Lazard (LAZ) EBITDA (2009 - 2026)
Lazard (LAZ) posted EBITDA of $37.6 million for Q2 2026, down 58.02% sequentially from $89.6 million in Q1 2026, and down 59.6% YoY from $93.1 million in Q2 2025.
Lazard (LAZ) EBITDA (2009 - 2026) Analysis & Trends
Lazard has reported EBITDA for 18 years, with the latest figure at $37.6 million in Q2 2026.
- Quarterly EBITDA fell 59.6% year-over-year to $37.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $307.1 million (down 26.19% YoY) and the FY2025 annual result came in at $327.6 million, down 15.23% from the prior year.
- EBITDA retreated to $37.6 million in Q2 2026 per LAZ's latest filing, from $89.6 million in the prior quarter.
- Over five years, EBITDA peaked at $161.2 million in Q3 2024 and troughed at -$110.1 million in Q2 2023.
- A 5-year average of $71.0 million and a median of $79.0 million in 2022 frame the typical range for EBITDA.
- The sharpest annual moves came in 2023 and 2024: EBITDA plunged 187.47% in 2023, then soared 3418.65% in 2024.
- Over 5 years, EBITDA stood at $73.1 million in 2022, then retreated by 1.7% to $71.9 million in 2023, then soared by 48.94% to $107.1 million in 2024, then dropped by 20.67% to $85.0 million in 2025, then sank by 55.74% to $37.6 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $37.6 million, $89.6 million, and $85.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 20.47 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 26.66 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 7.05 Bn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 532.81 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 470.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -233.52 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 2.33 Bn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 778.05 Mn |
| 10 | Lazard | 4.84 Bn | 3.85 Bn | - | 37.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.60 Mn |
| Mar 31, 2026 | 89.57 Mn |
| Dec 31, 2025 | 84.95 Mn |
| Sep 30, 2025 | 94.93 Mn |
| Jun 30, 2025 | 93.08 Mn |
| Mar 31, 2025 | 54.64 Mn |
| Dec 31, 2024 | 107.08 Mn |
| Sep 30, 2024 | 161.19 Mn |
| Jun 30, 2024 | 63.64 Mn |
| Mar 31, 2024 | 54.56 Mn |
| Dec 31, 2023 | 71.90 Mn |
| Sep 30, 2023 | -4.86 Mn |
| Jun 30, 2023 | -110.07 Mn |
| Mar 31, 2023 | -36.92 Mn |
| Dec 31, 2022 | 73.14 Mn |
| Sep 30, 2022 | 158.14 Mn |
| Jun 30, 2022 | 125.84 Mn |
| Mar 31, 2022 | 159.73 Mn |
| Dec 31, 2021 | 268.34 Mn |
| Sep 30, 2021 | 154.96 Mn |