---
schema_version: "secwatch.filing_event.v1"
accession: "0001311370-25-000047"
form_type: "8-K"
ticker: "LAZ"
cik: "0001311370"
company_name: "Lazard, Inc."
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:27:28.952807+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Lazard Q3 adjusted revenue record $725M (+12%), EPS $0.56 (+47% YoY)

## Summary
- Record firmwide adjusted net revenue of $725M, up 12% YoY; GAAP net revenue $748M, net income $71M ($0.65 diluted EPS).
- Financial Advisory adjusted revenue $422M in Q3; record $1.3B for nine months, with 20 MDs hired YTD; advised on Keurig Dr Pepper's $23B JDE Peet's deal.
- Asset Management adjusted revenue $294M; AUM $265B (+17% YTD, +7% YoY); record Q3 net inflows of $1.6B.
- Adjusted net income $62M vs $40M; $0.56 vs $0.38 diluted EPS; compensation ratio 65.5% vs 66.0%.
- Quarterly dividend $0.50/share payable Nov 14, 2025; $159M remaining share repurchase authorization.

## SEC filing metadata
- accession: 0001311370-25-000047
- form_type: 8-K
- ticker: LAZ
- cik: 0001311370
- company_name: Lazard, Inc.
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1311370/000131137025000047/0001311370-25-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1311370/000131137025000047/laz-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001311370-25-000047
- JSON: https://secwatch.observer/filing/0001311370-25-000047.json
- Plain text: https://secwatch.observer/filing/0001311370-25-000047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.