Lazard revenue LAZ
Sales by quarter and over the last twelve months, from 2009.
- Last 12 months, to Jun 30, 2026
- $3.3B
- Latest quarter, Q2 FY26
- $830.2M
- +2% on a year earlier
- Fiscal year 2025
- $3.2B
- +1% on the year before
Lazard's revenue was $3.3B over the twelve months to Jun 30, 2026, up 6% on a year earlier.
In its latest quarter, Q2 FY26, it was $830.2M, up 2% on the same quarter a year before.
Over the five fiscal years to FY2025 it grew 4% a year on average.
Revenue over time
Fiscal year by fiscal year
| Fiscal year | Revenue | Change |
|---|---|---|
| FY2025 | $3.2B | +1% |
| FY2024 | $3.1B | +21% |
| FY2023 | $2.6B | −9% |
| FY2022 | $2.9B | −13% |
| FY2021 | $3.3B | +24% |
| FY2020 | $2.6B | −1% |
| FY2019 | $2.7B | −8% |
| FY2018 | $2.9B | +7% |
| FY2017 | $2.7B | +13% |
| FY2016 | $2.4B | −1% |
| FY2015 | $2.4B | +2% |
| FY2014 | $2.4B | +14% |
| FY2013 | $2.1B | +4% |
| FY2012 | $2B | +4% |
| FY2011 | $1.9B | −4% |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Revenue | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | $830.2M | +2% | $3.3B | |
| Q1 FY26 | $779.4M | +16% | $3.3B | |
| Q4 FY25 | $929.4M | +11% | $3.2B | |
| Q3 FY25 | $770.8M | −5% | $3.1B | |
| Q2 FY25 | $817.2M | +15% | $3.1B | |
| Q1 FY25 | $669.2M | −15% | $3B | |
| Q4 FY24 | $839M | +2% | $3.1B | |
| Q3 FY24 | $807.4M | +49% | $3.1B | |
| Q2 FY24 | $708M | +7% | $2.9B | |
| Q1 FY24 | $785.5M | +40% | $2.8B | |
| Q4 FY23 | $825.8M | +13% | $2.6B | |
| Q3 FY23 | $543.2M | −27% | $2.5B |
Against its peers
Companies in Asset Management nearest Lazard's size, closest first, today.
| Company | Revenue, 12 months | Growth |
|---|---|---|
| LAZLazard | $3.3B | +6% a year |
| FHIFederated Hermes | $1.9B | +15% a year |
| MCMoelis | n/m | |
| HLNEHamilton Lane INC | $858.4M | +24% a year |
| CNSCohen & Steers | $583.9M | +7% a year |
| HASIHA Sustainable Infrastructure Capital | $357.5M | +27% a year |
| AAMIAcadian Asset Management | $668.5M | +24% a year |
| ABAlliancebernstein | n/m | |
| DLBDolby Laboratories | $1.4B | +1% a year |
| APAMArtisan Partners Asset Management | $1.2B | +10% a year |
| VCTRVictory Capital | $1.6B | +52% a year |
| Peer median | $1.1B |
Where Lazard ranks
What the revenue tells you
Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.
Growing revenue with shrinking margins is a warning, not a win.
More on Lazard
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.