Lazard (LAZ) Operating Expenses (2009 - 2026)

Lazard has reported Operating Expenses for 18 years, with the latest figure at $770.1 million in Q2 2026.

• Quarterly Operating Expenses rose 9.55% year-over-year to $770.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.9 billion (up 10.73% YoY) and the FY2025 annual result came in at $2.8 billion, up 3.97% from the prior year.
• Operating Expenses advanced to $770.1 million in Q2 2026 per LAZ's latest filing, from $667.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $821.8 million in Q4 2025 and troughed at $513.7 million in Q2 2022.
• A 5-year average of $651.4 million and a median of $646.2 million in 2022 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses slipped 21.8% in 2022, then soared 46.62% in 2023.
• Over 5 years, Operating Expenses stood at $639.2 million in 2022, then rose by 14.84% to $734.1 million in 2023, then retreated by 3.32% to $709.8 million in 2024, then gained by 15.78% to $821.8 million in 2025, then slipped by 6.29% to $770.1 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $770.1 million, $667.0 million, and $821.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.