PJT · XBRL financial data

PJT Partners financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (PJT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	1,052	992	1,026	1,153	1,493	1,714
Revenue from contracts with customers	1,045	986	1,027	1,146	1,476	1,697
Income tax expense (benefit)	36	29	37	32	32	33
Net income (loss)	118	106	91	82	134	180

Fiscal years (PJT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	300	200	173	356	484	539
Property and equipment, net	39	37	31	26	22	61
Right-of-use asset	151	138	119	299	313	339
Goodwill	173	173	173	173	192	192
Total assets	1,172	988	1,051	1,435	1,635	1,843
Total liabilities	484	350	291	574	734	834
Retained earnings (accumulated deficit)	(33)	(5)	61	118	229	384
Total stockholders' equity	154	120	185	245	187	308
Total liabilities and equity	1,172	988	1,051	1,435	1,635	1,843

Fiscal years (PJT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	118	106	91	82	134	180
Stock-based compensation	121	109	166	179	209	234
Depreciation and amortization	15	16	15	14	13	13
Net cash from operating activities	470	124	243	442	531	526
Purchases of property and equipment	9	6	3	4	3	46
Net cash from investing activities	(146)	131	(53)	(34)	8	(29)
Share repurchases	49	103	109	117	235	195
Dividends paid	5	78	25	24	24	25
Repayments of long-term debt	22	—	—	—	—	—
Net cash from financing activities	(244)	(353)	(210)	(228)	(409)	(454)
Net change in cash	84	(99)	(27)	182	128	55

SIC 6282 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6282 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
PJT Partners	236	486	237*	not reported	—	Q2 FY26 10-QJun 30, 2026
Victory Capital Holdings	70	435	135*	61.5M	—	Q2 FY26 10-QJun 30, 2026
Lazard	1,264	836	316*	109.8M	—	Q3 FY26 10-QSep 30, 2026
Alliancebernstein Holding	0	not reported	76*	91.9M	—	Q3 FY26 10-QSep 30, 2026
Moelis	208	not reported	230*	not reported	—	Q2 FY26 10-QJun 30, 2026
Federated Hermes	374	507	134*	not reported	—	Q3 FY26 10-QSep 30, 2026
Artisan Partners Asset Management	378	313	110*	not reported	—	Q3 FY26 10-QSep 30, 2026
StepStone Group	703	379	(458)	not reported	1.5 quarters	Q1 FY27 10-QJun 30, 2026
Affiliated Managers Group	411	641	239*	25.9M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.