Lazard, Inc.
LAZ
Jodie read · what matters now
Revenue increased 16.5% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to LAZ, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing presents a mixed picture
10-Q filed 2026-05-04 against the comparable filing from 2025-05-01.
What improved
- Revenue increased 16.5% versus the comparable filing period.
- Operating margin improved 3.3 percentage points.
- Net income increased 67.1% versus the comparable filing period.
What weakened
- Operating cash flow covered only -2.17x net income.
Filing receipts
“In the aggregate, interest income, other revenue and interest expense increased $49 million as compared to the 2025 period, primarily due to a non-cash gain of $78 million on the sale and deconsolidation of the Edgewater management vehicles in the 2026 period.”
“Adjusted compensation and benefits expense increased $18 million, or 12%, as compared to the 2025 period primarily driven by increased adjusted net revenue.”
“Three Months Ended March 31, 2026 versus March 31, 2025 Corporate net revenue decreased $5 million, or 72%, as compared to the 2025 period, primarily due to lower gains in the 2026 period as compared to the 2025 period attributable to investments held in connection with LFI.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind LAZ
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Depended on by
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 9 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
LAZ is currently a Early Follower in the organic co-movement group Automation Technologies. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.