Lazard LAZ Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Revenue (Loss) by Business | ||||||
| Asset Management | $1.4B+9.5% | $1.27B+4.5% | $1.22B+2.8% | $1.19B+0.6% | $1.18B-0.6% | |
| Corporate | -$15.52M-52.5% | -$10.18M— | —— | —— | —— | |
| Financial Advisory | $1.83B-0.4% | $1.83B+1.2% | $1.81B+3.2% | $1.76B+5.1% | $1.67B-4.9% | |
| Revenue by Product | ||||||
| Incentive Fees | $73.46M+2.7% | $71.54M+10.7% | $64.61M+19.2% | $54.19M+3.2% | $52.5M+1.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Lazard break its business down?
- Lazard (LAZ) reports net revenue (loss) by business across 3 parts — Asset Management, Corporate and Financial Advisory. Each is extracted from the segment footnotes and tracked over time.
- Where does Lazard's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Lazard's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.