LegalZoom.com Inc (LZ) News & EventsLZLegalZoom.com Inc

Company Adjusts Q3 EBITDA Expectations to $49M-$51M

Sees Q3 adjusted EBITDA $49M-$51M. "We're updating our revenue expectations based on recent changes in the customer acquisition environment, while our profitability outlook reflects the discipline of our operating model," said Noel Watson, Chief Operating Officer and Chief Financial Officer. "We continue to improve operating efficiency, expand margins and generate strong cash flow while investing behind the initiatives that support our long-term growth strategy."

LegalZoom Q2 Revenue at $205.29M, Below Consensus

Reports Q2 revenue $205.29M, consensus $205.84M. "Since late 2024, we've deliberately repositioned LegalZoom around subscription relationships that pair AI with trusted human expertise," said Jeff Stibel, Chairman and Chief Executive Officer of LegalZoom. "That strategy is working. While demand for what we do is intact, discovery is moving. We have been actively building new customer acquisition channels for more than a year, and our outlook fully reflects today's environment, with no recovery in traditional search assumed. In the AI channels where discovery is heading, every visit is incremental. We've partnered with the leading AI companies, we have more brand references across AI platforms than any competitor, and we haven't assumed how quickly this scales. That's the upside we're positioned to capture."

FY26 Adjusted EBITDA Outlook Narrowed to $190M-$195M

Consensus $822.05M. Narrows FY26 adjusted EBITDA view to $190M-$195M from $190M-$200M.