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Lazard, Inc. income statement

In fiscal 2025, Lazard, Inc. reported revenue of $3.19bn, up 1.5% on the year before, operating income of $328m (a 10.3% margin) and net income of $237m, or $2.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue1,6382,0031,9201,9942,0652,3632,4052,3842,6982,8852,6672,6473,2742,8552,5933,1403,1863,375
Operating income−182244235124217519−17517825681393502724517−80386328267
Interest expense—9890827963515054588081818278888790
Income before tax——————————————−80386328—
Income tax64945315285−1,0101245661489599181124−231007769
Net income−13017517584160427986388254527287402528358−75280237185
Diluted EPS−$1.68$1.36$1.36$0.65$1.21$3.20$7.40$2.92$1.91$4.06$2.44$3.54$4.63$3.51−$0.90$2.68$2.17$1.72
Diluted shares (average)78m138m138m129m134m134m133m133m132m130m116m113m114m101m89m102m106m107m
EBITDA——26015525255416551857715428537762559−37423362298

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Lazard, Inc.'s SEC filings (10-K and 10-Q), retrieved October 27, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Lazard, Inc.