Lazard (LAZ) Operating Income (2009 - 2026)
Lazard (LAZ) posted Operating Income of $37.6 million for Q2 2026, down 59.6% from $93.08 million a year earlier and down 58.0% from the prior quarter.
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Analysis
Lazard (LAZ) Operating Income (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Lazard was $307.06 million, down 26.2% year-over-year; for FY2025, it came in at $327.6 million, down 15.2% from FY2024.
- Annual Operating Income shows a five-year compound annual growth rate of -8.2% (FY2020 to FY2025).
- In prior years, Lazard's Operating Income was $386.47 million in FY2024, -$79.96 million in FY2023, $516.85 million in FY2022 (-28.6%) and $723.85 million in FY2021 (+44.2%).
- The Q2 2026 figure stands as the lowest quarterly Operating Income since Q3 2023.
- On a year-over-year basis, Operating Income increased in four of the last seven quarters, with growth averaging 5.4%.
- The strongest year-over-year quarter for Operating Income in the past five years was Q1 2026, with growth of 63.9%; the weakest was Q4 2022, with a decline of 72.7%.
- According to Business Quant data, Operating Income for the three prior quarters was $89.57 million (Q1 2026), $84.95 million (Q4 2025) and $94.93 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 1.11 Bn |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 1.39 Bn |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | - |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 712.00 Mn |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | - |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 476.00 Mn |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | - |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 245.26 Mn |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 34.36 Mn |
| 10 | Lazard | 3.62 Bn | -1.15 Bn | - | 37.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.60 Mn |
| Mar 31, 2026 | 89.57 Mn |
| Dec 31, 2025 | 84.95 Mn |
| Sep 30, 2025 | 94.93 Mn |
| Jun 30, 2025 | 93.08 Mn |
| Mar 31, 2025 | 54.64 Mn |
| Dec 31, 2024 | 107.08 Mn |
| Sep 30, 2024 | 161.19 Mn |
| Jun 30, 2024 | 63.64 Mn |
| Mar 31, 2024 | 54.56 Mn |
| Dec 31, 2023 | 71.90 Mn |
| Sep 30, 2023 | -4.86 Mn |
| Jun 30, 2023 | -110.07 Mn |
| Mar 31, 2023 | -36.92 Mn |
| Dec 31, 2022 | 73.14 Mn |
| Sep 30, 2022 | 158.14 Mn |
| Jun 30, 2022 | 125.84 Mn |
| Mar 31, 2022 | 159.73 Mn |
| Dec 31, 2021 | 268.34 Mn |
| Sep 30, 2021 | 154.96 Mn |
API Access
Lazard Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=LAZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "LAZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();