Lazard (LAZ) Change in Accured Expenses (2018 - 2026)
Lazard's (LAZ) quarterly Change in Accured Expenses came in at $65.2 million in Q2 2026, up 1512.32% year-over-year from $4.0 million in Q2 2025, and up 111.59% quarter-over-quarter from -$562.7 million in Q1 2026.
Analysis
Lazard (LAZ) Change in Accured Expenses (2018 - 2026) Analysis & Trends
Lazard has disclosed Change in Accured Expenses across 9 years of filings, most recently posting $65.2 million for Q2 2026.
- In Q2 2026, Change in Accured Expenses rose 1512.32% year-over-year to $65.2 million; the TTM figure through Jun 2026 stood at -$120.2 million (up 52.06% YoY), while the FY2025 annual figure was -$208.0 million, down 1768.74% from the prior year.
- Change in Accured Expenses came in at $65.2 million for Q2 2026 at Lazard, up from -$562.7 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $337.2 million in Q4 2023 to a low of -$580.7 million in Q1 2025.
- Average Change in Accured Expenses over 5 years is -$56.3 million, with a median of $19.5 million recorded in 2022.
- Year-over-year, Change in Accured Expenses plunged 439.42% in 2023 and jumped 1512.32% in 2026.
- Over 5 years, Change in Accured Expenses stood at $117.4 million in 2022, then jumped by 187.24% to $337.2 million in 2023, then slumped by 37.23% to $211.7 million in 2024, then soared by 39.74% to $295.8 million in 2025, then plunged by 77.96% to $65.2 million in 2026.
- Per Business Quant data, the three most recent Change in Accured Expenses figures were $65.2 million in Q2 2026, -$562.7 million in Q1 2026, and $295.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 237.70 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 811.78 Mn |
| 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 | 129.24 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 127.73 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 148.92 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 65.21 Mn |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | - |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 5.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.21 Mn |
| Mar 31, 2026 | -562.69 Mn |
| Dec 31, 2025 | 295.84 Mn |
| Sep 30, 2025 | 81.48 Mn |
| Jun 30, 2025 | -4.62 Mn |
| Mar 31, 2025 | -580.74 Mn |
| Dec 31, 2024 | 211.71 Mn |
| Sep 30, 2024 | 123.00 Mn |
| Jun 30, 2024 | -77.30 Mn |
| Mar 31, 2024 | -244.94 Mn |
| Dec 31, 2023 | 337.25 Mn |
| Sep 30, 2023 | -147.89 Mn |
| Jun 30, 2023 | 222.80 Mn |
| Mar 31, 2023 | -359.85 Mn |
| Dec 31, 2022 | 117.41 Mn |
| Sep 30, 2022 | 43.57 Mn |
| Jun 30, 2022 | -52.20 Mn |
| Mar 31, 2022 | -481.40 Mn |
| Dec 31, 2021 | 307.64 Mn |
| Sep 30, 2021 | 122.42 Mn |