{"schema_version":"secwatch.filing_event.v1","accession":"0001286139-23-000130","form_type":"8-K","ticker":"LZ","cik":"0001286139","company_name":"LEGALZOOM.COM, INC.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.530854+00:00","generated_at":"2026-06-08T13:48:28.512880+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LegalZoom Q3 revenue $167.3M (+8% YoY); net income $7.5M vs loss year ago; new $100M buyback","bullets":["Revenue $167.3M (+8% YoY); subscription revenue $104.5M (+14% YoY).","Net income $7.5M (5% margin) vs net loss $12.0M prior year; Adjusted EBITDA $33.7M (20% margin), doubled YoY.","Full-year 2023 guidance raised: revenue $657-659M, Adjusted EBITDA $114-116M.","Board authorized new $100M stock repurchase program with no expiration date.","Launched new products: LZ Books, Business Licenses, AI Doc Assist, and revamped Legal Forms library."],"urls":{"canonical":"https://secwatch.observer/filing/0001286139-23-000130","json":"https://secwatch.observer/filing/0001286139-23-000130.json","markdown":"https://secwatch.observer/filing/0001286139-23-000130.md","text":"https://secwatch.observer/filing/0001286139-23-000130.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1286139/000128613923000130/0001286139-23-000130-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1286139/000128613923000130/lz-20231107x8kearnings.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T13:48:28.512880+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"09e9931b800f83b8ff258f02d5b717c40f84c033","claim":"LEGALZOOM.COM, INC. reported third quarter ended September 30, 2023 results: revenue $167.3 million, net income $7.5 million, EPS $0.04.","evidence_excerpt":"LegalZoom Reports Third Quarter 2023 Financial Results • Revenue of $167.3 million for the quarter, an increase of 8% year-over-year • Subscription revenue of $104.5 million for the quarter, an increase of 14% year-over-year • $212.1 million of cash and cash equivalents and no debt outstanding as of September 30, 2023 • Strong product velocity: launched a Business Licenses compliance product, accounting solution LZ Books, AI powered document summarization tool Doc Assist and a revamped Legal Forms library during and subsequent to the end of the third quarter MOUNTAIN VIEW, California – November 7, 2023 – LegalZoom.com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced results for its third quarter ended September 30, 2023, including the following highlights: • Revenue was $167.3 million for the quarter, up 8% year-over-year: ◦ Transaction revenue was $57.4 million, down 2% year-over-year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1286139/000128613923000130/0001286139-23-000130-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$167.3 million"},{"label":"Net income","value":"$7.5 million"},{"label":"EPS","value":"$0.04"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"30b1341ec0bc299acdedfc505aae1998fc2d4e33","claim":"LEGALZOOM.COM, INC. reported three and nine months ended September 30, 2023 results: revenue $167,274, net income $7,534, EPS $0.04.","evidence_excerpt":"except AOV, ARPU and percentages) Three Months Ended % Growth Nine Months Ended % Growth September 30, (Decline) September 30, (Decline) 2023 2022 YOY 2023 2022 YOY Revenue $ 167,274 $ 155,277 8 % $ 502,064 $ 473,353 6 % Business formations 137 117 17 % 468 359 30 % Transaction units 237 226 5 % 828 718 15 % Average order value (AOV) $ 242 $ 258 (6) % $ 217 $","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1286139/000128613923000130/0001286139-23-000130-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and nine months ended September 30, 2023"},{"label":"Revenue","value":"$167,274"},{"label":"Net income","value":"$7,534"},{"label":"EPS","value":"$0.04"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9db67ecf75f9488346a787ca1222642883e36d35","claim":"LEGALZOOM.COM, INC. reported fourth quarter ending December 31, 2023 and full year ending December 31, 2023 results: revenue Revenue is expected to be in the range of $155 million to $157 million for Q4 2023 and $657 million to $659 million for. Guidance raised.","evidence_excerpt":"Our guidance for the fourth quarter ending December 31, 2023 is as follows: • Revenue is expected to be in the range of $155 million to $157 million • Adjusted EBITDA is expected to be in the range of $28 million to $30 million Our guidance for the full year ending December 31, 2023 is updated as follows: • Revenue is now expected to be in the range of $657 million to $659 million • Adjusted EBITDA is now expected to be in the range of $114 million to $116 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1286139/000128613923000130/0001286139-23-000130-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ending December 31, 2023 and full year ending December 31, 2023"},{"label":"Revenue","value":"Revenue is expected to be in the range of $155 million to $157 million for Q4 2023 and $657 million to $659 million for"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}