6.5%
EBT margin, % — — — (61.42) (33.31) (21.22) (52.21) (30.20) (38.28) (27.82) (18.15) +33.6 pt
Net income — 0 — (30) (23) (24) (71) (42) (56) (44) (32) n/m
Per share, $
Per share, $ Revenue — — — 0.85 5.20 3.44 2.30 2.30 2.41 2.54 2.63 +19.9%
Earnings — — — (0.53) (1.74) (0.73) (1.20) (0.70) (0.93) (0.72) (0.49) +5.2%
Cash flow — — — (0.48) (1.72) (0.65) (0.78) (0.42) (0.15) (0.24) (0.23) (10.8%)
Capex — — — 0.00 (0.14) (0.09) (0.07) (0.31) (0.05) (0.05) (0.07) n/m
Free cash flow — — — (0.48) (1.87) (0.75) (0.86) (0.74) (0.19) (0.29) (0.30) (8.0%)
Book value — — — 0.46 5.00 8.09 3.81 3.33 2.45 2.08 1.84 +28.3%
Shares, m — — — 57 13 33 59 60 60 62 64 +1.4%
Valuation, ×
Valuation, × P/E — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — — — 6.37 6.37 10.38 2.63 3.23 2.07 3.05 2.15 4.9
P/B — — — 0.00 0.00 4.42 1.59 2.22 2.04 3.74 3.07 2.0
EV/Sales — — — 5.84 5.84 8.15 1.13 2.07 1.18 2.32 1.59 3.8
EV/FCF — — — (25.44) (25.44) (37.65) (3.02) (9.42) (14.87) (20.27) (13.79) (19.4)
Cash, $m
Cash, $m Operating cash flow — — — (27) (23) (22) (46) (26) (9) (15) (15) (9.6%)
Capex — — — (3) (2) (3) (4) (19) (3) (3) (5) (1.5%)
Free cash flow — — — (27) (25) (25) (50) (44) (12) (18) (20) (6.7%)
Balance, $m
Balance, $m Working capital — — — 23 61 262 209 169 131 113 102 +30.6%
Net debt — — — (23) (58) (255) (203) (159) (129) (115) (97) +30.5%
Shareholders’ equity — — — 26 66 269 224 200 148 128 120 +30.1%
Returns, %
Returns, % ROA — — — (166.68) (39.94) (13.31) (26.03) (17.28) (27.08) (25.07) (18.81) +141.6 pt
ROIC — — — 0.00 (189.86) (112.83) (217.96) (76.09) (208.49) (221.45) (91.93) (221.5) pt
ROE — — — 35.35 27.13 (28.09) (28.75) (19.88) (32.07) (32.20) (25.38) (67.5) pt
People
People Employees — — — — — 470 661 543 561 577 — +5.3%
Revenue/emp, $m — — — 0.00 0.00 0.24 0.20 0.25 0.26 0.27 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026

CS Disco, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MTLS Materialise NV $383.9M 26.2× 30.6× −1.23% (below 0%: shrinking) −32.25% (below 0%: shrinking) +40.10% (above 0%: growing) 57.68% 1.98% Compare
LAW CS Disco, Inc. $364.9M — (loss-making) — (loss-making) +10.80% (above 0%: growing) n/m −165.42% (below 0%: shrinking) 75.51% (12.36%)
CRNC Cerence Inc. $363.2M — (loss-making) 245× +11.81% (above 0%: growing) n/m +22.24% (above 0%: growing) 76.04% 2.69% Compare
MNTN MNTN Inc. $351.6M 6.8× 6.8× +20.56% (above 0%: growing) n/m +87.71% (above 0%: growing) 80.32% 8.62% Compare
AIOT PowerFleet, Inc. $347.6M — (loss-making) — (loss-making) +6.41% (above 0%: growing) n/m +92.55% (above 0%: growing) 55.20% 0.24% Compare
ALIT Alight, Inc. $345.6M — (loss-making) — (loss-making) −6.19% (below 0%: shrinking) n/m −85.71% (below 0%: shrinking) 27.00% (12.20%) Compare
YB Yuanbao Inc. - Sponsored ADR $340.5M 2.1× — +37.38% (above 0%: growing) +14.26% (above 0%: growing) — 92.98% 32.39% Compare
EGHT 8x8 Inc $325.0M 39.7× 213× +4.29% (above 0%: growing) +317.86% (above 0%: growing) +130.99% (above 0%: growing) 59.67% 3.61% Compare
PLTS Platinum Analytics Cayman Limited $316.1M — — — — — — — Compare
Median of peers $346.6M 16.5× 122× +6.41% +14.26% +63.91% 59.67% 2.69%

All 230 Software Application stocks →

Pay and ownership Proxy statement filed 30 April 2026

Ownership

Directors and executive officers, together 16.80%
Entities affiliated with Bessemer Venture Partners 13.50%
Krishna Srinivasan 12.40%
Entities affiliated with LiveOak Venture Partners 12.30%
SG-DISCO, LLC 12.20%
Entities affiliated with Georgian Partners 9.20%
Topline Capital Management, LLC 5.00%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

CS Disco, Inc. (LAW) Latest News

4 Nov

Impact 3 · · Moby
Impact 3 · · The Motley Fool transcript
Impact 3 · · Business Wire

24 Oct

Impact 3 · · Simply Wall St.

12 Aug

Impact 3 · · The Motley Fool transcript

8 Aug

Impact 3 · · MarketBeat transcript

14 May

Impact 3 · · Simply Wall St.

11 May

Impact 4 · · MarketBeat

6 May

Impact 4 · · Moby
Impact 4 · · The Motley Fool transcript
Impact 4 · · Business Wire

28 Feb

Impact 4 · · MarketBeat

26 Feb

Impact 4 · · Moby

9 Feb

Impact 4 · · Business Wire

30 Jan

22 Dec

Impact 3 · · ZacksGuruFocus.comMotley FoolInsider MonkeyStockStoryZacksMT NewswiresGuruFocus.com
Impact 3 · · Business WireMT NewswiresMT NewswiresMT NewswiresReutersReutersMT Newswires
stockrow.com/LAW · Data as of Nov 6, 2026 · For information only; not investment advice. · © 2026 stockrow.com