PWP · XBRL financial data

Perella Weinberg Partners financial statements, every fiscal year

The same tables from 7 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 (PWP's year ends in late December)

In thousands 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 from contracts with customers	518,986	801,662	631,507	648,652	878,039	750,903
Selling, general and administrative	1,025	—	—	—	—	—
General and administrative	15,060	16,982	20,215	20,103	22,824	17,996
Total operating expenses	533,582	735,078	679,240	763,752	956,571	702,893
Operating income (loss)	(1,025)	66,584	(47,733)	(115,100)	(78,532)	48,010
Interest expense	15,741	7,606	276	276	—	—
Other income (expense)	185	761	7,978	—	—	—
Income tax expense (benefit)	3,453	18,927	10,327	(980)	21,089	3,512
Net income (loss)	(5,105)	(9,421)	17,878	(17,223)	(64,728)	35,477
Earnings per share, basic USD per share	—	(0.22)	0.41	(0.40)	(1.22)	0.55
Earnings per share, diluted USD per share	—	(0.66)	(0.46)	(1.33)	(1.22)	0.47
Weighted average shares, basic thousands of shares	—	42,596	43,838	43,274	53,188	64,209
Weighted average shares, diluted thousands of shares	—	92,750	89,756	86,779	53,188	100,849

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

In thousands 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	1,159	502,773	171,570	247,171	331,558	255,906
Short-term investments	—	0	140,110	91,174	75,830	0
Total current assets	1,435	—	—	—	—	—
Property and equipment, net	17,189	10,362	48,390	93,652	84,886	77,206
Right-of-use asset	53,444	39,912	153,720	143,935	139,637	138,495
Goodwill	34,383	34,383	34,383	34,383	34,383	72,691
Total assets	231,441	718,327	717,093	761,108	876,751	797,637
Accrued liabilities	793	—	—	—	—	—
Total current liabilities	793	—	—	—	—	—
Total liabilities	27,958	446,975	456,953	492,862	646,986	536,897
Accumulated deficit	(5,107)	(18,075)	(18,071)	(54,650)	(303,708)	(130,596)
Total stockholders' equity	5,000	126,319	137,462	152,656	(421,375)	(127,359)
Total liabilities and equity	231,441	718,327	717,093	761,108	876,751	797,637

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

In thousands 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)	(5,105)	(9,421)	17,878	(17,223)	(64,728)	35,477
Stock-based compensation	24,815	97,033	156,420	184,464	188,869	110,495
Net cash from operating activities	(508)	234,908	(17,773)	145,883	223,359	34,789
Purchases of property and equipment	5,522	1,462	26,560	57,598	16,375	4,313
Net cash from investing activities	(230,000)	(2,440)	(166,231)	(5,818)	(98)	51,740
Proceeds from issuing common stock	0	0	36,526	0	65,986	0
Dividends paid	0	5,990	12,840	13,145	20,280	22,911
Net cash from financing activities	231,657	(55,021)	(136,768)	(67,018)	(137,252)	(168,566)
Net change in cash	64,326	173,867	(330,609)	75,936	82,669	(75,721)

SIC 6199 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6199 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 ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Perella Weinberg Partners	149,875	251,373	73,093*	not reported	—	Q3 FY26 10-QSep 30, 2026
Fidelity Ethereum Fund	0	not reported	93,279*	47.4M	—	Q2 FY26 10-QJun 30, 2026
Terawulf	2,619,191	44,767	(136,709)*	499.0M	19.2 quarters	Q2 FY26 10-QJun 30, 2026
Pagaya Technologies	247,115	362,155	49,050*	not reported	—	Q3 FY26 10-QSep 30, 2026
HIVE Digital Technologies	208,039	79,120	4,057	274.3M	—	Q1 FY27 10-QJun 30, 2026
Startengine Crowdfunding	22,600	38,640	2,678*	758.4M	—	Q3 FY26 10-QSep 30, 2026
Walker & Dunlop	160,858	306,690	1,169,484*	34.3M	—	Q2 FY26 10-QJun 30, 2026
Hut 8	156,865	71,071	not reported	120.0M	—	Q3 FY26 10-QSep 30, 2026
Cipher Digital	656,009	26,701	(131,187)*	456.4M	0.7 quarters	Q3 FY26 10-QSep 30, 2026

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