LEGALZOOMCOM INC

For the period ended Dec 31, 2023. Filed Feb 29, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 29, 2024

LZ$4.85-7.4%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In thousands, except per share amounts)

	Year Ended December 31,
	2023	2022	2021
Revenue	$660,727	$619,979	$575,080
Cost of revenue	239,263	211,095	189,364
Gross profit	421,464	408,884	385,716
Operating expenses:
Sales and marketing	210,872	263,884	279,281
Technology and development	83,181	70,434	84,003
General and administrative	106,352	116,057	106,584
Impairment of long-lived assets	—	248	924
Total operating expenses	400,405	450,623	470,792
Income (loss) from operations	21,059	(41,739)	(85,076)
Interest expense	(493)	(260)	(28,045)
Interest income	9,307	1,803	61
Other income (expense), net	1,621	(4,477)	1,193
Impairment of other equity security	—	(3,000)	—
Loss on debt extinguishment	—	—	(7,748)
Income (loss) before income taxes	31,494	(47,673)	(119,615)
Provision for (benefit from) income taxes	17,541	1,060	(10,951)
Net income (loss)	$13,953	$(48,733)	$(108,664)
Net income (loss) attributable to common stockholders—basic	$13,953	$(48,733)	$(108,664)
Net income (loss) attributable to common stockholders—diluted	$13,953	$(48,733)	$(108,664)
Net income (loss) per share attributable to common stockholders:
Basic	$0.07	$(0.25)	$(0.67)
Diluted	$0.07	$(0.25)	$(0.67)
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders:
Basic	190,466	195,829	161,424
Diluted	194,415	195,829	161,424

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.