CS Disco Inc. Common Stock Earnings Recaps
Q3 2025
Nov 6, 2025
CS Disco reported strong Q3 results for fiscal year 2025, with total revenue rising 13% to $40.9 million, driven by substantial growth in software revenue and improved operational metrics.
Key takeaways
- Software revenue increased by 17% year-over-year, exceeding guidance.
- Adjusted EBITDA improved by $4.2 million year-over-year, narrowing losses to negative $297,000.
- Customer base expanded, with 326 clients contributing over $100,000 each, accounting for 76% of total revenue.
- Adoption of generative AI tools, such as Cecilia AI, tripled, indicating strong market traction.
- IDC recognized DISCO as a leader in the eDiscovery software market, reinforcing its competitive positioning in handling large, complex legal matters.