LEGALZOOM.COM, INC.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $408.4m $470.6m $575.1m $620.0m $660.7m $681.9m $756.0m
Cost of revenue $136.9m $154.6m $189.4m $211.1m $239.3m $240.1m $258.0m
Gross profit $271.5m $316.1m $385.7m $408.9m $421.5m $441.8m $498.1m
Total operating expenses $225.2m $267.1m $470.8m $450.6m $400.4m $406.2m $473.1m
Income from operations $46.3m $48.9m ($85.1m) ($41.7m) $21.1m $35.6m $25.0m
Sales and marketing $115.9m $171.4m $279.3m $263.9m $210.9m $207.7m $261.7m
Technology and development $37.2m $41.9m $84.0m $70.4m $83.2m $89.6m $81.9m
General and administrative $57.8m $51.0m $106.6m $116.1m $106.4m $108.9m $143.8m
Gain on sale of assets held for sale $0 $0 ($14.3m)
Interest income $61k $1.8m $9.3m $7.8m $7.6m
Other income, net $2.6m $3.7m $1.2m ($4.5m) $1.6m $98k $1.2m
Provision for income taxes $3.2m $2.4m ($11.0m) $1.1m $17.5m $13.1m $17.0m
Income before income taxes $10.3m $12.3m ($119.6m) ($47.7m) $31.5m $43.1m $32.4m
Net income $7.4m $9.9m ($108.7m) ($48.7m) $14.0m $30.0m $15.4m
Net income — basic: $5.4m $7.2m ($108.7m) ($48.7m) $14.0m $30.0m $15.4m
Net income — diluted: $5.5m $7.3m ($108.7m) ($48.7m) $14.0m $30.0m $15.4m
Net income per share — basic (in dollars per share) $0 $0 ($1) ($0) $0 $0 $0
Net income per share — diluted (in dollars per share) $0 $0 ($1) ($0) $0 $0 $0
Weighted-average shares used to compute net income per share — basic (in shares) $0 $0 ($1) ($0) $0 $0 $0
Weighted-average shares used to compute net income per share — diluted (in shares) $0 $0 ($1) ($0) $0 $0 $0
Interest expense ($28.0m) ($260k) ($493k) ($446k) ($1.3m)