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Side-by-side financial comparison of LEGALZOOM.COM, INC. (LZ) and National Storage Affiliates Trust (NSA). Click either name above to swap in a different company.

LEGALZOOM.COM, INC. is the larger business by last-quarter revenue ($190.3M vs $187.0M, roughly 1.0× National Storage Affiliates Trust). National Storage Affiliates Trust runs the higher net margin — 12.2% vs 3.2%, a 9.1% gap on every dollar of revenue. On growth, LEGALZOOM.COM, INC. posted the faster year-over-year revenue change (17.7% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $28.0M). Over the past eight quarters, LEGALZOOM.COM, INC.'s revenue compounded faster (4.5% CAGR vs -2.4%).

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...

National Storage Affiliates Trust is a U.S.-headquartered real estate investment trust focused on self-storage assets. It owns, operates and acquires self-storage facilities across dozens of U.S. states, offering secure storage solutions for residential and commercial customers.

LZ vs NSA — Head-to-Head

Bigger by revenue
LZ
LZ
1.0× larger
LZ
$190.3M
$187.0M
NSA
Growing faster (revenue YoY)
LZ
LZ
+19.3% gap
LZ
17.7%
-1.6%
NSA
Higher net margin
NSA
NSA
9.1% more per $
NSA
12.2%
3.2%
LZ
More free cash flow
NSA
NSA
$271.8M more FCF
NSA
$299.8M
$28.0M
LZ
Faster 2-yr revenue CAGR
LZ
LZ
Annualised
LZ
4.5%
-2.4%
NSA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LZ
LZ
NSA
NSA
Revenue
$190.3M
$187.0M
Net Profit
$6.1M
$22.9M
Gross Margin
67.6%
72.5%
Operating Margin
6.6%
20.2%
Net Margin
3.2%
12.2%
Revenue YoY
17.7%
-1.6%
Net Profit YoY
-52.9%
36.8%
EPS (diluted)
$0.03
$0.23

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
NSA
NSA
Q4 25
$190.3M
$187.0M
Q3 25
$190.2M
$188.7M
Q2 25
$192.5M
$188.8M
Q1 25
$183.1M
$188.4M
Q4 24
$161.7M
$190.1M
Q3 24
$168.6M
$193.6M
Q2 24
$177.4M
$190.4M
Q1 24
$174.2M
$196.1M
Net Profit
LZ
LZ
NSA
NSA
Q4 25
$6.1M
$22.9M
Q3 25
$4.5M
$18.4M
Q2 25
$-266.0K
$19.5M
Q1 25
$5.1M
$13.0M
Q4 24
$12.9M
$16.7M
Q3 24
$11.1M
$18.7M
Q2 24
$1.3M
$17.1M
Q1 24
$4.7M
$59.0M
Gross Margin
LZ
LZ
NSA
NSA
Q4 25
67.6%
72.5%
Q3 25
67.3%
70.7%
Q2 25
65.0%
70.5%
Q1 25
63.7%
70.7%
Q4 24
67.0%
72.5%
Q3 24
67.5%
72.8%
Q2 24
64.1%
72.6%
Q1 24
60.7%
72.1%
Operating Margin
LZ
LZ
NSA
NSA
Q4 25
6.6%
20.2%
Q3 25
3.4%
15.8%
Q2 25
-1.6%
16.5%
Q1 25
4.9%
11.0%
Q4 24
8.1%
14.5%
Q3 24
9.6%
15.8%
Q2 24
0.6%
17.2%
Q1 24
2.9%
48.9%
Net Margin
LZ
LZ
NSA
NSA
Q4 25
3.2%
12.2%
Q3 25
2.4%
9.8%
Q2 25
-0.1%
10.3%
Q1 25
2.8%
6.9%
Q4 24
7.9%
8.8%
Q3 24
6.6%
9.7%
Q2 24
0.7%
9.0%
Q1 24
2.7%
30.1%
EPS (diluted)
LZ
LZ
NSA
NSA
Q4 25
$0.03
$0.23
Q3 25
$0.02
$0.17
Q2 25
$0.00
$0.19
Q1 25
$0.03
$0.10
Q4 24
$0.07
$0.19
Q3 24
$0.06
$0.18
Q2 24
$0.01
$0.16
Q1 24
$0.02
$0.65

Balance Sheet & Financial Strength

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

Metric
LZ
LZ
NSA
NSA
Cash + ST InvestmentsLiquidity on hand
$203.1M
$23.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$171.9M
$946.0M
Total Assets
$511.5M
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LZ
LZ
NSA
NSA
Q4 25
$203.1M
$23.3M
Q3 25
$237.2M
$26.3M
Q2 25
$217.0M
$26.1M
Q1 25
$210.0M
$19.3M
Q4 24
$142.1M
$50.4M
Q3 24
$112.5M
$69.9M
Q2 24
$118.8M
$59.0M
Q1 24
$228.1M
$64.2M
Stockholders' Equity
LZ
LZ
NSA
NSA
Q4 25
$171.9M
$946.0M
Q3 25
$201.9M
$973.1M
Q2 25
$194.1M
$1.0B
Q1 25
$187.2M
$1.0B
Q4 24
$93.3M
$1.1B
Q3 24
$60.1M
$986.9M
Q2 24
$60.8M
$1.2B
Q1 24
$167.9M
$1.3B
Total Assets
LZ
LZ
NSA
NSA
Q4 25
$511.5M
$5.1B
Q3 25
$551.1M
$5.1B
Q2 25
$543.0M
$5.2B
Q1 25
$532.7M
$5.3B
Q4 24
$373.9M
$5.4B
Q3 24
$348.8M
$5.4B
Q2 24
$359.5M
$5.3B
Q1 24
$459.7M
$5.4B

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
NSA
NSA
Operating Cash FlowLast quarter
$34.1M
$338.5M
Free Cash FlowOCF − Capex
$28.0M
$299.8M
FCF MarginFCF / Revenue
14.7%
160.3%
Capex IntensityCapex / Revenue
3.2%
20.7%
Cash ConversionOCF / Net Profit
5.63×
14.79×
TTM Free Cash FlowTrailing 4 quarters
$147.9M
$541.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LZ
LZ
NSA
NSA
Q4 25
$34.1M
$338.5M
Q3 25
$54.2M
$100.2M
Q2 25
$39.1M
$79.9M
Q1 25
$50.7M
$85.6M
Q4 24
$42.6M
$363.1M
Q3 24
$31.6M
$105.7M
Q2 24
$27.2M
$83.2M
Q1 24
$34.2M
$94.0M
Free Cash Flow
LZ
LZ
NSA
NSA
Q4 25
$28.0M
$299.8M
Q3 25
$47.0M
$88.0M
Q2 25
$31.6M
$73.8M
Q1 25
$41.3M
$79.9M
Q4 24
$35.9M
$344.4M
Q3 24
$22.0M
$101.8M
Q2 24
$17.4M
$79.5M
Q1 24
$24.7M
$88.6M
FCF Margin
LZ
LZ
NSA
NSA
Q4 25
14.7%
160.3%
Q3 25
24.7%
46.6%
Q2 25
16.4%
39.1%
Q1 25
22.6%
42.4%
Q4 24
22.2%
181.2%
Q3 24
13.0%
52.6%
Q2 24
9.8%
41.7%
Q1 24
14.2%
45.2%
Capex Intensity
LZ
LZ
NSA
NSA
Q4 25
3.2%
20.7%
Q3 25
3.8%
6.5%
Q2 25
3.9%
3.2%
Q1 25
5.1%
3.0%
Q4 24
4.1%
9.8%
Q3 24
5.7%
2.0%
Q2 24
5.6%
1.9%
Q1 24
5.4%
2.7%
Cash Conversion
LZ
LZ
NSA
NSA
Q4 25
5.63×
14.79×
Q3 25
12.03×
5.44×
Q2 25
4.10×
Q1 25
9.89×
6.59×
Q4 24
3.31×
21.70×
Q3 24
2.86×
5.65×
Q2 24
20.74×
4.88×
Q1 24
7.21×
1.59×

Financial Flow Comparison

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

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