Lazard, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Financial Advisory at $468.6 million, 56% of the total. By sales mix, the largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Financial Advisory Fees at $467.8 million, 56% of the total.
USD in millions. The percent under a figure is the change from the same quarter a year earlier.
| Line |
TTM
Sep 30, 2026
|
Q3 FY2026
Sep 30, 2026
|
Q2 FY2026
Jun 30, 2026
|
Q1 FY2026
Mar 31, 2026
|
Q4 FY2025
Dec 31, 2025
|
Q3 FY2025
Sep 30, 2025
|
Q2 FY2025
Jun 30, 2025
|
Q1 FY2025
Mar 31, 2025
|
Q4 FY2024
Dec 31, 2024
|
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
3,375
|
836
|
830
|
779
|
929
|
771
|
817
|
669
|
839
|
| Operating segments | |||||||||
| Financial Advisory |
1,818
+0.3%
share 53.9%
|
469
+9.6%
share 56.0%
|
449
-9.7%
share 54.1%
|
358
-2.5%
share 46.0%
|
542
+4.2%
share 58.4%
|
427
share 55.4%
|
497
share 60.9%
|
367
share 54.9%
|
520
share 62.0%
|
| Asset Management |
1,401
+14.8%
share 41.5%
|
353
+8.0%
share 42.2%
|
342
+17.0%
share 41.2%
|
338
+17.4%
share 43.4%
|
367
+17.6%
share 39.5%
|
327
share 42.4%
|
292
share 35.8%
|
288
share 43.1%
|
312
share 37.2%
|
| Sales mix | |||||||||
| Financial Advisory Fees |
—
|
468
+9.8%
share 55.9%
|
448
-9.1%
share 54.0%
|
357
-0.8%
share 45.9%
|
541
+4.2%
share 58.2%
|
426
share 55.3%
|
493
share 60.4%
|
360
share 53.9%
|
519
share 61.9%
|
| Management Fees |
—
|
346
+18.2%
share 41.4%
|
330
+21.9%
share 39.7%
|
315
+23.9%
share 40.5%
|
—
|
293
share 38.0%
|
270
share 33.1%
|
255
share 38.1%
|
—
|
| Product And Service Other |
—
|
6
-67.7%
share 0.7%
|
7
-56.8%
share 0.9%
|
11
-53.3%
share 1.4%
|
—
|
19
share 2.5%
|
17
share 2.1%
|
23
share 3.5%
|
—
|
| Incentive Fees |
—
|
1
-92.5%
share 0.1%
|
5
-0.3%
share 0.6%
|
12
+19.3%
share 1.5%
|
41
+20.4%
share 4.4%
|
15
share 2.0%
|
5
share 0.6%
|
10
share 1.5%
|
34
share 4.0%
|
How these figures are calculated
Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Investment Advice (SIC 6282)
- Listed as
- LAZ (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- New York, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1311370
- Former names
- Lazard Ltd (until Nov 29, 2023)
Other Investment Advice companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.