Lazard (LAZ) Free Cash Flow (2010 - 2026)

Lazard's (LAZ) quarterly Free Cash Flow came in at -$221.5 million in Q1 2026, up 4.28% year-on-year from -$212.4 million in Q1 2025, and down 155.91% quarter-over-quarter from $396.1 million in Q4 2025.

Lazard (LAZ) Free Cash Flow (2010 - 2026) Analysis & Trends

Lazard has disclosed Free Cash Flow across 15 years of filings, most recently posting -$221.5 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$221.5 million, up 4.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $497.3 million (down 11.61% YoY), and the FY2025 annual result was $487.4 million, down 30.11% from the prior year.
  • Free Cash Flow came in at -$221.5 million for Q1 2026 at Lazard, down from $396.1 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $429.3 million in Q3 2022 to a low of -$416.0 million in Q1 2023.
  • The 5-year median for Free Cash Flow is $193.6 million (2023), against an average of $110.8 million.
  • Across the five-year window, Free Cash Flow soared 963.24% in 2024 and plunged 139.48% in 2025, its largest moves.
  • Lazard's Free Cash Flow stood at $289.8 million in 2022, then advanced by 14.84% to $332.8 million in 2023, then grew by 4.56% to $348.0 million in 2024, then increased by 13.83% to $396.1 million in 2025, then sank by 155.91% to -$221.5 million in 2026.
  • The last three Free Cash Flow figures came in at -$221.5 million (Q1 2026), $396.1 million (Q4 2025), and $284.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -1.33 Mn
2 Morgan Stanley 331.35 Bn 197.82 Bn - -7.85 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - -32.43 Bn
4 Schwab Charles 153.74 Bn 108.77 Bn - 7.20 Bn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 2.03 Bn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 3.59 Bn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 124.64 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 103.58 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 11.72 Mn
10 Lazard 4.57 Bn 3.54 Bn - -221.45 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -221.45 Mn
Mar 31, 2026 -221.45 Mn
Dec 31, 2025 396.12 Mn
Dec 31, 2025 396.12 Mn
Sep 30, 2025 284.62 Mn
Sep 30, 2025 284.62 Mn
Jun 30, 2025 37.99 Mn
Jun 30, 2025 37.99 Mn
Mar 31, 2025 -231.35 Mn
Mar 31, 2025 -231.35 Mn
Dec 31, 2024 347.98 Mn
Dec 31, 2024 347.98 Mn
Sep 30, 2024 276.16 Mn
Sep 30, 2024 276.16 Mn
Jun 30, 2024 169.80 Mn
Jun 30, 2024 169.80 Mn
Mar 31, 2024 -96.61 Mn
Mar 31, 2024 -96.61 Mn
Dec 31, 2023 332.80 Mn
Dec 31, 2023 332.80 Mn