Saturday 17 October 2026
Export LAW’s income statement to Excel — free account
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. In the quarter to June 2026, revenue grew 13.2%, EPS grew 27.8%, free cash flow grew 57.2% and total debt fell 46.8%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.
4.45
0.24
−5.12%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | 33.04 | 5.68 | 5.07 | 4.71 | 3.31 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | 69.41 | 40.73 | 10.77 | 8.80 | 9.11 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 470 | 661 | 543 | 561 | 577 | ||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.24 | 0.20 | 0.25 | 0.26 | 0.27 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 49 | 68 | 114 | 135 | 138 | 145 | 157 | ||||
| Gross margin, % | — | — | — | 70.23 | 70.12 | 72.80 | 74.73 | 74.69 | 74.17 | 74.86 | |||||
| EBT | — | — | — | (30) | (23) | (24) | (71) | (42) | (55) | (44) | |||||
| EBT margin, % | — | — | — | (61.42) | (33.31) | (21.22) | (52.21) | (30.20) | (38.28) | (27.82) | |||||
| Net income | — | 0 | — | (30) | (23) | (24) | (71) | (42) | (56) | (44) | |||||
| Depreciation | — | — | — | 1 | 2 | 2 | 3 | 4 | 18 | 0 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 0.85 | 5.20 | 3.44 | 2.30 | 2.30 | 2.41 | 2.54 | ||||
| Earnings | — | — | — | (0.53) | (1.74) | (0.73) | (1.20) | (0.70) | (0.93) | (0.72) | |||||
| Cash flow | — | — | — | (0.48) | (1.72) | (0.65) | (0.78) | (0.42) | (0.15) | (0.24) | |||||
| Capex | — | — | — | 0.00 | (0.14) | (0.09) | (0.07) | (0.31) | (0.05) | (0.05) | |||||
| Free cash flow | — | — | — | (0.48) | (1.87) | (0.75) | (0.86) | (0.74) | (0.19) | (0.29) | |||||
| Book value | — | — | — | 0.46 | 5.00 | 8.09 | 3.81 | 3.33 | 2.45 | 2.08 | |||||
| Shares, m | — | — | — | 57 | 13 | 33 | 59 | 60 | 60 | 62 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | 6.37 | 6.37 | 10.38 | 2.63 | 3.23 | 2.07 | 3.05 | |||||
| P/B | — | — | — | 0.00 | 0.00 | 4.42 | 1.59 | 2.22 | 2.04 | 3.74 | |||||
| EV/Sales | — | — | — | 5.84 | 5.84 | 8.15 | 1.13 | 2.07 | 1.18 | 2.32 | |||||
| EV/FCF | — | — | — | (25.44) | (25.44) | (37.65) | (3.02) | (9.42) | (14.87) | (20.27) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | (27) | (23) | (22) | (46) | (26) | (9) | (15) | ||||
| Capex | — | — | — | (3) | (2) | (3) | (4) | (19) | (3) | (3) | |||||
| Free cash flow | — | — | — | (27) | (25) | (25) | (50) | (44) | (12) | (18) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | 23 | 61 | 262 | 209 | 169 | 131 | 113 | ||||
| Total debt | — | — | — | — | 0 | 1 | 0 | 0 | 0 | 0 | |||||
| Net debt | — | — | — | (23) | (58) | (255) | (203) | (159) | (129) | (115) | |||||
| Shareholders’ equity | — | — | — | 26 | 66 | 269 | 224 | 200 | 148 | 128 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | (166.68) | (39.94) | (13.31) | (26.03) | (17.28) | (27.08) | (25.07) | ||||
| ROIC | — | — | — | 0.00 | (189.86) | (112.83) | (217.96) | (76.09) | (208.49) | (221.45) | |||||
| ROE | — | — | — | 35.35 | 27.13 | (28.09) | (28.75) | (19.88) | (32.07) | (32.20) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
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 |
|---|---|---|---|---|---|---|---|---|---|
| QH Quhuo Limited Sponsored ADR | $356.9M | — (loss-making) | 9.1× | +63.08% (above 0%: growing) | n/m | +67.69% (above 0%: growing) | 3.85% | 0.00% | Compare |
| API Agora, Inc. Sponsored ADR | $335.1M | 48.0× | 33.2× | +17.98% (above 0%: growing) | +89.87% (above 0%: growing) | −94.80% (below 0%: shrinking) | 63.67% | (2.36%) | Compare |
| HKD AMTD Digital Inc. Sponsored ADR | $329.0M | — | — | — | — | +39.75% (above 0%: growing) | 0.00% | 0.00% | Compare |
| PLTS Platinum Analytics Cayman Limited | $316.1M | — | — | — | — | — | — | — | Compare |
| LAW CS Disco, Inc. | $304.5M | — (loss-making) | — (loss-making) | +13.23% (above 0%: growing) | n/m | +57.21% (above 0%: growing) | 74.43% | (21.36%) | |
| CURR Currenc Group Inc. | $299.8M | — (loss-making) | — (loss-making) | −21.81% (below 0%: shrinking) | n/m | +36.06% (above 0%: growing) | 42.74% | (46.55%) | Compare |
| EGHT 8x8 Inc | $299.0M | 54.5× | 126× | +4.86% (above 0%: growing) | n/m | +89.29% (above 0%: growing) | 61.19% | 2.30% | Compare |
| GLOO Gloo Holdings, Inc. | $298.4M | — (loss-making) | — (loss-making) | +187.97% (above 0%: growing) | n/m | +49.40% (above 0%: growing) | 36.02% | (44.02%) | Compare |
| CMRC Commerce.com, Inc. | $295.0M | — (loss-making) | 36.0× | +0.09% (above 0%: growing) | n/m | −99.58% (below 0%: shrinking) | 75.17% | 3.20% | Compare |
| Median of peers | $307.9M | — | 34.6× | +11.42% | — | +39.75% | 42.74% | 0.00% |
CS Disco, Inc. (LAW) key facts
- Concern: CS Disco, Inc. reported a net loss of $44.4 million, or a loss of $0.72 per share, for fiscal 2025.
- Strength: CS Disco, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $156.8 million, up 8.29% from fiscal 2024.
- CS Disco, Inc. (LAW) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
- As of October 16, 2026, LAW traded at $4.45, a market capitalization of $304.5 million.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 1.7× sales.
- Return on equity was −32.2% and debt-to-equity 0.00.
- Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 4.32 (safe zone) for fiscal 2025.