LAZ— Lazard, Inc.

FinancialsFinancial Services$4.9B mkt cap

Metric	FY2025	FY2024	FY2023	FY2022
Interest income	$38.5M-28.2%	$53.6M+27.6%	$42.0M+42.7%	$29.5M
Other	$131.8M-41.2%	$224.1M+150.1%	$89.6M+120.6%	$40.6M
Total revenue	$3.19B+1.5%	$3.14B+21.1%	$2.59B-9.2%	$2.86B
Interest expense	$87.6M-0.5%	$88.1M+13.4%	$77.7M-4.7%	$81.5M
Net revenue	$3.10B+1.5%	$3.05B+21.3%	$2.52B-9.3%	$2.77B
Compensation and benefits	$2.09B+4.1%	$2.00B+2.9%	$1.95B+17.5%	$1.66B
Occupancy and equipment	$132.6M-0.2%	$132.9M+1.4%	$131.1M+7.3%	$122.3M
Marketing and business development	$118.5M+19.1%	$99.4M+0.1%	$99.4M+19.6%	$83.1M
Technology and information services	$193.2M+5.3%	$183.5M-3.2%	$189.7M+10.5%	$171.7M
Professional services	$88.1M+1.1%	$87.1M-2.5%	$89.3M+28.4%	$69.5M
Fund administration and outsourced services	$122.1M+13.9%	$107.2M-3.3%	$110.9M+0.8%	$110.0M
Benefit pursuant to tax receivable agreement obligation	-$18.8M-127.9%	-$8.2M+81.2%	-$43.9M-3530.6%	-$1.2M
Other	$50.2M-16.6%	$60.2M-17.5%	$73.0M+62.5%	$44.9M
Total operating expenses	$2.77B+4.0%	$2.67B+2.7%	$2.60B+15.0%	$2.26B
OPERATING INCOME (LOSS)	$327.6M-15.2%	$386.5M+583.3%	-$80.0M-115.5%	$516.8M
Provision (benefit) for income taxes	$76.6M-23.2%	$99.8M+540.5%	-$22.6M-118.2%	$124.4M
NET INCOME (LOSS)	$251.0M-12.4%	$286.7M+600.3%	-$57.3M-114.6%	$392.5M
LESS - NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	$14.2M+108.8%	$6.8M-62.6%	$18.2M-48.0%	$35.0M
NET INCOME (LOSS) ATTRIBUTABLE TO LAZARD	$236.8M-15.4%	$279.9M+470.8%	-$75.5M-121.1%	$357.5M
Basic (in shares)	97.48B+4.7%	93.14B+4.7%	88.99B-7.0%	95.66B
Diluted (in shares)	106.34B+3.9%	102.39B+15.1%	88.99B-11.9%	101.00B
Basic (in usd per share)	$2370.00-19.1%	$2930.00+425.6%	-$900.00-124.5%	$3680.00
Diluted (in usd per share)	$2170.00-19.0%	$2680.00+397.8%	-$900.00-125.6%	$3510.00
Investment banking and other advisory fees
Revenue	$1.82B+4.2%	$1.75B+26.3%	$1.38B-16.6%	$1.66B
Asset management fees

Source: SEC EDGAR XBRL. % change vs prior period shown where available.

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Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.