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Lazard LAZ Corporate — Net Revenue (Loss)

Other segment segments

Financial Advisory
$448.92M-9.7%
Asset Management
$342.18M+17.0%

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Other financials

Income statement

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Revenue$807.7M+1.5%
Operating income$37.6M-59.6%
Net income$4.8M-91.3%
EPS (diluted)$0.03-94.2%

Balance sheet

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Cash & equivalents$1.1B+12.4%
Total debt$2.2B-2.4%
Total equity$914.3M+23.3%
Total assets$4.4B-2.9%

Cash flow

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Operating cash flow-$219.3M-0.8%
CapEx$3.9M-66.4%
Free cash flow-$221.5M+4.3%

Valuation

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Market cap$4.22B-13.4%
Enterprise value$5.27B-13.6%
P/E18.6×+2.9×
P/S1.3×-0.3×

Profitability

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Operating margin9.5%-4.1pp
Net margin7%-3.1pp
FCF margin15.5%-3.7pp

Returns & leverage

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Return on equity27.4%-24.3pp
Debt / equity2.4×-0.6×

Where this comes from

Reported directly by Lazard in its filing.

Tagged under the XBRL concept us-gaap:RevenuesNetOfInterestExpense.

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 itemFinancial AdvisoryAsset ManagementCorporateTotal
Net Revenue - U.S. GAAP Basis$450,167$351,031$6,471$807,669
Adjusted Compensation and Benefits Expense312,735185,28751,549549,571
Adjusted Non-compensation Expense59,14171,59640,983171,720
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 corporate — net revenue (loss)?
Lazard (LAZ) reported corporate — net revenue (loss) of $6.47M in Q2 2026.
How has Lazard's corporate — net revenue (loss) changed year-over-year?
Lazard's corporate — net revenue (loss) increased by 4.2% year-over-year, from $6.21M to $6.47M.
What is the long-term trend for Lazard's corporate — net revenue (loss)?
Over 2 years (2022 to 2025), Lazard's corporate — net revenue (loss) has grown at a -67.7% compound annual growth rate (CAGR), from -$97.51M to -$10.18M.
What does corporate — net revenue (loss) mean?
This metric represents the total net revenue or loss generated by the corporate segment, which typically includes centralized administrative functions and items not allocated to specific business units. It serves as a measure of the financial performance of the firm's overhead and support operations. Monitoring this helps investors understand the net impact of corporate-level activities on the firm's overall profitability.

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