Lazard (LAZ) Change in Cash (2010 - 2026)
Lazard's (LAZ) quarterly Change in Cash came in at $68.3 million in Q2 2026, up 68.52% year-over-year from $40.5 million in Q2 2025, and up 115.66% quarter-over-quarter from -$436.1 million in Q1 2026.
Analysis
Lazard (LAZ) Change in Cash (2010 - 2026) Analysis & Trends
Lazard has disclosed Change in Cash across 15 years of filings, most recently posting $68.3 million for Q2 2026.
- In Q2 2026, Change in Cash rose 68.52% year-over-year to $68.3 million; the TTM figure through Jun 2026 stood at $54.4 million (down 66.77% YoY), while the FY2025 annual figure was $61.2 million, down 84.08% from the prior year.
- Change in Cash came in at $68.3 million for Q2 2026 at Lazard, up from -$436.1 million in the prior quarter.
- In the past five years, Change in Cash ranged from a high of $429.3 million in Q3 2024 to a low of -$1.5 billion in Q1 2023.
- Average Change in Cash over 5 years is -$118.2 million, with a median of $1.7 million recorded in 2023.
- Year-over-year, Change in Cash surged 347.96% in 2024 and tumbled 1875.24% in 2025.
- Over 5 years, Change in Cash stood at -$323.3 million in 2022, then surged by 167.49% to $218.2 million in 2023, then sank by 56.18% to $95.6 million in 2024, then surged by 158.84% to $247.5 million in 2025, then sank by 72.41% to $68.3 million in 2026.
- Per Business Quant data, the three most recent Change in Cash figures were $68.3 million in Q2 2026, -$436.1 million in Q1 2026, and $247.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 271.11 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 1.76 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 | -73.24 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 54.88 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | -40.20 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 68.29 Mn |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 15.95 Mn |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 38.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.29 Mn |
| Mar 31, 2026 | -436.11 Mn |
| Dec 31, 2025 | 247.53 Mn |
| Sep 30, 2025 | 174.74 Mn |
| Jun 30, 2025 | 40.53 Mn |
| Mar 31, 2025 | -401.59 Mn |
| Dec 31, 2024 | 95.63 Mn |
| Sep 30, 2024 | 429.29 Mn |
| Jun 30, 2024 | -120.20 Mn |
| Mar 31, 2024 | -20.33 Mn |
| Dec 31, 2023 | 218.21 Mn |
| Sep 30, 2023 | -173.13 Mn |
| Jun 30, 2023 | 23.76 Mn |
| Mar 31, 2023 | -1.48 Bn |
| Dec 31, 2022 | -323.32 Mn |
| Sep 30, 2022 | -262.78 Mn |
| Jun 30, 2022 | 93.58 Mn |
| Mar 31, 2022 | -298.10 Mn |
| Dec 31, 2021 | 268.99 Mn |
| Sep 30, 2021 | 455.49 Mn |