PJT Partners Inc. PJT

FY2025 · ended Dec 31, 2025 · Revenue $1.70B, +14.9% YoY · Filed Feb 26, 2026

PJT Partners Inc. (PJT) files with the SEC under industry code 6282, Investment Advice. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.7 billion and net income of $180.1 million. Free cash flow was $480.4 million. As of Sep 30, 2026 it held $257.4 million in cash and investments and $429.3 million in total debt.

Revenue (TTM)
$1.81B
+10.4% vs year-ago TTM
Net income (TTM)
$191.52M
+7.6% vs year-ago TTM
Operating cash flow (TTM)
$732.64M
+29.4% vs year-ago TTM
Free cash flow (TTM)
$687.98M
+28.1% vs year-ago TTM
EPS
—
Dividend per share
None
Shares outstanding
—
Net cash
$-171.95M
as of Sep 30, 2026
Operating margin
—

Company profile

Industry
Investment Advice (SIC 6282)
Listed as
PJT (NYSE)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
New York, NY
SEC filer status
Large accelerated filer
SEC CIK
1626115
Former names
PJT Partners Inc. (until Nov 3, 2026)

Other Investment Advice companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$1.7B
$1.5B
$1.1B
$1.0B
$986.4M
Net income
$180.1M
$134.4M
$81.8M
$90.5M
$106.2M
Operating cash flow
$526.3M
$531.0M
$441.5M
$242.7M
$124.2M
Free cash flow
$480.4M
$527.7M
$437.6M
$239.3M
$117.7M
Total assets
$1.8B
$1.6B
$1.4B
$1.1B
$987.6M
Total liabilities
$834.2M
$733.7M
$573.8M
$291.1M
$350.1M
Stockholders' equity
$308.2M
$187.0M
$244.7M
$185.1M
$120.2M
Cash and investments
$538.9M
$483.9M
$355.5M
$173.2M
$200.5M
Total debt
$413.9M
$354.5M
$330.6M
$135.6M
$157.0M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Material agreement, Results of operations, New debt
Nov 3, 2026 Nov 2, 2026
10-Q Quarterly report Jul 30, 2026 Jun 30, 2026
8-K Current report
Results of operations
Jul 28, 2026 Jul 28, 2026
8-K Current report
Officer or director change
Jul 16, 2026 Jul 13, 2026
8-K Current report
Shareholder vote results
Jun 18, 2026 Jun 18, 2026
10-Q Quarterly report Apr 30, 2026 Mar 31, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.