Lazard (LAZ) Net Income (2009 - 2026)
Lazard's (LAZ) quarterly Net Income came in at -$8.8 million in Q2 2026, down 121.91% year-over-year from $40.2 million in Q2 2025, and down 111.32% quarter-over-quarter from $77.7 million in Q1 2026.
Analysis
Lazard (LAZ) Net Income (2009 - 2026) Analysis & Trends
Lazard has disclosed Net Income across 18 years of filings, most recently posting -$8.8 million for Q2 2026.
- In Q2 2026, Net Income fell 121.91% year-over-year to -$8.8 million; the TTM figure through Jun 2026 stood at $151.3 million (down 34.43% YoY), while the FY2025 annual figure was $163.4 million, down 17.74% from the prior year.
- Net Income came in at -$8.8 million for Q2 2026 at Lazard, down from $77.7 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $103.1 million in Q3 2022 to a low of -$139.6 million in Q2 2023.
- Average Net Income over 5 years is $33.7 million, with a median of $40.5 million recorded in 2025.
- Year-over-year, Net Income sank 297.88% in 2023 and jumped 850.02% in 2024.
- Over 5 years, Net Income stood at $37.6 million in 2022, then jumped by 37.66% to $51.8 million in 2023, then advanced by 8.49% to $56.1 million in 2024, then tumbled by 43.8% to $31.6 million in 2025, then sank by 127.88% to -$8.8 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were -$8.8 million in Q2 2026, $77.7 million in Q1 2026, and $31.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 106.50 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 249.95 Mn |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | -8,222.00 |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 81.29 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 55.13 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 70.10 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | -8.80 Mn |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 9.57 Mn |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 6.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.80 Mn |
| Mar 31, 2026 | 77.75 Mn |
| Dec 31, 2025 | 31.56 Mn |
| Sep 30, 2025 | 50.81 Mn |
| Jun 30, 2025 | 40.15 Mn |
| Mar 31, 2025 | 40.88 Mn |
| Dec 31, 2024 | 56.15 Mn |
| Sep 30, 2024 | 93.59 Mn |
| Jun 30, 2024 | 29.41 Mn |
| Mar 31, 2024 | 19.50 Mn |
| Dec 31, 2023 | 51.75 Mn |
| Sep 30, 2023 | -12.48 Mn |
| Jun 30, 2023 | -139.58 Mn |
| Mar 31, 2023 | -35.50 Mn |
| Dec 31, 2022 | 37.59 Mn |
| Sep 30, 2022 | 103.11 Mn |
| Jun 30, 2022 | 70.54 Mn |
| Mar 31, 2022 | 99.72 Mn |
| Dec 31, 2021 | 190.82 Mn |
| Sep 30, 2021 | 95.14 Mn |