SequelSEC

LEGALZOOM.COM, INC. LZ

Services-Computer Processing & Data Preparation · CIK 0001286139 · Fiscal year ends 1231

Revenue
$756.04M
Fiscal year ended 2025-12-31
Operating income
$24.98M
Fiscal year ended 2025-12-31
Free cash flow
$147.92M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$1.30BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$7.52Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income84.3×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue1.7×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity7.6×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

84.3× earnings today, against a median of 84.3× across 3 years on record. In line with its own history.

Float measuredPublic floatFloat / net income
2025-06-30$1.30B84.3×
2024-06-30$1.20B40.0×
2023-06-30$1.40B100.3×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Services-Computer Processing & Data Preparation filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Effective tax rate52.4%93th
CapEx / revenue4.0%72th
Current ratio0.76x31th
FCF margin19.6%68th
SBC / revenue15.0%67th
Operating margin3.3%59th
Net margin2.0%55th
Revenue YoY growth10.9%53th
Gross margin65.9%51th

LEGALZOOM.COM, INC. (LZ) reported revenue of $756.04M and net income of $15.43M for the fiscal year ended 2025-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from LEGALZOOM.COM, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Computer Processing & Data Preparation.

Income

LEGALZOOM.COM, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Revenue$756.04M$681.88M$660.73M$619.98M$575.08M$470.64M$408.38M
Cost of revenue$257.96M$240.09M$239.26M$211.10M$189.36M$154.56M$136.92M
Gross profit$498.08M$441.79M$421.46M$408.88M$385.72M$316.07M$271.46M
Operating income$24.98M$35.58M$21.06M-$41.74M-$85.08M$48.93M$46.26M
Net income$15.43M$29.96M$13.95M-$48.73M-$108.66M$9.90M$7.44M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 184.69Mshares 182.86Mshares 194.42Mshares 195.83Mshares 161.42Mshares 127.26Mshares 128.55M
Pretax income$32.44M$43.08M$31.49M-$47.67M-$119.62M$12.32M$10.28M
Income tax expense$17.01M$13.12M$17.54M$1.06M-$10.95M$2.43M$3.16M
Diluted EPS$0.08$0.16$0.07$-0.25$-0.67$0.06$0.04
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketing$261.74M$207.68M$210.87M$263.88M$279.28M$171.39M$115.91M

Balance

LEGALZOOM.COM, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash & equivalents$203.10M$142.06M$225.72M$189.08M$239.30M$114.47M$49.18M
Total assets$511.52M$373.88M$447.82M$405.40M$431.02M$252.06MUnavailable
Current assets$241.92M$191.22M$275.34M$241.68M$266.52M$133.56MUnavailable
Total liabilities$339.64M$280.63M$278.98M$263.02M$233.46M$731.79MUnavailable
Current liabilities$318.52M$265.58M$263.96M$249.20M$228.97M$199.93MUnavailable
Total equity incl. NCI$171.88M$93.26M$168.83M$142.38M$197.55M-$550.63M-$556.99M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailable$70.91MUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$20.59M$8.51M$11.74M$13.18M$10.64M$8.56MUnavailable
Goodwill$140.70M$63.32M$63.32M$63.23M$59.91M$11.40M$9.81M
Long-term debtUnavailableUnavailableUnavailableUnavailable$0$512.36MUnavailable
Accounts payable$27.17M$31.15M$32.28M$25.31M$31.79M$28.73MUnavailable

Cash flow

LEGALZOOM.COM, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Operating cash flow$178.20M$135.64M$124.31M$73.84M$54.15M$93.05M$52.70M
Capital expenditures$30.28M$35.70M$31.59M$22.10M$11.74M$10.59M$18.35M
Investing cash flow-$40.08M-$35.70M-$31.56M-$30.62M-$77.67M-$12.73M-$20.72M
Financing cash flow-$77.26M-$183.28M-$56.15M-$93.34M$123.36M-$15.09M-$12.85M
Net change in cash$61.04M-$83.66M$36.64M-$50.22M$99.83M$65.29M$18.63M
Stock-based compensation$113.71M$71.51M$66.02M$80.47M$112.60M$12.89M$5.18M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$80.53M$165.01M$54.87M$95.13M$0$4.80M$1.54M
Depreciation & amortization$36.30M$29.80M$20.20M$18.20M$15.70M$17.30M$12.10M

Derived

LEGALZOOM.COM, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Free cash flow$147.92M$99.94M$92.72M$51.74M$42.41M$82.46M$34.35M
Gross margin65.9%64.8%63.8%66.0%67.1%67.2%66.5%
Operating margin3.3%5.2%3.2%-6.7%-14.8%10.4%11.3%
FCF margin19.6%14.7%14.0%8.3%7.4%17.5%8.4%
SBC / revenue15.0%10.5%10.0%13.0%19.6%2.7%1.3%
Current ratio0.76x0.72x1.04x0.97x1.16x0.67xUnavailable
Revenue YoY growth10.9%3.2%6.6%7.8%22.2%15.2%Unavailable
Net margin2.0%4.4%2.1%-7.9%-18.9%2.1%1.8%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue4.0%5.2%4.8%3.6%2.0%2.2%4.5%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate52.4%30.5%55.7%UnavailableUnavailable19.7%30.7%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open LZ in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-02-23View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.