Lazard annual stock-based compensation
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Lazard Stock-Based Compensation Growth & History (LAZ)
Lazard's stock-based compensation was $359.7M for fiscal 2025.
View full Lazard company overviewLazard annual stock-based compensation history
| Fiscal year | Period ended | Stock-based compensation | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $359.7M | $81.9M | +29.50% |
| 2024 | 2024-12-31 | $277.7M | $27.2M | +10.84% |
| 2023 | 2023-12-31 | $250.6M | $9.9M | +4.13% |
| 2022 | 2022-12-31 | $240.6M | $6.7M | +2.86% |
| 2021 | 2021-12-31 | $234.0M | $15.5M | +7.10% |
| 2020 | 2020-12-31 | $218.4M | −$34.8M | −13.75% |
| 2019 | 2019-12-31 | $253.3M | −$14.3M | −5.34% |
| 2018 | 2018-12-31 | $267.6M | −$5.4M | −1.98% |
| 2017 | 2017-12-31 | $273.0M | $11.5M | +4.40% |
| 2016 | 2016-12-31 | $261.5M | $34.7M | +15.32% |
| 2015 | 2015-12-31 | $226.7M | $20.5M | +9.96% |
| 2014 | 2014-12-31 | $206.2M | −$29.7M | −12.59% |
| 2013 | 2013-12-31 | $235.9M | −$74.5M | −23.99% |
| 2012 | 2012-12-31 | $310.3M | $35.2M | +12.80% |
| 2011 | 2011-12-31 | $275.1M | −$30.2M | −9.88% |
| 2010 | 2010-12-31 | $305.3M | — | — |
Lazard quarterly stock-based compensation
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| Fiscal quarter | Period ended | Stock-based compensation | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | $103.9M | $26.7M | +34.64% |
| Q4 2025 | 2025-12-31 | $79.4M | $36.8M | +86.42% |
| Q3 2025 | 2025-09-30 | $96.1M | $20.5M | +27.17% |
| Q2 2025 | 2025-06-30 | $107.0M | $17.6M | +19.71% |
| Q1 2025 | 2025-03-31 | $77.2M | $7.0M | +9.93% |
| Q4 2024 | 2024-12-31 | $42.6M | $1.7M | +4.09% |
| Q3 2024 | 2024-09-30 | $75.6M | $17.2M | +29.51% |
| Q2 2024 | 2024-06-30 | $89.3M | $8.6M | +10.67% |
| Q1 2024 | 2024-03-31 | $70.2M | −$336,000 | −0.48% |
| Q4 2023 | 2023-12-31 | $40.9M | $1.4M | +3.54% |
| Q3 2023 | 2023-09-30 | $58.4M | −$16.6M | −22.10% |
| Q2 2023 | 2023-06-30 | $80.7M | $8.0M | +10.98% |
| Q1 2023 | 2023-03-31 | $70.5M | $17.1M | +31.99% |
| Q4 2022 | 2022-12-31 | $39.5M | $1.4M | +3.56% |
| Q3 2022 | 2022-09-30 | $74.9M | $23.0M | +44.37% |
| Q2 2022 | 2022-06-30 | $72.7M | −$2.9M | −3.89% |
| Q1 2022 | 2022-03-31 | $53.4M | −$14.8M | −21.64% |
| Q4 2021 | 2021-12-31 | $38.2M | $106,000 | +0.28% |
| Q3 2021 | 2021-09-30 | $51.9M | $12.2M | +30.81% |
| Q2 2021 | 2021-06-30 | $75.7M | $7.2M | +10.43% |
| Q1 2021 | 2021-03-31 | $68.2M | −$4.0M | −5.50% |
| Q4 2020 | 2020-12-31 | $38.1M | $11.1M | +40.95% |
| Q3 2020 | 2020-09-30 | $39.7M | −$25.5M | −39.14% |
| Q2 2020 | 2020-06-30 | $68.5M | −$7.9M | −10.29% |
| Q1 2020 | 2020-03-31 | $72.2M | −$12.5M | −14.78% |
| Q4 2019 | 2019-12-31 | $27.0M | −$22.4M | −45.30% |
| Q3 2019 | 2019-09-30 | $65.2M | $16.8M | +34.81% |
| Q2 2019 | 2019-06-30 | $76.4M | −$10.6M | −12.19% |
| Q1 2019 | 2019-03-31 | $84.7M | $1.9M | +2.25% |
| Q4 2018 | 2018-12-31 | $49.4M | −$2.9M | −5.60% |
| Q3 2018 | 2018-09-30 | $48.4M | −$9.3M | −16.12% |
| Q2 2018 | 2018-06-30 | $87.0M | $1.5M | +1.80% |
| Q1 2018 | 2018-03-31 | $82.8M | $5.3M | +6.83% |
| Q4 2017 | 2017-12-31 | $52.3M | $4.0M | +8.28% |
| Q3 2017 | 2017-09-30 | $57.6M | −$172,000 | −0.30% |
| Q2 2017 | 2017-06-30 | $85.5M | $24.8M | +40.84% |
| Q1 2017 | 2017-03-31 | $77.5M | −$17.1M | −18.08% |
| Q4 2016 | 2016-12-31 | $48.3M | −$3.6M | −6.90% |
| Q3 2016 | 2016-09-30 | $57.8M | $5.8M | +11.13% |
| Q2 2016 | 2016-06-30 | $60.7M | $15.8M | +35.25% |
| Q1 2016 | 2016-03-31 | $94.6M | $16.7M | +21.45% |
| Q4 2015 | 2015-12-31 | $51.9M | — | — |
| Q3 2015 | 2015-09-30 | $52.0M | $5.2M | +11.21% |
| Q2 2015 | 2015-06-30 | $44.9M | −$6.6M | −12.89% |
| Q1 2015 | 2015-03-31 | $77.9M | — | — |
| Q3 2014 | 2014-09-30 | $46.8M | −$8.5M | −15.33% |
| Q2 2014 | 2014-06-30 | $51.5M | −$5.9M | −10.21% |
| Q4 2013 | 2013-12-31 | $52.6M | −$37.6M | −41.72% |
| Q3 2013 | 2013-09-30 | $55.3M | −$12.4M | −18.36% |
| Q2 2013 | 2013-06-30 | $57.4M | −$9.0M | −13.54% |
| Q1 2013 | 2013-03-31 | $70.7M | −$15.4M | −17.91% |
| Q4 2012 | 2012-12-31 | $90.2M | — | — |
| Q3 2012 | 2012-09-30 | $67.7M | $8.8M | +14.86% |
| Q2 2012 | 2012-06-30 | $66.3M | $7.4M | +12.50% |
| Q1 2012 | 2012-03-31 | $86.1M | — | — |
| Q3 2011 | 2011-09-30 | $58.9M | — | — |
| Q2 2011 | 2011-06-30 | $59.0M | — | — |
Lazard stock-based compensation trends
Over the last five fiscal years, Lazard's stock-based compensation increased from $218.4M to $359.7M, a change of $141.2M. The latest reported quarter, Q1 2026, shows $103.9M.
About the metric
What stock-based compensation means
Stock-based compensation is the expense associated with equity awards such as restricted stock and employee options. It is a non-cash expense when recognized, but it can dilute existing shareholders unless offset by share repurchases.
Calculation and source
SEC-reported stock-based compensation
TickerStat standardizes share-based compensation reported in company SEC filings. The history shows recognized compensation expense or its cash-flow-statement adjustment, not the grant-date value of new awards or a forecast of future dilution. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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