Short answer
LEGALZOOM.COM, INC. (LZ) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $207M (up 12.9% year over year) with net income of $1M.
Q1 2026 key financials · XBRL
- Revenue
- $207M
- +12.9% YoY
- Net income
- $1M
- −78.5% YoY
- Operating margin
- 1.3%
- Gross margin
- 64.0%
- EPS (diluted)
- $0.01
- −66.7% YoY
Source: XBRL data from the LEGALZOOM.COM, INC. (LZ) Q1 2026 10-Q on SEC EDGAR. USD.
LEGALZOOM.COM, INC. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $206.8M, up 13% YoY from $183.1M
- Gross profit $132.3M, gross margin 64.0% vs 63.6% YoY
- Annual Report filings strongest line, revenue up 150% or $6.6M
- Subscription revenue $130.2M, up 12%, led by registered agent growth of 17%
- LegalZoom flagged AI-driven acquisition shifts, macroeconomic uncertainty, tariffs, and higher interest rates as headwinds
Risk Factors
- AI regulatory and UPL exposure intensified through Colorado AI Act and California AI-related laws
- AI output accuracy risk, including alleged bias or discrimination, could trigger litigation and reputational damage
- Generative AI reducing organic traffic and weakening traditional customer acquisition channels
- Subscription revenue dependence increased, representing 63% of revenue in Q1 2026
- Accumulated deficit reached $1,177.1 million as of March 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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