The advisory firm reported $1.97 non-GAAP EPS and $486M revenue, exceeding analyst expectations by $0.40 and $61M respectively.
PJT Partners posted second-quarter non-GAAP earnings per share of $1.97, surpassing estimates by $0.40, as revenue rose 19.4% year-over-year to $486 million. The revenue figure exceeded expectations by $61 million.
The company also reported record cash and short-term investments totaling $535 million, with no funded debt. PJT repurchased 2.1 million shares and equivalents through June 30, 2026, reflecting strong liquidity.
Results highlight growth in advisory services amid robust market demand.