CS Disco, Inc.
csdisco.comWhat Do They Do?
Sells artificial-intelligence-powered cloud software for enterprises, legal service organizations and governments to preserve data, handle legal requests and review case evidence.
10-K for FY2025, filed Feb 25, 2026DISCO provides cloud-native, artificial intelligence-powered legal product offerings that simplify legal hold, legal request, ediscovery…View ↗
Since our inception, our principal goal has been to deliver easy-to-use, intuitive, intelligent product offerings that are well-tailored to…View ↗
DISCO Hold automates the manual work necessary to comply with preservation requirements, empowering lawyers to preserve data, notify…View ↗
How Do They Make Money?
Customers pay for platform use, typically billed monthly; committed-volume subscriptions are billed in advance monthly, quarterly or annually. Professional services are billed on a time-and-materials basis.
10-K for FY2025, filed Feb 25, 2026We generate substantially all of our revenue from our customers’ actual usage of our product offerings. Customers generally do not commit…View ↗
A performance obligation is a promise in a contract to transfer a distinct solution to the customer. The Company identifies performance…View ↗
The Company’s revenue-generating activities directly relate to the sale and support of its legal product offerings within a single…View ↗
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10-K for FY2025, filed Feb 25, 2026
FY2025 revenue by product or service ↗
$156.8M
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10-K for FY2025, filed Feb 25, 2026
$156.8M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Software
Mix
10-K for FY2025, filed Feb 25, 2026 |
85%
FY2022: 81%
|
Software, FY2025
$134M Sources
|
Mix |
|
Services
Usage-based
10-K for FY2025, filed Feb 25, 2026 |
15%
FY2022: 19%
|
Services, FY2025
$22.8M Sources
|
Usage-based |
Who Are Their Customers?
Customers include enterprises, law firms, legal services providers and governments. DISCO sells through a direct sales force and also through legal services providers and some law firms that resell products to their clients.
10-K for FY2025, filed Feb 25, 2026As of December 31, 2025, we had 1,549 customers, increasing from 1,478 as of December 31, 2024, and 330 large customers, increasing from…View ↗
We sell our product offerings through a direct sales force which is organized based on the stages of our sales motion. Our sales…View ↗
In addition to our direct sales force, we also sell through legal services providers who buy our product offerings and resell them to their…View ↗
Do Revenues Turn Into Profits?
No. It lost $44.4M in FY2025.
10-K for FY2025, filed Feb 25, 2026
−$48.1MView ↗
10-K for FY2025, filed Feb 25, 2026
−$44.4MView ↗
10-K for FY2025, filed Feb 25, 2026
−$18MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 5, 2026
−$8.7MView ↗
- ▼ −20% (Loss)
- vs −$10.8M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 5, 2026
Open tableView ↗
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Aug 5, 2026
Announced a unified litigation product and provided financial outlook
The AI-native application combines matter facts with U.S. case law; the release also gave revenue and adjusted EBITDA outlook for the third quarter and fiscal year.
Sources
8-K, filed Aug 5, 2026
Director Appointment: DISCO welcomed longtime information security expert and former Meta senior executive, Andre Mintz, to the Board of…View ↗
Growing. Revenue grew 37% in 4 years, from $114.3M in FY2021 to $156.8M in FY2025, about 8% a year.
Who Do They Compete With?
Competes with Consilio, Epiq Systems, KLDiscovery, Deloitte & Touche, Ernst and Young, KPMG, PricewaterhouseCoopers, Nuix, Open Text, Relativity, RELX, Thomson Reuters, Everlaw, and Reveal Data
10-K for FY2025, filed Feb 25, 2026Legal services providers. Competitors in this category include large dedicated legal services providers such as Consilio LLC, Epiq Systems…View ↗
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