Private company

KLDiscovery Inc.

American computer programming, data processing services company. Summary from the record

Last updated Oct 19, 2026.

Overview

  • IndustryServices-Computer Programming, Data Processing, Etc.2
  • HeadquartersWilmington, United States2
  • Incorporated inDE3
  • Business address9023 Columbine Road, Eden Prairie, Mn 553473
  • Filer category, Emerging growth company3
  • Legal formCorporation2
  • LEI549300ZSG089YPZ24F882
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered address251 LITTLE FALLS DRIVE, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 70016242

We solve complex legal, regulatory and data challenges for our clients around the world by leveraging our proprietary software and innovative technology-based solutions.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

50.3%Gross margin5
9.9%Operating margin5
-10.1%Net margin5
8.9%Revenue growth, 20235
-856.0%Return on equity5
134.46×Debt to equity5
-$9.3MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue50¢$171.9M
  • Research and development4¢$13.1M
  • Other costs26¢$91.1M
  • Interest19¢$66.7M
  • Income tax1¢$3.0M

Out of $345.8M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

  • Capital spending100¢$14.3M

Out of $5.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue67895$345.8M in 2023+17% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $296.3M$296.3M20182019: $312.1M$312.1M2019+5%2020: $289.5M$289.5M2020−7%2021: $320.5M$320.5M2021+11%2022: $317.4M$317.4M2022−1%2023: $345.8M$345.8M2023+9%
Gross profit67895$173.9M in 2023+27% since 2018
0$50.0M$100.0M$150.0M$200.0M2018: $136.7M$136.7M20182019: $151.2M$151.2M2019+11%2020: $141.8M$141.8M2020−6%2021: $156.5M$156.5M2021+10%2022: $152.0M$152.0M2022−3%2023: $173.9M$173.9M2023+14%
Operating income67895$34.3M in 2023
-$40.0M-$20.0M0$20.0M$40.0M2018: -$24.9M-$24.9M20182019: $2.6M$2.6M20192020: $1.8M$1.8M2020−31%2021: -$5.3M-$5.3M20212022: $12.0M$12.0M20222023: $34.3M$34.3M2023+185%
Net income67895-$34.8M in 2023−49% since 2018
-$80.0M-$60.0M-$40.0M-$20.0M02018: -$67.7M-$67.7M20182019: -$54.0M-$54.0M2019−20%2020: -$49.9M-$49.9M2020−8%2021: -$60.5M-$60.5M2021+21%2022: -$43.2M-$43.2M2022−29%2023: -$34.8M-$34.8M2023−19%
Fiscal year2017201820192020202120222023
Revenue$296.3M6$312.1M7$289.5M8$320.5M9$317.4M5$345.8M5
Cost of revenue$159.6M6$160.8M7$147.7M8$164.0M9$165.5M5$171.9M5
Gross profit$136.7M6$151.2M7$141.8M8$156.5M9$152.0M5$173.9M5
Research and development$7.1M6$5.9M7$7.2M8$10.3M9$13.5M5$13.1M5
Operating expenses$161.8M9$139.9M5$139.6M5
Operating income-$24.9M6$2.6M7$1.8M8-$5.3M9$12.0M5$34.3M5
Interest$46.6M6$48.4M7$50.7M8$50.4M9$54.6M5$66.7M5
Income before tax-$61.0M9-$41.5M5-$31.9M5
Income tax-$3.7M6$719.0K7$936.0K8-$447.0K9$1.7M5$3.0M5
Net income-$67.7M6-$54.0M7-$49.9M8-$60.5M9-$43.2M5-$34.8M5
Earnings per share-$1.686-$1.277-$1.178-$1.429-$1.015-$0.815
Earnings per share (diluted)-$1.686-$1.277-$1.178-$1.429-$1.015-$0.815
Shares (weighted, basic)42.6M shares942.7M shares543.0M shares5
Shares (weighted, diluted)42.6M shares942.7M shares543.0M shares5

Compare KLDiscovery Inc. with another company

Leadership

Who has led KLDiscovery Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (14)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerAndrew L. Southam named Mar 26, 202628
  • Executive OfficerBarry L. Capoot named Mar 26, 202628
  • Executive OfficerJulian L. Merschen named Mar 26, 202628
  • Executive OfficerLou F. Paglia named Mar 26, 202628
  • Executive OfficerMary L. Miller named Mar 26, 202628
  • Executive OfficerSamantha L. Wormington named Mar 26, 202628
  • Executive OfficerDanny M. Zambito named Oct 5, 202329
  • DirectorAndrew L. Shimek named Mar 26, 202628
  • DirectorAntony F. Waszkiewicz named Mar 26, 202628
  • DirectorChristopher F. Stone named Mar 26, 202628
  • DirectorDale F. Stohr named Mar 26, 202628
  • DirectorLee F. Sienna named Mar 26, 202628
  • DirectorMichael Suchsland named Mar 26, 202628
  • DirectorLloyd W. Howell Jr. named Oct 5, 202329
  • DirectorRichard J. Williams named Oct 5, 202329
  • DirectorTanenbaum B. Lauren named Oct 5, 202329

Former names

  • Pivotal Acquisition CorpSep 14, 2018 to Dec 23, 20193

Timeline

  1. Dec 23, 2019New chief executive Christopher Weiler becomes CEO12
  2. Aug 2, 2018Founded KLDiscovery Inc. is founded2

Filings

72 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 33 major events, 4 large holders, 3 private raises, 20 other. The latest 20:

  1. Mar 26, 2026D/A EDGAR
  2. Dec 3, 2024D EDGAR
  3. Oct 3, 202415-12G EDGAR
  4. Sep 25, 2024EFFECT EDGAR
  5. Sep 24, 2024S-8 POS EDGAR
  6. Sep 24, 2024S-8 POS EDGAR
  7. Sep 24, 2024POS AM EDGAR
  8. Aug 15, 20248-K/A EDGAR
  9. Aug 15, 20248-K EDGAR
  10. Aug 8, 202410-Q EDGAR
  11. Aug 8, 20248-K EDGAR
  12. Jul 25, 20248-K EDGAR
  13. Jul 8, 20248-K EDGAR
  14. Jul 2, 20248-K EDGAR
  15. Jun 18, 20248-K EDGAR
  16. Jun 14, 20248-K EDGAR
  17. May 9, 202410-Q EDGAR
  18. May 9, 2024DEFA14A EDGAR
  19. May 8, 20248-K EDGAR
  20. May 2, 20248-K EDGAR

The 72 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Nov 19, 2024Raised $33.7 million in a private offering of equity Form D: 27 investors so far Form D
  2. Jan 20, 2020Raised $303,961 in a private offering of equity Form D: 10 investors so far Form D

Sources

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