Business
DISCO Announces First Quarter 2026 Financial Results
AUSTIN, Texas, May 06, 2026--CS Disco, Inc. ("DISCO") (NYSE: LAW) today announced financial results for its first quarter ended March 31, 2026.
About this update from Cs Disco, Inc.
[{"type":"text","content":"Total Revenue of $41.9 Million, A Year over Year Increase of 14%","length":64,"tagName":"p","attribs":{}},{"type":"text","content":"AUSTIN, Texas, May 06, 2026--(BUSINESS WIRE)--CS Disco, Inc. ("DISCO") (NYSE: LAW) today announced financial results for its first quarter ended March 31, 2026.","length":170,"tagName":"p"},{"type":"text","content":""This was another quarter of strong execution with accelerating total revenue, customer growth, and progress towards profitability," said Eric Friedrichsen, CEO. "With the enthusiastic customer reception to our new all-inclusive DISCO platform and the excitement around our advanced agentic AI capabilities, our progress in the first quarter has helped further differentiate DISCO as a continued innovator in the industry and a clear leader in AI for litigation."","length":483,"tagName":"p"},{"type":"text","content":"First Quarter 2026 Financial Highlights:","length":40,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Software revenue was $34.7 million, up 12% compared to the first quarter of 2025.","length":81,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Total revenue was $41.9 million, up 14% compared to the first quarter of 2025.","length":78,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP net loss was $9.6 million, compared to $11.4 million in the first quarter of 2025.","length":87,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA was $(3.5) million, an improvement of 32% compared to $(5.1) million in the first quarter of 2025.","length":114,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":360,"olType":false},{"type":"text","content":"Recent Business Highlights:","length":27,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Director Appointment: DISCO welcomed AI SaaS veteran and current Paylocity Holding Corporation President and CEO, Toby Williams, to the Board of Directors in April 2026.","length":169,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Large Customers: DISCO grew to 347 customers with revenue in excess of $100,000 over the previous 12-month period as of March 31, 2026, a 9% increase compared to March 31, 2025.","length":177,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":t...