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
DateValue
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