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Cs Disco Inc 10-Q Filings

LAW NYSE

Every 10-Q that Cs Disco Inc (LAW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow LAW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LAW filings page.

Rhea-AI Summary

CS Disco, Inc. provides cloud-native, AI-powered legal software and reported Q2 2026 revenue of $43.1 million, up from $38.1 million a year earlier. First-half 2026 revenue was $85.0 million versus $74.8 million. Usage-based contracts generated 92% of revenue, with software contributing $36.8 million and services $6.3 million in Q2.

Net loss attributable to common stockholders was $8.7 million for Q2 2026 and $18.3 million for the first half, with gross margin at 74%. Adjusted EBITDA was $(3.4) million in Q2 and $(6.9) million year-to-date. As of June 30, 2026, cash and cash equivalents were $10.9 million and short-term investments were $90.5 million, within total assets of $161.4 million. The company also carried an $11.5 million accrued legal loss tied to a securities settlement and an $8.1 million related insurance recovery receivable.

Rhea-AI Summary

CS Disco, Inc. delivered first‑quarter revenue of $41.9 million, up from $36.7 million a year earlier, driven mainly by higher usage of its AI-powered legal software and services.

The company maintained a strong gross margin of 74% and reduced its net loss to $9.6 million, compared with $11.4 million in the prior-year quarter. Adjusted EBITDA improved to $(3.5) million from $(5.1) million as operating expenses grew more slowly than revenue.

CS Disco ended the quarter with $17.6 million in cash and cash equivalents and $85.4 million in short‑term investments, providing substantial liquidity to fund ongoing product development and sales efforts. Usage‑based arrangements contributed 91% of revenue, reflecting continued reliance on case-driven customer activity.

Rhea-AI Summary

CS Disco (LAW) reported Q3 2025 results. Revenue reached $40.9 million, up from $36.3 million a year ago, reflecting 13% growth as usage-based contracts accounted for 91% of revenue. Software contributed $35.2 million and services $5.7 million.

Gross profit was $30.9 million. Operating loss widened to $14.5 million and net loss was $13.7 million, or $0.22 per share. General and administrative expense reflected a legal loss contingency of $15.5 million and an insurance recovery receivable of $9.2 million, with the $6.3 million net impact recorded in the period.

Cash and cash equivalents were $28.8 million with $84.7 million in short-term investments. Year-to-date operating cash outflow was $15.7 million. Remaining performance obligations totaled $25.4 million, including $13.8 million expected over the next 12 months. As of September 30, 2025, the company had 62.5 million common shares outstanding and total assets of $174.8 million.

Rhea-AI Summary

CS Disco, Inc. (FORM 10-Q) — Six months ended June 30, 2025

Revenue was $38.106 million for the three months and $74.759 million for the six months ended June 30, 2025, up from $36.005 million and $71.576 million a year earlier. Gross profit was $28.423 million (Q2) and $55.573 million (YTD). Net loss attributable to common stockholders was $(10.812) million for Q2 2025 and $(22.205) million YTD; basic and diluted net loss per share was $(0.18) for the quarter and $(0.36) YTD. Weighted-average shares outstanding were ~61.2k (in thousands) for Q2 2025.

Liquidity and balance sheet highlights: cash and cash equivalents $21.672 million and short-term investments $92.817 million as of June 30, 2025. Total assets were $164.872 million and total stockholders' equity was $137.895 million as of June 30, 2025. Operating cash used was $(14.719) million for the six months ended June 30, 2025. Remaining performance obligations (RPO) were $26.9 million, with ~$11.1 million expected to be recognized in the next 12 months.

Other material disclosures: the company recorded a $14.0 million non-cash impairment of a primary law intangible asset (recorded in 2024) and a $1.2 million impairment of related capitalized software development costs. A stockholder class action is pending with multiple motion rulings through April 9, 2025. Stock-based compensation expense was $12.357 million for the six months ended June 30, 2025.