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Lazard, Inc. revenue

Lazard, Inc.'s revenue was $3.19bn in fiscal 2025, up 1.5% on the year before. Since fiscal 2009 ($1.64bn) it has grown at a compound 4.2% a year. Over the last twelve months it was $3.38bn.

Revenue history

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
Growth on the year before—+22.3%−4.2%+3.9%+3.5%+14.4%+1.8%−0.9%+13.2%+6.9%−7.6%−0.8%+23.7%−12.8%−9.2%+21.1%+1.5%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue YoY
Financial Advisory $1.8B ▲ 4.4%
Asset Management $1.3B ▲ 7.4%

These categories overlap or exclude eliminations, so shares aren't shown.

Products and services
Line of business Revenue YoY
Financial Advisory Fees $1.8B ▲ 4.2%
Asset Management1 $1.2B ▲ 7.3%

These categories overlap or exclude eliminations, so shares aren't shown.

From Lazard, Inc.'s 10-K filed February 23, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Investment Banking & Brokerage: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Lazard, Inc. $3.38bn 9.0% 10.5%
BGC Group, Inc. $3.29bn 27.6% 20.6%
Coincheck Group N.V. $3.19bn 26.8% —
Futu Holdings Ltd $2.93bn 68.3% —
Virtu Financial, Inc. $4.08bn 20.8% 23.1%
Houlihan Lokey, Inc. $2.56bn -0.4% 12.7%

Compare with peers

Head to head: BGC vs LAZCNCK vs LAZFUTU vs LAZLAZ vs VIRT

More: Investment Banking & Brokerage stocks compared, Financials sector, rankings of US companies

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.