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Lazard, Inc.

Lazard, Inc.LAZEarnings & Financial Report

NYSE · financial sector

Lazard Inc. is an American financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients. It is the world's largest independent investment bank, with principal executive offices in New York City, Paris and London.

NextFeb 27, 2026

LAZ Q3 2025 Key Financial Metrics

Revenue

$770.8M

Gross Profit

N/A

Operating Profit

$94.9M

Net Profit

$71.2M

Gross Margin

N/A

Operating Margin

12.3%

Net Margin

9.2%

YoY Growth

-4.5%

EPS

$0.65

Financial Flow

Lazard, Inc. Q3 2025 Financial Summary

Lazard, Inc. reported revenue of $770.8M for Q3 2025, with a net profit of $71.2M (9.2% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$770.8M
Net Profit$71.2M
Gross MarginN/A
Operating Margin12.3%
Report PeriodQ3 2025

Lazard, Inc. Annual Revenue by Year

Lazard, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $3.1B).

YearAnnual Revenue
2024$3.1B
2023$2.6B
2022$2.9B

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$825.8M$785.5M$708.0M$807.4M$839.0M$669.2M$817.2M$770.8M
YoY Growth12.8%39.8%6.9%48.6%1.6%-14.8%15.4%-4.5%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$4.64B$4.59B$4.53B$4.82B$4.79B$4.23B$4.49B$4.63B
Liabilities$4.07B$4.05B$3.93B$4.06B$4.03B$3.50B$3.62B$3.68B
Equity$423.8M$392.7M$458.7M$624.3M$636.2M$603.0M$741.6M$841.5M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$341.6M$-90.0M$176.2M$293.7M$362.9M$-217.5M$49.7M$287.5M