Lazard, Inc. (LAZ) Form 10-Q — Jul 28, 2026
Lazard reported net revenue of $1.56 billion for the six months ended June 30, 2026, an increase from $1.44 billion in the prior-year period, driven primarily by higher asset management fees. Despite the revenue growth, net income attributable to Lazard decreased to $105.7 million from $115.7 million year-over-year, with the second quarter specifically showing a sharp drop in net income to $4.8 million compared to $55.3 million in the prior year quarter due to higher expenses and discrete tax items.
Key figures
- Eps
- 0.94
- Revenue
- 1564251000
- Net Income
- 114295000
- Total Debt
- 1840000000
- Cash Position
- 1099790000
- Deal Value Usd
- 460000000
- Shares Repurchased
- 1180585
- Edgewater Gain
- 75508000
- Elaia Goodwill
- 40470000
- Campbell Lutyens Earnout
- 85000000
Price after filing
Close on the filing date to close N calendar days later (from $42.76). Historical, not a forecast.
AI analysis
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