PJT Partners (PJT) Operating Expenses (2014 - 2026)
PJT Partners (PJT) posted quarterly Operating Expenses of $384.2 million for Q2 2026, up 16.28% year-over-year from $330.4 million in Q2 2025, and up 13.73% quarter-over-quarter from $337.8 million in Q1 2026.
PJT Partners (PJT) Operating Expenses (2014 - 2026) Analysis & Trends
PJT Partners' Operating Expenses history runs 13 years deep, the most recent figure standing at $384.2 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 16.28% year-over-year to $384.2 million; the TTM figure through Jun 2026 stood at $1.5 billion (up 18.88% YoY), while the FY2025 annual figure was $1.4 billion, up 12.12% from the prior year.
- Operating Expenses for Q2 2026 stood at $384.2 million, up from $337.8 million in the prior quarter.
- The five-year high for Operating Expenses was $412.3 million in Q4 2025, with the low at $170.8 million in Q1 2023.
- The 5-year median for Operating Expenses is $276.9 million (2023), against an average of $284.2 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses dropped 12.94% in 2023, then jumped 61.3% in 2024.
- PJT Partners' Operating Expenses stood at $220.0 million in 2022, then advanced by 25.87% to $276.9 million in 2023, then jumped by 35.23% to $374.4 million in 2024, then grew by 10.11% to $412.3 million in 2025, then retreated by 6.81% to $384.2 million in 2026.
- Business Quant data shows PJT's Operating Expenses at $384.2 million in Q2 2026, $337.8 million in Q1 2026, and $412.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 3.29 Bn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -200.78 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 734.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 81.75 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 381.00 Mn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 4.67 Bn |
| 10 | PJT Partners | 4.59 Bn | 4.64 Bn | 481.98 Mn | 384.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 384.20 Mn |
| Mar 31, 2026 | 337.82 Mn |
| Dec 31, 2025 | 412.25 Mn |
| Sep 30, 2025 | 356.14 Mn |
| Jun 30, 2025 | 330.41 Mn |
| Mar 31, 2025 | 271.95 Mn |
| Dec 31, 2024 | 374.40 Mn |
| Sep 30, 2024 | 276.94 Mn |
| Jun 30, 2024 | 295.78 Mn |
| Mar 31, 2024 | 275.49 Mn |
| Dec 31, 2023 | 276.86 Mn |
| Sep 30, 2023 | 235.81 Mn |
| Jun 30, 2023 | 292.11 Mn |
| Mar 31, 2023 | 170.80 Mn |
| Dec 31, 2022 | 219.96 Mn |
| Sep 30, 2022 | 218.45 Mn |
| Jun 30, 2022 | 189.45 Mn |
| Mar 31, 2022 | 196.17 Mn |
| Dec 31, 2021 | 238.43 Mn |
| Sep 30, 2021 | 183.02 Mn |