LegalZoom.com, Inc.
NASDAQ•LZ
CEO: Mr. Noel B. Watson
Sector: Industrials
Industry: Specialty Business Services
Listing Date: 2021-06-30
LegalZoom.com, Inc., together with its subsidiaries, operates an online platform that supports the legal, compliance, and business management needs of small businesses and consumers in the United States. The company's platform offers business formation products, such as limited liability company, incorporation of C and S corporations, nonprofit formations, doing-business-as, corporate changes and filings, business licenses, legal forms, and beneficial ownership information reports; intellectual property products consisting of trademark and patent applications, and copyright registrations; and tax services, including business and personal tax preparations. It also provides consumer, estate planning, and other services comprising last will and testament, living will, living trust, power of attorney, and name change. In addition, the company offers subscriptions services, including registered agent, compliance, attorney advice, tax advice and preparation, eSignature, virtual mail and check deposit services, trademark monitoring, and estate planning bundle. The company was incorporated in 1999 and is headquartered in Mountain View, California.
Contact Information
Market Cap
$1.12B
P/E (TTM)
72.5
34.9
Dividend Yield
--
52W High
$12.40
52W Low
$6.14
52W Range
Rank50Top 68.9%
3.1
F-Score
Modified Piotroski Analysis
Based on 9-year fundamentals
Weak • 3.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2017-2025
Financial Dashboard
Q4 2025 Data
Revenue
$190.27M+0.00%
4-Quarter Trend
EPS
$0.03+0.00%
4-Quarter Trend
FCF
$28.00M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Total Revenue Growth Total revenue reached $756.04M, up 11%, driven primarily by subscription revenue growth across the entire ecosystem.
Subscription Revenue Strength Subscription revenue grew 13% to $492.46M, now representing 65% of total revenue base for the year.
Free Cash Flow Improvement Free cash flow increased $48.0M to $147.92M, reflecting improved operating cash generation and lower capital expenditures.
Subscription Base Expansion Subscription units grew 10% year-end to 1.94M units, supported by bundling and Formation Nation acquisition.
Risk Factors
Formation Dependence Risk Business relies on new formations; overall U.S. formations grew 9%, but platform growth depends on customer conversion rates.
History of Net Losses History of net losses persists; accumulated deficit reached ($1.13B) as sustaining profitability remains a key future challenge.
AI Compliance and Litigation AI integration presents compliance and reputational risks; regulatory framework uncertainty may increase costs and litigation exposure.
High Stock-Based Costs Total stock-based compensation expense rose sharply to $113.71M in 2025, significantly exceeding the $71.51M recorded last year.
Outlook
Optimize Subscription Offerings Strategy focuses on optimizing subscription products to enhance customer lifetime value and accelerate long-term recurring revenue growth.
Leverage AI for Efficiency Investing in AI tools across workflows to drive efficiency, reduce manual fulfillment time, and support more customers effectively.
Diversify Customer Acquisition Diversifying customer acquisition mix beyond historical focus on initial business formation transactions for broader market reach.
Integrate Formation Nation Integrating Formation Nation to expand high-value DIFM offerings, supporting strategy to deliver expertise-driven solutions over time.
Peer Comparison
Revenue (TTM)
$9.06B
$6.81B
$4.48B
Gross Margin (Latest Quarter)
67.6%
55.1%
45.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| CMBT | $3.03B | 10.8 | 27.2% | 66.2% |
| AMPX | $2.35B | -54.0 | -49.7% | 25.4% |
| VVX | $2.21B | 28.8 | 7.3% | 34.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.3%
Moderate Growth
4Q Net Income CAGR
5.7%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 5, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data