LEGALZOOM.COM, INC.

Listed Company

LZCIK 0001286139NasdaqLarge AcceleratedServices-Computer Processing & Data PreparationDelawareFY ends Dec 31

Period

FY 2025

Revenue

$756.04M

Net Income

$15.43M

Total Assets

$511.52M

Equity

$171.88M

Shares Out

172.92M

Op. Cash Flow

$178.20M

Business

LegalZoom.com, Inc. operates an online platform that provides legal, compliance and business management services to individuals and small businesses to help them navigate the legal system. It offers transaction products such as business formation, corporate filings, intellectual property filings, estate planning documents and customizable legal forms, alongside subscription services including registered agent, compliance, attorney-advice plans, virtual mail, eSignature and bookkeeping. Key business components include its transaction and subscription offerings, an independent attorney network and an Arizona alternative business structure (ABS) supporting IP services. The company serves customers across all 50 U.S. states and over 3,000 U.S. counties through its websites, mobile apps and a partner ecosystem of third‑party service providers.

Summary from filing dated 2025-02-26

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	756	682	661	620	575
Cost of revenue	258	240	239	211	189
Gross profit	498	442	421	409	386
Sales and marketing	262	208	211	264	279
Technology and development	82	90	83	70	84
General and administrative	144	109	106	116	107
Gain on sale of assets held for sale	−14	0	0	—	—
Total operating expenses	473	406	400	451	471
Income from operations	25	36	21	−42	−85
Interest expense	−1	−446,000	−493,000	−260,000	—
Interest income	8	8	9	2	—
Other income, net	1	98,000	2	−4	1
Income before income taxes	32	43	31	−48	−120
Provision for income taxes	17	13	18	1	−11
Net income	15	30	14	−49	−109
Net income basic:	15	30	14	−49	−109
Net income diluted:	15	30	14	−49	−109
Net income per share basic (in dollars per share)	0.09	0.17	0.07	−0.25	−0.67
Net income per share diluted (in dollars per share)	0.08	0.16	0.07	−0.25	−0.67
Weighted-average shares used to compute net income per share basic (in shares)	179	180	190	196	161
Weighted-average shares used to compute net income per share diluted (in shares)	185	183	194	196	161

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2022 2022-09-30
Cash and cash equivalents	203	142	226	189	212
Accounts receivable, net of allowances of $2,281 and $2,121, respectively	21	9	12	13	14
Prepaid expenses and other current assets	18	18	15	17	16
Current assets held for sale	0	23	23	23	23
Total current assets	242	191	275	242	265
Property and equipment, net	58	60	48	31	—
Goodwill	141	63	63	63	63
Intangible assets, net	18	9	14	19	14
Operating lease right-of-use assets	13	7	9	11	12
Deferred income taxes	32	35	29	29	30
Available-for-sale debt security (amortized cost of $0 and $848), respectively	0	1	1	995,000	1
Other assets	7	8	9	9	13
Total assets	512	374	448	405	426
Accounts payable	27	31	32	25	26
Accrued expenses and other current liabilities	83	58	62	57	60
Deferred revenue	204	175	168	164	168
Operating lease liabilities	4	2	2	2	2
Total current liabilities	319	266	264	249	256
Operating lease liabilities, non-current	10	6	7	9	10
Deferred revenue	277,000	381,000	490,000	892,000	1
Other liabilities	11	9	8	4	3
Total liabilities	340	281	279	263	269
Commitments and contingencies	—	—	—	—	—
Preferred stock, $0.001 par value 100,000 shares authorized at December 31, 2025 and 2024, none issued or outstanding at December 31, 2025 and 2024	0	0	0	0	0
Common stock, $0.001 par value; 1,000,000 and 1,000,000 shares authorized; 177,624 and 173,619 shares issued and outstanding at December 31, 2025 and 2024, respectively	179,000	175,000	189,000	190,000	193,000
Additional paid-in capital	1,306	1,162	1,101	1,033	1,015
Accumulated deficit	−1,134	−1,069	−933	−892	−863
Accumulated other comprehensive income	181,000	861,000	232,000	1	4
Total stockholders equity	172	93	169	142	157
Total liabilities and stockholders equity	512	374	448	405	426

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	44	35	25	22	17
Amortization of debt issuance costs	210,000	227,000	227,000	227,000	1
Amortization of right-of-use assets	3	2	3	2	0
Stock-based compensation	114	72	66	80	113
Change in fair value of other equity security	−302,000	0	0	0	−2
Gain on sale of available-for-sale debt security	−758,000	0	0	—	—
Deferred income taxes	7	−5	5	−793,000	−12
Change in fair value of contingent consideration	0	0	−836,000	−150,000	0
Unrealized foreign exchange loss (gain)	75,000	648,000	−1	4	900,000
Non-cash interest expense	548,000	0	0	168,000	4,000
Other	293,000	0	−39,000	168,000	4,000
Accounts receivable	−12	3	1	−3	−2
Prepaid expenses and other current assets	−252,000	−3	2	−523,000	−5
Other assets	926,000	707,000	435,000	179,000	−4
Accounts payable	−4	−817,000	5	−7	2
Accrued expenses and other liabilities	7	−4	4	7	14
Operating lease liabilities	−3	−2	−2	−2	0
Income tax payable	255,000	−44,000	−4,000	28,000	−185,000
Deferred revenue	19	7	3	17	18
Net cash provided by operating activities	178	136	124	74	54
Acquisitions, net of cash acquired	−48	0	0	−3	−62
Purchase of property and equipment	−30	−36	−32	−22	−12
Proceeds from sale of available-for-sale debt securities	2	0	0	—	—
Proceeds from sale of assets held for sale	37	0	0	—	—
Other	0	0	38,000	0	0
Net cash used in investing activities	−40	−36	−32	−31	−78
Repayment of finance lease obligations	−2,000	−25,000	−35,000	−14,000	−31,000
Payment of debt issuance costs	−841,000	0	0	0	−767,000
Repurchase of common stock	−81	−165	−55	−95	0
Payment of share repurchase excise taxes and repurchase costs	−1	−169,000	−100,000	—	—
Shares surrendered for settlement of minimum statutory tax withholding	−40	−20	−10	−41,000	−2
Proceeds from issuance of stock under employee stock plans	46	2	8	2	2
Net cash used in financing activities	−77	−183	−56	−93	123
Effect of exchange rate changes on cash and cash equivalents	172,000	−313,000	34,000	−87,000	−11,000
Net increase (decrease) in cash and cash equivalents	61	−84	37	−50	100
Right of use assets obtained in exchange of operating lease liabilities (excluding right-of-use assets acquired as part of business acquisition)	6	803,000	63,000	8	0
Capitalized stock-based compensation	5	6	4	3	674,000
Purchase of property and equipment included in accounts payable and accrued expenses and other current liabilities	2	2	3	646,000	676,000
Issuance of common stock for acquisition consideration	20	0	0	—	—
Accrued stock repurchase excise tax	0	1	185,000	0	—
Acquisition related deferred consideration	13	0	0	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro