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

Lazard has disclosed Research & Development across 18 years of filings, most recently posting $52.6 million for Q2 2026.

• In Q2 2026, Research & Development rose 6.82% year-over-year to $52.6 million; the TTM figure through Jun 2026 stood at $198.6 million (up 5.82% YoY), while the FY2025 annual figure was $193.2 million, up 5.27% from the prior year.
• Research & Development came in at $52.6 million for Q2 2026 at Lazard, up from $48.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $52.6 million in Q2 2026 to a low of $37.9 million in Q1 2022.
• Average Research & Development over 5 years is $46.6 million, with a median of $47.0 million recorded in 2022.
• Year-over-year, Research & Development climbed 22.11% in 2023 and retreated 9.66% in 2024.
• Over 5 years, Research & Development stood at $47.1 million in 2022, then climbed by 0.51% to $47.4 million in 2023, then climbed by 0.44% to $47.6 million in 2024, then gained by 2.67% to $48.8 million in 2025, then increased by 7.76% to $52.6 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $52.6 million in Q2 2026, $48.3 million in Q1 2026, and $48.8 million in Q4 2025.