Legalzoom.com, Inc.
LZ Nasdaq Services-Computer Processing & Data Preparation Financials FY2019–FY2025
Revenue
Total sales reported in the income statement.
$756M
10.9%
vs prior year
Operating margin
Operating income as a share of revenue.
3.3%
1.9 pts
Net income
Profit after all expenses, interest and tax.
$15.4M
48.5%
Free cash flow
Cash from operations minus capital spending.
$148M
48.0%
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
—
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On $0.09 EPS (TTM)
What Legalzoom.com, Inc. does
No business description yet.
- Legal name
- LEGALZOOM.COM, INC.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 23, 2026
- Accession · CIK
- 0001286139-26-000012
0001286139
Revenue and margins
Legalzoom.com, Inc. had $756M of revenue in fiscal 2025, up 10.9% on the year before.
FY19
Revenue $408M
FY20
Revenue $471M
FY21
Revenue $575M
FY22
Revenue $620M
FY23
Revenue $661M
FY24
Revenue $682M
FY25
Revenue $756M
Q3 '23
Revenue $167M
Q4 '23
Revenue $159M
Q1 '24
Revenue $174M
Q2 '24
Revenue $177M
Q3 '24
Revenue $169M
Q4 '24
Revenue $162M
Q1 '25
Revenue $183M
Q2 '25
Revenue $193M
Q3 '25
Revenue $190M
Q4 '25
Revenue $190M
Q1 '26
Revenue $207M
Q2 '26
Revenue $205M
FY19
Gross 66.5%
Operating 11.3%
Net 1.8%
FCF 8.4%
FY20
Gross 67.2%
Operating 10.4%
Net 2.1%
FCF 17.5%
FY21
Gross 67.1%
Operating −14.8%
Net −18.9%
FCF 7.4%
FY22
Gross 66.0%
Operating −6.7%
Net −7.9%
FCF 8.3%
FY23
Gross 63.8%
Operating 3.2%
Net 2.1%
FCF 14.0%
FY24
Gross 64.8%
Operating 5.2%
Net 4.4%
FCF 14.7%
FY25
Gross 65.9%
Operating 3.3%
Net 2.0%
FCF 19.6%
Gross
Operating
Net
FCF
Q3 '23
Gross 64.6%
Operating 6.1%
Net 4.5%
FCF 11.6%
Q4 '23
Gross 64.8%
Operating 4.3%
Net 4.7%
FCF 8.9%
Q1 '24
Gross 60.7%
Operating 2.9%
Net 2.7%
FCF 14.2%
Q2 '24
Gross 64.1%
Operating 0.6%
Net 0.7%
FCF 9.8%
Q3 '24
Gross 67.5%
Operating 9.6%
Net 6.6%
FCF 13.0%
Q4 '24
Gross 67.0%
Operating 8.1%
Net 7.9%
FCF 22.2%
Q1 '25
Gross 63.7%
Operating 4.9%
Net 2.8%
FCF 22.6%
Q2 '25
Gross 65.0%
Operating −1.6%
Net −0.1%
FCF 16.4%
Q3 '25
Gross 67.3%
Operating 3.4%
Net 2.4%
FCF 24.7%
Q4 '25
Gross 67.6%
Operating 6.6%
Net 3.2%
FCF 14.7%
Q1 '26
Gross 64.0%
Operating 1.3%
Net 0.5%
FCF 19.8%
Q2 '26
Gross 68.2%
Operating 5.2%
Net 2.5%
FCF 16.4%
Gross
Operating
Net
FCF
Net income and earnings per share
From fiscal 2019 to 2025, diluted EPS grew 12.2% a year. Loss periods are shown in red.
FY19
Net income $7.4M
FY20
Net income $9.9M
FY21
Net income −$109M
FY22
Net income −$48.7M
FY23
Net income $14.0M
FY24
Net income $30.0M
FY25
Net income $15.4M
Q3 '23
Net income $7.5M
Q4 '23
Net income $7.4M
Q1 '24
Net income $4.7M
Q2 '24
Net income $1.3M
Q3 '24
Net income $11.1M
Q4 '24
Net income $12.9M
Q1 '25
Net income $5.1M
Q2 '25
Net income −$0.3M
Q3 '25
Net income $4.5M
Q4 '25
Net income $6.1M
Q1 '26
Net income $1.1M
Q2 '26
Net income $5.2M
FY19
Diluted EPS $0.04
FY20
Diluted EPS $0.06
FY21
Diluted EPS −$0.67
FY22
Diluted EPS −$0.25
FY23
Diluted EPS $0.07
FY24
Diluted EPS $0.16
FY25
Diluted EPS $0.08
Q3 '23
Diluted EPS $0.04
Q4 '23
Diluted EPS $0.03
Q1 '24
Diluted EPS $0.02
Q2 '24
Diluted EPS $0.01
Q3 '24
Diluted EPS $0.06
Q4 '24
Diluted EPS $0.07
Q1 '25
Diluted EPS $0.03
Q2 '25
Diluted EPS $0.00
Q3 '25
Diluted EPS $0.02
Q4 '25
Diluted EPS $0.03
Q1 '26
Diluted EPS $0.01
Q2 '26
Diluted EPS $0.03
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY19
Return on capital —
Return on equity —
Return on assets —
FY20
Return on capital —
Return on equity —
Return on assets 3.9%
FY21
Return on capital —
Return on equity —
Return on assets −31.8%
FY22
Return on capital —
Return on equity −28.7%
Return on assets −11.7%
FY23
Return on capital —
Return on equity 9.0%
Return on assets 3.3%
FY24
Return on capital —
Return on equity 22.9%
Return on assets 7.3%
FY25
Return on capital —
Return on equity 11.6%
Return on assets 3.5%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was $148M in fiscal 2025, 19.6% of revenue. Cash from operations minus capital spending.
FY19
Free cash flow $34.3M
FY20
Free cash flow $82.5M
FY21
Free cash flow $42.4M
FY22
Free cash flow $51.7M
FY23
Free cash flow $92.7M
FY24
Free cash flow $99.9M
FY25
Free cash flow $148M
Q3 '23
Free cash flow $19.4M
Q4 '23
Free cash flow $14.1M
Q1 '24
Free cash flow $24.7M
Q2 '24
Free cash flow $17.4M
Q3 '24
Free cash flow $22.0M
Q4 '24
Free cash flow $35.9M
Q1 '25
Free cash flow $41.3M
Q2 '25
Free cash flow $31.6M
Q3 '25
Free cash flow $47.0M
Q4 '25
Free cash flow $28.0M
Q1 '26
Free cash flow $41.0M
Q2 '26
Free cash flow $33.7M
FY19
Cash from operations $52.7M
Capital spending $18.3M
FY20
Cash from operations $93.0M
Capital spending $10.6M
FY21
Cash from operations $54.2M
Capital spending $11.7M
FY22
Cash from operations $73.8M
Capital spending $22.1M
FY23
Cash from operations $124M
Capital spending $31.6M
FY24
Cash from operations $136M
Capital spending $35.7M
FY25
Cash from operations $178M
Capital spending $30.3M
Cash from operations
Capital spending
Q3 '23
Cash from operations $27.4M
Capital spending $8.0M
Q4 '23
Cash from operations $22.5M
Capital spending $8.4M
Q1 '24
Cash from operations $34.2M
Capital spending $9.5M
Q2 '24
Cash from operations $27.2M
Capital spending $9.9M
Q3 '24
Cash from operations $31.6M
Capital spending $9.6M
Q4 '24
Cash from operations $42.6M
Capital spending $6.7M
Q1 '25
Cash from operations $50.7M
Capital spending $9.4M
Q2 '25
Cash from operations $39.1M
Capital spending $7.5M
Q3 '25
Cash from operations $54.2M
Capital spending $7.2M
Q4 '25
Cash from operations $34.1M
Capital spending $6.1M
Q1 '26
Cash from operations $47.3M
Capital spending $6.3M
Q2 '26
Cash from operations $39.5M
Capital spending $5.9M
Cash from operations
Capital spending
Dividends, buybacks and share count
Legalzoom.com, Inc. returned $80.5M to shareholders in fiscal 2025, 54% of free cash flow. The diluted share count rose 1.0%.
FY19
Dividends —
Buybacks $1.5M
FY20
Dividends —
Buybacks $4.8M
FY21
Dividends —
Buybacks $0.0M
FY22
Dividends —
Buybacks $95.1M
FY23
Dividends —
Buybacks $54.9M
FY24
Dividends —
Buybacks $165M
FY25
Dividends —
Buybacks $80.5M
Dividends
Buybacks
Q3 '23
Dividends —
Buybacks $45.1M
Q4 '23
Dividends —
Buybacks $0.0M
Q1 '24
Dividends —
Buybacks $12.8M
Q2 '24
Dividends —
Buybacks $124M
Q3 '24
Dividends —
Buybacks $25.5M
Q4 '24
Dividends —
Buybacks $3.1M
Q1 '25
Dividends —
Buybacks $0.0M
Q2 '25
Dividends —
Buybacks $20.4M
Q3 '25
Dividends —
Buybacks $17.2M
Q4 '25
Dividends —
Buybacks $42.9M
Q1 '26
Dividends —
Buybacks $43.5M
Q2 '26
Dividends —
Buybacks $45.5M
Dividends
Buybacks
FY19
Diluted shares 0.13B
FY20
Diluted shares 0.13B
FY21
Diluted shares 0.16B
FY22
Diluted shares 0.20B
FY23
Diluted shares 0.19B
FY24
Diluted shares 0.18B
FY25
Diluted shares 0.18B
Balance sheet
Cash, debt and the ratios that show how comfortably Legalzoom.com, Inc. can carry it.
FY19
Cash $49.2M
Debt —
FY20
Cash $114M
Debt $512M
FY21
Cash $239M
Debt $0.0M
FY22
Cash $189M
Debt —
FY23
Cash $226M
Debt —
FY24
Cash $142M
Debt —
FY25
Cash $203M
Debt —
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $239M | $189M | $226M | $142M | $203M |
| Debt incl. finance leases | $0.0M | — | — | — | — |
| Debt / equity | 0.0x | — | — | — | — |
| Interest coverage | −3.0x | −160.5x | 42.7x | 79.8x | 19.3x |
| Current ratio | 1.2x | 1.0x | 1.0x | 0.7x | 0.8x |
| Quick ratio | 1.2x | 1.0x | 1.0x | 0.7x | 0.8x |
| Total assets | $431M | $405M | $448M | $374M | $512M |
| Total liabilities | $233M | $263M | $279M | $281M | $340M |
| Shareholders' equity | $198M | $142M | $169M | $93.3M | $172M |
| Net debt (− = net cash) | −$239M | — | — | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✕ | ✕ | ✓ | ✓ | ✓ |
| Cash from operations is positive | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Return on assets rose | — | — | ✕ | ✓ | ✓ | ✓ | ✕ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Debt fell relative to assets | — | — | ✓ | — | — | — | — |
| Current ratio rose | — | — | ✓ | ✕ | ✓ | ✕ | ✓ |
| Share count didn't rise | — | ✓ | ✕ | ✕ | ✓ | ✓ | ✕ |
| Gross margin rose | — | ✓ | ✕ | ✕ | ✕ | ✓ | ✓ |
| Revenue rose relative to assets | — | — | ✕ | ✓ | ✕ | ✓ | ✕ |
| F-score | — / 3 | — / 5 | 4 / 9 | 4 / 8 | 6 / 8 | 7 / 8 | 5 / 8 |
| Accruals ratio | — | −33.0% | −47.7% | −29.3% | −25.9% | −25.7% | −36.8% |
| Altman Z'' | — | −9.48 | −5.52 | −7.42 | −5.67 | −9.64 | −7.35 |
7 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | $408M | $471M | $575M | $620M | $661M | $682M | $756M |
| Net interest income | — | −$35.5M | −$28.0M | $1.5M | — | — | — |
| Gross profit | $271M | $316M | $386M | $409M | $421M | $442M | $498M |
| Operating income | $46.3M | $48.9M | −$85.1M | −$41.7M | $21.1M | $35.6M | $25.0M |
| Interest expense | $38.6M | $35.5M | $28.0M | $0.3M | $0.5M | $0.4M | $1.3M |
| Pretax income | $10.3M | $12.3M | −$120M | −$47.7M | $31.5M | $43.1M | $32.4M |
| Income tax | $3.2M | $2.4M | −$11.0M | $1.1M | $17.5M | $13.1M | $17.0M |
| Net income | $7.4M | $9.9M | −$109M | −$48.7M | $14.0M | $30.0M | $15.4M |
| Net income to common | $5.4M | $7.2M | −$109M | −$48.7M | $14.0M | $30.0M | $15.4M |
| Diluted EPS | $0.04 | $0.06 | −$0.67 | −$0.25 | $0.07 | $0.16 | $0.08 |
| Diluted shares | 0.13B | 0.13B | 0.16B | 0.20B | 0.19B | 0.18B | 0.18B |
| Cash flow | |||||||
| Cash from operations | $52.7M | $93.0M | $54.2M | $73.8M | $124M | $136M | $178M |
| Capital expenditure | $18.3M | $10.6M | $11.7M | $22.1M | $31.6M | $35.7M | $30.3M |
| Free cash flow | $34.3M | $82.5M | $42.4M | $51.7M | $92.7M | $99.9M | $148M |
| Depreciation and amortization | $12.1M | $17.3M | $15.7M | $18.2M | $20.2M | $29.8M | $36.3M |
| Stock-based compensation | $5.2M | $12.9M | $113M | $80.5M | $66.0M | $71.5M | $114M |
| Acquisitions | $0.0M | $0.9M | $61.5M | $2.5M | $0.0M | $0.0M | $48.5M |
| Share buybacks | $1.5M | $4.8M | $0.0M | $95.1M | $54.9M | $165M | $80.5M |
| Dividends and buybacks | $1.5M | $4.8M | $0.0M | $95.1M | $54.9M | $165M | $80.5M |
| Balance sheet | |||||||
| Cash and short-term investments | $49.2M | $114M | $239M | $189M | $226M | $142M | $203M |
| Total debt | — | $512M | $0.0M | — | — | — | — |
| Finance lease liabilities | — | — | — | $0.1M | $0.0M | — | — |
| Current assets | — | $134M | $267M | $242M | $275M | $191M | $242M |
| Current liabilities | — | $200M | $229M | $249M | $264M | $266M | $319M |
| Property and equipment, net | — | $51.4M | $47.0M | $30.8M | — | — | — |
| Goodwill | $9.8M | $11.4M | $59.9M | $63.2M | $63.3M | $63.3M | $141M |
| Intangible assets | — | $0.8M | $16.0M | $18.9M | $13.7M | $8.7M | $18.2M |
| Total assets | — | $252M | $431M | $405M | $448M | $374M | $512M |
| Total liabilities | — | $732M | $233M | $263M | $279M | $281M | $340M |
| Preferred stock | — | — | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | −$557M | −$551M | $198M | $142M | $169M | $93.3M | $172M |
| Margins | |||||||
| Gross margin | 66.5% | 67.2% | 67.1% | 66.0% | 63.8% | 64.8% | 65.9% |
| Operating margin | 11.3% | 10.4% | −14.8% | −6.7% | 3.2% | 5.2% | 3.3% |
| EBITDA margin | 14.3% | 14.1% | −12.1% | −3.8% | 6.2% | 9.6% | 8.1% |
| Net margin | 1.8% | 2.1% | −18.9% | −7.9% | 2.1% | 4.4% | 2.0% |
| FCF margin | 8.4% | 17.5% | 7.4% | 8.3% | 14.0% | 14.7% | 19.6% |
| Net interest share of revenue | — | −7.5% | −4.9% | 0.2% | — | — | — |
| Returns | |||||||
| Return on capital employed | — | 93.9% | −42.1% | −26.7% | 11.5% | 32.9% | 12.9% |
| Return on equity | — | — | — | −28.7% | 9.0% | 22.9% | 11.6% |
| Return on assets | — | 3.9% | −31.8% | −11.7% | 3.3% | 7.3% | 3.5% |
| Return on tangible equity | — | — | −89.4% | −80.9% | 15.2% | 140.8% | 118.4% |
| Growth | |||||||
| Revenue growth | — | 15.2% | 22.2% | 7.8% | 6.6% | 3.2% | 10.9% |
| Net income growth | — | 33.0% | −1,198.1% | — | — | 114.7% | −48.5% |
| EPS growth | — | 50.0% | −1,216.7% | — | — | 128.6% | −50.0% |
| FCF growth | — | 140.1% | −48.6% | 22.0% | 79.2% | 7.8% | 48.0% |
| Share count change | — | −1.0% | 26.8% | 21.3% | −0.7% | −5.9% | 1.0% |
| Financial health | |||||||
| Net debt / EBITDA | — | 6.0x | — | — | — | — | — |
| Debt / equity | — | — | 0.0x | — | — | — | — |
| Interest coverage | 1.2x | 1.4x | −3.0x | −160.5x | 42.7x | 79.8x | 19.3x |
| Current ratio | — | 0.7x | 1.2x | 1.0x | 1.0x | 0.7x | 0.8x |
| Quick ratio | — | 0.7x | 1.2x | 1.0x | 1.0x | 0.7x | 0.8x |
| Capital allocation | |||||||
| Capex / revenue | 4.5% | 2.2% | 2.0% | 3.6% | 4.8% | 5.2% | 4.0% |
| Stock comp / revenue | 1.3% | 2.7% | 19.6% | 13.0% | 10.0% | 10.5% | 15.0% |
| Payouts / FCF | 4.5% | 5.8% | 0.0% | 183.9% | 59.2% | 165.1% | 54.4% |
| Quality scores | |||||||
| Piotroski F-score | — | — | 4.0 | 4.0 | 6.0 | 7.0 | 5.0 |
| Altman Z'' | — | −9.5 | −5.5 | −7.4 | −5.7 | −9.6 | −7.4 |
| Accruals ratio | — | −33.0% | −47.7% | −29.3% | −25.9% | −25.7% | −36.8% |
Source: SEC EDGAR XBRL filings (CIK 0001286139). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.