Perella Weinberg Partners (PWP) Operating Expenses (2019 - 2026)

Perella Weinberg Partners (PWP) posted quarterly Operating Expenses of $151.5 million for Q2 2026, up 3.52% year-over-year from $146.3 million in Q2 2025, and down 6.39% on a QoQ basis from $161.8 million in Q1 2026.

Perella Weinberg Partners (PWP) Operating Expenses (2019 - 2026) Analysis & Trends

Perella Weinberg Partners has reported Operating Expenses for 8 years, with the latest figure at $151.5 million in Q2 2026.

  • Operating Expenses for Q2 2026 came in at $151.5 million, up 3.52% year-over-year; the trailing twelve-month figure through Jun 2026 was $669.7 million (down 15.56% YoY), and the FY2025 annual result was $702.9 million, down 26.52% from the prior year.
  • Operating Expenses retreated to $151.5 million in Q2 2026, from $161.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $354.2 million in Q2 2024 and troughed at $146.3 million in Q2 2025.
  • A 5-year average of $189.8 million and a median of $164.0 million in 2022 frame the typical range for Operating Expenses.
  • The widest annual swing landed in 2024, when Operating Expenses jumped 89.13%; it then tumbled 58.69% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $202.7 million in 2022, then increased by 26.62% to $256.6 million in 2023, then declined by 20.39% to $204.3 million in 2024, then dropped by 1.8% to $200.6 million in 2025, then declined by 24.5% to $151.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $151.5 million in Q2 2026, $161.8 million in Q1 2026, and $200.6 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 Perella Weinberg Partners 1.50 Bn 1.69 Bn - 151.47 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 151.47 Mn
Mar 31, 2026 161.82 Mn
Dec 31, 2025 200.63 Mn
Sep 30, 2025 155.78 Mn
Jun 30, 2025 146.32 Mn
Mar 31, 2025 200.16 Mn
Dec 31, 2024 204.30 Mn
Sep 30, 2024 242.35 Mn
Jun 30, 2024 354.23 Mn
Mar 31, 2024 155.69 Mn
Dec 31, 2023 256.64 Mn
Sep 30, 2023 165.70 Mn
Jun 30, 2023 187.30 Mn
Mar 31, 2023 154.12 Mn
Dec 31, 2022 202.69 Mn
Sep 30, 2022 154.20 Mn
Jun 30, 2022 160.12 Mn
Mar 31, 2022 162.24 Mn
Dec 31, 2021 199.53 Mn
Sep 30, 2021 187.75 Mn