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Lazard LAZ Total costs & expenses
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Where this comes from
Reported directly by Lazard in its filing.
Tagged under the XBRL concept us-gaap:CostsAndExpenses.
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 | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Professional services | 32,879 | 24,589 | 53,557 | 43,426 |
| Fund administration and outsourced services | 38,054 | 30,054 | 71,570 | 56,599 |
| Other | 15,876 | 16,497 | 28,439 | 24,901 |
| Total operating expenses | 770,066 | 702,916 | 1,437,074 | 1,296,332 |
| OPERATING INCOME | 37,603 | 93,081 | 127,177 | 147,716 |
| Provision for income taxes | 23,871 | 31,764 | 12,882 | 24,410 |
| NET INCOME | 13,732 | 61,317 | 114,295 | 123,306 |
| LESS - NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 8,924 | 5,971 | 8,571 | 7,585 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Lazard's total costs & expenses?
- Lazard (LAZ) reported total costs & expenses of $770.07M in Q2 2026.
- How has Lazard's total costs & expenses changed year-over-year?
- Lazard's total costs & expenses increased by 9.6% year-over-year, from $702.92M to $770.07M.
- What is the long-term trend for Lazard's total costs & expenses?
- Over 4 years (2021 to 2025), Lazard's total costs & expenses has grown at a 2.9% compound annual growth rate (CAGR), from $2.47B to $2.77B.
- What does total costs & expenses mean?
- This metric represents the sum of all operating and non-operating costs incurred by the firm to generate its total revenue, including compensation, occupancy, technology, and administrative expenses. It serves as the primary measure of the firm's overall cost structure and operational discipline. Analyzing this figure relative to revenue is critical for evaluating the company's operating margin and long-term profitability.
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