Lazard (LAZ) Accumulated Expenses (2010 - 2026)

Lazard's (LAZ) quarterly Accumulated Expenses came in at $214.1 million in Q1 2026, down 13.74% year-on-year from $248.2 million in Q1 2025, and down 73.06% quarter-over-quarter from $794.8 million in Q4 2025.

Lazard (LAZ) Accumulated Expenses (2010 - 2026) Analysis & Trends

Lazard has disclosed Accumulated Expenses across 17 years of filings, most recently posting $214.1 million for Q1 2026.

  • Accumulated Expenses for Q1 2026 came in at $214.1 million, down 13.74% year-over-year; the trailing twelve-month figure through Mar 2026 was $214.1 million (down 13.74% YoY), and the FY2025 annual result was $794.8 million, down 5.94% from the prior year.
  • Accumulated Expenses came in at $214.1 million for Q1 2026 at Lazard, down from $794.8 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.
  • The 5-year median for Accumulated Expenses is $505.9 million (2025), against an average of $545.0 million.
  • Across the five-year window, Accumulated Expenses soared 272.56% in 2022 and tumbled 49.95% in 2025, its largest moves.
  • Lazard's 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 tumbled by 73.06% to $214.1 million in 2026.
  • The last three Accumulated Expenses figures came in at $214.1 million (Q1 2026), $794.8 million (Q4 2025), and $505.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn -
2 Morgan Stanley 331.35 Bn 197.82 Bn -
3 Goldman Sachs 317.73 Bn -619.82 Bn -
4 Schwab Charles 153.74 Bn 108.77 Bn -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn -
7 LPL Financial Holdings 22.76 Bn 21.73 Bn -
8 Tradeweb Markets 20.90 Bn 19.65 Bn -
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn
10 Lazard 4.57 Bn 3.54 Bn -

Historic Data

Download Data
DateValue
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 197.44 Mn
Sep 30, 2021 711.78 Mn
Jun 30, 2021 644.78 Mn