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| Date | Value |
|---|---|
| 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 |