Net Income (Loss) Per Share Attributable to Class A Common Shareholders (Tables)

The calculations of basic and diluted net income (loss) per share attributable to Class A common shareholders are presented below:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Numerator:
Net income (loss) attributable to Perella Weinberg Partners – basic	$	17,560	$	6,004	$	24,351	$	26,081
Dilutive effect from assumed exchange of PWP OpCo Units, net of tax	3,657		1,971		4,794		—

Dilutive effect from assumed vesting of PWP Incentive Plan Awards, net of tax	282		257		457		1,435
Net income (loss) attributable to Perella Weinberg Partners – diluted	$	21,499	$	8,232	$	29,602	$	27,516
Denominator:
Weighted average shares of Class A common stock outstanding – basic	78,841,501		64,071,958		74,499,165		63,100,339
Weighted average number of incremental shares from assumed exchange of PWP OpCo Units	19,367,110		24,484,915		20,803,488		—

Weighted average number of incremental shares from assumed vesting of PWP Incentive Plan Awards	5,082,640		11,676,583		7,076,371		11,859,146
Weighted average shares of Class A common stock outstanding – diluted	103,291,251		100,233,456		102,379,024		74,959,485
Net income (loss) per share attributable to Class A common shareholders
Basic	$	0.22	$	0.09	$	0.33	$	0.41
Diluted	$	0.21	$	0.08	$	0.29	$	0.37

The following table presents the weighted average potentially dilutive shares that were excluded from the calculation of diluted net income (loss) per share under the treasury stock method or if-converted method, as applicable, because the effect of including such potentially dilutive shares was antidilutive for the period presented:


	Three Months Ended September 30,		Nine Months Ended September 30,
	2026	2025	2026	2025
PWP OpCo Units	—	—	—	25,691,746