Lazard Reports First Quarter 2026 Results
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NEW YORK, May 1, 2026 – Lazard, Inc. (NYSE: LAZ) today reported net revenue of $757 million and adjusted net revenue1 of $673 million for the quarter ended March 31, 2026.
On a U.S. GAAP basis, Lazard reported first-quarter 2026 net income of $101 million or $0.91 per share, diluted. On an adjusted basis1, Lazard reported first-quarter 2026 net income of $47 million or $0.42 per share, diluted.
“The acquisition of Campbell Lutyens is a meaningful step in Lazard’s long-term strategy to build a more productive, resilient, and growth-oriented firm,” said Peter R. Orszag, CEO and Chairman of Lazard. “Asset Management delivered strong results, reflecting early progress in positioning the business to meet client demand. While M&A revenue was affected by the timing of transactions, our outlook is optimistic, and the 28 new Managing Directors added to our Financial Advisory platform over the past year position us well for the future. Across the firm, engagement is strong as clients seek the independent, differentiated advice and investment solutions grounded in contextual alpha that Lazard uniquely provides.”
For more information, download the full press release.
About Lazard
Founded in 1848, Lazard is the preeminent financial advisory and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Lazard is listed on the New York Stock Exchange as Lazard, Inc. under the ticker LAZ. For more information, please visit Lazard.com and follow Lazard on LinkedIn.
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