Lazard (LAZ) Deferred Taxes (2015 - 2026)
Lazard's (LAZ) quarterly Deferred Taxes came in at -$15.5 million in Q1 2026, up 40.6% year-on-year from -$11.0 million in Q1 2025, and down 164.73% quarter-over-quarter from $23.9 million in Q4 2025.
Lazard (LAZ) Deferred Taxes (2015 - 2026) Analysis & Trends
Lazard has disclosed Deferred Taxes across 12 years of filings, most recently posting -$15.5 million for Q1 2026.
- Deferred Taxes for Q1 2026 came in at -$15.5 million, up 40.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $32.2 million (up 1572.85% YoY), and the FY2025 annual result was $21.6 million, up 94.93% from the prior year.
- Deferred Taxes came in at -$15.5 million for Q1 2026 at Lazard, down from $23.9 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $45.3 million in Q4 2024 to a low of -$154.5 million in Q2 2023.
- The 5-year median for Deferred Taxes is $12.3 million (2022), against an average of -$1.2 million.
- Across the five-year window, Deferred Taxes sank 1001.84% in 2023 and jumped 548.83% in 2025, its largest moves.
- Lazard's Deferred Taxes stood at -$13.0 million in 2022, then surged by 251.17% to $19.7 million in 2023, then soared by 130.11% to $45.3 million in 2024, then slumped by 47.13% to $23.9 million in 2025, then tumbled by 164.73% to -$15.5 million in 2026.
- The last three Deferred Taxes figures came in at -$15.5 million (Q1 2026), $23.9 million (Q4 2025), and $15.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (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 | - | -47.00 Mn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | -10.00 Mn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 34.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 1.00 Mn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | -21.92 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 21.41 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | - |
| 10 | Lazard | 4.57 Bn | 3.54 Bn | - | -15.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -15.50 Mn |
| Dec 31, 2025 | 23.94 Mn |
| Sep 30, 2025 | 15.47 Mn |
| Jun 30, 2025 | 8.25 Mn |
| Mar 31, 2025 | -26.09 Mn |
| Dec 31, 2024 | 45.28 Mn |
| Sep 30, 2024 | -19.53 Mn |
| Jun 30, 2024 | -1.84 Mn |
| Mar 31, 2024 | -12.84 Mn |
| Dec 31, 2023 | 19.68 Mn |
| Sep 30, 2023 | 13.57 Mn |
| Jun 30, 2023 | -154.55 Mn |
| Mar 31, 2023 | 40.24 Mn |
| Dec 31, 2022 | -13.02 Mn |
| Sep 30, 2022 | 12.33 Mn |
| Jun 30, 2022 | 17.14 Mn |
| Mar 31, 2022 | 26.26 Mn |
| Dec 31, 2021 | 36.88 Mn |
| Sep 30, 2021 | 10.13 Mn |
| Jun 30, 2021 | 13.97 Mn |