AI brief of an SEC Form 8-K · PJT Partners (PJT)

PJT Partners Q1 revenue dips 1% to $325 million; GAAP diluted EPS rises to $1.99

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyPJT Partners (PJT)
Form8-K, current report
Filed with the SECApr 29, 2025, 6:50 AM ET
Accession number0000950170-25-059542

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.