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| Date | Value |
|---|---|
| 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 |