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

PJT Partners Q3 revenue falls 14% to $385 million; nine-month revenue rises 9%

Mixed Impact 3 of 5 earnings

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.

Key points

  • 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

The filing

CompanyPJT Partners (PJT)
Form8-K, current report
Filed with the SECNov 3, 2026, 8:07 AM ET
Accession number0001193125-26-444344

Items reported: 1.01 Material Definitive Agreement2.02 Results of Operations2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.