FinEdge Labs
L

LAZ

LAZReviewed
2 segments tracked|8 years of data|Annual (10-K)
Total Revenue
$3.1B5.6%
FY2025
Operating Segments
2
Active segments
Blended Margin
0.0%
Operating margin
Highest Margin
0.0%
Financial Advisory Segment
Segment Shift

Financial Advisory Segment has grown from 53.9% to 59.0% of total revenue since FY2018, with 0.0% operating margins. Meanwhile, Asset Management Segment is the fastest growing at +7.4% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2025

SegmentRevenueOp. IncomeMargin% of TotalYoY
Financial Advisory Segment$1.8B$00.0%59.0%+4.4%
Asset Management Segment$1.3B$00.0%41.0%+7.4%

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