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LZ

LegalZoom.com, Inc.

LZ

LegalZoom.com, Inc. • NASDAQ
$9.33 ▲ 0.21% (+0.02)
Market Cap $1.66 B
52w High $12.40
52w Low $6.47
Dividend Yield 0%
P/E 77.75
Volume 403.87K
Outstanding Shares 177.74M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $190.158M ▼ $121.394M ▼ $4.509M ▲ 2.371% ▲ $0.03 ▲ $19.903M ▲
Q2-2025 $192.509M ▲ $128.211M ▲ $-266K ▼ -0.138% ▼ $-0.002 ▼ $11.826M ▼
Q1-2025 $183.11M ▲ $107.584M ▲ $5.127M ▼ 2.8% ▼ $0.029 ▼ $21.82M ▼
Q4-2024 $161.706M ▼ $95.21M ▼ $12.854M ▲ 7.949% ▲ $0.07 ▲ $22.587M ▼
Q3-2024 $168.599M $97.615M $11.051M 6.555% $0.063 $29.029M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $237.154M ▲ $551.104M ▲ $349.183M ▲ $201.921M ▲
Q2-2025 $217.035M ▲ $543.03M ▲ $348.978M ▲ $194.052M ▲
Q1-2025 $209.973M ▲ $532.666M ▲ $345.454M ▲ $187.212M ▲
Q4-2024 $142.064M ▲ $373.883M ▲ $280.626M ▼ $93.257M ▲
Q3-2024 $112.477M $348.841M $288.703M $60.138M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $4.509M ▲ $54.226M ▲ $-7.236M ▼ $-26.831M ▼ $20.119M ▲ $46.99M ▲
Q2-2025 $-266K ▼ $39.139M ▼ $-6.368M ▲ $-25.804M ▼ $7.062M ▼ $31.609M ▼
Q1-2025 $5.127M ▼ $50.703M ▲ $-20.45M ▼ $37.604M ▲ $67.909M ▲ $41.325M ▲
Q4-2024 $12.854M ▲ $42.586M ▲ $-6.707M ▲ $-5.953M ▲ $29.587M ▲ $35.879M ▲
Q3-2024 $11.051M $31.613M $-9.638M $-28.351M $-6.318M $21.975M

Revenue by Products

Product Q2-2011Q1-2025Q2-2025Q3-2025
Reportable Segment
Reportable Segment
 $0 ▲$180.00M ▲$190.00M ▲$190.00M ▲
Lubrizol Additives
Lubrizol Additives
 $1.20Bn ▲$0 ▼$0 ▲$0 ▲
Lubrizol Advanced Materials
Lubrizol Advanced Materials
 $430.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has climbed steadily over the past several years, though the pace of growth has started to moderate. Profitability dipped into the red around the IPO period, but the business has since worked its way back to modest operating and net profits. Margins are not yet high, but the direction is positive: gross profits have improved and operating results have shifted from losses to consistent, if still relatively thin, earnings. Overall, the income statement shows a business that has moved from an investment-heavy phase toward more disciplined, profitable operations, but still with room to strengthen margins further.

Balance Sheet

Balance Sheet The balance sheet shows a company that used to be more leveraged but now carries very little financial debt. Cash levels remain solid, though they have come down from prior peaks as the company has invested in growth and operations. Shareholders’ equity turned positive after the IPO but has narrowed more recently, suggesting limited balance-sheet cushion. In simple terms, LegalZoom looks reasonably de‑risked from a borrowing standpoint, with a light debt load and decent liquidity, but it does not have an especially thick capital buffer and will benefit from continued profit growth to reinforce its equity base.

Cash Flow

Cash Flow Cash generation is a relative strength. Operating cash flow has been positive every year and has grown meaningfully over time, indicating that the core business converts a good share of its activity into cash. Free cash flow has followed the same pattern, even as the company gradually increased spending on technology and infrastructure. Capital expenditure needs remain modest, so most cash produced is not being consumed by heavy investment in physical assets. This profile gives LegalZoom flexibility to keep funding product development, marketing, and selective deals without relying heavily on new borrowing.

Competitive Edge

Competitive Edge LegalZoom occupies a leading position in online legal services, helped by a long operating history, strong brand recognition, and deep experience with complex state-level regulations. Its one‑stop platform for business formation, compliance, intellectual property, and estate planning creates convenience and makes it harder for customers to switch once they are onboard. The large network of independent attorneys and a growing base of subscription customers add further stickiness and scale advantages. Competition remains active—from both online rivals and traditional law firms—but LegalZoom’s brand, regulatory know‑how, and scale give it meaningful defenses that new entrants will struggle to replicate quickly.

Innovation and R&D

Innovation and R&D The company’s edge is heavily tied to its technology. It has invested for years in automating document creation, streamlining workflows, and integrating a broad set of legal and business services into a single platform. Recent moves include deeper subscription offerings, an expanded intellectual property suite including patent-related services, and a stronger focus on ongoing advisory support rather than just one‑off transactions. Looking ahead, the largest innovation levers appear to be using artificial intelligence to personalize and automate more of the legal process, broadening bundled services for small businesses, selective acquisitions to fill product gaps, and, potentially, longer-term international expansion. These efforts aim to lift customer lifetime value and margins over time, though execution risks and regulatory complexity remain important watchpoints.

Summary

LegalZoom has transitioned from an earlier period of losses and heavy investment to a more balanced phase of steady revenue growth, improving profitability, and consistently positive cash flow. The balance sheet carries little debt and reasonable cash, but not a large equity cushion, which keeps continued profit improvement important. Competitively, the company benefits from a strong brand, regulatory expertise, and a scaled platform that supports subscription and advisory offerings, giving it a defensible position in online legal services. Its strategy leans heavily on technology, subscriptions, and new services such as expanded IP and potential AI tools. Overall, the story is one of a maturing digital legal platform with solid cash generation and clear competitive strengths, still working to deepen its moat and expand margins in a competitive and regulated market.

NEWS

November 19, 2025 · 9:00 AM UTC

LegalZoom Announces Upcoming Conference Participation

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November 5, 2025 · 4:01 PM UTC

LegalZoom Reports Strong Third Quarter 2025 Financial Results, Again Raises 2025 Revenue Growth Expectations

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October 30, 2025 · 8:00 AM UTC

LegalZoom Announces Partnership with Design.com to Empower Small Businesses to Build and Protect Their Brand

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October 22, 2025 · 8:00 AM UTC

LegalZoom Launches Embedded Legal Services Flow, Making It Easy for Partners to Provide Additional Value to Their Customers

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October 15, 2025 · 4:05 PM UTC

LegalZoom to Announce Third Quarter 2025 Financial Results on Wednesday, November 5, 2025

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