LEGALZOOM.COM, INC.
For the period ended Jun 3, 2026. Filed Apr 22, 2026.
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Jun 3, 2026 · Filed Apr 22, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 14A
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE
SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )
Filed by the Registrant ☒
Filed by a party other than the Registrant ☐
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
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| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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| ☒ | Definitive Proxy Statement |
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| ☐ | Definitive Additional Materials |
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| ☐ | Soliciting Material under §240.14a-12 |
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LegalZoom.com, Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
| ☒ | No fee required |
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| ☐ | Fee paid previously with preliminary materials. |
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| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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Letter From Our CEO
Fellow Stockholders,
Twenty-five years ago, LegalZoom was founded on a promise to democratize legal services by leveraging technology. We delivered on that promise. Today we are the #1 online legal services company in the United States. Millions of entrepreneurs, families and small businesses have put their trust in us to protect their aspirations, their livelihoods and their legacies.
Today, we are making another promise. We plan to leverage artificial intelligence to deliver more valuable service than ever. AI is rewriting the rules of every industry it touches, and legal services will be no exception. While some question how AI will reshape companies like LegalZoom, I see it as a transformative opportunity and I’m excited to share why. But first, let me reflect on 2025, which was a pivotal year for this company and has set the stage for our next chapter.
A Year of Change and Momentum
When I took on the role of CEO in July 2024, I set three strategic priorities: strengthen our subscription foundation, sharpen ourgo-to-market strategy, and leverage AI alongside human expertise to lead in an AI-driven world. In 2025, we executed on all three, and the results speak for themselves.
In 2025, we delivered revenue of $756 million, representing growth of 11%, led by a subscription revenue increase of 13%. We achieved full-year net income of $15 million, reflecting a 2% margin, and Adjusted EBITDA 1 of $172 million, reflecting a margin 1 of 23%. We generated record operating cash flow of $178 million, up 31% year-over-year, and record free cash flow 1 of $148 million, up 48%. We returned approximately $80 million to stockholders through share repurchases.
Operationally, we expanded AI-enabled capabilities across our platform, launched higher-value subscription services to serve more established businesses, refined our brand around premium service and acquired Formation Nation, broadening our customer reach across price points.
These results reflect a business model and strategy that is working, one that generates durable, recurring revenue and converts it into substantial free cash flow. That financial engine gives us the flexibility to invest in the future while returning value to stockholders today.
A New Era
I believe the legal industry’s future belongs to platforms that combine the speed and accessibility of AI with the expertise, accountability, and reliability of human experts.
That is exactly the model we’ve been building for twenty-five years.
Legal services solve problems, ensure compliance, and provide trust and accountability. When someone starts a business, they’re not just filing paperwork. They’re making decisions that will define their personal liability, tax obligations, ability to raise capital and protection of intellectual property. Preparing the form is the easy part. Making the right decision is what really matters. When it comes to legal, good enough is not good.
This is where AI hype collides with reality. AI can generate a document in seconds. But it cannot stand behind that document. It cannot share advice under privilege. It cannot be held accountable when something goes wrong.
LegalZoom can. And we do.
Our AI Strategy: Automate the Routine. Experts Where It Matters.
Our approach to AI is simple. We automate what can be automated and invest in the places where expertise makes the difference.
On the automation side, we are deploying AI across our operations to improve productivity, accelerate product development and deliver services more efficiently. AI is making us faster and lowering our cost to serve—benefits we intend to reinvest into enhancing our product experience and capture on the bottom line.
On the expertise side, we are doing something that most AI-native startups cannot: we are pairing technology with a network of licensed independent attorneys, compliance managers, tax consultants and business advisors who work directly with our customers. This“human-in-the-loop” model gives us something that I believe no pure-technology solution can offer: the ability to handle complexity, exercise judgment, and accept responsibility.
We are also positioning ourselves where AI-driven discovery is happening. We recently announced collaborations with Perplexity, OpenAI and Anthropic, embedding our formation and legal services directly within their platforms. As entrepreneurs increasingly begin their journey through AI-powered search and discovery tools, LegalZoom will be present wherever those journeys begin. We intend to be the destination that AI recommends—because we’ve earned it.
And here is a point worth underscoring: AI is making our services more relevant, not less. AI tools make it easier for anyone to start a business. We believe AI is expanding our addressable market even as it reshapes how customers find us. We believe more businesses will be started. And every one of those businesses will eventually need compliance support, registered agent services, legal advice and ongoing operational help that goes beyond what a chatbot or agent can provide. LegalZoom will be best positioned to serve them.
From Formation to Full Lifecycle
For most of our history, LegalZoom has been known as the place you go to start a business. But our future extends far beyond formation.
There are tens of millions of existing small businesses in the United States alone that need ongoing legal and compliance support. Many of them are underserved. We are building an ecosystem that supports entrepreneurs throughout the lifecycle of their businesses, and we are seeing strong early results.
We are increasingly focused on acquiring and serving higher-value customers. Businesses that invest more in formation and ongoing compliance tend to stay with us longer and engage more deeply with our platform. By moving upmarket with more comprehensive subscription and concierge offerings, we are building stronger relationships and increasing lifetime value.
This shift is both strategic and financial. Higher-value customers drive better unit economics, more predictable revenue and deeper engagement. They are also the customers who need us most because as a business grows, its legal and compliance needs become exponentially more complex.
Capital Allocation
Our strong balance sheet gives us flexibility to invest in growth while maintaining discipline. Our priorities remain consistent: invest in the highest-return growth opportunities, evaluate strategic acquisitions that accelerate our strategy and where we can leverage our AI prowess, and return excess capital to stockholders.
As a reflection of our confidence in the path ahead, in February 2026, our Board of Directors approved a $100 million increase to our existing share repurchase authorization. We believe our shares represent a compelling investment, and we have historically been aggressive buyers of our own stock.
Looking Ahead
In 2026, we expect continued momentum across the business, driven by higher-value offerings, ongoing brand investments, strategic partnerships and deeper product and AI adoption. We also expect to drive further EBITDA margin expansion as we scale these initiatives and leverage AI-driven efficiencies across the organization.
But I want to close with something bigger than a financial outlook.
Twenty-five years ago, the conventional wisdom was that legal services would always require expensive professionals in expensive offices. LegalZoom proved that wrong. We democratized access to legal services for millions of Americans who had been priced out of the system.
Technology, alongside trust, expertise and accountability will be how we continue to operate an enduring business.
As technology reshapes what is possible, the need for trusted legal guidance has only grown, and this is exactly where we excel. By combining the power of AI with the human judgment that the law demands, we’ve created a model that we believe is both proven and increasingly essential. That is not a position we stumbled into. It is one we have been building, customer by customer, for a quarter century. Looking ahead, we see significant opportunity to expand that role and serve even more customers with greater impact.
With deep gratitude and strong conviction,
Jeff Stibel
Chair of the Board and Chief Executive Officer
1 Adjusted EBITDA, Adjusted EBITDA margin and free cash flow arenon-GAAP measures. See Appendix A for definitions of these measures and reconciliations to the most directly comparable measure computed in accordance with GAAP.
Notice of Annual Meeting of Stockholders
| DATE AND TIME: Wednesday, June 3, 2026 9:00 a.m., Pacific Time | LOCATION: www.proxydocs.com/LZ | RECORD DATE: Thursday, April 9, 2026 |
To Our Stockholders:
We are pleased to invite you to attend the 2026 annual meeting of stockholders (the “Annual Meeting”) of LegalZoom.com, Inc. on Wednesday, June 3, 2026 at 9:00 a.m., Pacific Time, online via live audio webcast by visitingwww.proxydocs.com/LZ. There is no physical location for the Annual Meeting.
Items of Business
At the Annual Meeting, stockholders will vote on the following matters:
| 1. | To elect the one director nominee named in the proxy statement as a Class II director of the Company to serve for a three-year term and until her successor has been duly elected and qualified, or until her earlier death, resignation, removal, retirement or disqualification (Proposal 1); |
| 2. | To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 (Proposal 2); |
| 3. | To conduct an advisory vote on the compensation of the Company’s named executive officers (Proposal 3); and |
| 4. | To transact any other business that may be properly presented at the Annual Meeting or any adjournment or postponement thereof. |
Record Date
Only stockholders as of the close of business on April 9, 2026 are entitled to notice of and to vote at the Annual Meeting or any adjournment or postponement thereof. A complete list of such stockholders will be available for examination by any stockholder for any purpose germane to the Annual Meeting beginning ten days prior to the meeting during ordinary business hours at our principal executive offices at 954 Villa Street, Mountain View, California 94041.
Proxy Voting
Your vote is very important to us. Whether or not you plan to attend the Annual Meeting virtually, we urge you to submit your proxy or voting instructions as soon as possible to ensure your shares are represented at the Annual Meeting. You may vote online or by phone, or, if you received paper copies of the proxy materials, by mail by following the instructions on the proxy card or voting instruction card. If you vote at the Annual Meeting, any previously submitted proxy or voting instructions will not be used.
| Important Notice Regarding Internet Availability of Proxy Materials This Notice of Annual Meeting, the Proxy Statement and our 2025 Annual Report on Form 10-K are available at www.proxydocs.com/LZ. Copies of these proxy materials are also available on our website at https://investors.legalzoom.com. | By Order of the Board of Directors, Nicole Miller Chief Legal Officer & Secretary Mountain View, CA April 22, 2026 |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.