Every 10-Q that Lazard, Inc. (LAZ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LAZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LAZ filings page.
Lazard, Inc. reported Q2 2026 net revenue of $807.7 million, slightly above Q2 2025, but operating expenses grew faster, leaving operating income of $37.6 million and net income attributable to Lazard of $4.8 million, or $0.03 diluted EPS.
For the first six months of 2026, net revenue was $1.56 billion and net income attributable to Lazard was $105.7 million. The company recorded a $75.5 million pre-tax gain on the sale and deconsolidation of Edgewater, agreed to acquire Campbell Lutyens with initial $460 million consideration plus $115 million deferred and up to $85 million of earn-out, and ended June 30, 2026 with $1.30 billion in cash, cash equivalents and restricted cash against $1.70 billion of senior notes. Shares outstanding were 110.5 million as of July 17, 2026 after repurchasing 1.18 million shares in the first half.
Lazard, Inc. reported stronger results for the three months ended March 31, 2026. Total revenue rose to $779,399 thousand from $669,164 thousand, driven by higher asset management fees and other revenue, while investment banking and advisory fees were roughly stable.
Net income attributable to Lazard increased to $100,916 thousand from $60,375 thousand, with diluted earnings per share rising to $0.91 from $0.56. Results included a $77,990 thousand pre-tax gain from the sale and deconsolidation of the Edgewater management vehicles. Lazard ended the quarter with $1,234,463 thousand in cash, cash equivalents and restricted cash and $1,700,000 thousand of senior notes outstanding. The company repurchased 41,502 shares in the quarter and had $107,295 thousand remaining under its share repurchase authorization.
Lazard, Inc. reported third‑quarter results showing lower revenue year over year but solid performance in both advisory and asset management. Total revenue was $770.8 million versus $807.4 million a year ago. Net income attributable to Lazard was $71.2 million, with diluted EPS of $0.65, compared with $1.02 in the prior year period. A benefit pursuant to the tax receivable agreement reduced operating expenses this quarter.
By segment, Financial Advisory net revenue was $427.3 million, reflecting activity across M&A and other mandates. Asset Management delivered $327.0 million, including $311.5 million of management fees and $15.5 million of incentive fees. For the first nine months, revenue was $2.26 billion and diluted EPS was $1.72.
The balance sheet remained liquid with cash and cash equivalents of $1.17 billion and total assets of $4.63 billion. Senior debt was $1.69 billion and total stockholders’ equity was $878.6 million. Year to date, operating cash flow was $119.6 million, dividends paid were $139.2 million, and common stock purchases and cancellations totaled $41.0 million. As of October 17, 2025, shares outstanding were 112,746,606, including 17,868,792 shares held by subsidiaries.