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LAZ · NYSE · Financial - Capital Markets

Lazard (LAZ)

Advises on transactions and restructurings while managing securities and merchant-banking funds.

$36.60

After hours−0.01 (−0.03%)

At close$36.61(+0.36%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	532	819	774	695	792	825	658	808	763	929	772	830
Cost of revenue	365	587	551	453	465	534	430	519	498	726	492	23
Gross profit	167	232	223	243	327	290	227	289	265	204	280	808
	172	160	169	179	166	183	173	196	170	96	175	770
Research & development	1	0	0	0	0	0	0	0	0	0	0	0
	102	84	102	108	104	112	109	118	111	35	114	34
Selling & marketing	21	27	24	25	22	29	28	30	26	35	29	34
General & administrative	81	57	79	83	82	84	81	88	85	0	86	0
Other expenses	70	76	66	71	62	71	64	78	59	61	61	736
Operating income	−5	72	55	64	161	107	55	93	95	108	105	38
	0	0	0	0	0	0	0	0	0	−23	−15	0
Interest income	12	7	11	13	15	14	12	9	8	10	8	7
Interest expense	19	20	21	23	23	22	21	21	23	23	23	23
Other non-operating income	−19	−20	−21	−23	−23	−22	−21	−21	−23	0	−8	0
Income before tax	−5	72	55	64	161	107	55	93	95	85	90	38
Income tax expense	−12	0	14	12	45	29	−7	32	21	31	−11	24
Net income from continuing operations	7	71	40	52	116	78	62	61	74	54	101	14
Net income	7	64	36	50	108	86	60	55	71	50	101	5
EPS, basic	$0.07	$0.69	$0.38	$0.53	$1.13	$0.89	$0.61	$0.56	$0.73	$0.50	$1.01	$0.05
EPS, diluted	$0.06	$0.65	$0.35	$0.49	$1.02	$0.80	$0.56	$0.52	$0.67	$0.45	$0.91	$0.04
Weighted average shares, basic	89	90	91	93	94	95	95	98	97	99	99	101
Weighted average shares, diluted	94	95	99	101	103	106	105	105	106	108	107	107
EBITDA	25	102	84	96	193	138	84	123	126	116	120	38
Depreciation & amortization	11	11	9	9	9	9	8	9	8	9	8	0
EBIT	14	92	75	86	184	129	76	114	118	108	112	38