---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-035825"
form_type: "8-K"
ticker: "LAZ"
cik: "0001311370"
company_name: "Lazard, Inc."
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T02:08:21.048435+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lazard Q2 2025 net revenue $796M; Financial Advisory record adjusted net revenue up 20% YoY

## Summary
- Net revenue Q2 2025: $796M GAAP, $770M adjusted. Net income $55M, EPS $0.52 diluted (GAAP & adjusted).
- Financial Advisory adjusted net revenue $491M, +20% YoY, record Q2; driven by robust European M&A activity.
- Asset Management AUM $248B (+2% YoY); positive net flows $0.7B in Q2. Average AUM $239B.
- Quarterly dividend $0.50 per share, payable Aug 15, 2025 to holders of record Aug 4, 2025.
- Q2 shareholder returns: $47M dividends, $4M buybacks, $9M tax withholdings. Remaining auth $160M.

## SEC filing metadata
- accession: 0001628280-25-035825
- form_type: 8-K
- ticker: LAZ
- cik: 0001311370
- company_name: Lazard, Inc.
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1311370/000162828025035825/0001628280-25-035825-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1311370/000162828025035825/laz-20250724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-035825
- JSON: https://secwatch.observer/filing/0001628280-25-035825.json
- Plain text: https://secwatch.observer/filing/0001628280-25-035825.txt

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