Lazard (LAZ) Research & Development (2009 - 2026)

Lazard (LAZ) posted Research & Development of $52.6 million for Q2 2026, up 9.03% sequentially from $48.3 million in Q1 2026, and up 6.82% YoY from $49.3 million in Q2 2025.

Lazard (LAZ) Research & Development (2009 - 2026) Analysis & Trends

Lazard has reported Research & Development for 18 years, with the latest figure at $52.6 million in Q2 2026.

  • Quarterly Research & Development rose 6.82% year-over-year to $52.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $198.6 million (up 5.82% YoY) and the FY2025 annual result came in at $193.2 million, up 5.27% from the prior year.
  • Research & Development advanced to $52.6 million in Q2 2026 per LAZ's latest filing, from $48.3 million in the prior quarter.
  • Over five years, Research & Development peaked at $52.6 million in Q2 2026 and troughed at $37.9 million in Q1 2022.
  • A 5-year average of $46.6 million and a median of $47.0 million in 2022 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2023 and 2024: Research & Development grew 22.11% in 2023, then decreased 9.66% in 2024.
  • Over 5 years, Research & Development stood at $47.1 million in 2022, then increased by 0.51% to $47.4 million in 2023, then increased by 0.44% to $47.6 million in 2024, then climbed by 2.67% to $48.8 million in 2025, then gained by 7.76% to $52.6 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $52.6 million, $48.3 million, and $48.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 1.20 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 635.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -65.09 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 256.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.20 Mn
10 Lazard 4.84 Bn 3.85 Bn - 52.63 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 52.63 Mn
Mar 31, 2026 48.28 Mn
Dec 31, 2025 48.85 Mn
Sep 30, 2025 48.86 Mn
Jun 30, 2025 49.27 Mn
Mar 31, 2025 46.22 Mn
Dec 31, 2024 47.57 Mn
Sep 30, 2024 44.63 Mn
Jun 30, 2024 46.41 Mn
Mar 31, 2024 44.92 Mn
Dec 31, 2023 47.36 Mn
Sep 30, 2023 46.90 Mn
Jun 30, 2023 51.37 Mn
Mar 31, 2023 44.04 Mn
Dec 31, 2022 47.13 Mn
Sep 30, 2022 44.58 Mn
Jun 30, 2022 42.07 Mn
Mar 31, 2022 37.93 Mn
Dec 31, 2021 39.76 Mn
Sep 30, 2021 37.56 Mn