LEGALZOOM.COM, INC. LZ
LegalZoom is a leading online platform for legal services, transforming how individuals and small businesses navigate the legal system. By combining intuitive technology with access to experienced attorneys—whether through our vast independent attorney network or our own law firm—we offer the tools and guidance people need to confidently manage everything from business formation and compliance to intellectual property protection and ongoing business management and legal support. Our ongoing business management services include virtual mail, legal forms, bookkeeping and estate planning services, among others. We operate across all 50 states and in over 3,000 counties in the U.S. With over two decades of experience and millions of customers served, LegalZoom helps individuals and small businesses navigate legal needs with confidence.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $756.0M | $681.9M | $660.7M | $620.0M | $575.1M | $470.6M | $408.4M | — |
| Cost of revenue | $258.0M | $240.1M | $239.3M | $211.1M | $189.4M | $154.6M | $136.9M | — |
| Gross profit | $498.1M | $441.8M | $421.5M | $408.9M | $385.7M | $316.1M | $271.5M | — |
| Total operating expenses | $473.1M | $406.2M | $400.4M | $450.6M | $470.8M | $267.1M | $225.2M | — |
| Operating income | $25.0M | $35.6M | $21.1M | -$41.7M | -$85.1M | $48.9M | $46.3M | — |
| Interest expense | $1.3M | $446.0K | $493.0K | $260.0K | $28.0M | $35.5M | $38.6M | — |
| Pre-tax income | $32.4M | $43.1M | $31.5M | -$47.7M | -$119.6M | $12.3M | $10.3M | — |
| Income tax | $17.0M | $13.1M | $17.5M | $1.1M | $11.0M | $2.4M | $3.2M | — |
| Net income | $15.4M | $30.0M | $14.0M | -$48.7M | -$108.7M | $9.9M | $7.4M | — |
| EPS, basic | 0.09 | 0.17 | 0.07 | -0.25 | -0.67 | 0.06 | 0.04 | — |
| EPS, diluted | 0.08 | 0.16 | 0.07 | -0.25 | -0.67 | 0.06 | 0.04 | — |
| Shares, diluted (wtd. avg.) | $184.7M | $182.9M | $194.4M | $195.8M | $161.4M | $127.3M | $128.5M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $203.1M | $142.1M | $225.7M | $189.1M | $239.3M | $139.5M | $74.2M | $55.5M |
| Receivables | $20.6M | $8.5M | $11.7M | $13.2M | $10.6M | $8.6M | — | — |
| Total current assets | $241.9M | $191.2M | $275.3M | $241.7M | $266.5M | $133.6M | — | — |
| Property, plant and equipment | — | — | — | $49.3M | $47.0M | $51.4M | — | — |
| Goodwill | $140.7M | $63.3M | $63.3M | $63.2M | $59.9M | $11.4M | $9.8M | — |
| Other intangibles | $18.2M | $8.7M | $13.7M | $18.9M | $16.0M | $815.0K | — | — |
| Total assets | $511.5M | $373.9M | $447.8M | $405.4M | $431.0M | $252.1M | — | — |
| Accounts payable | $27.2M | $31.1M | $32.3M | $25.3M | $31.8M | $28.7M | — | — |
| Short-term debt | — | — | — | — | $0 | $3.0M | — | — |
| Total current liabilities | $318.5M | $265.6M | $264.0M | $249.2M | $229.0M | $199.9M | — | — |
| Long-term debt | — | — | — | — | $0 | $512.4M | — | — |
| Total liabilities | $339.6M | $280.6M | $279.0M | $263.0M | $233.5M | $731.8M | — | — |
| Retained earnings | -$1.13B | -$1.07B | -$933.1M | -$891.9M | -$748.0M | -$639.3M | — | — |
| Total equity | $171.9M | $93.3M | $168.8M | $142.4M | $197.6M | -$550.6M | -$557.0M | -$556.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $178.2M | $135.6M | $124.3M | $73.8M | $54.2M | $93.0M | $52.7M | — |
| Depreciation and amortisation | $36.3M | $29.8M | $20.2M | $18.2M | $15.7M | $17.3M | $12.1M | — |
| Stock-based compensation | $113.7M | $71.5M | $66.0M | $80.5M | $112.6M | $12.9M | $5.2M | — |
| Capital expenditure | $30.3M | $35.7M | $31.6M | $22.1M | $11.7M | $10.6M | $18.3M | — |
| Investing cash flow | -$40.1M | -$35.7M | -$31.6M | -$30.6M | -$77.7M | -$12.7M | -$20.7M | — |
| Financing cash flow | -$77.3M | -$183.3M | -$56.1M | -$93.3M | $123.4M | -$15.1M | -$12.9M | — |
| Buybacks | $80.5M | $165.0M | $54.9M | $95.1M | $0 | $4.8M | $1.5M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-170325.
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