Lazard, Inc.

For the period ended Dec 31, 2025. Filed Feb 23, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 23, 2026

LAZ$41.05+3.8%Stored close · as of Nov 10, 2026

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Contents

Item 8. Financial Statements and Supplementary Data

Index to Consolidated Financial Statements	Page
Management’s Report on Internal Control Over Financial Reporting	69
Reports of Independent Registered Public Accounting Firm	70
Consolidated Statements of Financial Condition as of December 31, 2025 and 2024	73
Consolidated Statements of Operations for the years ended December 31, 2025, 2024 and 2023	75
Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2025, 2024 and 2023	76
Consolidated Statements of Cash Flows for the years ended December 31, 2025, 2024 and 2023	77
Consolidated Statements of Changes in Stockholders’ Equity and Redeemable Noncontrolling Interests for the years ended December 31, 2025, 2024 and 2023	79
Notes to Consolidated Financial Statements	82
Supplemental Financial Information	132
Financial Statement Schedules
Schedule I—Condensed Financial Information of Registrant (Parent Company Only)
Condensed Statements of Financial Condition as of December 31, 2025 and 2024	F-2
Condensed Statements of Operations for the years ended December 31, 2025, 2024 and 2023	F-3
Condensed Statements of Comprehensive Income (Loss) for the years ended December 31, 2025, 2024 and 2023	F-4
Condensed Statements of Cash Flows for the years ended December 31, 2025, 2024 and 2023	F-5
Notes to Condensed Financial Statements	F-6

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.