earnings
confidence high
sentiment neutral
materiality 0.70
LegalZoom Q2 revenue up 7% to $205.3M; updates FY2026 guidance lower due to search shift
LEGALZOOM.COM, INC.
- Subscription revenue $133.4M (+11% YoY); transaction revenue $71.9M (-1% YoY).
- Net income $5.2M (3% margin) vs net loss $0.3M a year ago; Adjusted EBITDA $45.9M (22% margin).
- Completed $45.5M in share repurchases in Q2; $80.4M remaining under authorization.
- Updated FY2026 revenue guidance to $795-805M and Adjusted EBITDA to $190-195M.
- CEO cites industry-wide shift in customer discovery away from traditional search; building AI channel partnerships.