PJT Partners Inc. (PJT) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Financials
Investment AdviceSEC EDGAR

PJT Partners Inc. (PJT) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

PJT Partners Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: Global advisory-focused investment bank delivering strategic advisory, restructuring, and alternative asset fundraising services
  • New emphasis on integrating Artificial Intelligence (AI) into advisory capabilities to enhance service differentiation in a complex environment
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Management Discussion & Analysis

  • No explicit revenue or YoY change figures disclosed in provided text
  • No profitability or margin figures provided in the excerpt
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Risk Factors

  • Regulatory risk from OECD Pillar Two global minimum tax rules, potential tax increases upon local adoption in jurisdictions PJT operates
  • Macroeconomic risk from global M&A transaction count down to five-year low despite 49% volume increase in 2025, exposing revenue timing volatility
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PJT Partners Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$1.7B

+14.9% YoY

Net Income

$180M

+34.0% YoY

Net Margin

10.6%

+151bp YoY

ROE

58.4%

-1343bp YoY

Total Assets

$1.8B

+12.7% YoY

Operating Cash Flow

$526M

-0.9% YoY

Source: XBRL data from PJT Partners Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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