Quarterly ResultMay 6, 2026, 04:02 PM
LegalZoom Q1 Revenue $206.8M, up 13%; Raises Full-Year Outlook
AI Summary
LegalZoom reported strong first-quarter 2026 results with revenue increasing 13% year-over-year to $206.8 million, driven by growth in higher-value subscriptions and compliance product enhancements. Net income for the quarter was $1.1 million, a significant decrease from the prior year, while Adjusted EBITDA saw a slight decline to $36.5 million. The company completed $43.5 million in share repurchases and increased its full-year 2026 revenue outlook to a range of $810 million to $830 million, reflecting continued momentum in growth initiatives.
Key Highlights
- Q1 Revenue was $206.8 million, up 13% year-over-year.
- Subscription revenue grew 12% year-over-year to $130.2 million.
- Net income was $1.1 million, a 78% decrease year-over-year.
- Adjusted EBITDA was $36.5 million, down 1% year-over-year.
- Completed $43.5 million of share repurchases in the quarter.
- Increased full-year 2026 revenue outlook to $810 million to $830 million.
- Generated $41.0 million in free cash flow for the quarter.