Lazard (LAZ) Revenue & Revenue Breakdown

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Lazard Revenue Highlights

Latest Revenue (Y)

$3.14B

Latest Revenue (Q)

$782.43M

Main Segment (Y)

Financial Advisory Fees

Main Geography (Y)

Americas

Lazard Revenue by Period

Lazard Revenue by Year

Date	Revenue	Change
2024-12-31	$3.14B	23.08%
2023-12-31	$2.55B	-10.65%
2022-12-31	$2.86B	-12.79%
2021-12-31	$3.27B	23.69%
2020-12-31	$2.65B	-0.76%
2019-12-31	$2.67B	-7.55%
2018-12-31	$2.88B	6.93%
2017-12-31	$2.70B	13.18%
2016-12-31	$2.38B	-0.88%
2015-12-31	$2.40B	1.77%
2014-12-31	$2.36B	14.45%
2013-12-31	$2.06B	3.55%
2012-12-31	$1.99B	8.99%
2011-12-31	$1.83B	-3.15%
2010-12-31	$1.89B	23.43%
2009-12-31	$1.53B	-1.71%
2008-12-31	$1.56B	-18.80%
2007-12-31	$1.92B	28.40%
2006-12-31	$1.49B	14.76%
2005-12-31	$1.30B	2.13%
2004-12-31	$1.27B	100.00%
2003-12-31	-	100.00%
2002-12-31	-	100.00%
2001-12-31	-	-

Lazard generated $3.14B in revenue during NA 2024, up 23.08% compared to the previous quarter, and up 117.73% compared to the same period a year ago.

Lazard Revenue by Quarter

Date	Revenue	Change
2025-09-30	$782.43M	-3.16%
2025-06-30	$807.95M	22.88%
2025-03-31	$657.50M	-20.28%
2024-12-31	$824.74M	4.08%
2024-09-30	$792.41M	13.99%
2024-06-30	$695.14M	-10.19%
2024-03-31	$774.01M	-5.47%
2023-12-31	$818.84M	54.02%
2023-09-30	$531.63M	-18.38%
2023-06-30	$651.37M	18.58%
2023-03-31	$549.30M	-23.32%
2022-12-31	$716.37M	-2.97%
2022-09-30	$738.28M	12.44%
2022-06-30	$656.60M	-8.09%
2022-03-31	$714.38M	-29.35%
2021-12-31	$1.01B	37.29%
2021-09-30	$736.53M	-12.52%
2021-06-30	$841.98M	24.09%
2021-03-31	$678.55M	-24.39%
2020-12-31	$897.47M	50.34%
2020-09-30	$596.96M	1.02%
2020-06-30	$590.92M	6.33%
2020-03-31	$555.75M	-24.84%
2019-12-31	$739.39M	21.79%
2019-09-30	$607.11M	-6.13%
2019-06-30	$646.79M	-1.69%
2019-03-31	$657.88M	-5.89%
2018-12-31	$699.05M	9.61%
2018-09-30	$637.77M	-17.11%
2018-06-30	$769.39M	0.15%
2018-03-31	$768.21M	10.96%
2017-12-31	$692.33M	8.49%
2017-09-30	$638.13M	-12.58%
2017-06-30	$729.95M	14.52%
2017-03-31	$637.42M	-9.69%
2016-12-31	$705.80M	13.64%
2016-09-30	$621.10M	13.62%
2016-06-30	$546.64M	7.16%
2016-03-31	$510.12M	-15.68%
2015-12-31	$604.98M	3.36%
2015-09-30	$585.32M	-5.68%
2015-06-30	$620.59M	4.50%
2015-03-31	$593.88M	-8.54%
2014-12-31	$649.34M	11.62%
2014-09-30	$581.72M	-0.15%
2014-06-30	$582.61M	6.05%
2014-03-31	$549.35M	-13.00%
2013-12-31	$631.44M	26.16%
2013-09-30	$500.52M	-2.00%
2013-06-30	$510.72M	21.01%
2013-03-31	$422.06M	-34.29%
2012-12-31	$642.26M	49.78%
2012-09-30	$428.81M	-1.85%
2012-06-30	$436.91M	-10.11%
2012-03-31	$486.04M	7.58%
2011-12-31	$451.78M	-2.30%
2011-09-30	$462.42M	-3.12%
2011-06-30	$477.29M	8.97%
2011-03-31	$438.02M	-26.37%
2010-12-31	$594.88M	31.25%
2010-09-30	$453.24M	8.16%
2010-06-30	$419.04M	-4.38%
2010-03-31	$438.21M	-11.43%
2009-12-31	$494.78M	20.18%
2009-09-30	$411.71M	9.61%
2009-06-30	$375.63M	51.22%
2009-03-31	$248.40M	-33.92%
2008-12-31	$375.92M	-7.37%
2008-09-30	$405.82M	-13.17%
2008-06-30	$467.39M	100.00%
2008-03-31	-	-100.00%
2007-12-31	$585.08M	-

Lazard generated $782.43M in revenue during Q3 2025, up -3.16% compared to the previous quarter, and up 112.56% compared to the same period a year ago.

Lazard Revenue Breakdown

Lazard Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Asset Management	$1.12B	$1.08B	-	-	-
Financial Advisory Fees	$1.75B	$1.38B	$1.66B	$1.79B	$1.42B
Asset Management1	-	-	$1.13B	$1.35B	$1.12B

Lazard's latest annual revenue breakdown by segment (product or service), as of Dec 24: Financial Advisory Fees (61.04%), and Asset Management (38.96%).

Quarterly Revenue by Product

Product/Service	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Financial Advisory Fees	$425.89M	$493.23M	$360.37M	$519.01M	$366.38M	$408.77M	$453.03M	$490.97M	$265.31M	$350.10M	$277.41M	$409.99M	$454.25M	$405.09M	$389.74M	$608.66M	$384.82M	$475.16M	$317.83M	$511.12M
Asset Management	$308.04M	$275.61M	$264.62M	$291.59M	$278.66M	$267.91M	$276.85M	$540.52M	$265.60M	$271.64M	-	-	-	-	-	-	-	-	-	-
Asset Management1	-	-	-	-	-	-	-	-	-	-	$261.48M	$262.85M	$279.04M	$269.01M	$315.05M	$357.46M	$323.75M	$346.46M	$326.95M	$337.35M

Lazard's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Financial Advisory Fees (58.03%), and Asset Management (41.97%).

Lazard Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Americas	$1.54B	$1.19B	$1.49B	$1.78B	$1.53B
Asia Pacific	$154.75M	$160.38M	$149.88M	$161.18M	$150.11M
EMEA	$1.36B	$1.16B	-	-	-
E M E A	-	-	$1.14B	$1.25B	$885.92M

Lazard's latest annual revenue breakdown by geography, as of Dec 24: Americas (50.34%), EMEA (44.59%), and Asia Pacific (5.07%).

Lazard Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SNEX	StoneX Group	$99.89B	$34.83B
RJF	Raymond James Financial	$14.92B	$3.84B
LAZ	Lazard	$3.14B	$782.43M
VIRT	Virtu Financial	$2.88B	$999.57M
BGC	BGC Group	$1.98B	$784.00M
AX	Axos Financial	$1.95B	$432.72M
PJT	PJT Partners	$1.49B	$731.09B
MC	Moelis	$1.19B	$365.38M
NNI	Nelnet	$1.17B	$466.10M
VCTR	Victory Capital	$893.48M	$219.60M
FFIN	First Financial Bankshares	$628.92M	$205.68M

LAZ Revenue FAQ

What is Lazard’s yearly revenue?

Lazard's yearly revenue for 2024 was $3.14B, representing an increase of 23.08% compared to 2023. The company's yearly revenue for 2023 was $2.55B, representing a decrease of -10.65% compared to 2022. LAZ's yearly revenue for 2022 was $2.86B, representing a decrease of -12.79% compared to 2021.

What is Lazard’s quarterly revenue?

Lazard's quarterly revenue for Q3 2025 was $782.43M, a -3.16% decrease from the previous quarter (Q2 2025), and a -1.26% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $807.95M, a 22.88% increase from the previous quarter (Q1 2025), and a 16.23% increase year-over-year (Q2 2024). LAZ's quarterly revenue for Q1 2025 was $657.5M, a -20.28% decrease from the previous quarter (Q4 2024), and a -15.05% decrease year-over-year (Q1 2024).

What is Lazard’s revenue growth rate?

Lazard's revenue growth rate for the last 3 years (2022-2024) was 9.98%, and for the last 5 years (2020-2024) was 18.63%.

What are Lazard’s revenue streams?

Lazard's revenue streams in c 24 are Asset Management, and Financial Advisory Fees. Asset Management generated $1.12B in revenue, accounting 38.96% of the company's total revenue, up 3.46% year-over-year. Financial Advisory Fees generated $1.75B in revenue, accounting 61.04% of the company's total revenue, up 26.26% year-over-year.

What is Lazard’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Lazard was Financial Advisory Fees. This segment made a revenue of $1.75B, representing 61.04% of the company's total revenue.