LAZ
Lazard, Inc.
NYSE · Financial Services · Financial - Capital Markets · BM
$40.66
+6.08%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 3.4B | 3.2B | 3.1B | 2.6B | 2.8B |
| Cost of Revenue | 1.3B | 2.2B | 2.0B | 1.9B | 1.7B |
| Gross Profit | 2.1B | 1.0B | 1.1B | 605.1M | 1.2B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 886.4M | 118.5M | 426.7M | 430.7M | 384.9M |
| General & Admin Expense | 760.7M | — | 327.2M | 331.3M | 301.8M |
| Selling & Marketing Expense | 125.7M | 118.5M | 99.4M | 99.4M | 83.1M |
| Other Expenses | 872.9M | 479.3M | 270.0M | 254.4M | 267.5M |
| Total Operating Expenses | 1.8B | 597.8M | 696.6M | 685.1M | 652.3M |
| Cost and Expenses | 3.0B | 2.8B | 2.7B | 2.6B | 2.3B |
| Operating Income (EBIT) | 319.8M | 415.3M | 386.5M | (80.0M) | 516.8M |
| Non-Operating | |||||
| Interest Income | 32.0M | 38.5M | 53.6M | 42.0M | 29.5M |
| Interest Expense | 90.2M | 87.6M | 88.1M | 77.7M | 81.5M |
| Net Interest Income | (58.2M) | (49.1M) | (34.5M) | (35.7M) | (52.1M) |
| Other Non-Op Income/Expense | (52.9M) | (87.7M) | — | — | — |
| Non-Operating Income (excl Interest) | (14.8M) | 105.0K | (88.1M) | (77.7M) | (81.5M) |
| EBT (Pre-Tax Income) | 266.9M | 327.6M | 386.5M | (80.0M) | 516.8M |
| Income Tax Expense | 68.7M | 76.6M | 99.8M | (22.6M) | 124.4M |
| Bottom Line | |||||
| Net Income | 184.7M | 236.8M | 279.9M | (75.5M) | 357.5M |
| Earnings from Cont. Ops | 198.2M | 251.0M | 286.7M | (57.3M) | 392.5M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 181.6M | 230.9M | 273.0M | (79.9M) | 354.4M |
| Per Share | |||||
| Basic EPS | $1.83 | $2.43 | $2.93 | ($0.90) | $3.68 |
| Diluted EPS | $1.66 | $2.17 | $2.68 | ($0.90) | $3.51 |
| Revenue Per Share | $33.26 | $32.69 | $33.14 | $28.67 | $29.54 |
| Shares | |||||
| Basic Shares Outstanding | 101.0M | 97.5M | 93.1M | 89.0M | 95.7M |
| Diluted Shares Outstanding | 107.3M | 106.3M | 102.4M | 89.0M | 101.0M |
| Profitability Metrics | |||||
| EBITDA | 358.4M | 449.4M | 510.8M | 40.6M | 701.4M |
| D&A | 23.8M | 34.2M | 36.3M | 42.9M | 103.0M |
| EBIT | 334.6M | 415.2M | 474.5M | (2.3M) | 598.4M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026