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Lazard (LAZ) Research & Development (2016 - 2025)

Lazard (LAZ) has disclosed Research & Development for 17 consecutive years, with $48.8 million as the latest value for Q4 2025.

  • Quarterly Research & Development rose 2.67% to $48.8 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $193.2 million through Dec 2025, up 5.27% year-over-year, with the annual reading at $193.2 million for FY2025, 5.27% up from the prior year.
  • Research & Development hit $48.8 million in Q4 2025 for Lazard, roughly flat from $48.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $51.4 million in Q2 2023 to a low of $33.7 million in Q1 2021.
  • Historically, Research & Development has averaged $44.2 million across 5 years, with a median of $45.6 million in 2024.
  • Biggest five-year swings in Research & Development: grew 22.11% in 2023 and later decreased 9.66% in 2024.
  • Year by year, Research & Development stood at $39.8 million in 2021, then increased by 18.52% to $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 rose by 2.67% to $48.8 million in 2025.
  • Business Quant data shows Research & Development for LAZ at $48.8 million in Q4 2025, $48.9 million in Q3 2025, and $49.3 million in Q2 2025.