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

Lazard (LAZ) has 18 years of Research & Development data on file, last reported at $48.3 million in Q1 2026.

• Quarterly Research & Development rose 4.46% year-over-year to $48.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $195.3 million (up 5.64% YoY) and the FY2025 annual result came in at $193.2 million, up 5.27% from the prior year.
• Research & Development eased to $48.3 million in Q1 2026 per LAZ's latest filing, from $48.8 million in the prior quarter.
• The five-year high for Research & Development was $51.4 million in Q2 2023, with the low at $37.9 million in Q1 2022.
• Average Research & Development over 5 years is $46.3 million, with a median of $46.9 million recorded in 2023.
• Year-over-year, Research & Development rose 22.11% in 2023 and dropped 9.66% in 2024.
• Lazard's Research & Development stood at $47.1 million in 2022, then rose by 0.51% to $47.4 million in 2023, then rose by 0.44% to $47.6 million in 2024, then grew by 2.67% to $48.8 million in 2025, then decreased by 1.17% to $48.3 million in 2026.
• Business Quant data shows LAZ's Research & Development at $48.3 million in Q1 2026, $48.8 million in Q4 2025, and $48.9 million in Q3 2025.