Americas was Lazard’s largest region in fiscal 2025, bringing in $1.62B of $3.10B (52%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $1.49B | $1.19B | $1.54B | $1.62B | ||||||||||||
| United States | — | — | — | — | ||||||||||||
| Emea | $1.14B | $1.16B | $1.36B | $1.30B | ||||||||||||
| France | — | — | — | — | ||||||||||||
| United Kingdom | — | — | — | — | ||||||||||||
| Asia Pacific | $149.88M | $160.38M | $154.76M | $180.68M | ||||||||||||
| Other Western Europe | — | — | — | — | ||||||||||||
| Rest Of World | — | — | — | — | ||||||||||||
| Total | $2.77B | $2.52B | $3.05B | $3.10B |
Lazard brought in $3.10B from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 1.5% from $3.05B in fiscal 2024. Americas was the largest at $1.62B (52.4%), ahead of Emea at $1.30B (41.8%) and Asia Pacific at $180.68M (5.8%).
Compared with fiscal 2024, Asia Pacific grew fastest, up 16.8% to $180.68M, while Emea fell the most, down 4.8% to $1.30B. From fiscal 2022 to 2025, combined revenue from these regions grew from $2.77B to $3.10B, a compound annual growth rate of 3.8%. Americas' share of the total fell from 53.6% to 52.4%.
Financial Advisory was Lazard’s largest segment in fiscal 2025, bringing in $1.83B of $3.10B (59%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Advisory | $1.67B | $1.39B | $1.76B | $1.83B | |||||||||||||
| Asset Management | $1.20B | $1.15B | $1.19B | $1.27B | |||||||||||||
| Corporate | -$97.51M | -$21.36M | $108.68M | -$10.18M | |||||||||||||
| Total | $2.77B | $2.52B | $3.05B | $3.10B |
Lazard brought in $3.10B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 1.5% from $3.05B in fiscal 2024. Financial Advisory was the largest at $1.83B (59.2%), ahead of Asset Management at $1.27B (41.1%).
Compared with fiscal 2024, Asset Management grew 7.4% to $1.27B and Financial Advisory grew 4.4% to $1.83B. From fiscal 2022 to 2025, combined revenue from these segments grew from $2.77B to $3.10B, a compound annual growth rate of 3.8%. Financial Advisory's share of the total fell from 60.1% to 59.2%.
The total is net of Corporate, which took $10.18M off revenue in fiscal 2025.
Lazard (LAZ) reports its revenue by geography and by segment. In fiscal 2025, Americas was its largest region, bringing in $1.62B (52.4% of the total), followed by Emea at $1.30B (41.8%).
Americas was Lazard's largest region in fiscal 2025, bringing in $1.62B, or 52.4% of the $3.10B total across its three regions.
Financial Advisory was Lazard's largest segment in fiscal 2025, bringing in $1.83B, or 59.2% of the $3.10B total across its three segments.
Among Lazard's regions that make up at least 2% of revenue, Asia Pacific grew fastest in fiscal 2025, up 16.8% from $154.76M to $180.68M.
Every figure comes from Lazard's annual financial filings, as reported. Each line keeps the name Lazard gives it, and years follow its fiscal calendar.
Lazard's revenue by geography goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.