Perella Weinberg Partners PWP
NASDAQ PWP
$12.96 +0.19 (+1.49%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Perella Weinberg Partners' (PWP) quarterly Operating Expenses came in at $151.5 million in Q2 2026, up 3.52% year-over-year from $146.3 million in Q2 2025, and down 6.39% quarter-over-quarter from $161.8 million in Q1 2026.

Analysis

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

Perella Weinberg Partners (PWP) has reported Operating Expenses for 8 consecutive years, with $151.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 3.52% year-over-year to $151.5 million in Q2 2026; TTM through Jun 2026 was $669.7 million, a 15.56% decrease from a year earlier, with the FY2025 full-year figure at $702.9 million, down 26.52% from the prior year.
  • Operating Expenses was $151.5 million for Q2 2026 at Perella Weinberg Partners, down 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.
  • Across the five-year window, Operating Expenses surged 89.13% in 2024 and plunged 58.69% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $202.7 million in 2022, then climbed by 26.62% to $256.6 million in 2023, then slipped by 20.39% to $204.3 million in 2024, then decreased by 1.8% to $200.6 million in 2025, then slipped by 24.5% to $151.5 million in 2026.
  • The last three Operating Expenses figures came in at $151.5 million (Q2 2026), $161.8 million (Q1 2026), and $200.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Evercore 10.14 Bn 8.05 Bn 975.67 Mn 843.62 Mn
2 Jefferies Financial 9.74 Bn -5.67 Bn 3.09 Bn 1.89 Bn
3 Houlihan Lokey 9.07 Bn 7.99 Bn - -
4 Cluster Group Holdings 8.00 Bn 8.00 Bn - 8,222.00
5 PJT Partners 5.75 Bn 5.81 Bn 481.98 Mn 384.20 Mn
6 Moelis 5.25 Bn 5.17 Bn - 336.56 Mn
7 Piper Sandler Companies 4.88 Bn 4.77 Bn - 395.08 Mn
8 Lazard 3.95 Bn 2.96 Bn - 770.07 Mn
9 BRBI BR Partners 3.50 Bn 3.38 Bn 16.77 Mn -17.45 Mn
10 Perella Weinberg Partners 1.40 Bn 1.59 Bn - 151.47 Mn
Historic Data

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