Highest-materiality recent filing
LegalZoom Q2 revenue up 7% to $205.3M; updates FY2026 guidance lower due to search shift
Subscription revenue $133.4M (+11% YoY); transaction revenue $71.9M (-1% YoY).
LegalZoom annual meeting results: all three proposals approved by stockholders
Director Sivan Whiteley elected with 107.7M votes for, 27.6M withheld, 25.1M broker non-votes.
LegalZoom Q1 revenue $206.8M (+13% YoY) beats expectations; raises full-year outlook
Revenue $206.8M, up 13% YoY; net income $1.1M (margin 1%) vs $5.1M (3%) YoY.
LegalZoom FY2025 revenue $756M (+11% YoY); $100M buyback increase; Q4 Adj. EBITDA $49.9M
FY2025 revenue $756.0M (+11% YoY); subscription revenue $492.5M (+13%); net income $15.4M (2% margin).
LegalZoom Q3 revenue $190.2M (+13% YoY), raises FY 2025 revenue guidance ~10% growth
Revenue $190.2M, up 13% YoY; subscription revenue $125.4M (+13%); transaction revenue $64.8M (+12%).
LegalZoom Q2 revenue $192.5M (+9% YoY); raises FY2025 revenue growth outlook to 8%
Revenue $192.5M, up 9% YoY; subscription revenue $119.9M, up 10% YoY.
LegalZoom reduces revolver to $100M, extends maturity to 2030, improves pricing
Revolver commitments cut to $100M from $150M; maturity extended from July 2026 to July 2030.
Class I directors Nathan Gooden (139.9M for) and Neil Tolaney (121.1M for) elected; 18.8M broker non-votes.
LegalZoom Q1 revenue $183M beats outlook; Adj EBITDA +33% YoY; adds $100M buyback
Q1 revenue $183.1M (+5% YoY), subscription rev $116.3M (+8%), exceeding high end of outlook.
LegalZoom sells Austin property for $37.75M in cash to Round Rock ISD
Sold 9900 Spectrum Drive, Austin, TX to Round Rock Independent School District for $37.75M cash.
Q4 revenue $161.7M (+2% YoY); subscription revenue $108.7M (+2%). Net income $12.9M vs $7.4M.
LegalZoom acquires Formation Nation for up to $64.75M; prelim FY revenue $681.9M, Adj EBITDA $148.1M
Acquired Formation Nation for $49.3M cash upfront + 2.2M restricted shares; total max cash consideration $64.75M plus shares.
LegalZoom appoints Charles Thomas as Chief Accounting Officer, effective Feb 3, 2025
Charles Thomas appointed CAO effective Feb 3, 2025; Noel Watson remains CFO/COO.
LegalZoom partners with 1-800Accountant for tax and bookkeeping services
Three-year agreement (Dec 15, 2024 to Dec 31, 2027) with minimum revenue commitments from 1-800Accountant.
LegalZoom appoints Nathan Gooden to Board of Directors; adds to Audit and Compensation Committees
Nathan Gooden appointed as independent Class I director effective November 19, 2024.
LegalZoom Q3 net income $11.1M, subscription revenue +5% YoY, $24.7M buyback
Q3 revenue $168.6M (+1% YoY), net income $11.1M (7% margin), adjusted EBITDA $47.1M (28% margin).
LegalZoom CTO/CPO Radhakrishna to resign Nov 15; CRO Stibel to lead product
Shrisha Radhakrishna resigns as CTO and CPO effective Nov 15, 2024, to pursue other opportunities.
LegalZoom appoints CFO Noel Watson as COO; Aaron Stibel as CRO
Noel Watson, current CFO, appointed COO effective Aug 13, 2024; retains CFO and principal accounting/financial officer roles.
LegalZoom reports Q2 revenue up 5% to $177.4M, EBITDA margin down, announces 15% workforce reduction
Q2 revenue $177.4M (+5% YoY), subscription revenue $108.8M (+6%), transaction revenue $68.5M (+4%).
LegalZoom names Jeffrey Stibel as CEO, lowers 2024 revenue forecast
Jeffrey Stibel appointed CEO effective July 9, 2024, replacing Dan Wernikoff who resigned from the Board.
LegalZoom shareholders elect four Class III directors, ratify auditor, approve say-on-pay
Elizabeth Hamren elected with 152.4M votes; John Murphy, Jeffrey Stibel, and Dan Wernikoff also elected as Class III directors.
LegalZoom increases stock repurchase authorization by $75M to $175M
Board approved $75M increase in repurchase program, total authorization now $175M.
LegalZoom Q1 net income $4.7M (vs loss), revenue +5% to $174.2M; director Wang resigns
Net income $4.7M (3% margin) vs net loss $2.4M in Q1 2023; adjusted EBITDA $27.9M (+28% YoY).
LegalZoom Q4 revenue $158.7M (+8% YoY), net income $7.4M; COO Preece leaving March 31
Revenue $158.7M in Q4, +8% YoY; full year $660.7M, +7% YoY.
Permira sells entire LegalZoom stake in secondary offering; director resigns
Permira sold 15,099,993 shares in secondary offering that closed Nov 13, 2023; company received no proceeds.
LegalZoom Q3 revenue $167.3M (+8% YoY); net income $7.5M vs loss year ago; new $100M buyback
Revenue $167.3M (+8% YoY); subscription revenue $104.5M (+14% YoY).
LegalZoom subsidiary sells Austin office property for $41M; 6-month leaseback
Sale price of $41M cash for 9900 Spectrum Drive, Austin, TX; Seller retains partial use via 6-month leaseback.
Repurchased 4,718,755 shares at $9.55/share from LucasZoom, total $45.1M, under existing buyback program.
LegalZoom Q2 revenue $168.9M (+4% YoY); net income turns positive; raises full-year guidance
Revenue $168.9M (+4% YoY); subscription revenue $102.2M (+12% YoY) with 159k net new subscription units.
LegalZoom 2023 annual meeting results: all proposals pass
Sivan Whiteley elected as Class II director with 137.1M votes for, 9.5M withheld.
LegalZoom Q1 rev $165.9M (+7% YoY), Adj EBITDA $21.9M, raises FY guidance
Revenue $165.9M, +7% YoY; subscription rev $97.3M (+15% YoY); net loss narrowed to $2.4M from $25.8M.
LegalZoom directors Ruder and Deb will not stand for re-election; board to shrink to 8
Brian Ruder and Dipanjan Deb each notified LegalZoom on Mar 28-29, 2023 of decision not to seek re-election at 2023 annual meeting.
LegalZoom restates Q1-Q3 2022 financials due to tax error; net loss adjustments up to $5.3M
Error in Section 162(m) executive comp deduction caused understated deferred tax assets and overstated income tax provision.
LegalZoom Q4 revenue $146.6M (+3% YoY); restates Q1 2022, cites ineffective controls
Q4 revenue $146.6M (+3% YoY); subscription revenue $91.0M (+13% YoY) with 1.44M units.
LegalZoom restates Q1 2022 financials due to tax error; net loss reduced by $4.9M
Restatement of Q1 2022 unaudited financials after tax provision error under Section 162(m).
LegalZoom Q3 revenue $154.4M (+4% YoY); raises full-year guidance
Revenue $154.4M; subscription rev $91.4M (+25% YoY); transaction rev $57.6M (-14% YoY).
LegalZoom Q2 revenue up 9% to $163.9M; subscription rev +32%; FY guidance revised
Revenue $163.9M (+9% YoY); subscription rev $91.3M (+32%), transaction rev $66.5M (-9%).
LegalZoom shareholders elect three Class I directors, ratify PwC as auditor
Class I directors: Dipan Patel (143.4M for, 12.5M withheld), Neil Tolaney (153.7M for, 2.2M withheld), Christine Wang (143.1M for, 12.8M withheld).
LegalZoom Q1 revenue $154.2M (+15% YoY), net loss $30.6M, adjusted EBITDA $1.3M
Revenue $154.2M, +15% YoY; subscription revenue $84.4M (+29% YoY) driven by 1.36M subscription units.
LegalZoom Q4 rev $142.1M (+16% YoY); net loss $20.8M; $150M buyback; board adds Sivan Whiteley
Revenue $142.1M (+16% YoY); full-year revenue $575M (+22% YoY).
LegalZoom schedules 2022 annual meeting for June 8, record date April 14
Annual meeting set for June 8, 2022; stockholders of record as of April 14, 2022 eligible to vote.
LegalZoom Q3 rev $147.9M (+12% YoY); acquires Earth Class Mail for $63M
Revenue of $147.9M (+12% YoY) above guidance; transaction revenue $66.9M (+5%), subscription revenue $73.3M (+24%).
LegalZoom Q2 revenue up 36% to $150M; net loss $38.4M vs $4.1M loss prior year
Revenue $150.4M (+36% YoY); transaction rev $73.4M (+45%) on 123k business formations (+34%).
LegalZoom appoints Microsoft VP Liz Hamren to board of directors
Board expanded to ten members; Hamren appointed as Class III director until 2024 annual meeting.
LegalZoom closes IPO, enters $150M credit facility with JPMorgan, amends charter/bylaws
New $150M revolving credit facility with JPMorgan Chase, maturing in 5 years.
Effective February 3, 2025, Noel Watson, the Company’s Chief Operating Officer and Chief Financial Officer, will cease to serve as the Company’s principal accounting officer.
On January 7, 2025, LegalZoom.com, Inc. (the “Company”) appointed Charles Thomas as Chief Accounting Officer of the Company, effective February 3, 2025.
On November 19, 2024, the Board of Directors (the “Board”) of LegalZoom.com, Inc. (the “Company”) appointed Nathan Gooden to serve as an independent Class I director of the Board, effective immediately.
As previously disclosed, on September 18, 2024, Shrisha Radhakrishna resigned from his positions as Chief Technology Officer and Chief Product Officer of LegalZoom to pursue other opportunities, with such resignation originally to be effective November 15, 2024. Mr. Radhakrishna’s resignation is now effective November 4, 2024.
On September 13, 2024, Shrisha Radhakrishna resigned from his positions as Chief Technology Officer and Chief Product Officer of LegalZoom.com, Inc. (the “Company”) to pursue other opportunities, with such resignation to be effective November 15, 2024.
On August 9, 2024, the Board of Directors of LegalZoom.com, Inc. (the “Company”) appointed Noel Watson, the Company’s current Chief Financial Officer, as Chief Operating Officer of the Company, effective as of August 13, 2024.
appointed Jeffrey Stibel, who currently serves as Chair of the Board, to serve as Chief Executive Officer of the Company, effective July 9, 2024.
determined to transition from Dan Wernikoff, effective July 9, 2024, and Mr. Wernikoff resigned from the Board, effective July 9, 2024.
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.
On February 15, 2024, it was determined that Rich Preece, Chief Operating Officer, would transition from LegalZoom effective as of March 31, 2024.
On November 13, 2023, following the closing of the Secondary Offering, Dipan Patel, a Class I director who was initially nominated by Permira, resigned as a member of the Board of Directors, effective immediately.
On March 28, 2023 and March 29, 2023, respectively, Mr. Brian Ruder and Mr. Dipanjan Deb each notified LegalZoom.com, Inc. (“LegalZoom”) of his decision not to stand for re-election to the Board of Directors at LegalZoom’s 2023 annual meeting of stockholders (“Annual Meeting”).
Max materiality 0.85 · Median 0.70 · Most common event earnings