Financial insights of LAZ

MyFinsight

For the quarter ending 2025-09-30, LAZ made $770,764K in revenue. $71,247K in net income. Net profit margin of 9.24%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenue	770,764	817,160	669,164	807,414
Interest expense	22,686	21,163	21,113	22,548
Net revenue	748,078	795,997	648,051	784,866
Compensation and benefits	498,212	519,208	430,270	465,405
Occupancy and equipment	31,908	33,703	35,413	34,249
Marketing and business development	26,085	29,593	27,731	21,782
Technology and information services	48,862	49,272	46,216	44,628
Professional services	20,951	24,589	18,837	19,541
Fund administration and outsourced services	32,390	30,054	26,545	27,996
Amortization and other acquisition-related costs	-	-	-	53
Benefit pursuant to tax receivable agreement	20,146	-	-	-
Other	14,886	16,497	8,404	10,025
Total operating expenses	653,148	702,916	593,416	623,679
Operating income	94,930	93,081	54,635	161,187
Provision for income taxes	21,430	31,764	-7,354	45,052
Net income	73,500	61,317	61,989	116,135
Less - net income attributable to noncontrolling interests	2,253	5,971	1,614	8,197
Net income attributable to lazard	71,247	55,346	60,375	107,938

Basic (in shares)	98,112,393	97,534,319	95,255,423	93,627,476
Basic (in usd per share)	0.71	0.56	0.61	1.13
Diluted (in shares)	108,001,762	104,911,633	104,828,753	103,475,234
Diluted (in usd per share)	0.65	0.52	0.56	1.02