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LegalZoom.com (LegalZoom.com) Gross Profit : $421.5 Mil (TTM As of Dec. 2023)


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What is LegalZoom.com Gross Profit?

LegalZoom.com's gross profit for the three months ended in Dec. 2023 was $102.8 Mil. LegalZoom.com's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $421.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. LegalZoom.com's gross profit for the three months ended in Dec. 2023 was $102.8 Mil. LegalZoom.com's Revenue for the three months ended in Dec. 2023 was $158.7 Mil. Therefore, LegalZoom.com's Gross Margin % for the quarter that ended in Dec. 2023 was 64.76%.

LegalZoom.com had a gross margin of 64.76% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of LegalZoom.com was 67.16%. The lowest was 48.46%. And the median was 65.95%.


LegalZoom.com Gross Profit Historical Data

The historical data trend for LegalZoom.com's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LegalZoom.com Gross Profit Chart

LegalZoom.com Annual Data
Trend Dec10 Dec11 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 271.47 316.07 385.72 408.88 421.46

LegalZoom.com Quarterly Data
Dec11 Mar12 Jun12 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.18 105.54 105.11 108.06 102.76

Competitive Comparison of LegalZoom.com's Gross Profit

For the Specialty Business Services subindustry, LegalZoom.com's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LegalZoom.com's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, LegalZoom.com's Gross Profit distribution charts can be found below:

* The bar in red indicates where LegalZoom.com's Gross Profit falls into.



LegalZoom.com Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

LegalZoom.com's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=660.727 - 239.263
=421.5

LegalZoom.com's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=158.663 - 55.907
=102.8

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $421.5 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

LegalZoom.com's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=102.8 / 158.663
=64.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


LegalZoom.com  (NAS:LZ) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

LegalZoom.com had a gross margin of 64.76% for the quarter that ended in Dec. 2023 => Durable competitive advantage


LegalZoom.com Gross Profit Related Terms

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LegalZoom.com (LegalZoom.com) Business Description

Traded in Other Exchanges
Address
101 North Brand Boulevard, 11th Floor, Glendale, CA, USA, 91203
LegalZoom.com Inc is an online provider of services that meet the legal needs of small businesses and consumers in the United States.
Executives
Richard Preece officer: COO and Chief Product Officer 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Nicole Miller officer: General Counsel 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Lucaszoom Llc director, 10 percent owner LUCASZOOM LLC, 3000 SAND HILL ROAD, BUILDING 1, SUITE 1, MENLO PARK CA 94025
Dipan Patel director, 10 percent owner LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Daniel A Wernikoff director, officer: Chief Executive Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Noel Bertram Watson officer: Chief Financial Officer 400 1ST AVENUE, C/O TRIPADVISOR, INC., NEEDHAM MA 02494
Shrisha Radhakrishna officer: Chief Technology Officer 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Neil Tolaney director TECHNOLOGY CROSSOVER MANAGEMENT, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Sivan Whiteley director 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Elizabeth Hamren director 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Brian Ruder director, 10 percent owner LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Francisco Partners Management, Lp 10 percent owner ONE LETTERMAN DRIVE, BUILDING C, SUITE 410, SAN FRANCISCO CA 94129
Permira V L.p.2 director, 10 percent owner TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 6DJ
Christine T Wang director ONE LETTERMAN DRIVE, BLDG C, STE 410, SAN FRANCISCO CA 94129
Khai Ha director C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105