v3.26.1
Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and Cash Equivalents $ 235,541 $ 538,858
Investments (at fair value) 299,253 46,940
Accounts Receivable (net of allowance for credit losses of $1,393 and $1,591 at June 30, 2026 and December 31, 2025, respectively) 394,460 404,322
Intangible Assets, Net 4,913 7,452
Goodwill 191,614 191,614
Furniture, Equipment and Leasehold Improvements, Net 73,797 61,042
Operating Lease Right-of-Use Assets 341,556 338,951
Other Assets 112,450 159,114
Deferred Tax Asset, Net 102,227 94,957
Total Assets 1,755,811 1,843,250
Liabilities and Equity    
Accrued Compensation and Benefits 260,315 342,352
Accounts Payable, Accrued Expenses and Other Liabilities 37,900 34,049
Operating Lease Liabilities 419,350 413,918
Amount Due Pursuant to Tax Receivable Agreement 36,032 30,288
Taxes Payable 4,324 5,227
Deferred Revenue 14,720 8,373
Total Liabilities 772,641 834,207
Commitments and Contingencies
Equity    
Additional Paid-In Capital 871,478 845,060
Retained Earnings 477,572 384,187
Accumulated Other Comprehensive Income (Loss) 1,339 2,825
Treasury Stock at Cost (12,405,645 and 11,643,793 shares at June 30, 2026 and December 31, 2025, respectively) (1,038,710) (924,185)
Total PJT Partners Inc. Equity 312,059 308,247
Non-Controlling Interests 671,111 700,796
Total Equity 983,170 1,009,043
Total Liabilities and Equity 1,755,811 1,843,250
Class A Common Stock    
Equity    
Common stock, value $ 380 $ 360