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Lazard LAZ Business Segments

FY'25FY'24FY'23FY'22
Net Revenue (Loss) by Business
Asset Management$1.27B+7.4%$1.19B+3.1%$1.15B-4.4%$1.2B-15.4%
Corporate-$10.18M-$21.36M+78.1%-$97.51M
Financial Advisory$1.83B+4.4%$1.76B+26.8%$1.39B-16.9%$1.67B-5.6%
Revenue by Product
Incentive Fees$71.54M+38.8%$51.53M+74.4%$29.55M-56.1%$67.34M-44.1%
Net Revenue (Loss) by Geography
Americas$1.62B+5.6%$1.54B+28.8%$1.19B-19.8%$1.49B-16.5%
Asia Pacific$180.68M+16.8%$154.76M-3.5%$160.38M+7.0%$149.88M-7.0%
EMEA$1.3B-4.8%$1.36B+17.1%$1.16B+2.2%$1.14B-9.1%

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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.