PJT Partners (PJT) Research & Development (2014 - 2026)

PJT Partners (PJT) recorded quarterly Research & Development of $13.5 million in Q1 2026, up 31.28% quarter-over-quarter from $10.2 million in Q4 2025, and up 46.88% on a YoY basis from $9.2 million in Q1 2025.

PJT Partners (PJT) Research & Development (2014 - 2026) Analysis & Trends

PJT Partners' Research & Development history runs 13 years deep, the most recent figure standing at $13.5 million for 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 was $13.5 million for Q1 2026 at PJT Partners, up from $10.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $18.9 million in Q4 2023 to a low of $4.1 million in Q1 2023.
  • Historically, Research & Development has averaged $9.7 million across 5 years, with a median of $8.5 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Research & Development surged 755.51% in 2022, then sank 43.25% in 2023.
  • A 5-year view of Research & Development shows it stood at $17.6 million in 2022, then gained by 7.32% to $18.9 million in 2023, then sank by 34.19% to $12.4 million in 2024, then decreased by 17.49% to $10.2 million in 2025, then soared by 31.28% to $13.5 million in 2026.
  • The last three Research & Development figures came in at $13.5 million (Q1 2026), $10.2 million (Q4 2025), and $8.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 1.15 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 583.00 Mn
4 Schwab Charles 153.74 Bn 108.77 Bn - -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 241.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - -
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 23.47 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 39.55 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn -
10 PJT Partners 4.15 Bn 4.50 Bn 412.92 Mn 13.45 Mn

Historic Data

Download Data
DateValue
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