PJT Partners (PJT) Research & Development (2014 - 2026)
PJT Partners (PJT) posted quarterly Research & Development of $13.5 million for Q1 2026, up 46.88% year-over-year from $9.2 million in Q1 2025, and up 31.28% on a QoQ basis from $10.2 million in Q4 2025.
PJT Partners (PJT) Research & Development (2014 - 2026) Analysis & Trends
PJT Partners (PJT) has reported Research & Development for 13 consecutive years, with $13.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 46.88% year-over-year to $13.5 million; the TTM figure through Mar 2026 stood at $43.6 million (up 12.07% YoY), while the FY2025 annual figure was $37.6 million, up 1.68% from the prior year.
- Research & Development came in at $13.5 million for Q1 2026 at PJT Partners, up from $10.2 million in the prior quarter.
- The five-year high for Research & Development was $18.9 million in Q4 2023, with the low at $4.1 million in Q1 2023.
- Average Research & Development over 5 years is $9.7 million, with a median of $8.5 million recorded in 2025.
- Across the five-year window, Research & Development surged 755.51% in 2022 and slumped 43.25% in 2023, its largest moves.
- Year by year, Research & Development stood at $17.6 million in 2022, then grew by 7.32% to $18.9 million in 2023, then slumped by 34.19% to $12.4 million in 2024, then declined by 17.49% to $10.2 million in 2025, then soared by 31.28% to $13.5 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $13.5 million, $10.2 million, and $8.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.15 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 583.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -65.09 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 241.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 23.47 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 39.55 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | - |
| 10 | PJT Partners | 59.27 Mn | 407.49 Mn | 412.92 Mn | 13.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.45 Mn |
| Dec 31, 2025 | 10.25 Mn |
| Sep 30, 2025 | 8.50 Mn |
| Jun 30, 2025 | 11.45 Mn |
| Mar 31, 2025 | 9.16 Mn |
| Dec 31, 2024 | 12.42 Mn |
| Sep 30, 2024 | 8.31 Mn |
| Jun 30, 2024 | 9.06 Mn |
| Mar 31, 2024 | 7.86 Mn |
| Dec 31, 2023 | 18.87 Mn |
| Sep 30, 2023 | 4.48 Mn |
| Jun 30, 2023 | 8.31 Mn |
| Mar 31, 2023 | 4.08 Mn |
| Dec 31, 2022 | 17.59 Mn |
| Sep 30, 2022 | 7.89 Mn |
| Jun 30, 2022 | 7.98 Mn |
| Mar 31, 2022 | 4.42 Mn |
| Dec 31, 2021 | 13.08 Mn |
| Sep 30, 2021 | 4.34 Mn |
| Jun 30, 2021 | 1.70 Mn |