v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Revenues $ 406,884 $ 360,181 $ 731,415 $ 689,574
Expenses        
Compensation and Benefits 276,834 250,326 497,976 479,254
Occupancy and Related 14,865 12,107 28,773 24,268
Travel and Related 11,445 9,055 22,608 18,156
Professional Fees 9,065 8,780 16,436 17,129
Communications and Information Services 9,716 8,577 18,876 16,437
Depreciation and Amortization 3,282 3,112 6,494 6,610
Other Expenses 5,198 3,825 11,195 9,418
Total Expenses 330,405 295,782 602,358 571,272
Income Before Provision (Benefit) for Taxes 76,479 64,399 129,057 118,302
Provision (Benefit) for Taxes 15,041 11,368 (6,544) 11,899
Net Income 61,438 53,031 135,601 106,403
Net Income Attributable to Non-Controlling Interests 28,538 24,715 48,685 45,464
Net Income Attributable to PJT Partners Inc. 32,900 28,316 86,916 60,939
Advisory Fees        
Revenues        
Revenues 354,521 307,082 636,708 595,763
Placement Fees        
Revenues        
Revenues 43,219 46,873 79,250 81,362
Interest Income and Other        
Revenues        
Revenues $ 9,144 $ 6,226 $ 15,457 $ 12,449
Class A Common Stock        
Net Income Per Share of Class A Common Stock        
Basic $ 1.27 $ 1.12 $ 3.38 $ 2.39
Diluted $ 1.21 $ 1.06 $ 3.21 $ 2.29
Weighted-Average Shares of Class A Common Stock Outstanding        
Basic 25,835,812 25,376,186 25,681,563 25,533,358
Diluted 43,440,009 43,091,718 43,951,488 43,427,605