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
DateValue
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