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| Date | Value |
|---|---|
| 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% |