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PJT Partners PJT Contract Liabilities

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Other financials

Income statement

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Revenue$486.3M+19.5%
Net income$45.8M+39.3%
EPS (diluted)$1.66+37.2%

Balance sheet

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Cash & equivalents$308.8M+58.9%
Total debt$421.5M+2.7%
Total equity$272.7M+83.3%
Total assets$1.6B+12.0%

Cash flow

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Operating cash flow$64.3M+185%
CapEx$8.3M+317%
Free cash flow$56.0M+172%

Valuation

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Market cap$4.42B+0.4%
Enterprise value$4.53B+1.8%
P/E22.1×-5.3×
P/S2.3×-0.5×

Profitability

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Net margin10.6%+0.1pp
FCF margin34%+1.1pp

Returns & leverage

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Return on equity88.5%-7.8pp
Debt / equity1.5×-1.2×

Where this comes from

Reported directly by PJT Partners in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: PJT Partners’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-197485
Line itemMarch 31,2026December 31,2025
Operating Lease Liabilities421,499413,918
Amount Due Pursuant to Tax Receivable Agreement34,55630,288
Taxes Payable4,2215,227
Deferred Revenue14,2258,373
Total Liabilities634,056834,207
Commitments and Contingencies
Equity
Class A Common Stock, par value $0.01 per share (3,000,000,000 shares authorized; 37,971,610 and 35,957,678 issued at March 31, 2026 and December 31, 2025, respectively; 25,912,269 and 24,313,885 outstanding at March 31, 2026 and December 31, 2025, respectively)380360

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is PJT Partners's contract liabilities?
PJT Partners (PJT) reported contract liabilities of $14.23M in Q1 2026.
How has PJT Partners's contract liabilities changed year-over-year?
PJT Partners's contract liabilities decreased by 14.0% year-over-year, from $16.54M to $14.23M.
What is the long-term trend for PJT Partners's contract liabilities?
Over 5 years (2020 to 2025), PJT Partners's contract liabilities has grown at a -3.0% compound annual growth rate (CAGR), from $9.76M to $8.37M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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