Lazard, Inc. reported first-quarter 2025 net revenue of $648 million and adjusted net revenue of $643 million, with net income of $60 million or $0.56 per diluted share on both a GAAP and adjusted basis. The firm highlighted progress toward its Lazard 2030 Strategic Plan, reaching a total of 210 Financial Advisory Managing Directors, launching three active ETFs in the U.S. to expand its asset management offerings, and forming a strategic alliance with Arini Capital Management to strengthen its private capital connectivity in Europe.

CEO and Chairman Peter R. Orszag commented that Lazard delivered a solid performance despite an uncertain business environment. He emphasized the company's continued focus on serving clients by leveraging its global reach and deep expertise at the intersection of business and geopolitics, while making steady progress toward its long-term growth goals.