---
schema_version: "secwatch.filing_event.v1"
accession: "0001286139-24-000052"
form_type: "8-K"
ticker: "LZ"
cik: "0001286139"
company_name: "LEGALZOOM.COM, INC."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T16:36:03.713853+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LegalZoom Q1 net income $4.7M (vs loss), revenue +5% to $174.2M; director Wang resigns

## Summary
- Net income $4.7M (3% margin) vs net loss $2.4M in Q1 2023; adjusted EBITDA $27.9M (+28% YoY).
- Revenue $174.2M (+5% YoY); subscription revenue $107.9M (+10%) offset by transaction revenue -3%.
- Repurchased 1.2M shares for $12.8M at avg $10.91; cash $228.1M, no debt.
- Director Christine Wang resigned May 1 (no disagreement); Board reduced to 6; Hamren on Audit, Whiteley Compensation Chair.

## SEC filing metadata
- accession: 0001286139-24-000052
- form_type: 8-K
- ticker: LZ
- cik: 0001286139
- company_name: LEGALZOOM.COM, INC.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1286139/000128613924000052/0001286139-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1286139/000128613924000052/lz-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001286139-24-000052
- JSON: https://secwatch.observer/filing/0001286139-24-000052.json
- Plain text: https://secwatch.observer/filing/0001286139-24-000052.txt

## Key facts
- Earnings Releases
  LEGALZOOM.COM, INC. reported the three months ended March 31, 2024 results: revenue $174.2 million, net income $4.7 million, EPS $0.02.
  - Period: the three months ended March 31, 2024
  - Revenue: $174.2 million
  - Net income: $4.7 million
  - EPS: $0.02
  - Result: reported results
  source text: LegalZoom Reports First Quarter 2024 Financial Results • Revenue of $174.2 million for the quarter, an increase of 5% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286139/000128613924000052/0001286139-24-000052-index.htm
- Executive change
  Christine Wang resigned as Director at LEGALZOOM.COM, INC..
  - Action: resigned
  - Role: Director
  source text: On May 1, 2024, Christine Wang, a current Class I director of LegalZoom’s Board of Directors (the “Board”), resigned as a member of the Board, effective the same day.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286139/000128613924000052/0001286139-24-000052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.