Lazard (LAZ) Capital Expenditures (2010 - 2026)

Lazard's (LAZ) quarterly Capital Expenditures came in at $2.2 million in Q1 2026, down 84.19% year-on-year from $13.8 million in Q1 2025, and down 38.97% quarter-over-quarter from $3.6 million in Q4 2025.

Lazard (LAZ) Capital Expenditures (2010 - 2026) Analysis & Trends

Lazard has disclosed Capital Expenditures across 15 years of filings, most recently posting $2.2 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $2.2 million, down 84.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.3 million (down 61.47% YoY), and the FY2025 annual result was $31.9 million, down 29.79% from the prior year.
  • Capital Expenditures came in at $2.2 million for Q1 2026 at Lazard, down from $3.6 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $24.5 million in Q4 2022 to a low of $2.2 million in Q1 2026.
  • The 5-year median for Capital Expenditures is $7.4 million (2023), against an average of $9.3 million.
  • Across the five-year window, Capital Expenditures surged 133.72% in 2024 and sank 84.19% in 2026, its largest moves.
  • Lazard's Capital Expenditures stood at $24.5 million in 2022, then plunged by 64.15% to $8.8 million in 2023, then jumped by 69.17% to $14.9 million in 2024, then tumbled by 75.93% to $3.6 million in 2025, then tumbled by 38.97% to $2.2 million in 2026.
  • The last three Capital Expenditures figures came in at $2.2 million (Q1 2026), $3.6 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 754.00 Mn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 565.00 Mn
4 Schwab Charles 153.74 Bn 108.77 Bn - 140.00 Mn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 9.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 26.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 165.76 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 254,000.00
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 9.36 Mn
10 Lazard 4.57 Bn 3.54 Bn - 2.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.19 Mn
Mar 31, 2026 2.19 Mn
Dec 31, 2025 3.58 Mn
Dec 31, 2025 3.58 Mn
Sep 30, 2025 2.86 Mn
Sep 30, 2025 2.86 Mn
Jun 30, 2025 11.69 Mn
Jun 30, 2025 11.69 Mn
Mar 31, 2025 13.82 Mn
Mar 31, 2025 13.82 Mn
Dec 31, 2024 14.87 Mn
Dec 31, 2024 14.87 Mn
Sep 30, 2024 17.56 Mn
Sep 30, 2024 17.56 Mn
Jun 30, 2024 6.44 Mn
Jun 30, 2024 6.44 Mn
Mar 31, 2024 6.62 Mn
Mar 31, 2024 6.62 Mn
Dec 31, 2023 8.79 Mn
Dec 31, 2023 8.79 Mn