PJT Partners (PJT) Operating Expenses (2014 - 2026)

PJT Partners' Operating Expenses history runs 13 years deep, the most recent figure standing at $337.8 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 24.22% year-over-year to $337.8 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 17.85% YoY), while the FY2025 annual figure was $1.4 billion, up 12.12% from the prior year.
• Operating Expenses was $337.8 million for Q1 2026 at PJT Partners, down from $412.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $412.3 million in Q4 2025 to a low of $170.8 million in Q1 2023.
• Historically, Operating Expenses has averaged $278.3 million across 5 years, with a median of $276.9 million in 2023.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses declined 12.94% in 2023, then surged 61.3% in 2024.
• A 5-year view of Operating Expenses shows it stood at $220.0 million in 2022, then climbed by 25.87% to $276.9 million in 2023, then surged by 35.23% to $374.4 million in 2024, then increased by 10.11% to $412.3 million in 2025, then fell by 18.06% to $337.8 million in 2026.
• The last three Operating Expenses figures came in at $337.8 million (Q1 2026), $412.3 million (Q4 2025), and $356.1 million (Q3 2025), per Business Quant data.