Financial insights of LAZ

MyFinsight

For the quarter ending 2026-03-31, LAZ made $779,399K in revenue. $100,916K in net income. Net profit margin of 12.95%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenue	779,399	929,378	770,764	817,160
Interest expense	22,817	22,657	22,686	21,163
Net revenue	756,582	906,721	748,078	795,997
Compensation and benefits	491,894	637,694	498,212	519,208
Occupancy and equipment	31,420	31,579	31,908	33,703
Marketing and business development	28,662	35,077	26,085	29,593
Technology and information services	48,275	48,845	48,862	49,272
Professional services	20,678	23,708	20,951	24,589
Fund administration and outsourced services	33,516	33,077	32,390	30,054
Benefit pursuant to tax receivable agreement	-	-	20,146	-
Benefit pursuant to tax receivable agreement obligation	-	1,371	-	-
Other	12,563	10,418	14,886	16,497
Total operating expenses	667,008	821,769	653,148	702,916
Operating income	89,574	84,952	94,930	93,081
Benefit for income taxes	-10,989	30,738	21,430	31,764
Net income	100,563	54,214	73,500	61,317
Less - net income (loss) attributable to noncontrolling interests	-353	4,351	2,253	5,971
Net income attributable to lazard	100,916	49,863	71,247	55,346

Basic EPS	0.98	0.504	0.71	0.56
Diluted EPS	0.91	0.463	0.65	0.52
Basic Average Shares	99,460,256	99,014,233	98,112,393	97,534,319
Diluted Average Shares	106,787,975	107,610,168	108,001,762	104,911,633

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.