PJT Partners (PJT) Gross Margin (2014 - 2026)
PJT Partners (PJT) posted quarterly Gross Margin of 99.11% for Q2 2026, up 39.0% year-over-year from 71.3% in Q2 2025, and little changed quarter-over-quarter from 98.74% in Q1 2026.
PJT Partners (PJT) Gross Margin (2014 - 2026) Analysis & Trends
PJT Partners' Gross Margin history runs 13 years deep, the most recent figure standing at 99.11% for Q2 2026.
- In Q2 2026, Gross Margin rose 39.0% year-over-year to 99.11%; the TTM figure through Jun 2026 stood at 99.03% (up 40.0% YoY), while the FY2025 annual figure was 98.84%, up 13.0% from the prior year.
- Gross Margin for Q2 2026 stood at 99.11%, roughly flat from 98.74% 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.
- The 5-year median for Gross Margin is 98.23% (2024), against an average of 98.22%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 329 bps in 2023, then sank 112 bps in 2024.
- PJT Partners' Gross Margin stood at 97.2% in 2022, then climbed by 3 bps to 100.49% in 2023, then fell by 1 bps to 99.37% in 2024, then decreased by 0 bps to 99.36% in 2025, then decreased by 0 bps to 99.11% in 2026.
- Business Quant data shows PJT's Gross Margin at 99.11% in Q2 2026, 98.74% in Q1 2026, and 99.36% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 92.05% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 41.19% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 88.68% |
| 10 | PJT Partners | 4.72 Bn | 4.10 Bn | 481.98 Mn | 99.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 99.11% |
| Mar 31, 2026 | 98.71% |
| Dec 31, 2025 | 99.36% |
| Sep 30, 2025 | 98.81% |
| Jun 30, 2025 | 98.72% |
| Mar 31, 2025 | 98.15% |
| Dec 31, 2024 | 99.38% |
| Sep 30, 2024 | 97.90% |
| Jun 30, 2024 | 98.94% |
| Mar 31, 2024 | 98.29% |
| Dec 31, 2023 | 100.50% |
| Sep 30, 2023 | 97.47% |
| Jun 30, 2023 | 97.56% |
| Mar 31, 2023 | 96.84% |
| Dec 31, 2022 | 97.20% |
| 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% |