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

PJT Partners Q1 revenue rises 29% to $418 million; sets $800 million buyback

Positive Impact 4 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyPJT Partners (PJT)
Form8-K, current report
Filed with the SECApr 28, 2026, 6:50 AM ET
Accession number0001193125-26-183466

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 28, 2026.

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.