CS Disco demonstrated meaningful acceleration in both software and total revenue in the third quarter of 2025, with total revenue increasing by 13% year-over-year to $40.9 million. The company also significantly improved its Adjusted EBITDA and non-GAAP operating margin compared to the previous year.
Total revenue for Q3 2025 reached $40.9 million, marking a 13% increase year-over-year.
Net loss attributable to common stockholders was $13.665 million, or $0.22 per share.
Non-GAAP net loss attributable to common stockholders significantly improved to $0.552 million, or $0.01 per share, compared to $3.868 million, or $0.06 per share, in Q3 2024.
Adjusted EBITDA improved to a loss of $0.297 million, up from a loss of $4.503 million in the same period last year.
For the fourth quarter of 2025, DISCO expects total revenue between $40.0 million and $42.0 million, and Adjusted EBITDA between a loss of $3.0 million and a loss of $1.0 million. For the full fiscal year 2025, total revenue is projected to be between $155.7 million and $157.7 million, with Adjusted EBITDA between a loss of $11.1 million and a loss of $9.1 million.
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