PJT Partners (PJT) Cost of Revenue (2014 - 2026)

PJT Partners' Cost of Revenue history runs 13 years deep, the most recent figure standing at $5.3 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 11.87% year-over-year to $5.3 million; the TTM figure through Mar 2026 stood at $19.2 million (down 2.34% YoY), while the FY2025 annual figure was $19.9 million, up 3.4% from the prior year.
• Cost of Revenue was $5.3 million for Q1 2026 at PJT Partners, up from $3.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $8.4 million in Q2 2023 to a low of -$1.6 million in Q4 2023.
• Historically, Cost of Revenue has averaged $5.6 million across 5 years, with a median of $6.0 million in 2025.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue sank 120.5% in 2023, then soared 286.79% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $7.9 million in 2022, then sank by 120.5% to -$1.6 million in 2023, then jumped by 286.79% to $3.0 million in 2024, then grew by 13.51% to $3.4 million in 2025, then surged by 54.53% to $5.3 million in 2026.
• The last three Cost of Revenue figures came in at $5.3 million (Q1 2026), $3.4 million (Q4 2025), and $5.3 million (Q3 2025), per Business Quant data.