Growth Metrics

Lazard (LAZ) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Lazard (LAZ) over the last 17 years, with Q3 2025 value amounting to $653.1 million.

  • Lazard's Operating Expenses rose 472.5% to $653.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $2.7 billion, marking a year-over-year decrease of 113.17%. This contributed to the annual value of $2.7 billion for FY2024, which is 269.39% up from last year.
  • As of Q3 2025, Lazard's Operating Expenses stood at $653.1 million, which was up 472.5% from $702.9 million recorded in Q2 2025.
  • In the past 5 years, Lazard's Operating Expenses ranged from a high of $753.2 million in Q2 2023 and a low of $513.7 million during Q2 2022
  • For the 5-year period, Lazard's Operating Expenses averaged around $628.2 million, with its median value being $623.7 million (2024).
  • In the last 5 years, Lazard's Operating Expenses tumbled by 2179.53% in 2022 and then skyrocketed by 4661.77% in 2023.
  • Quarter analysis of 5 years shows Lazard's Operating Expenses stood at $724.0 million in 2021, then dropped by 11.71% to $639.2 million in 2022, then rose by 14.84% to $734.1 million in 2023, then decreased by 3.32% to $709.8 million in 2024, then dropped by 7.98% to $653.1 million in 2025.
  • Its last three reported values are $653.1 million in Q3 2025, $702.9 million for Q2 2025, and $593.4 million during Q1 2025.