Lazard LAZ
NYSE LAZ
$35.76 -0.32 (-0.89%)
At close: Sep 18, 2026 · 4:00 PM EDT

Lazard (LAZ) Cash from Operations (2010 - 2026)

Lazard's (LAZ) quarterly Cash from Operations came in at $203.4 million in Q2 2026, up 309.42% year-over-year from $49.7 million in Q2 2025, and up 192.76% quarter-over-quarter from -$219.3 million in Q1 2026.

Analysis

Lazard (LAZ) Cash from Operations (2010 - 2026) Analysis & Trends

Lazard has disclosed Cash from Operations across 15 years of filings, most recently posting $203.4 million for Q2 2026.

  • In Q2 2026, Cash from Operations rose 309.42% year-over-year to $203.4 million; the TTM figure through Jun 2026 stood at $671.3 million (up 37.36% YoY), while the FY2025 annual figure was $519.3 million, down 30.09% from the prior year.
  • Cash from Operations came in at $203.4 million for Q2 2026 at Lazard, up from -$219.3 million in the prior quarter.
  • In the past five years, Cash from Operations ranged from a high of $434.6 million in Q3 2022 to a low of -$411.4 million in Q1 2023.
  • Average Cash from Operations over 5 years is $124.7 million, with a median of $202.2 million recorded in 2023.
  • Year-over-year, Cash from Operations jumped 777.09% in 2024 and sank 141.73% in 2025.
  • Over 5 years, Cash from Operations stood at $314.3 million in 2022, then grew by 8.68% to $341.6 million in 2023, then increased by 6.22% to $362.9 million in 2024, then gained by 10.15% to $399.7 million in 2025, then plunged by 49.11% to $203.4 million in 2026.
  • Per Business Quant data, the three most recent Cash from Operations figures were $203.4 million in Q2 2026, -$219.3 million in Q1 2026, and $399.7 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Evercore 10.14 Bn 8.05 Bn 975.67 Mn 525.52 Mn
2 Jefferies Financial 9.74 Bn -5.67 Bn 3.09 Bn 1.60 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 236.96 Mn
6 Moelis 5.25 Bn 5.17 Bn - 229.53 Mn
7 Piper Sandler Companies 4.88 Bn 4.77 Bn - 36.25 Mn
8 Lazard 3.95 Bn 2.96 Bn - 203.40 Mn
9 BRBI BR Partners 3.50 Bn 3.38 Bn 16.77 Mn 22.00 Mn
10 Perella Weinberg Partners 1.40 Bn 1.59 Bn - 48.82 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 203.40 Mn
Mar 31, 2026 -219.27 Mn
Dec 31, 2025 399.70 Mn
Sep 30, 2025 287.47 Mn
Jun 30, 2025 49.68 Mn
Mar 31, 2025 -217.53 Mn
Dec 31, 2024 362.85 Mn
Sep 30, 2024 293.72 Mn
Jun 30, 2024 176.24 Mn
Mar 31, 2024 -89.99 Mn
Dec 31, 2023 341.60 Mn
Sep 30, 2023 33.49 Mn
Jun 30, 2023 201.00 Mn
Mar 31, 2023 -411.42 Mn
Dec 31, 2022 314.32 Mn
Sep 30, 2022 434.56 Mn
Jun 30, 2022 298.63 Mn
Mar 31, 2022 -213.53 Mn
Dec 31, 2021 452.86 Mn
Sep 30, 2021 398.15 Mn