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Lazard LAZ Financial Advisory — 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 financial advisory — adjusted compensation and benefits expense?
- Lazard (LAZ) reported financial advisory — adjusted compensation and benefits expense of $312.74M in Q2 2026.
- How has Lazard's financial advisory — adjusted compensation and benefits expense changed year-over-year?
- Lazard's financial advisory — adjusted compensation and benefits expense decreased by 1.4% year-over-year, from $317.04M to $312.74M.
- What is the long-term trend for Lazard's financial advisory — adjusted compensation and benefits expense?
- Over 3 years (2022 to 2025), Lazard's financial advisory — adjusted compensation and benefits expense has grown at a 7.6% compound annual growth rate (CAGR), from $939.16M to $1.17B.
- What does financial advisory — adjusted compensation and benefits expense mean?
- Tracks the total personnel-related costs, including salaries, bonuses, and benefits, specifically allocated to the financial advisory segment. As human capital is the primary driver of advisory services, this metric is critical for assessing the firm's cost structure and talent retention strategy.
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