Cs Disco, Inc. ( (LAW) ) has released its Q2 earnings. Here is a breakdown of the information Cs Disco, Inc. presented to its investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
CS Disco, Inc., a leader in litigation technology, offers innovative cloud-native solutions to streamline legal processes for law firms and corporations. In its second quarter of 2025, DISCO reported a total revenue of $38.1 million, marking a 6% increase from the previous year, alongside a 12% rise in software revenue. Despite a consistent GAAP net loss of $10.8 million, the company improved its adjusted EBITDA to $(2.7) million from $(4.7) million in the same quarter last year.
Key highlights from the quarter include the expansion of DISCO’s Auto Review tool into the EU and UK, the launch of Searchable AV Transcriptions, and a significant 150% increase in the adoption of its Cecilia AI Platform for large-scale legal matters. These advancements underscore DISCO’s commitment to leveraging AI to enhance legal outcomes and efficiency.
The company also announced a transition in its executive team, with CFO Michael Lafair stepping down by the end of the year. Under his tenure, DISCO has grown from a startup to a public company, and the search for his successor is underway.
Looking ahead, DISCO projects third-quarter software revenue between $32.75 million and $33.75 million, with total revenue ranging from $37.5 million to $39.5 million. For the fiscal year 2025, the company anticipates software revenue between $128.0 million and $134.0 million and total revenue between $148.0 million and $158.0 million. These projections reflect DISCO’s strategic focus on expanding its market presence and continuing innovation in litigation technology.