Lazard Inc. reports third quarter net revenue of $748 million
Lazard Inc. reported third quarter net revenue of $748 million, a 12% increase year-over-year, with adjusted net revenue of $725 million. For the first nine months of 2025, net revenue totaled $2.192 billion. Net income for the third quarter was $71 million, while adjusted net income was $62 million. Financial Advisory adjusted net revenue reached $1.3 billion, and Asset Management saw positive net inflows of $1.6 billion. As of September 30, 2025, cash and cash equivalents stood at $1.172 billion.
Lazard Inc. reported net revenue of $748 million and record adjusted net revenue of $725 million for the third quarter ended September 30, 2025, reflecting a 12% increase year-over-year. For the first nine months of 2025, net revenue totaled $2.192 billion and adjusted net revenue was $2.138 billion. Net income for the third quarter was $71 million, with net income for the first nine months at $187 million. Adjusted net income for the third quarter was $62 million, and $178 million for the first nine months. Financial Advisory adjusted net revenue for the first nine months reached $1.3 billion, and Asset Management reported positive net inflows of $1.6 billion for the third quarter, with total assets under management up 17% year-to-date. As of September 30, 2025, cash and cash equivalents were $1.172 billion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lazard Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251023214267) on October 23, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
