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Lazard LAZ Asset Management — Adjusted Compensation and Benefits Expense
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Where this comes from
Reported directly by Lazard in its filing.
Tagged under the XBRL concept laz:CompensationAndBenefitsExpenseAdjusted.
The source filing: Lazard’s 10-Q, filed July 28, 2026.
- Filed
- Jul 28, 2026, 4:33 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001311370-26-000022
| Line item | Financial Advisory | Asset Management | Corporate | Total |
|---|---|---|---|---|
| Net Revenue - U.S. GAAP Basis | $450,167 | $351,031 | $6,471 | $807,669 |
| Adjusted Compensation and Benefits Expense | 312,735 | 185,287 | 51,549 | 549,571 |
| Adjusted Non-compensation Expense | 59,141 | 71,596 | 40,983 | 171,720 |
| Other Segment Items | (4,848) | (19,723) | 3,368 | (21,203) |
| Adjusted Operating Income (Loss) | $73,443 | $74,425 | $(82,693) | $65,175 |
| Other Segment Disclosures: | ||||
| Interest income (included in net revenue) | $1,243 | $2,486 | $3,522 | $7,251 |
| Depreciation and amortization of property (included in adjusted non-compensation expense) | $1,796 | $1,376 | $4,194 | $7,366 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Lazard's asset management — adjusted compensation and benefits expense?
- Lazard (LAZ) reported asset management — adjusted compensation and benefits expense of $185.29M in Q2 2026.
- How has Lazard's asset management — adjusted compensation and benefits expense changed year-over-year?
- Lazard's asset management — adjusted compensation and benefits expense increased by 32.7% year-over-year, from $139.66M to $185.29M.
- What is the long-term trend for Lazard's asset management — adjusted compensation and benefits expense?
- Over 3 years (2022 to 2025), Lazard's asset management — adjusted compensation and benefits expense has grown at a 4.7% compound annual growth rate (CAGR), from $557.89M to $640.8M.
- What does asset management — adjusted compensation and benefits expense mean?
- The total adjusted costs related to employee salaries, bonuses, and benefits within the asset management segment. This is a critical efficiency metric for assessing the cost of human capital required to manage client assets.
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