PJT Partners (PJT) Research & Development (2014 - 2026)
PJT Partners (PJT) posted Research & Development of $13.0 million for Q2 2026, down 3.23% on a QoQ basis from $13.5 million in Q1 2026, and up 13.76% year-over-year from $11.4 million in Q2 2025.
Analysis
PJT Partners (PJT) Research & Development (2014 - 2026) Analysis & Trends
PJT Partners has reported Research & Development for 13 years, with the latest figure at $13.0 million in Q2 2026.
- On a quarterly basis, Research & Development rose 13.76% year-over-year to $13.0 million in Q2 2026; TTM through Jun 2026 was $49.9 million, a 20.27% increase from a year earlier, with the FY2025 full-year figure at $46.0 million, up 24.29% from the prior year.
- Research & Development was $13.0 million for Q2 2026 at PJT Partners, down from $13.5 million in the prior quarter.
- The five-year high for Research & Development was $13.5 million in Q1 2026, with the low at $4.5 million in Q1 2022.
- Average Research & Development over 5 years is $9.5 million, with a median of $9.1 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 110.13% in 2022, then dropped 9.07% in 2023.
- Over 5 years, Research & Development stood at $9.5 million in 2022, then declined by 7.95% to $8.7 million in 2023, then increased by 20.69% to $10.5 million in 2024, then climbed by 23.47% to $13.0 million in 2025, then climbed by 0.12% to $13.0 million in 2026.
- The last three Research & Development figures came in at $13.0 million (Q2 2026), $13.5 million (Q1 2026), and $13.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 43.96 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 162.86 Mn |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 13.02 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 15.68 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 15.89 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 52.63 Mn |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | - |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 9.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.02 Mn |
| Mar 31, 2026 | 13.45 Mn |
| Dec 31, 2025 | 13.01 Mn |
| Sep 30, 2025 | 10.38 Mn |
| Jun 30, 2025 | 11.45 Mn |
| Mar 31, 2025 | 11.16 Mn |
| Dec 31, 2024 | 10.53 Mn |
| Sep 30, 2024 | 8.31 Mn |
| Jun 30, 2024 | 9.06 Mn |
| Mar 31, 2024 | 9.10 Mn |
| Dec 31, 2023 | 8.73 Mn |
| Sep 30, 2023 | 7.18 Mn |
| Jun 30, 2023 | 8.31 Mn |
| Mar 31, 2023 | 6.97 Mn |
| Dec 31, 2022 | 9.48 Mn |
| Sep 30, 2022 | 7.89 Mn |
| Jun 30, 2022 | 7.98 Mn |
| Mar 31, 2022 | 4.46 Mn |
| Dec 31, 2021 | 4.51 Mn |
| Sep 30, 2021 | 4.34 Mn |