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Lazard (LAZ) Operating Expenses (2016 - 2026)

Lazard's Operating Expenses history spans 18 years, with the latest figure at $667.0 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 12.4% to $667.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $2.8 billion, a 11.62% increase, with the full-year FY2025 number at $2.8 billion, up 3.97% from a year prior.
  • Operating Expenses hit $667.0 million in Q1 2026 for Lazard, down from $821.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for LAZ hit a ceiling of $821.8 million in Q4 2025 and a floor of $513.7 million in Q2 2022.
  • Historically, Operating Expenses has averaged $644.5 million across 5 years, with a median of $639.2 million in 2022.
  • Biggest five-year swings in Operating Expenses: fell 21.8% in 2022 and later soared 46.62% in 2023.
  • Tracing LAZ's Operating Expenses over 5 years: stood at $639.2 million in 2022, then increased by 14.84% to $734.1 million in 2023, then fell by 3.32% to $709.8 million in 2024, then rose by 15.78% to $821.8 million in 2025, then dropped by 18.83% to $667.0 million in 2026.
  • Business Quant data shows Operating Expenses for LAZ at $667.0 million in Q1 2026, $821.8 million in Q4 2025, and $653.1 million in Q3 2025.