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AI brief of an SEC Form 8-K · Lazard (LAZ)

Lazard Q3 2026 revenue rose 9% to $814 million, but diluted EPS fell 60% to $0.26

Mixed Impact 3 of 5 earnings

Lazard reported third-quarter 2026 U.S. GAAP net revenue of $814 million, up 9% from a year earlier, with record Financial Advisory revenue for the quarter. Net income attributable to Lazard fell 59% to $29 million, and diluted earnings per share fell 60% to $0.26, so higher revenue did not carry through to shareholder profit.

Key points

  • Q3 2026 GAAP net revenue was $814 million, up 9% from $748 million; adjusted net revenue was $805 million, up 11%.
  • Q3 2026 GAAP diluted EPS was $0.26 versus $0.65; adjusted diluted EPS was $0.36 versus $0.56.
  • Nine-month 2026 GAAP net revenue was $2,378 million, up 8%, while diluted EPS was $1.20 versus $1.72.
  • A quarterly dividend of $0.50 per share was declared October 21, 2026, payable November 13, 2026.

The filing

CompanyLazard (LAZ)
Form8-K, current report
Filed with the SECOct 22, 2026, 6:31 AM ET
Accession number0001628280-26-066781

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.