PJT Partners Inc. (PJT) Revenue History
Annual and quarterly revenue from 2013 to present
PJT Revenue Over Time (2013–2025)
PJT Revenue Growth History
10 of 12 years with positive growth- FY2013 revenue growth
- N/A
- FY2014 revenue growth
- +1.0%
- FY2015 revenue growth
- +1.2%
- FY2016 revenue growth
- +23.0%
- FY2017 revenue growth
- -0.0%
- FY2018 revenue growth
- +16.2%
- FY2019 revenue growth
- +23.7%
- FY2020 revenue growth
- +46.6%
- FY2021 revenue growth
- -5.7%
- FY2022 revenue growth
- +3.4%
- FY2023 revenue growth
- +12.5%
- FY2024 revenue growth
- +29.5%
- FY2025 revenue growth
- +14.8%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $418.2M | — |
| Q4 2025 | $535.2M | — |
| Q3 2025 | $447.1M | — |
| Q2 2025 | $406.9M | — |
| Q1 2025 | $324.5M | — |
| Q4 2024 | $477.3M | — |
| Q3 2024 | $326.3M | — |
| Q2 2024 | $360.2M | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
PJT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PJT Revenue Analysis (2013–2025)
Current Revenue & Growth
As of June 20, 2026, PJT Partners Inc. (PJT) generated trailing twelve-month (TTM) revenue of $1.81 billion, reflecting exceptional growth of +28.9% year-over-year. The most recent quarter (Q1 2026) recorded $418.2 million in revenue, down 21.9% sequentially.
Historical Growth Trajectory
PJT's 5-year compound annual growth rate (CAGR) stands at +10.2%, indicating consistent double-digit revenue growth. The 3-year CAGR of +18.7% exceeds the 5-year average, indicating an acceleration in the most recent period. PJT Partners Inc.'s highest annual revenue of $1.71 billion was recorded in 2025, an all-time high.
Revenue by Segment
PJT's revenue is primarily driven by Advisory Fees (88%), Placement Fees (11%), and Interest Income and Other (2%). With over half of revenue concentrated in Advisory Fees, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Financial Services sector peers — including LAZ, EVR, and MC. Compare PJT vs LAZ →
PJT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PJTCurrent | $1.8B | +28.9% | +10.2% | 21.2% | |
 LAZ | $3.2B | - | - | 13.0% | |
 EVR | $3.9B | - | - | 20.5% | |
 MC | $1.5B | - | - | 18.1% | |
 PWP | $751M | - | - | 6.4% | |
 HLI | $2.4B | - | - | 21.0% |
PJT Historical Revenue Data (2013–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.71B | - | $555.7M | 32.4% | $362.9M | 21.2% |
| 2024 | $1.49B | - | $461.1M | 30.9% | $289.9M | 19.4% |
| 2023 | $1.15B | - | $347.8M | 30.2% | $197.8M | 17.2% |
| 2022 | $1.03B | - | $356.4M | 34.8% | $231.1M | 22.5% |
| 2021 | $991.9M | - | $351.9M | 35.5% | $245.4M | 24.7% |
| 2020 | $1.05B | - | $368.9M | 35.1% | $274.5M | 26.1% |
| 2019 | $717.6M | - | $215.5M | 30.0% | $108.6M | 15.1% |
| 2018 | $580.2M | - | $155.8M | 26.8% | $62.1M | 10.7% |
| 2017 | $499.3M | - | $107.8M | 21.6% | $29.1M | 5.8% |
| 2016 | $499.4M | - | $118.4M | 23.7% | $39.3M | 7.9% |
| 2015 | $405.9M | - | $90.7M | 22.4% | $1.7M | 0.4% |
| 2014 | $401.1M | - | $83.6M | 20.8% | $18.9M | 4.7% |
| 2013 | $397.0M | - | $57.2M | 14.4% | $-6,108,000 | -1.5% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
13+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
PJT — Frequently Asked Questions
Quick answers to the most common questions about buying PJT stock.
Is PJT's revenue growth accelerating or slowing?
PJT revenue growth is accelerating. TTM revenue reached $1.8B, up +28.9% year-over-year — ahead of the 5-year CAGR of +10.2%. This indicates the business is expanding faster than its historical baseline.
What is PJT's revenue history from 2013 to 2026?
PJT Partners Inc. (PJT) revenue history spans 2013 to 2026. TTM revenue as of 2026 is $1.8B, growing at +28.9% YoY. The 5-year CAGR is +10.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is PJT's long-term revenue growth rate (CAGR)?
PJT Partners Inc.'s 5-year revenue CAGR of +10.2% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +28.9% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for PJT.
Why does PJT's quarterly revenue fluctuate?
PJT quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. PJT Partners Inc.'s revenue data from 2013 to 2026 shows full historical quarterly detail on this page.
How is PJT's revenue distributed by segment?
PJT reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does PJT's revenue compare to industry peers?
PJT Partners Inc. (PJT) with TTM revenue of $1.8B and +28.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.