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LegalZoom.com (LZ) Stock News

LZ NASDAQ

LegalZoom.com, Inc. reports developments for an online legal services platform serving individuals, entrepreneurs and small businesses. Company news commonly covers business formation and state compliance services, intellectual property and trademark offerings, estate planning, ongoing legal support, and technology-enabled access to attorneys through its independent attorney network and law firm.

Updates also discuss subscription revenue trends, financial results, share repurchases, partnerships that embed LegalZoom services in small-business platforms, and AI-related product enhancements such as Virtual Mail, Grant Finder and human-in-the-loop legal workflows.

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LegalZoom (Nasdaq: LZ) reported third-quarter 2026 revenue of $195.1 million, up 3% year over year, as subscription growth offset transaction weakness. Subscription revenue rose 11% to $139.7 million, while transaction revenue fell 14% to $55.5 million. Net income increased to $8.1 million from $4.5 million; diluted earnings per share rose to $0.05 from $0.02. Adjusted EBITDA, a non-GAAP profit measure, reached $50.0 million versus $46.3 million.

The company expects full-year revenue of $797 million–$803 million, retaining its $800 million midpoint, but lowered expected adjusted EBITDA to $180 million–$185 million from $190 million–$195 million. Quarterly operating cash flow fell 26% to $39.9 million. LegalZoom repurchased $14.6 million of shares during the quarter and ended September with $181.7 million in cash and no debt.

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LegalZoom (LZ) has launched its AI Assistant, a free tool for existing and future business owners seeking business guidance.

The assistant uses existing customers' business data to personalize answers and connects users with licensed attorneys or specialists when judgment is required. Owners who formed elsewhere or have not yet formed a business can create a free account for guidance on filings and products. Since August, customers have engaged with the assistant hundreds of thousands of times. Users return to their accounts nearly twice as often as customers with similar activity who do not use it.

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LegalZoom (LZ) will report its third-quarter 2026 financial results on November 4, 2026, after the close of market. The quarter ended September 30, 2026.

Chairman and CEO Jeff Stibel and COO and CFO Noel Watson will host a conference call and webcast at 4:30 p.m. Eastern Time that day to discuss the results. A webcast replay will be available on LegalZoom's investor relations website following the live event.

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LegalZoom (LZ) launched an alliance with USAA offering its members up to 35% off select personal and business legal products. The offer covers documents such as wills, living trusts and powers of attorney, as well as business formations.

The collaboration serves active service members, veterans and military families. LegalZoom describes estate planning as part of financial preparedness for military families facing deployments and relocation. Additional offers for entrepreneurs and small business owners are planned.

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LegalZoom (Nasdaq: LZ) reported second quarter 2026 revenue of $205.3 million, up 7% year-over-year, with subscription revenue rising 11% to $133.4 million and transaction revenue down 1% to $71.9 million.

Net income was $5.2 million (3% margin) versus a small loss a year ago. Adjusted EBITDA was $45.9 million (22% margin), up 18% year-over-year and above the high end of guidance. Free cash flow reached $33.7 million, and cash ended at $167.2 million with no debt. The company repurchased $45.5 million of stock in the quarter, leaving $80.4 million under its authorization.

For 2026, LegalZoom now expects revenue of $795–$805 million (about 6% growth at midpoint), down from $810–$830 million, and Adjusted EBITDA of $190–$195 million (24% margin). The outlook incorporates a 13% workforce reduction and a more cautious view of customer acquisition amid shifts away from traditional search.

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LegalZoom (Nasdaq: LZ) launched a LegalZoom agent integrated with Microsoft 365 Copilot, available via the Microsoft Marketplace. The agent brings LegalZoom services such as business formation, compliance filings and attorney consultations directly into the Copilot environment, allowing users to access legal information and support without leaving their workflow.

The integration helps entrepreneurs compare business structures (including LLCs, corporations, nonprofits and DBAs), review LLC package pricing and move to LegalZoom’s site to complete purchases. It also connects users with attorneys in the LegalZoom network, showing profiles, availability and enabling bookings, supported by AI-generated briefing documents for attorneys.

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LegalZoom (NASDAQ: LZ) released a new report, "How America Prepares Its Legacy," based on hundreds of thousands of estate plans created on its platform between 2022 and 2025. The analysis shows that more than half of American adults still lack an estate plan, and only 24% reported having a will in 2025, the lowest rate since tracking began.

The report highlights accelerating trust adoption, with trust usage between H1 2025 and H1 2026 rising over 20 percentage points in Iowa (+23.2pp), Kentucky (+23.1pp), and Arkansas (+21.7pp). LegalZoom also notes that 85% of customers start their estate planning digitally and half complete it entirely via phone or tablet. To mark National Make-A-Will Month, the company is offering up to 20% off will or trust creation for a limited time.

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LegalZoom (Nasdaq: LZ) will report its second quarter 2026 financial results for the period ended June 30, 2026, on Wednesday, August 5, 2026, after market close. A conference call and webcast hosted by Chairman and CEO Jeff Stibel and COO/CFO Noel Watson will follow at 4:30 p.m. ET.

Investors can access the live webcast at https://edge.media-server.com/mmc/p/529fsek9, with dial-in registration available online. A replay will be posted on the LegalZoom investor relations website after the event.

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LegalZoom (Nasdaq:LZ) released survey findings from 1,000 U.S. aspiring founders and business owners on how they use AI. The data show frequent AI use for daily operations and cost savings, but entrepreneurs avoid relying on AI for high-risk legal, financial, employee, customer, or regulatory decisions.

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LegalZoom (Nasdaq:LZ) announced that Chairman and CEO Jeff Stibel and COO/CFO Noel Watson will present at the J.P. Morgan 2026 Global Technology, Media and Communications Conference in Boston on May 18, 2026 at 9:45 a.m. ET.

A live audio webcast and replay will be available on the LegalZoom investor relations website.

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FAQ

What is the current stock price of LegalZoom.com (LZ)?

LegalZoom.com (LZ) last closed at $5.24.

What is the market cap of LegalZoom.com (LZ)?

The market cap of LegalZoom.com (LZ) is approximately $864.6M.