Lazard, Inc.LAZEarnings & Financial Report
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.
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 Margin | N/A |
| Operating Margin | 12.3% |
| Report Period | Q3 2025 |
Lazard, Inc. Annual Revenue by Year
Lazard, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $3.1B).
| Year | Annual Revenue |
|---|---|
| 2024 | $3.1B |
| 2023 | $2.6B |
| 2022 | $2.9B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $825.8M | $785.5M | $708.0M | $807.4M | $839.0M | $669.2M | $817.2M | $770.8M |
| YoY Growth | 12.8% | 39.8% | 6.9% | 48.6% | 1.6% | -14.8% | 15.4% | -4.5% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 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 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $341.6M | $-90.0M | $176.2M | $293.7M | $362.9M | $-217.5M | $49.7M | $287.5M |
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