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| 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 |