Every material Form 8-K PJT Partners has filed with the SEC since July 25, 2023, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
PJT Partners reported third-quarter 2026 revenue of $385 million, down 14% from a year earlier, with GAAP diluted EPS of $1.15, down 22%. For the nine months, revenue rose 9% to $1.29 billion and the company called it a record for revenue, pretax income and EPS. The company also extended its $100 million revolving credit facility to November 2, 2029, with no borrowings outstanding.
Q3 2026 revenue of $385 million, down 14%; GAAP diluted EPS of $1.15 vs. $1.47 a year earlier
Nine-month 2026 revenue of $1.29 billion, up 9%; GAAP diluted EPS of $5.02, up 7%
Revolving credit facility amended and restated, maturity extended to November 2, 2029, at SOFR plus 1.75%
Cash and short-term investments of $766 million and no funded debt as of September 30, 2026
PJT Partners reported second-quarter 2026 revenue of $486.3 million, up 20% from a year ago, with GAAP pretax income of $102.1 million (up 33%) and GAAP diluted EPS of $1.66 (up 37%). The company said these were record second-quarter results and ended the quarter with $535 million in cash and short-term investments and no funded debt, which matters to shareholders because it reflects both profit growth and a balance sheet with no borrowings.
Q2 2026 revenue $486.3 million, up 20%; GAAP pretax income $102.1 million, up 33%
GAAP diluted EPS $1.66 vs. $1.21 a year earlier (up 37%); adjusted EPS $1.97, up 28%
Cash and short-term investments $535 million at June 30, 2026; remaining buyback authorization $760 million; quarterly dividend $0.25 payable September 16, 2026
PJT Partners said CFO Helen Meates will step down effective October 1, 2026, and the Board has appointed Arun Kalra, currently Director of Finance, as her successor on the same date. Ms. Meates will stay in a non-executive role to assist the transition and retire after it ends, and the filing says the company's press release states she will remain through year-end 2026. The filing contains no financial results, so the change is a leadership transition rather than a change in reported performance.
Helen Meates steps down as CFO effective October 1, 2026, and remains in a non-executive role during the transition.
Arun Kalra, 38, joined PJT Partners in 2016 as head of Financial Planning and Analysis and is currently Director of Finance.
Ms. Meates continues to receive her base salary during the transition and remains eligible for a fiscal 2026 cash bonus.
Ms. Meates' departure after the transition will count as a qualifying retirement for her outstanding equity awards.
PJT Partners reported record first-quarter 2026 revenues of $418.2 million, up 29% from a year earlier, with GAAP pretax income of $80.4 million, up 53%. On April 23, 2026, the board authorized an $800 million Class A share repurchase program that replaces the remaining prior authorization, and the company reported $388 million in cash and no funded debt.
Revenues of $418.2 million for the quarter ended March 31, 2026, up from $324.5 million a year earlier
GAAP diluted EPS of $2.21, up 11%; adjusted EPS of $1.54, up 47%
Board authorized an $800 million Class A repurchase program on April 23, 2026, replacing the program from February 5, 2024
Cash, cash equivalents and short-term investments of $388 million and no funded debt as of March 31, 2026; quarterly dividend of $0.25 per share payable June 17, 2026
PJT Partners reported full-year 2025 revenues of $1.71 billion, up 15% from 2024, with GAAP diluted EPS of $6.68, up 36%. Fourth-quarter revenues were $535 million, up 12%, and GAAP diluted EPS was $1.97, up 8%. Revenue and profit both improved for shareholders, and the company reported $586 million...
Full-year 2025 revenues of $1.71 billion, up 15%; GAAP diluted EPS of $6.68, up 36%
Fourth-quarter 2025 revenues of $535 million, up 12%; GAAP diluted EPS of $1.97, up 8%
Cash, cash equivalents and short-term investments of $586 million at December 31, 2025, with no funded debt
Quarterly dividend of $0.25 per Class A share, payable March 18, 2026 to holders of record as of March 4, 2026
PJT Partners reported third-quarter 2025 revenue of $447 million, up 37% from a year earlier, with GAAP diluted EPS of $1.47 versus $0.79 a year ago. The company also declared a quarterly dividend of $0.25 per share and reported no funded debt as of September 30, 2025.
Q3 2025 revenues of $447 million, up 37%; advisory fees rose to $389.8 million
GAAP diluted EPS of $1.47 (up 86%); Adjusted EPS of $1.85 (up 99%)
GAAP pretax income of $91 million, up 84%; cash and short-term investments of $521 million and no funded debt
Quarterly dividend of $0.25 per share payable December 17, 2025 to holders of record as of December 3, 2025
PJT Partners appointed Peter L.S. Currie as a director effective July 30, 2025, increasing the Board to eight members, and placed him on the Audit Committee. The Board determined he is independent under New York Stock Exchange rules. The change adds a director with prior audit committee and public company board experience, but the filing reports no financial results or compensation beyond standard non-employee director pay.
Currie appointed effective July 30, 2025; Board size rises to eight members
Designated a Class II director, standing for election at the 2026 Annual Meeting
Also appointed to the Audit Committee effective July 30, 2025
Receives standard non-employee director compensation described in the April 29, 2025 proxy statement
PJT Partners reported record second-quarter revenue of $407 million, up 13% from a year ago, with GAAP diluted EPS of $1.21, up 14%. Advisory fees rose 15% on higher strategic advisory revenue, and the company ended the quarter with $318 million in cash and short-term investments and no funded debt, which supports shareholder returns through buybacks and a $0.25 quarterly dividend.
Q2 2025 revenues of $407 million, up 13%; GAAP pretax income of $76 million, up 19%
Q2 GAAP diluted EPS of $1.21, up 14%; adjusted EPS of $1.54, up 29%
Six-month GAAP diluted EPS of $3.21, up 40%; six-month revenues of $731 million, up 6%
Cash and short-term investments of $318 million and no funded debt as of June 30, 2025; $0.25 quarterly dividend payable September 17, 2025
PJT Partners reported first-quarter 2025 results on April 29, 2025. Revenues fell 1% to $325 million from $329 million, while GAAP diluted EPS rose to $1.99 from $1.22, which the company called a record, and GAAP pretax income was roughly flat at $53 million. The board also declared a $0.25 quarterly dividend and the company reported $151 million of remaining repurchase authorization.
Total revenues were $324.5 million versus $329.4 million a year earlier, down 1%; advisory fees fell 2% and placement fees rose 4%.
GAAP diluted EPS was $1.99 versus $1.22; adjusted EPS was $1.05 versus $0.98.
GAAP pretax income was $52.6 million versus $53.9 million in the prior-year quarter.
Quarterly dividend of $0.25 per Class A share is payable June 18, 2025 to holders of record as of June 4, 2025.
PJT Partners reported full-year 2024 revenues of $1.49 billion, up 29%, with GAAP diluted EPS of $4.92, up 58%. For the fourth quarter, revenues rose 45% to $477 million and GAAP diluted EPS rose 110% to $1.83, and the company repurchased 2.2 million shares in the open market. Revenue, profit and per-share earnings all improved, and the company declared a quarterly dividend of $0.25 per share.
Full-year 2024 revenues of $1.49 billion, up 29%; GAAP pretax income of $271 million, up 52%
Fourth-quarter 2024 revenues of $477 million, up 45%; GAAP diluted EPS of $1.83, up 110%
Full-year GAAP diluted EPS of $4.92, up 58%; Adjusted EPS of $5.02, up 54%
Cash, cash equivalents and short-term investments of $547 million at year-end with no funded debt; $278 million left on repurchase authorization; quarterly dividend of $0.25 per share payable March 19, 2025
PJT Partners reported third-quarter 2024 results in a press release furnished as Exhibit 99.1 to a Form 8-K. Revenue rose 17% from a year earlier to $326 million, and GAAP diluted EPS rose 16% to $0.79, with the company describing these as record third-quarter results. The company also declared a quarterly dividend of $0.25 per share and reported $477 million in cash and short-term investments with no funded debt.
Q3 2024 total revenues were $326.3 million, up 17% from $278.4 million a year earlier
GAAP diluted EPS was $0.79 versus $0.68; Adjusted EPS was $0.93 versus $0.78
GAAP pretax income was $49.4 million, up 16% from a year earlier
Quarterly dividend of $0.25 per Class A share is payable December 18, 2024 to holders of record on December 4, 2024
PJT Partners reported second-quarter 2024 total revenues of $360 million, up 4% from a year earlier, and GAAP diluted EPS of $1.06, up 23%. On July 29, 2024, the firm entered a new $100 million revolving credit facility maturing July 29, 2026, and terminated its $60 million facility with First Republic Bank. As of June 30, 2024, the company reported $351 million in cash, cash equivalents and short-term investments and no funded debt.
Q2 2024 total revenues were $360 million, up 4% from $346 million; GAAP diluted EPS was $1.06 versus $0.86.
Six-month revenues were $690 million, up 26%; GAAP diluted EPS was $2.29 versus $1.53.
On July 29, 2024, the new revolving credit facility carries SOFR plus 1.85% and matures July 29, 2026; the prior $60 million facility was terminated.
As of June 30, 2024, cash, cash equivalents and short-term investments were $351 million and the company had no funded debt.
PJT Partners reported record first-quarter 2024 revenues of $329 million, up 65% from a year earlier, with GAAP diluted EPS of $1.22, up 82%. Management said the company reported its second highest revenue quarter ever, and it repurchased 1.5 million share equivalents during the quarter.
Total revenues $329.4 million vs. $200.0 million in Q1 2023; Advisory revenues up 72%
GAAP diluted EPS $1.22 vs. $0.67; Adjusted EPS $0.98 vs. $0.54
GAAP non-compensation expense rose to $46.6 million from $37.8 million, mainly due to higher bad debt expense, occupancy and travel
Cash and short-term investments of $236 million, no funded debt; quarterly dividend of $0.25 per share payable June 20, 2024
PJT Partners reported record full-year 2023 revenues of $1.15 billion, up 12%, and record fourth-quarter revenues of $329 million, up 17%. GAAP diluted EPS fell to $3.12 for the year from $3.51 and to $0.87 for the quarter from $0.95, so profit per share declined even as revenue grew. The Board also authorized a new $500 million Class A share repurchase program.
Full-year 2023 total revenues of $1.15 billion, up 12% from $1.03 billion; GAAP diluted EPS of $3.12 versus $3.51 in 2022
Fourth-quarter 2023 revenues of $329 million, up 17%; GAAP diluted EPS of $0.87 versus $0.95 a year earlier
Board authorized a $500 million Class A common stock repurchase program on February 5, 2024, replacing the April 25, 2022 authorization
Cash, cash equivalents and short-term investments of $437 million at December 31, 2023, with no funded debt
PJT Partners reported third-quarter 2023 revenue of $278 million, up 5% from a year earlier, driven by higher advisory revenue. GAAP diluted earnings per share fell to $0.68 from $0.82, and placement revenue dropped 33%, so profit moved in the opposite direction from revenue.
Q3 2023 total revenues were $278 million, up 5% from $266 million; advisory revenues rose 9% to $244 million while placement revenues fell 33% to $27 million.
GAAP diluted EPS was $0.68 versus $0.82 a year earlier; adjusted EPS was $0.78 versus $0.96.
Nine-month revenues were a record $825 million, up 11%, while nine-month GAAP diluted EPS was $2.20 versus $2.56.
As of September 30, 2023, the company held $355 million in cash, cash equivalents and short-term investments with no funded debt; the board declared a $0.25 quarterly dividend payable December 20, 2023.
PJT Partners reported second-quarter 2023 revenue of $346 million, up 49% from a year earlier, and GAAP diluted EPS of $0.86 versus $0.74. For the first six months, revenue rose 14% to $546 million, but GAAP diluted EPS fell 12% to $1.53, as compensation and non-compensation expenses increased. The Board declared a $0.25 quarterly dividend, and the company held $226 million in cash with no funded debt as of June 30, 2023.
Q2 2023 revenue of $346 million, up 49%; Advisory revenue of $324 million, up 73%, principally due to higher restructuring revenues
Q2 GAAP diluted EPS of $0.86 versus $0.74; Adjusted EPS of $0.99 versus $0.88 in the prior year
Six months GAAP diluted EPS of $1.53, down 12%; Adjusted EPS of $1.52, down 19%
Quarterly dividend of $0.25 per Class A share, payable September 20, 2023 to holders of record as of September 6, 2023
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