Lazard reports Q2 2026 EPS of $0.12, record $285B AUM, authorizes $200M buyback

Filed July 23, 2026 · Period ending July 23, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 adjusted EPS of $0.12 down 77% year-over-year on elevated 69.7% tax rate management says is not indicative of full-year; GAAP EPS $0.03 down 91%

  Exhibit 99.1 view on EDGAR →
• high

  Asset Management AUM reached record $285B, up 15% year-over-year; first-half 2026 net inflows of $7.4B described as best in nearly 20 years

  Exhibit 99.1 view on EDGAR →
• medium

  Board authorized additional $200M share repurchase program expiring December 31, 2028, bringing total authorization to ~$257M

  Exhibit 99.1 view on EDGAR →