Filing Flows › CS Disco (LAW) › Q1 2026
CS Disco (LAW) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
CS Disco (LAW) reported revenue of $41.9M for the first quarter 2026 (Q1 2026), +14% from a year earlier and +2% from the quarter before. Operating margin was -24.1%, net loss $9.6M (23.0% of revenue).
CS Disco, Q1 2026: revenue $41.9M (+14% year over year), operating margin -24.1%, net loss $9.6M, operating cash flow −$11.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $41.9M | +2% | +14% |
| Operating profit | −$10.1M | — | — |
| Net earnings | −$9.6M | — | — |
| Operating cash flow | −$11.7M | -1633% | — |
What changed
Revenue was $41.9M in Q1 2026, up 14% year over year and up 2% from the previous quarter. Software was the largest line at 83% of revenue. Software added $3.8M year over year (up 12%), 72% of the total change.
Gross margin was 74.2%, up 0.1 points from Q1 2025. Operating costs exceeded revenue by $10.1M, an operating margin of -24.1%. Operating expenses grew 4% against revenue growth of 14%. The fastest-growing cost line was Sales & marketing (+11%). The quarter ended with a net loss of $9.6M, wider than the previous quarter's $8.5M loss.
Operating cash flow was −$11.7M. Non-cash charges added back $1.0M of depreciation and amortization and $5.4M of share-based compensation. Working capital and other items used $8.5M. Capital expenditures of $700K exceeded it, leaving free cash flow of −$12.4M.
Questions
What was CS Disco's revenue in the first quarter 2026?
CS Disco (LAW) reported revenue of $41.9M for the first quarter 2026 (Q1 2026), +14% from a year earlier and +2% from the quarter before.
Was CS Disco profitable in the first quarter 2026?
Operating loss was $10.1M (-24.1% of revenue) and net loss $9.6M.
Source: CS Disco 10-Q on SEC EDGAR.