CS Disco Inc
NYSE:LAW
CS Disco Inc
CS Disco, Inc. provides legal technology solutions. The company is headquartered in Austin, Texas and currently employs 470 full-time employees. The company went IPO on 2021-07-21. The Company’s solution enables legal departments to collect, process and review enterprise data, which is relevant to legal matters. Its cloud-native architecture and AI models automatically identify legally relevant documents and improve the accuracy and speed of legal document review. Its solution includes DISCO Ediscovery, DISCO Review and DISCO Case Builder. DISCO Ediscovery automates the e-discovery process. DISCO Review is an AI-powered document review, which delivers legal document reviews. Through DISCO Case Builder, legal professionals build a compelling case by offering a place to search, organize and review witness testimony and other important legal data.
CS Disco, Inc. provides legal technology solutions. The company is headquartered in Austin, Texas and currently employs 470 full-time employees. The company went IPO on 2021-07-21. The Company’s solution enables legal departments to collect, process and review enterprise data, which is relevant to legal matters. Its cloud-native architecture and AI models automatically identify legally relevant documents and improve the accuracy and speed of legal document review. Its solution includes DISCO Ediscovery, DISCO Review and DISCO Case Builder. DISCO Ediscovery automates the e-discovery process. DISCO Review is an AI-powered document review, which delivers legal document reviews. Through DISCO Case Builder, legal professionals build a compelling case by offering a place to search, organize and review witness testimony and other important legal data.
Revenue Beat: Q4 total revenue rose 11% year-over-year to $41.2 million, beating the high end of guidance; full-year revenue grew 8% to $157 million.
Software Momentum: Software revenue increased 14% in Q4 to $35.1 million and 12% for the year to $134 million, with three consecutive quarters of accelerating growth.
AI Adoption Surge: Generative AI features like Cecilia AI and Auto Review saw over 600% year-over-year growth in Q4, with strong repeat usage.
Profitability Improving: Adjusted EBITDA margin improved from negative 13% in 2024 to negative 7% in 2025; net loss narrowed to $10.7 million for the year.
New Pricing Model: Company launched a new, simpler pricing and packaging model, bundling all AI and Ediscovery tools for one competitive rate to drive customer adoption and reduce discounting.
2026 Guidance: Fiscal 2026 revenue expected between $167 million and $177 million, with a target of reaching adjusted EBITDA breakeven by Q4 2026.
