Welcome to our dedicated page for Cs Disco SEC filings (Ticker: LAW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
CS Disco, Inc. filings document the public reporting framework for a cloud-native legal technology company listed on the NYSE under LAW. Recent 8-K reports furnish quarterly and annual operating results, including software revenue, total revenue, customer activity and product developments tied to the DISCO platform, Cecilia AI and eDiscovery offerings.
Proxy and governance filings describe director elections, board composition, auditor ratification and stockholder meeting matters. Other current reports cover officer appointments, director appointments, compensatory arrangements and emerging growth company status, while recurring disclosures address the company’s legal technology business, capital structure and public-company controls.
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.
CS Disco reported first quarter 2026 results showing solid revenue growth but continued losses. Total revenue was $41.9 million, up 14% from the first quarter of 2025, with software revenue of $34.7 million, up 12%. GAAP net loss narrowed to $9.6 million from $11.4 million, and Adjusted EBITDA improved to a loss of $3.5 million, versus a $5.1 million loss a year earlier.
The company ended March 31, 2026 with $17.6 million of cash and cash equivalents and $85.4 million of short-term investments, and used $11.7 million of cash in operating activities during the quarter. DISCO grew to 347 large customers generating over $100,000 in revenue over the prior 12 months, a 9% increase year over year. Management issued 2026 guidance that anticipates continued revenue growth while remaining Adjusted EBITDA negative for both the second quarter and full year.
CS Disco, Inc. reports full-year business and risk disclosures for fiscal 2025 focused on its cloud-native, AI-powered legal software platform. The company states it had 1,549 customers and a 98% dollar-based net retention rate as of December 31, 2025, with 330 large customers. Management describes product capabilities (including the Cecilia AI suite, DISCO Ediscovery, DISCO Review, DISCO Hold, Request, and Case Builder), a usage-based pricing model revised in 2026, and strategic growth priorities such as expanding product-led adoption, sales coverage, channel partners, international reach, and selective acquisitions. The filing emphasizes extensive risks including cybersecurity and data-privacy compliance (EU GDPR, UK GDPR, CCPA), AI-related operational and regulatory risks, reliance on third-party cloud providers and software, potential open-source license issues, and the need for continued investment to scale infrastructure, sales, and R&D. The company reported 63,329,013 shares outstanding as of February 15, 2026 and an approximate $155.5 million market value of non-affiliate shares as of June 30, 2025.
CS Disco, Inc. is holding a virtual 2026 Annual Meeting of Stockholders on June 10, 2026 to elect two Class II directors and ratify Ernst & Young LLP as independent auditor for 2026. Stockholders of record as of April 15, 2026, holding 64,134,406 common shares, may vote.
The board proposes reelecting James Offerdahl and newly appointed director Toby Williams, while reducing the board from ten to eight members as two Class II directors do not stand for reelection. The proxy also details board independence, committee structure, executive officer biographies and 2025 executive compensation, including performance-based RSUs tied to revenue and Adjusted EBITDA.
CS Disco director Toby J. Williams received an equity award of 67,720 restricted stock units (RSUs) of Common Stock. The Form 4 shows this as a grant or award acquisition with no cash paid per share, and it leaves him holding 67,720 shares directly after the transaction.
Each RSU represents a right to receive one share of CS Disco common stock. The award will vest in 12 equal quarterly installments measured from April 22, 2026, and each vesting date requires Williams to remain in continuous service with the company.
CS Disco, Inc. director Toby J. Williams has filed an initial Form 3, which is the required statement of beneficial ownership for new insiders. The filing reports his status as a director of CS Disco, Inc. but shows no transactions or derivative holdings.
CS Disco, Inc. appointed Toby Williams to its board of directors, increasing the board size from nine to ten members effective immediately. He will serve as a Class II director with a term ending at the 2026 annual meeting of stockholders and has been deemed independent under NYSE rules.
As a non-employee director, Williams will receive an initial RSU equity award valued at $300,000, followed by annual RSU awards valued at $150,000 starting with the 2027 annual meeting, plus a $35,000 annual cash retainer. Existing directors Colette Pierce Burnette and Aaron Clark will not stand for reelection at the 2026 annual meeting, after which the board size will be reduced from ten to eight directors.
CS Disco, Inc. executive Melanie Antoon reported an open-market sale of 4,882 shares of common stock at a weighted-average price of $3.24 per share. The shares were sold solely to cover taxes and fees due on the settlement of restricted stock units. After this transaction, she directly holds 284,611 shares of CS Disco common stock.
CS Disco, Inc. executive Richard Francis Crum, EVP and Chief Product & Technology Officer, reported an open-market sale of 6,262 shares of common stock at a weighted average price of $3.24 per share. According to the filing, all shares were sold solely to cover taxes and fees due upon the release and settlement of restricted stock units, and not for discretionary portfolio reasons. Following this mandatory tax-related sale, he continues to hold 349,101 shares of CS Disco common stock directly.
CS Disco, Inc. General Counsel and Chief Compliance Officer Susan Garcia reported an open-market sale of common stock primarily to cover taxes and fees on vested restricted stock units. She sold 5,956 shares at a weighted average price of $3.24, from multiple trades between $3.10 and $3.37. After these tax-related sales, she directly owned 152,921 shares of CS Disco common stock.