Lazard (LAZ) Retained Earnings (2010 - 2026)
Lazard's (LAZ) quarterly Retained Earnings came in at -$276.7 million in Q1 2026, down 118.72% year-on-year from $1.5 billion in Q1 2025, and down 118.23% quarter-over-quarter from $1.5 billion in Q4 2025.
Lazard (LAZ) Retained Earnings (2010 - 2026) Analysis & Trends
Lazard has disclosed Retained Earnings across 17 years of filings, most recently posting -$276.7 million for Q1 2026.
- Retained Earnings for Q1 2026 came in at -$276.7 million, down 118.72% year-over-year; the trailing twelve-month figure through Mar 2026 was -$276.7 million (down 118.72% YoY), and the FY2025 annual result was $1.5 billion, up 3.09% from the prior year.
- Retained Earnings came in at -$276.7 million for Q1 2026 at Lazard, down from $1.5 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $1.7 billion in Q3 2022 to a low of -$304.0 million in Q1 2024.
- The 5-year median for Retained Earnings is $1.4 billion (2023), against an average of $773.0 million.
- Across the five-year window, Retained Earnings jumped 818.37% in 2022 and plunged 119.45% in 2025, its largest moves.
- Lazard's Retained Earnings stood at $1.7 billion in 2022, then fell by 16.35% to $1.4 billion in 2023, then gained by 4.95% to $1.5 billion in 2024, then gained by 3.09% to $1.5 billion in 2025, then slumped by 118.23% to -$276.7 million in 2026.
- The last three Retained Earnings figures came in at -$276.7 million (Q1 2026), $1.5 billion (Q4 2025), and -$273.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | -103.29 Mn |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | -5.51 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 169.32 Bn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | -10.76 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | -1.80 Bn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 3.60 Bn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 6.17 Bn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 7.93 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | -1.24 Bn |
| 10 | Lazard | 4.57 Bn | 3.54 Bn | - | -276.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -276.68 Mn |
| Dec 31, 2025 | 1.52 Bn |
| Sep 30, 2025 | -272.95 Mn |
| Jun 30, 2025 | -268.90 Mn |
| Mar 31, 2025 | 1.48 Bn |
| Dec 31, 2024 | 1.47 Bn |
| Sep 30, 2024 | 1.44 Bn |
| Jun 30, 2024 | 1.38 Bn |
| Mar 31, 2024 | -304.00 Mn |
| Dec 31, 2023 | 1.40 Bn |
| Sep 30, 2023 | 1.39 Bn |
| Jun 30, 2023 | -281.89 Mn |
| Mar 31, 2023 | -282.96 Mn |
| Dec 31, 2022 | 1.68 Bn |
| Sep 30, 2022 | 1.68 Bn |
| Jun 30, 2022 | 1.63 Bn |
| Mar 31, 2022 | -237.63 Mn |
| Dec 31, 2021 | 1.56 Bn |
| Sep 30, 2021 | -246.53 Mn |
| Jun 30, 2021 | -226.65 Mn |