Lazard (LAZ) Accumulated Expenses (2010 - 2026)
Lazard's (LAZ) quarterly Accumulated Expenses came in at $365.8 million in Q2 2026, down 6.46% year-over-year from $391.0 million in Q2 2025, and up 70.86% quarter-over-quarter from $214.1 million in Q1 2026.
Analysis
Lazard (LAZ) Accumulated Expenses (2010 - 2026) Analysis & Trends
Lazard has disclosed Accumulated Expenses across 17 years of filings, most recently posting $365.8 million for Q2 2026.
- In Q2 2026, Accumulated Expenses fell 6.46% year-over-year to $365.8 million; the TTM figure through Jun 2026 stood at $365.8 million (down 6.46% YoY), while the FY2025 annual figure was $794.8 million, down 5.94% from the prior year.
- Accumulated Expenses came in at $365.8 million for Q2 2026 at Lazard, up from $214.1 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $845.0 million in Q4 2024 to a low of $214.1 million in Q1 2026.
- Average Accumulated Expenses over 5 years is $535.0 million, with a median of $503.6 million recorded in 2022.
- Year-over-year, Accumulated Expenses grew 27.58% in 2024 and slumped 49.95% in 2025.
- Over 5 years, Accumulated Expenses stood at $735.6 million in 2022, then grew by 6.23% to $781.4 million in 2023, then rose by 8.14% to $845.0 million in 2024, then declined by 5.94% to $794.8 million in 2025, then plunged by 53.98% to $365.8 million in 2026.
- Per Business Quant data, the three most recent Accumulated Expenses figures were $365.8 million in Q2 2026, $214.1 million in Q1 2026, and $794.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 365.78 Mn |
| Mar 31, 2026 | 214.08 Mn |
| Dec 31, 2025 | 794.75 Mn |
| Sep 30, 2025 | 505.86 Mn |
| Jun 30, 2025 | 391.05 Mn |
| Mar 31, 2025 | 248.19 Mn |
| Dec 31, 2024 | 844.95 Mn |
| Sep 30, 2024 | 633.71 Mn |
| Jun 30, 2024 | 550.19 Mn |
| Mar 31, 2024 | 495.92 Mn |
| Dec 31, 2023 | 781.38 Mn |
| Sep 30, 2023 | 496.71 Mn |
| Jun 30, 2023 | 601.69 Mn |
| Mar 31, 2023 | 442.89 Mn |
| Dec 31, 2022 | 735.58 Mn |
| Sep 30, 2022 | 531.50 Mn |
| Jun 30, 2022 | 494.46 Mn |
| Mar 31, 2022 | 501.33 Mn |
| Dec 31, 2021 | 972.30 Mn |
| Sep 30, 2021 | 711.78 Mn |