PJT Partners (PJT) Cost of Revenue (2014 - 2026)
PJT Partners (PJT) posted Cost of Revenue of $4.3 million for Q2 2026, down 18.41% on a QoQ basis from $5.3 million in Q1 2026, and down 17.05% year-over-year from $5.2 million in Q2 2025.
Analysis
PJT Partners (PJT) Cost of Revenue (2014 - 2026) Analysis & Trends
PJT Partners has reported Cost of Revenue for 13 years, with the latest figure at $4.3 million in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 17.05% year-over-year to $4.3 million in Q2 2026; TTM through Jun 2026 was $18.3 million, a 12.91% decrease from a year earlier, with the FY2025 full-year figure at $19.9 million, up 3.4% from the prior year.
- Cost of Revenue was $4.3 million for Q2 2026 at PJT Partners, down from $5.3 million in the prior quarter.
- The five-year high for Cost of Revenue was $8.4 million in Q2 2023, with the low at -$1.6 million in Q4 2023.
- Average Cost of Revenue over 5 years is $5.5 million, with a median of $5.8 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue plunged 120.5% in 2023, then jumped 286.79% in 2024.
- Over 5 years, Cost of Revenue stood at $7.9 million in 2022, then plunged by 120.5% to -$1.6 million in 2023, then surged by 286.79% to $3.0 million in 2024, then increased by 13.51% to $3.4 million in 2025, then grew by 26.08% to $4.3 million in 2026.
- The last three Cost of Revenue figures came in at $4.3 million (Q2 2026), $5.3 million (Q1 2026), and $3.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 22.83 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 31.25 Mn |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 4.31 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | - |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | - |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 205,480.60 |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.31 Mn |
| Mar 31, 2026 | 5.29 Mn |
| Dec 31, 2025 | 3.42 Mn |
| Sep 30, 2025 | 5.33 Mn |
| Jun 30, 2025 | 5.20 Mn |
| Mar 31, 2025 | 6.00 Mn |
| Dec 31, 2024 | 3.01 Mn |
| Sep 30, 2024 | 6.85 Mn |
| Jun 30, 2024 | 3.83 Mn |
| Mar 31, 2024 | 5.59 Mn |
| Dec 31, 2023 | -1.61 Mn |
| Sep 30, 2023 | 7.04 Mn |
| Jun 30, 2023 | 8.45 Mn |
| Mar 31, 2023 | 6.32 Mn |
| Dec 31, 2022 | 7.87 Mn |
| Sep 30, 2022 | 7.96 Mn |
| Jun 30, 2022 | 6.67 Mn |
| Mar 31, 2022 | 7.76 Mn |
| Dec 31, 2021 | 6.60 Mn |
| Sep 30, 2021 | 7.24 Mn |