Income Statement - Lazard, Inc. (LAZ)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,186.47 | 3,086.30 | 2,551.14 | 2,825.64 | 3,268.27 | 2,641.10 | 2,651.17 | 2,871.71 | 2,690.69 | 2,378.43 | 2,399.48 | 2,357.66 | 2,060.03 | 1,988.01 | 1,905.03 | 1,982.11 | 1,530.52 | 1,557.21 | 1,917.69 | 1,493.56 |
| Cost of revenue | 2,173.47 | 2,003.21 | 1,946.01 | 1,656.45 | 1,895.86 | 1,550.68 | 1,563.40 | 1,514.74 | 1,512.87 | 1,340.54 | 1,319.75 | 1,313.61 | 1,278.53 | 1,351.13 | 1,168.95 | 1,194.17 | 1,447.25 | 1,283.24 | 1,284.20 | 979.36 |
| Gross profit | 1,013.00 | 1,083.09 | 605.13 | 1,169.19 | 1,372.41 | 1,090.42 | 1,087.78 | 1,356.97 | 1,177.81 | 1,037.89 | 1,079.74 | 1,044.05 | 781.49 | 636.88 | 736.08 | 787.94 | 83.27 | 273.97 | 633.49 | 514.20 |
| Total operating expenses | 597.78 | 696.62 | 685.09 | 652.34 | 648.56 | 588.28 | 695.08 | 676.21 | 352.37 | 520.43 | 1,096.36 | 524.59 | 564.69 | 512.99 | 500.59 | 544.29 | 1,530.52 | 1,557.21 | 1,917.69 | 1,493.56 |
| Operating income | 415.32 | 386.47 | -79.96 | 516.85 | 723.85 | 502.14 | 392.70 | 680.77 | 825.45 | 517.46 | -16.62 | 519.47 | 216.81 | 123.89 | 235.50 | 243.65 | -182.23 | 25.14 | 418.30 | 327.21 |
| Non-operating income (net) | -87.72 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -25.38 | -182.64 | -165.41 |
| Income before tax | 327.60 | 386.47 | -79.96 | 516.85 | 723.85 | 502.14 | 392.70 | 680.77 | 825.45 | 517.46 | -16.62 | 519.47 | 216.81 | 123.89 | 235.50 | 243.65 | -182.23 | -0.24 | 235.66 | 161.80 |
| Income tax expense | 76.58 | 99.76 | -22.65 | 124.37 | 181.30 | 99.45 | 94.98 | 148.32 | 565.60 | 123.77 | -1,009.55 | 85.40 | 51.69 | 31.10 | 44.94 | 49.23 | 6.01 | 25.38 | 80.62 | 68.81 |
| Net income | 236.83 | 279.91 | -75.48 | 357.52 | 528.06 | 402.46 | 286.50 | 527.13 | 253.58 | 387.70 | 986.37 | 427.28 | 160.21 | 84.31 | 174.92 | 174.98 | -130.24 | 3.14 | 155.04 | 92.99 |
Show Quarterly Income Statement
Income Statement - Lazard, Inc. (LAZ)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 771.59 | 929.38 | 763.10 | 807.95 | 657.50 | 824.74 | 792.41 | 695.14 | 774.01 | 818.84 | 531.63 | 651.37 | 549.30 | 716.37 | 738.28 | 656.60 | 714.38 | 1,011.20 | 736.53 | 841.98 | 678.55 | 897.47 | 596.96 | 590.92 | 555.75 | 739.39 | 607.11 | 646.79 | 657.88 | 699.05 | 637.77 | 769.39 | 765.50 | 690.08 | 636.50 | 728.34 | 635.77 | 704.24 | 619.97 | 545.47 | 508.74 | 603.08 | 584.21 | 619.23 | 592.96 | 647.79 | 580.48 | 581.45 | 547.93 | 630.55 | 499.18 | 509.37 | 420.93 | 636.25 | 448.73 | 455.52 | 504.31 | 451.78 | 462.42 | 477.29 | 438.02 | 594.89 | 453.24 | 419.04 | 438.21 | 494.78 | 411.72 | 375.63 | 248.40 | 375.92 | 405.82 | 467.39 | 308.08 | 585.08 | 542.05 | 421.36 | 369.20 | 472.88 | 297.51 | 386.91 | 336.26 |
| Cost of revenue | 491.89 | 725.78 | 498.21 | 519.21 | 430.27 | 534.42 | 465.41 | 452.56 | 550.82 | 586.66 | 364.61 | 572.23 | 449.97 | 474.84 | 420.94 | 363.83 | 396.84 | 559.77 | 419.63 | 514.92 | 401.55 | 524.74 | 354.63 | 351.57 | 319.76 | 427.31 | 391.36 | 372.47 | 372.25 | 349.54 | 343.99 | 416.16 | 405.05 | 374.67 | 361.79 | 414.61 | 361.80 | 381.27 | 353.76 | 308.31 | 297.21 | 334.96 | 319.57 | 336.72 | 328.50 | 307.51 | 338.61 | 345.92 | 321.57 | 367.86 | 301.81 | 331.13 | 277.74 | 164.85 | 283.82 | 283.39 | 338.32 | -47.85 | 311.03 | 324.28 | 304.02 | 23.38 | 317.39 | 296.92 | 331.59 | 411.52 | 288.46 | 271.14 | 231.82 | 410.03 | 472.17 | 321.06 | 237.54 | -48.40 | 357.78 | 287.04 | 243.20 | -1,000.40 | 202.78 | 256.80 | 221.86 |
| Gross profit | 279.69 | 203.60 | 264.89 | 288.75 | 227.23 | 290.32 | 327.00 | 242.58 | 223.19 | 232.18 | 167.02 | 79.14 | 99.34 | 241.53 | 317.35 | 292.77 | 317.54 | 451.43 | 316.90 | 327.07 | 277.00 | 372.74 | 242.34 | 239.36 | 235.99 | 312.09 | 215.75 | 274.32 | 285.62 | 349.51 | 293.78 | 353.23 | 360.45 | 315.41 | 274.71 | 313.73 | 273.97 | 322.97 | 266.22 | 237.16 | 211.53 | 268.12 | 264.65 | 282.51 | 264.45 | 340.29 | 241.87 | 235.53 | 226.37 | 262.70 | 197.37 | 178.24 | 143.19 | 477.40 | 164.91 | 172.12 | 165.99 | 499.63 | 151.39 | 153.01 | 130.58 | 571.50 | 133.85 | 122.11 | 106.62 | 83.27 | 123.26 | 104.23 | 16.58 | -34.11 | -66.35 | 146.33 | 109.31 | 633.49 | 184.27 | 134.32 | 126.00 | 1,473.28 | 94.74 | 130.10 | 114.40 |
| Total operating expenses | 175.11 | 95.99 | 169.96 | 195.66 | 172.60 | 183.24 | 165.82 | 178.94 | 168.63 | 160.28 | 171.88 | 189.21 | 136.26 | 168.39 | 159.20 | 166.93 | 157.81 | 183.09 | 161.95 | 160.81 | 142.71 | 155.24 | 137.66 | 143.49 | 151.89 | 193.11 | 163.38 | 172.63 | 165.96 | 193.19 | 155.10 | 153.29 | 174.62 | -43.13 | 130.50 | 141.22 | 123.77 | 166.12 | 117.23 | 123.93 | 113.16 | 128.78 | -306.10 | 1,083.88 | 189.79 | 140.69 | 128.16 | 136.55 | 119.19 | 189.55 | 116.25 | 137.30 | 121.59 | 636.25 | 118.19 | 127.59 | 128.17 | 451.78 | 462.42 | 477.29 | 438.02 | 594.89 | 453.24 | 419.04 | 438.21 | 494.78 | 411.72 | 375.63 | 248.40 | 375.92 | 405.82 | 467.39 | 308.08 | 585.08 | 542.05 | 421.36 | 369.20 | 472.88 | 297.51 | 386.91 | 336.26 |
| Operating income | 104.58 | 107.64 | 94.93 | 93.08 | 54.64 | 107.08 | 161.19 | 63.64 | 54.56 | 71.90 | -4.86 | -110.07 | -36.92 | 73.14 | 158.14 | 125.84 | 159.73 | 268.34 | 154.96 | 166.26 | 134.29 | 217.50 | 104.68 | 95.87 | 84.10 | 118.98 | 52.37 | 101.69 | 119.66 | 156.32 | 138.68 | 199.94 | 185.83 | 358.54 | 144.21 | 172.50 | 150.20 | 156.86 | 148.99 | 113.24 | 98.38 | 139.35 | 570.74 | -801.38 | 74.66 | 199.59 | 113.71 | 98.98 | 107.18 | 73.15 | 81.12 | 40.94 | 21.60 | 123.89 | 46.73 | 44.53 | 37.82 | 235.50 | 87.74 | 89.20 | 73.45 | 243.65 | 79.47 | 67.05 | -34.48 | -182.23 | 73.17 | 56.95 | -90.77 | 25.14 | -134.71 | 87.74 | 18.02 | 418.30 | 118.59 | 89.16 | 78.27 | 327.21 | 49.19 | 65.64 | 78.12 |
| Non-operating income (net) | -15.01 | -22.68 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -129.08 | 0.00 | 0.00 | 0.00 | -250.39 | 0.00 | 0.00 | 0.00 | -112.04 | 0.00 | 0.00 | 0.00 | -39.34 | 0.00 | 0.00 | 0.00 | 3.59 | 0.00 | -35.31 | 0.00 | -344.21 | -50.04 | -39.55 | -34.85 | -266.63 | -25.88 | -23.36 | -42.49 |
| Income before tax | 89.57 | 84.95 | 94.93 | 93.08 | 54.64 | 107.08 | 161.19 | 63.64 | 54.56 | 71.90 | -4.86 | -110.07 | -36.92 | 73.14 | 158.14 | 125.84 | 159.73 | 268.34 | 154.96 | 166.26 | 134.29 | 217.50 | 104.68 | 95.87 | 84.10 | 118.98 | 52.37 | 101.69 | 119.66 | 156.32 | 138.68 | 199.94 | 185.83 | 358.54 | 144.21 | 172.50 | 150.20 | 156.86 | 148.99 | 113.24 | 98.38 | 139.35 | 570.74 | -801.38 | 74.66 | 199.59 | 113.71 | 98.98 | 107.18 | 73.15 | 81.12 | 40.94 | 21.60 | -5.20 | 46.73 | 44.53 | 37.82 | -14.89 | 87.74 | 89.20 | 73.45 | 131.61 | 79.47 | 67.05 | -34.48 | -221.58 | 73.17 | 56.95 | -90.77 | 28.73 | -134.71 | 52.43 | 18.02 | 74.08 | 68.55 | 49.61 | 43.42 | 60.58 | 23.31 | 42.28 | 35.63 |
| Income tax expense | -10.99 | 30.74 | 21.43 | 31.76 | -7.35 | 28.79 | 45.05 | 11.59 | 14.34 | 0.40 | -11.63 | 10.30 | -21.73 | 16.08 | 35.35 | 34.19 | 38.75 | 57.05 | 39.45 | 41.35 | 43.46 | 22.73 | 28.17 | 22.79 | 25.77 | 39.45 | 4.18 | 28.17 | 23.19 | 42.63 | 29.96 | 51.56 | 24.17 | 441.49 | 32.74 | 51.60 | 39.77 | 27.87 | 36.37 | 31.87 | 27.65 | -15.99 | 170.95 | -1,176.53 | 12.02 | 26.79 | 23.79 | 13.07 | 21.75 | 20.36 | 18.37 | 9.02 | 3.95 | -1.09 | 13.05 | 10.37 | 8.77 | -6.76 | 20.61 | 17.64 | 13.46 | 20.18 | 9.11 | 13.52 | 6.41 | -23.30 | 19.97 | 13.52 | -4.18 | -5.88 | 8.30 | 18.11 | 4.84 | 14.96 | 28.28 | 20.31 | 17.06 | 23.99 | 10.15 | 18.73 | 15.94 |
| Net income | 100.92 | 49.86 | 71.25 | 55.35 | 60.38 | 86.31 | 107.94 | 49.91 | 35.76 | 63.57 | 7.14 | -124.01 | -22.17 | 42.36 | 105.80 | 95.48 | 113.88 | 210.38 | 107.21 | 123.18 | 87.30 | 189.89 | 75.09 | 73.46 | 64.02 | 76.98 | 46.08 | 65.78 | 97.04 | 113.40 | 107.07 | 146.96 | 159.69 | -83.56 | 109.21 | 120.38 | 107.55 | 127.98 | 112.54 | 80.36 | 66.82 | 157.79 | 398.52 | 374.11 | 55.95 | 172.38 | 88.86 | 85.19 | 80.84 | 53.22 | 60.28 | 31.35 | 15.36 | -5.37 | 33.30 | 30.82 | 25.55 | 10.85 | 62.70 | 62.00 | 55.01 | 99.85 | 64.09 | 44.57 | -33.53 | -142.35 | 37.42 | 28.19 | -53.50 | 37.98 | -76.96 | 34.32 | 7.80 | 59.13 | 40.27 | 29.30 | 26.35 | 36.60 | 13.16 | 23.55 | 19.69 |