Quarterly ResultAug 5, 2026, 04:14 PM
LegalZoom Q2 Revenue $205.3M, Net Income $5.2M; Lowers FY26 Outlook
AI Summary
LegalZoom reported Q2 2026 revenue of $205.3 million, a 7% year-over-year increase, with net income of $5.2 million. Subscription revenue grew 11% to $133.4 million. The company updated its full-year 2026 revenue outlook to $795.0–$805.0 million and Adjusted EBITDA to $190.0–$195.0 million, reflecting a shift in customer discovery and including the impact of a 13% workforce reduction. LegalZoom also completed $45.5 million in share repurchases during the quarter.
Key Highlights
- Q2 2026 revenue increased 7% year-over-year to $205.3 million.
- Subscription revenue grew 11% year-over-year to $133.4 million.
- Net income for Q2 2026 was $5.2 million, or $0.03 per share.
- Adjusted EBITDA reached $45.9 million, with a 22% margin.
- Completed $45.5 million in share repurchases during the quarter.
- Full-year 2026 revenue outlook updated to $795.0–$805.0 million.
- Full-year 2026 Adjusted EBITDA outlook updated to $190.0–$195.0 million.
- Announced a 13% workforce reduction to improve operating efficiency.
Price Impact
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