PJT Partners (PJT) Gross Margin (2014 - 2026)

PJT Partners (PJT) posted quarterly Gross Margin of 98.74% for Q1 2026, up 60.0% year-over-year from 61.71% in Q1 2025, and down 0.61% on a QoQ basis from 99.34% in Q4 2025.

PJT Partners (PJT) Gross Margin (2014 - 2026) Analysis & Trends

PJT Partners (PJT) has reported Gross Margin for 13 consecutive years, with 98.74% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin rose 60.0% year-over-year to 98.74%; the TTM figure through Mar 2026 stood at 98.92% (up 25.0% YoY), while the FY2025 annual figure was 98.82%, up 12.0% from the prior year.
  • Gross Margin came in at 98.74% for Q1 2026 at PJT Partners, down from 99.34% in the prior quarter.
  • The five-year high for Gross Margin was 100.49% in Q4 2023, with the low at 96.84% in Q1 2023.
  • Average Gross Margin over 5 years is 98.16%, with a median of 98.14% recorded in 2025.
  • Across the five-year window, Gross Margin soared 330 bps in 2023 and tumbled 112 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 97.19% in 2022, then rose by 3 bps to 100.49% in 2023, then dropped by 1 bps to 99.37% in 2024, then slipped by 0 bps to 99.34% in 2025, then slipped by 1 bps to 98.74% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 98.74%, 99.34%, and 98.8% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (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 206.12%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 89.97%
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 84.10%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 99.97%
10 PJT Partners 59.27 Mn 407.49 Mn 412.92 Mn 98.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 98.74%
Dec 31, 2025 99.34%
Sep 30, 2025 98.80%
Jun 30, 2025 98.72%
Mar 31, 2025 98.14%
Dec 31, 2024 99.37%
Sep 30, 2024 97.90%
Jun 30, 2024 98.94%
Mar 31, 2024 98.29%
Dec 31, 2023 100.49%
Sep 30, 2023 97.47%
Jun 30, 2023 97.56%
Mar 31, 2023 96.84%
Dec 31, 2022 97.19%
Sep 30, 2022 97.01%
Jun 30, 2022 97.14%
Mar 31, 2022 96.85%
Dec 31, 2021 97.89%
Sep 30, 2021 96.87%
Jun 30, 2021 97.18%