PJT Partners (PJT) Gross Margin (2014 - 2026)
PJT Partners (PJT) recorded quarterly Gross Margin of 98.74% in Q1 2026, down 0.61% quarter-over-quarter from 99.34% in Q4 2025, and up 60.0% on a YoY basis from 61.71% in Q1 2025.
PJT Partners (PJT) Gross Margin (2014 - 2026) Analysis & Trends
PJT Partners' Gross Margin history runs 13 years deep, the most recent figure standing at 98.74% for 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 was 98.74% for Q1 2026 at PJT Partners, down from 99.34% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.49% in Q4 2023 to a low of 96.84% in Q1 2023.
- Historically, Gross Margin has averaged 98.16% across 5 years, with a median of 98.14% in 2025.
- The sharpest annual moves came in 2023 and 2024: Gross Margin soared 330 bps in 2023, then slumped 112 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 97.19% in 2022, then climbed by 3 bps to 100.49% in 2023, then retreated by 1 bps to 99.37% in 2024, then fell by 0 bps to 99.34% in 2025, then fell by 1 bps to 98.74% in 2026.
- The last three Gross Margin figures came in at 98.74% (Q1 2026), 99.34% (Q4 2025), and 98.8% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | - |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 89.97% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | - |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | - |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 84.10% |
| 10 | PJT Partners | 4.15 Bn | 4.50 Bn | 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% |