Lazard (LAZ) Operating Expenses (2009 - 2026)

Lazard (LAZ) has 18 years of Operating Expenses data on file, last reported at $667.0 million in Q1 2026.

• Quarterly Operating Expenses rose 12.4% year-over-year to $667.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.8 billion (up 11.62% YoY) and the FY2025 annual result came in at $2.8 billion, up 3.97% from the prior year.
• Operating Expenses slipped to $667.0 million in Q1 2026 per LAZ's latest filing, from $821.8 million in the prior quarter.
• The five-year high for Operating Expenses was $821.8 million in Q4 2025, with the low at $513.7 million in Q2 2022.
• Average Operating Expenses over 5 years is $644.5 million, with a median of $639.2 million recorded in 2022.
• Year-over-year, Operating Expenses declined 21.8% in 2022 and surged 46.62% in 2023.
• Lazard's Operating Expenses stood at $639.2 million in 2022, then gained by 14.84% to $734.1 million in 2023, then decreased by 3.32% to $709.8 million in 2024, then advanced by 15.78% to $821.8 million in 2025, then fell by 18.83% to $667.0 million in 2026.
• Business Quant data shows LAZ's Operating Expenses at $667.0 million in Q1 2026, $821.8 million in Q4 2025, and $653.1 million in Q3 2025.