The Filing Desk

CS Disco vs Telos

CS Disco LAW · Telos TLS · Application Software

Telos reported revenue of $165 million in fiscal 2025, about the same as CS Disco's $157 million in fiscal 2025. CS Disco's revenue grew 8.3% in its latest year, and Telos' grew 52.2%. CS Disco had an operating margin of -30.7%, against -24.2% at Telos. Free cash flow was −$18 million at CS Disco and $29 million at Telos.

Side by side

CS DiscoTelos
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$157M$165M
Revenue growth8.3%52.2%
Revenue growth a year, last 5 years18.0%−1.7%
Gross margin74.9%37.0%
Operating margin−30.7%−24.2%
Net margin−28.3%−22.2%
Free cash flow−$18M$29M
Free cash flow margin−11.5%17.9%
Return on capital——
Net debt to EBITDA——
Dividends and buybacks$0M$14M
Change in diluted share count2.5%1.4%
Last close$5.66$4.82
P/E at the last close——
Insider trades, last 12 months—sold $9.9 million
Piotroski F-score——
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
CS DiscoTelos
Operating margin
Percent of revenue
CS DiscoTelos
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CS DiscoTelos

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the CS Disco and Telos pages.