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Lazard LAZ Financial Advisory — Interest Income

Other segment segments

Corporate
$3.52M-31.8%
Asset Management
$2.49M+16.4%

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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:InterestIncomeOperating.

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 financial advisory — interest income?
Lazard (LAZ) reported financial advisory — interest income of $1.24M in Q2 2026.
How has Lazard's financial advisory — interest income changed year-over-year?
Lazard's financial advisory — interest income decreased by 34.7% year-over-year, from $1.9M to $1.24M.
What is the long-term trend for Lazard's financial advisory — interest income?
Over 3 years (2022 to 2025), Lazard's financial advisory — interest income has grown at a 8.5% compound annual growth rate (CAGR), from $4.07M to $5.21M.
What does financial advisory — interest income mean?
Represents the interest earned on cash balances or financial instruments held specifically within the financial advisory segment. This metric reflects the segment's liquidity management and the incremental income generated from its working capital.

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