Lazard reports $786 million in Q2 2026 adjusted net revenue, aiming for $10 million per managing director by 2028.
Lazard posted $786 million in firm-wide adjusted net revenue for Q2 2026, bringing the first-half total to $1.5 billion. The figures were disclosed during the company’s earnings call, where leadership reiterated its $500 million Lazard CL 2027 revenue target.
The firm also outlined a new goal of generating $10 million per managing director by 2028. This follows a period of steady revenue growth, though the company did not provide comparative figures for prior years in the call.
No immediate market reaction was detailed in the earnings discussion.