For the year ending 2025-12-31, LAZ made $3,186,466K in revenue. $236,831K in net income. Net profit margin of 7.43%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenue | 3,186,466 | 3,139,904 | ||
| Interest expense | 87,619 | 88,067 | ||
| Net revenue | 3,098,847 | 3,051,837 | ||
| Compensation and benefits | 2,085,384 | 2,003,212 | ||
| Occupancy and equipment | 132,603 | 132,935 | ||
| Marketing and business development | 118,486 | 99,446 | ||
| Technology and information services | 193,195 | 183,524 | ||
| Professional services | 88,085 | 87,109 | ||
| Fund administration and outsourced services | 122,066 | 107,173 | ||
| Benefit pursuant to tax receivable agreement obligation | -18,775 | -8,237 | ||
| Other | 50,205 | 60,203 | ||
| Total operating expenses | 2,771,249 | 2,665,365 | ||
| Operating income (loss) | 327,598 | 386,472 | ||
| Provision (benefit) for income taxes | 76,578 | 99,764 | ||
| Net income (loss) | 251,020 | 286,708 | ||
| Less - net income attributable to noncontrolling interests | 14,189 | 6,796 | ||
| Net income (loss) attributable to lazard | 236,831 | 279,912 | ||
| Basic EPS | 2.37 | 2.93 | ||
| Diluted EPS | 2.17 | 2.68 | ||
| Basic Average Shares | 97,479,092 | 93,139,352 | ||
| Diluted Average Shares | 106,338,079 | 102,392,171 | ||
Lazard, Inc. (LAZ)
Lazard, Inc. (LAZ)