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

PJT Partners (PJT) posted quarterly Cost of Revenue of $5.3 million for Q1 2026, down 11.87% year-over-year from $6.0 million in Q1 2025, and up 54.53% on a QoQ basis from $3.4 million in Q4 2025.

PJT Partners (PJT) Cost of Revenue (2014 - 2026) Analysis & Trends

PJT Partners (PJT) has reported Cost of Revenue for 13 consecutive years, with $5.3 million the latest figure, recorded in 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 came in at $5.3 million for Q1 2026 at PJT Partners, up from $3.4 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 $5.6 million, with a median of $6.0 million recorded in 2025.
  • Across the five-year window, Cost of Revenue slumped 120.5% in 2023 and soared 286.79% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $7.9 million in 2022, then slumped by 120.5% to -$1.6 million in 2023, then jumped by 286.79% to $3.0 million in 2024, then gained by 13.51% to $3.4 million in 2025, then surged by 54.53% to $5.3 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $5.3 million, $3.4 million, and $5.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 65.09 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 107.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 6.62 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 39,000.00
10 PJT Partners 59.27 Mn 407.49 Mn 412.92 Mn 5.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.29 Mn
Mar 31, 2026 5.29 Mn
Dec 31, 2025 3.42 Mn
Dec 31, 2025 3.42 Mn
Sep 30, 2025 5.33 Mn
Sep 30, 2025 5.33 Mn
Jun 30, 2025 5.20 Mn
Jun 30, 2025 5.20 Mn
Mar 31, 2025 6.00 Mn
Mar 31, 2025 6.00 Mn
Dec 31, 2024 3.01 Mn
Dec 31, 2024 3.01 Mn
Sep 30, 2024 6.85 Mn
Sep 30, 2024 6.85 Mn
Jun 30, 2024 3.83 Mn
Jun 30, 2024 3.83 Mn
Mar 31, 2024 5.59 Mn
Mar 31, 2024 5.59 Mn
Dec 31, 2023 -1.61 Mn
Dec 31, 2023 -1.61 Mn