PJT Partners reports record Q2 revenue of $407 million, up 13%; GAAP EPS $1.21
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.
Key points
- 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
The filing
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 July 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.