CS Disco, Inc.
LAW- Exchange
- NYSE
- Industry
- Services-Prepackaged Software
- SEC CIK
- 0001625641
In the last 90 days, CS Disco, Inc. insiders filed 1 open-market purchase and 4 sales; 119 institutions reported holding it in 13F filings for Q2 2026, worth $133.8M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:19 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $44.4M (28.3% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 25, 2026 | Feb 20, 2025 | Jan 4, 2024 | Jan 19, 2023 | Feb 24, 2022 |
| Revenue | $156.8M | $144.8M | $138.1M | $135.2M | $114.3M |
| Cost of revenue | $39.4M | $37.4M | $34.9M | $34.2M | $31.1M |
| Gross profit | $117.4M | $107.4M | $103.1M | $101.0M | $83.2M |
| Operating expenses | $165.5M | $169.2M | $153.0M | $172.8M | $107.1M |
| Research and development | $56.6M | $51.5M | $51.6M | $59.3M | $34.4M |
| Selling, general and administrative | $48.9M | $41.0M | $33.2M | $40.7M | $25.6M |
| Operating income | -$48.1M | -$61.7M | -$49.8M | -$71.8M | -$23.8M |
| Income tax | $743.0K | $332.0K | $443.0K | $186.0K | $81.0K |
| Net income | -$44.4M | -$55.8M | -$42.1M | -$70.8M | -$24.3M |
| EPS, basic | $-0.72 | $-0.93 | $-0.70 | $-1.20 | $-0.73 |
| EPS, diluted | $-0.72 | $-0.93 | $-0.70 | $-1.20 | $-0.73 |
| Weighted shares, basic | 61.7M | 60.2M | 60.1M | 58.8M | 33.2M |
| Weighted shares, diluted | 61.7M | 60.2M | 60.1M | 58.8M | 33.2M |
| Margins and growth | |||||
| Gross margin | 74.9% | 74.2% | 74.7% | 74.7% | 72.8% |
| Operating margin | -30.7% | -42.6% | -36.1% | -53.1% | -20.8% |
| Net margin | -28.3% | -38.5% | -30.5% | -52.3% | -21.3% |
| Revenue growth, year over year | +8.3% | +4.9% | +2.1% | +18.2% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 25, 2026 | Feb 20, 2025 | Jan 4, 2024 | Jan 19, 2023 | Feb 24, 2022 |
| Cash and equivalents | $19.7M | $52.8M | $159.6M | $203.2M | $255.5M |
| Short-term investments | $94.9M | $76.4M | – | – | – |
| Accounts receivable | $25.6M | $23.1M | $27.0M | $22.7M | $20.7M |
| Total current assets | $153.0M | $156.9M | $192.3M | $231.5M | $280.9M |
| Goodwill | $5.90M | $5.90M | $5.90M | $5.90M | – |
| Intangible assets | $206.0K | $400.0K | $681.0K | $962.0K | – |
| Total assets | $173.6M | $180.3M | $231.5M | $256.3M | $287.4M |
| Accounts payable | $3.89M | $3.99M | $5.23M | $8.48M | $4.69M |
| Total current liabilities | $40.4M | $25.7M | $23.1M | $22.8M | $18.6M |
| Total liabilities | $45.5M | $32.8M | $31.2M | $32.7M | $18.7M |
| Shareholders' equity | $128.1M | $147.5M | $200.3M | $223.6M | $268.7M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 25, 2026 | Feb 20, 2025 | Jan 4, 2024 | Jan 19, 2023 | Feb 24, 2022 |
| Operating cash flow | -$14.9M | -$8.75M | -$25.5M | -$46.0M | -$21.6M |
| Capital expenditures | $3.05M | $2.78M | $4.86M | $4.38M | $3.11M |
| Free cash flow | -$18.0M | -$11.5M | -$30.4M | -$50.4M | -$24.7M |
| Depreciation and amortization | $3.66M | $3.93M | $4.16M | $2.97M | $1.67M |
| Stock-based compensation | $24.5M | $22.3M | $16.2M | $21.7M | $5.60M |
| Share buybacks | $105.0K | $127.0K | $89.0K | $264.0K | $476.0K |
| Investing cash flow | -$18.2M | -$78.0M | -$20.0M | -$9.69M | -$3.11M |
| Financing cash flow | $16.0K | -$20.0M | $1.87M | $3.47M | $221.7M |
| Net change in cash | -$33.1M | -$106.8M | -$43.7M | -$52.2M | $196.9M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 15.6% | 15.4% | 11.7% | 16.1% | 4.9% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 31, 2026 | 65.7M | +5.1% | SEC |
| Jul 31, 2026 | 64.9M | +5.1% | SEC |
| Apr 30, 2026 | 64.1M | +5.5% | SEC |
| Feb 15, 2026 | 63.3M | +4.9% | SEC |
| Oct 31, 2025 | 62.5M | +4.3% | SEC |
| Jul 31, 2025 | 61.7M | +3.8% | SEC |
| Apr 30, 2025 | 60.8M | +1.4% | SEC |
| Feb 15, 2025 | 60.4M | −1.1% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.