Lazard (LAZ) Tax Provisions (2009 - 2026)

Lazard's (LAZ) quarterly Tax Provisions came in at -$11.0 million in Q1 2026, down 49.43% year-on-year from -$21.7 million in Q1 2025, and down 135.75% quarter-over-quarter from $30.7 million in Q4 2025.

Lazard (LAZ) Tax Provisions (2009 - 2026) Analysis & Trends

Lazard has disclosed Tax Provisions across 18 years of filings, most recently posting -$11.0 million for Q1 2026.

  • Tax Provisions for Q1 2026 came in at -$11.0 million, down 49.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $72.9 million (down 6.57% YoY), and the FY2025 annual result was $76.6 million, down 23.24% from the prior year.
  • Tax Provisions came in at -$11.0 million for Q1 2026 at Lazard, down from $30.7 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $45.1 million in Q3 2024 to a low of -$21.7 million in Q1 2023.
  • The 5-year median for Tax Provisions is $16.1 million (2022), against an average of $15.7 million.
  • Across the five-year window, Tax Provisions slumped 156.06% in 2023 and jumped 7043.42% in 2024, its largest moves.
  • Lazard's Tax Provisions stood at $16.1 million in 2022, then plunged by 97.49% to $403000.0 in 2023, then surged by 7043.42% to $28.8 million in 2024, then rose by 6.77% to $30.7 million in 2025, then slumped by 135.75% to -$11.0 million in 2026.
  • The last three Tax Provisions figures came in at -$11.0 million (Q1 2026), $30.7 million (Q4 2025), and $21.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 1.37 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 856.00 Mn
4 Schwab Charles 153.74 Bn 108.77 Bn - 709.00 Mn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 65.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 117.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 128.18 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 69.76 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 1.40 Mn
10 Lazard 4.57 Bn 3.54 Bn - -10.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.99 Mn
Dec 31, 2025 30.74 Mn
Sep 30, 2025 21.43 Mn
Jun 30, 2025 31.76 Mn
Mar 31, 2025 -7.35 Mn
Dec 31, 2024 28.79 Mn
Sep 30, 2024 45.05 Mn
Jun 30, 2024 11.59 Mn
Mar 31, 2024 14.34 Mn
Dec 31, 2023 403,000.00
Sep 30, 2023 -11.63 Mn
Jun 30, 2023 10.30 Mn
Mar 31, 2023 -21.73 Mn
Dec 31, 2022 16.08 Mn
Sep 30, 2022 35.35 Mn
Jun 30, 2022 34.19 Mn
Mar 31, 2022 38.75 Mn
Dec 31, 2021 57.05 Mn
Sep 30, 2021 39.45 Mn
Jun 30, 2021 41.35 Mn