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Side-by-side financial comparison of LEGALZOOM.COM, INC. (LZ) and Strategy Inc (MSTR). Click either name above to swap in a different company.

LEGALZOOM.COM, INC. is the larger business by last-quarter revenue ($190.3M vs $123.0M, roughly 1.5× Strategy Inc). On growth, LEGALZOOM.COM, INC. posted the faster year-over-year revenue change (17.7% vs 1.9%). Over the past eight quarters, LEGALZOOM.COM, INC.'s revenue compounded faster (4.5% CAGR vs 3.3%).

LegalZoom.com, Inc. is an American online legal technology and services company launched in 2001. It provides online legal services using an independent network of attorneys and the LegalZoom-owned law firm, LegalZoom Legal Services, as well as self-service technology and care specialists. Services include wills and living trusts, business compliance such as licenses and permits, copyright registrations, and trademark applications. The company also offers attorney referrals and registered age...

Strategy Inc., formerly known as MicroStrategy, is an American company that provides business intelligence (BI) and mobile software. Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia, in the Washington metropolitan area. Its primary business analytics competitors include SAP SE Busin...

LZ vs MSTR — Head-to-Head

Bigger by revenue
LZ
LZ
1.5× larger
LZ
$190.3M
$123.0M
MSTR
Growing faster (revenue YoY)
LZ
LZ
+15.8% gap
LZ
17.7%
1.9%
MSTR
Faster 2-yr revenue CAGR
LZ
LZ
Annualised
LZ
4.5%
3.3%
MSTR

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
LZ
LZ
MSTR
MSTR
Revenue
$190.3M
$123.0M
Net Profit
$6.1M
Gross Margin
67.6%
66.1%
Operating Margin
6.6%
Net Margin
3.2%
Revenue YoY
17.7%
1.9%
Net Profit YoY
-52.9%
EPS (diluted)
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LZ
LZ
MSTR
MSTR
Q4 25
$190.3M
$123.0M
Q3 25
$190.2M
$128.7M
Q2 25
$192.5M
$114.5M
Q1 25
$183.1M
$111.1M
Q4 24
$161.7M
$120.7M
Q3 24
$168.6M
$116.1M
Q2 24
$177.4M
$111.4M
Q1 24
$174.2M
$115.2M
Net Profit
LZ
LZ
MSTR
MSTR
Q4 25
$6.1M
Q3 25
$4.5M
$2.8B
Q2 25
$-266.0K
$10.0B
Q1 25
$5.1M
$-4.2B
Q4 24
$12.9M
$-670.8M
Q3 24
$11.1M
$-340.2M
Q2 24
$1.3M
$-102.6M
Q1 24
$4.7M
$-53.1M
Gross Margin
LZ
LZ
MSTR
MSTR
Q4 25
67.6%
66.1%
Q3 25
67.3%
70.5%
Q2 25
65.0%
68.8%
Q1 25
63.7%
69.4%
Q4 24
67.0%
71.7%
Q3 24
67.5%
70.4%
Q2 24
64.1%
72.2%
Q1 24
60.7%
74.0%
Operating Margin
LZ
LZ
MSTR
MSTR
Q4 25
6.6%
Q3 25
3.4%
Q2 25
-1.6%
Q1 25
4.9%
-5331.4%
Q4 24
8.1%
-842.1%
Q3 24
9.6%
-372.7%
Q2 24
0.6%
-179.7%
Q1 24
2.9%
-176.8%
Net Margin
LZ
LZ
MSTR
MSTR
Q4 25
3.2%
Q3 25
2.4%
2164.1%
Q2 25
-0.1%
8752.7%
Q1 25
2.8%
-3797.2%
Q4 24
7.9%
-555.8%
Q3 24
6.6%
-293.1%
Q2 24
0.7%
-92.0%
Q1 24
2.7%
-46.1%
EPS (diluted)
LZ
LZ
MSTR
MSTR
Q4 25
$0.03
Q3 25
$0.02
$8.42
Q2 25
$0.00
$32.60
Q1 25
$0.03
$-16.49
Q4 24
$0.07
$4.49
Q3 24
$0.06
$-1.72
Q2 24
$0.01
$-0.57
Q1 24
$0.02
$-0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LZ
LZ
MSTR
MSTR
Cash + ST InvestmentsLiquidity on hand
$203.1M
$2.3B
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$171.9M
$44.1B
Total Assets
$511.5M
$61.6B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LZ
LZ
MSTR
MSTR
Q4 25
$203.1M
$2.3B
Q3 25
$237.2M
$54.3M
Q2 25
$217.0M
$50.1M
Q1 25
$210.0M
$60.3M
Q4 24
$142.1M
$38.1M
Q3 24
$112.5M
$46.3M
Q2 24
$118.8M
$66.9M
Q1 24
$228.1M
$81.3M
Total Debt
LZ
LZ
MSTR
MSTR
Q4 25
$8.2B
Q3 25
$8.2B
Q2 25
$8.2B
Q1 25
$8.1B
Q4 24
$7.2B
Q3 24
$4.2B
Q2 24
$3.8B
Q1 24
$3.6B
Stockholders' Equity
LZ
LZ
MSTR
MSTR
Q4 25
$171.9M
$44.1B
Q3 25
$201.9M
$52.3B
Q2 25
$194.1M
$47.5B
Q1 25
$187.2M
$32.2B
Q4 24
$93.3M
$18.2B
Q3 24
$60.1M
$3.8B
Q2 24
$60.8M
$2.8B
Q1 24
$167.9M
$2.4B
Total Assets
LZ
LZ
MSTR
MSTR
Q4 25
$511.5M
$61.6B
Q3 25
$551.1M
$73.6B
Q2 25
$543.0M
$64.8B
Q1 25
$532.7M
$43.9B
Q4 24
$373.9M
$25.8B
Q3 24
$348.8M
$8.3B
Q2 24
$359.5M
$7.1B
Q1 24
$459.7M
$6.4B
Debt / Equity
LZ
LZ
MSTR
MSTR
Q4 25
0.19×
Q3 25
0.16×
Q2 25
0.17×
Q1 25
0.25×
Q4 24
0.39×
Q3 24
1.12×
Q2 24
1.36×
Q1 24
1.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LZ
LZ
MSTR
MSTR
Operating Cash FlowLast quarter
$34.1M
Free Cash FlowOCF − Capex
$28.0M
FCF MarginFCF / Revenue
14.7%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
5.63×
TTM Free Cash FlowTrailing 4 quarters
$147.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LZ
LZ
MSTR
MSTR
Q4 25
$34.1M
Q3 25
$54.2M
$-8.3M
Q2 25
$39.1M
$-34.9M
Q1 25
$50.7M
$-2.4M
Q4 24
$42.6M
$-17.3M
Q3 24
$31.6M
$-41.0M
Q2 24
$27.2M
$-23.3M
Q1 24
$34.2M
$28.6M
Free Cash Flow
LZ
LZ
MSTR
MSTR
Q4 25
$28.0M
Q3 25
$47.0M
$-11.1M
Q2 25
$31.6M
$-37.0M
Q1 25
$41.3M
$-5.1M
Q4 24
$35.9M
$-17.6M
Q3 24
$22.0M
$-41.4M
Q2 24
$17.4M
$-24.1M
Q1 24
$24.7M
$27.0M
FCF Margin
LZ
LZ
MSTR
MSTR
Q4 25
14.7%
Q3 25
24.7%
-8.6%
Q2 25
16.4%
-32.3%
Q1 25
22.6%
-4.6%
Q4 24
22.2%
-14.6%
Q3 24
13.0%
-35.7%
Q2 24
9.8%
-21.6%
Q1 24
14.2%
23.5%
Capex Intensity
LZ
LZ
MSTR
MSTR
Q4 25
3.2%
Q3 25
3.8%
2.2%
Q2 25
3.9%
1.8%
Q1 25
5.1%
2.5%
Q4 24
4.1%
0.2%
Q3 24
5.7%
0.4%
Q2 24
5.6%
0.6%
Q1 24
5.4%
1.3%
Cash Conversion
LZ
LZ
MSTR
MSTR
Q4 25
5.63×
Q3 25
12.03×
-0.00×
Q2 25
-0.00×
Q1 25
9.89×
Q4 24
3.31×
Q3 24
2.86×
Q2 24
20.74×
Q1 24
7.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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