CS Disco, Inc.

CS Disco, Inc. earnings

LAW

21 quarterly earnings reports from Q2 FY2021 to Q2 FY2026: Summary, reported figures, guidance, risks and SaaS KPIs.

Quarterly reports

Q2 FY2026
Quarter ended Jun 2026

CS Disco reported second quarter fiscal 2026 revenue of $43.15 million, up 13.2% from the prior-year quarter. Gross profit rose 13.0% to $32.11 million. Gross margin slipped to 74.4%, down 0.2 percentage points. Year-to-date revenue reached $85.03 million, up 13.7%.

3 KPIs6 guidance items12 risks
$43.1M
Revenue · +13.2% YoY
Op. margin -21.4%
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Q1 FY2026
Quarter ended Mar 2026

CS Disco reported first quarter fiscal 2026 total revenue of $41.88 million, up 14.3% from $36.65 million in the prior-year quarter. Gross profit rose 14.5% to $31.08 million from $27.15 million. Gross margin was 74.2%, up 0.1 percentage point from 74.1%.

3 KPIs6 guidance items7 risks
$41.9M
Revenue · +14.3% YoY
Op. margin -24.1%
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Q4 FY2025
Quarter ended Dec 2025

CS Disco reported fourth quarter revenue of $41.2 million, up 11.3% from the prior-year quarter. Full-year revenue was $156.8 million, up 8.3%. Gross profit rose 12.7% to $30.9 million in the quarter, and full-year gross profit rose 9.3% to $117.4 million. Gross margin was 75.1%, up 0.9 percentage points.

6 KPIs6 guidance items13 risks
$41.2M
Revenue · +11.3% YoY
Op. margin -22.4%
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Q3 FY2025
Quarter ended Sep 2025

CS Disco reported third-quarter revenue of $40.9 million, up 13% from the prior-year quarter. For the nine months, revenue was $115.7 million, up 7.3% from the prior-year period. Gross profit rose 16.5% to $30.9 million in the quarter. Nine-month gross profit was $86.5 million, up 8.2%.

3 KPIs6 guidance items10 risks
$40.9M
Revenue · +12.8% YoY
Op. margin -35.3%
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Q2 FY2025
Quarter ended Jun 2025

CS Disco reported second quarter fiscal 2025 revenue of $38.1 million, up 6% from $36.0 million in the prior-year quarter. Software revenue grew at a double-digit rate, while services revenue declined on lower managed review activity.

2 KPIs6 guidance items10 risks
$38.1M
Revenue · +5.8% YoY
Op. margin -31.0%
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Q1 FY2025
Quarter ended Mar 2025

DISCO reported first quarter 2025 total revenue of $36.65 million, up 3.0% from $35.57 million in the first quarter of 2024. Gross profit rose 1.6% to $27.15 million from $26.72 million. Gross margin slipped to 74.1% from 75.1%. The company remained unprofitable.

4 KPIs6 guidance items10 risks
$36.7M
Revenue · +3.0% YoY
Op. margin -34.4%
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Q4 FY2024
Quarter ended Dec 2024

DISCO reported fourth-quarter fiscal 2024 total revenue of $37.0 million, up 3.5% from the prior-year quarter. Gross profit was $27.5 million, up 1.5%. Gross margin slipped to 74.2%, down 1.4 percentage points. The operating loss widened to $26.1 million. Net loss widened to $25.2 million.

7 KPIs6 guidance items12 risks
$37.0M
Revenue · +3.5% YoY
Op. margin -70.6%
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Q3 FY2024
Quarter ended Sep 2024

CS Disco reported third quarter revenue of $36.27 million, up 3.8% from the prior-year quarter. Gross profit was $26.53 million, up 2.0%. Gross margin slipped to 73.1%, down 1.3 percentage points. Operating margin was negative 30.0%, down 21.7 percentage points.

3 KPIs6 guidance items12 risks
$36.3M
Revenue · +3.8% YoY
Op. margin -30.0%
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Q2 FY2024
Quarter ended Jun 2024

CS Disco reported $36.00 million of total revenue for its fiscal 2024 second quarter, up 5.0% from the prior-year quarter. Gross profit rose 5.9% to $26.72 million, and gross margin reached 74.2%, up 0.6 percentage points from 73.6%.

8 KPIs6 guidance items13 risks
$36.0M
Revenue · +5.0% YoY
Op. margin -34.4%
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Q1 FY2024
Quarter ended Mar 2024

CS Disco posted revenue of $35.57 million for the quarter ended March 31, 2024, up 7.4% from $33.13 million in the prior-year quarter. Software revenue rose 9% year over year, and the company called it the fourth consecutive quarter of year-over-year revenue growth.

5 KPIs6 guidance items10 risks
$35.6M
Revenue · +7.4% YoY
Op. margin -34.7%
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Q4 FY2023
Quarter ended Dec 2023

DISCO's fiscal 2023 fourth quarter showed better profitability on a year-over-year basis. Revenue rose 9.9% to $35.7 million. Gross profit increased 10.6% to $27.0 million. Gross margin was 75.7%, up 0.5 percentage points. The operating loss narrowed 61.7% to $7.7 million.

5 KPIs4 guidance items14 risks
$35.7M
Revenue · +9.8% YoY
Op. margin -21.5%
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Q3 FY2023
Quarter ended Sep 2023

CS Disco reported third quarter fiscal 2023 revenue of $34.9 million, up 1% from the prior-year quarter. Gross profit was $26.0 million, up 0.6%, while gross margin slipped to 74.4%, down 0.5 percentage points. The operating loss narrowed to $2.9 million from $20.1 million a year earlier.

6 KPIs4 guidance items8 risks
$34.9M
Revenue · +1.4% YoY
Op. margin -8.3%
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Q2 FY2023
Quarter ended Jun 2023

CS Disco reported second quarter revenue of $34.3 million, up 1.7% from $33.7 million in the prior-year quarter. New customers added since June 30, 2022 contributed $5.2 million, but that gain was mostly offset by a $4.7 million decline from customers that existed as of June 30, 2022.

5 KPIs4 guidance items12 risks
$34.3M
Revenue · +1.7% YoY
Op. margin -49.6%
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Q1 FY2023
Quarter ended Mar 2023

CS Disco reported first quarter fiscal 2023 revenue of $33.1 million, down 3.9% from the prior-year quarter. Gross profit was $24.85 million, down 2.5%, and gross margin improved to 75.0% from 74.0%.

5 KPIs4 guidance items12 risks
$33.1M
Revenue · -3.9% YoY
Op. margin -67.3%
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Q4 FY2022
Quarter ended Dec 2022

DISCO's fiscal 2022 fourth quarter showed a revenue decline and a much wider loss. Revenue was $32.54 million for the quarter, down 3.8% from the prior-year quarter. Gross profit was $24.47 million, down 2.2%. Gross margin was 75.2%, up 1.2 percentage points.

5 KPIs1 guidance items10 risks
$32.5M
Revenue · -3.8% YoY
Op. margin -61.5%
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Q3 FY2022
Quarter ended Sep 2022

CS Disco reported third-quarter revenue of $34.5 million, up 15.5% from the prior-year quarter. Year-to-date revenue reached $102.7 million, up 27.5%. Gross profit was $25.8 million for the quarter, up 17.3%, and gross margin improved to 75.0%, up 1.2 percentage points.

5 KPIs2 guidance items9 risks
$34.5M
Revenue · +15.5% YoY
Op. margin -58.2%
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Q2 FY2022
Quarter ended Jun 2022

DISCO reported second quarter fiscal 2022 revenue of $33.7 million, up 14.1% from the prior-year quarter. Gross profit was $25.2 million, up 21.0%. Gross margin reached 74.8%, up 4.2 percentage points. The top line grew, but the bottom line deteriorated.

5 KPIs4 guidance items15 risks
$33.7M
Revenue · +14.1% YoY
Op. margin -59.2%
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Q1 FY2022
Quarter ended Mar 2022

CS Disco reported first-quarter revenue of $34.5 million, up 63% from the prior-year quarter. Gross profit rose 66% to $25.5 million. Gross margin was 74.0%, up 1.4 percentage points. Non-GAAP gross margin was 74%, compared with 73%.

7 KPIs6 guidance items12 risks
$34.5M
Revenue
Op. margin -34.1%
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Q4 FY2021
Quarter ended Dec 2021

CS Disco closed fiscal 2021 with rapid top-line growth but wider losses. Fourth-quarter revenue was $33.8 million, up 76% from the fourth quarter of 2020. Full-year revenue was $114.3 million, up 67% from fiscal 2020. Gross profit was $25.0 million in the quarter, up 80.8%, and $83.2 million for the year, up 73.4%.

8 KPIs6 guidance items16 risks
$33.8M
Revenue
Op. margin -26.5%
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Q3 FY2021
Quarter ended Sep 2021

DISCO reported third quarter fiscal 2021 revenue of $29.9 million, up 67% from the prior-year quarter. Gross profit was $22.0 million, up 78.5%, and gross margin reached 73.8%, up 4.7 percentage points.

4 KPIs4 guidance items15 risks
$29.9M
Revenue
Op. margin -30.4%
Read report →
Q2 FY2021
Quarter ended Jun 2021

DISCO reported $29.5 million of revenue for its fiscal 2021 second quarter, up 88% from the prior-year quarter. Gross profit rose 85.9% to $20.9 million. Gross margin was 70.6%, down 0.8 percentage points from 71.3%. The operating loss narrowed 44.1% to $3.0 million. Net loss narrowed 43.7% to $3.1 million.

1 KPIs13 risks
$29.5M
Revenue
Op. margin -10.1%
Read report →

Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.