CS Disco Q2 revenue beats estimates on product expansion

CS Disco

05/08/2026 12:25

Overview
Litigation technology provider's Q2 revenue rose 13% yr/yr, beating analyst expectations
Adjusted loss per share for Q2 met analyst expectations
Company launched unified litigation solution and grew large customer base by 10%

Outlook
Company sees Q3 software revenue between $38.1 mln and $39.1 mln
Company expects Q3 total revenue of $43.75 mln to $45.75 mln
Company forecasts full-year total revenue of $172 mln to $179 mln

Result Drivers
LARGE CUSTOMERS - Co said it deepened relationships with largest customers and grew number of customers with over $100,000 in annual revenue by 10%
PRODUCT EXPANSION - Co launched unified litigation solution aimed at providing full-stack litigation capabilities

Company press release: ID:nBw2mK2X6a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$43.15 mln
$42.67 mln (3 Analysts)
Q2 Adjusted Loss Per Share
Meet
$0.06
$0.06 (3 Analysts)
Q2 Loss Per Share
 
$0.13
 
Q2 Net Loss
 
$8.66 mln
 
Q2 Gross Profit
 
$32.11 mln
 
Q2 Operating Expenses
 
$41.33 mln
 
Q2 Operating Income
 
-$9.22 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for CS Disco, Inc. is $6.00, about 43.9% above its August 4 closing price of $4.17

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)