LegalZoom Q2 revenue rises 7% to $205.3 million; full-year revenue outlook cut
LegalZoom reported second-quarter 2026 revenue of $205.3 million, up 7% year over year, and net income of $5.2 million, compared with a net loss of $0.3 million a year earlier. The company lowered its full-year 2026 revenue outlook to $795 million to $805 million from $810 million to $830 million, citing a shift in customer discovery away from traditional search, and announced a 13% workforce reduction, which matters to shareholders because it reduces the top-line forecast while profit targets were kept.
Key points
- Subscription revenue rose 11% to $133.4 million, while transaction revenue fell 1% to $71.9 million.
- Adjusted EBITDA was $45.9 million, a 22% margin, which the company said was ahead of the high end of its guidance range.
- Full-year 2026 Adjusted EBITDA outlook was narrowed to $190 million to $195 million from $190 million to $200 million.
- Third-quarter revenue is expected at $192 million to $196 million, or 2% growth at the midpoint.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.