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Other financials

Income statement

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Revenue$148.9M-29.7%
Operating income-$12.9M-211%
Net income$1.5M-91.4%
EPS (diluted)$0.02-91.7%

Balance sheet

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Cash & equivalents$78.8M-30.0%
Total debt$182.1M-1.9%
Total equity-$154.7M+52.1%
Total assets$595.8M+4.4%

Cash flow

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Operating cash flow-$109.7M+37.9%
CapEx$2.1M+97.7%
Free cash flow-$111.8M+37.1%

Valuation

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Market cap$1.26B-7.5%
Enterprise value$1.36B-2.7%
P/E64.3×
P/S1.8×+0.3×

Profitability

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Operating margin3.4%
Net margin2.9%
FCF margin24.7%

Returns & leverage

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Return on equity-32.5%-36.2pp
Debt / equity1.1×-0.2×
Current ratio1.3×

Where this comes from

Reported directly by Perella Weinberg Partners in its filing.

Tagged under the XBRL concept pwp:LesseeOperatingLeaseLiabilityPaymentsNetOfSubleaseIncomeDueAfterYearFive.

The source filing: Perella Weinberg Partners’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 5:06 PM EST
Fiscal year
FY2025
Accession
0001777835-26-000022
Years Ending:Operating Lease PaymentsSublease ReceiptsNet Payments
202720,7174,15316,564
202820,1714,15316,018
202920,9964,15316,843
203020,4874,15316,334
Thereafter153,1777,379145,798
Total lease payments(1)254,020$27,452$226,568
Less: Imputed interest(67,954)
Total lease liabilities$186,066

Item 8. Financial Statements and Supplementary Data

FAQ

What is Perella Weinberg Partners's thereafter?
Perella Weinberg Partners (PWP) reported thereafter of $145.8M in Q4 2025.
What does thereafter mean?
Represents the aggregate net cash outflow obligations for operating leases due beyond the standard five-year forecasting window. This captures the long-term tail of the company's lease liabilities, reflecting the total remaining commitment for real estate or equipment. It is used to assess the long-term solvency and fixed cost burden of the firm.

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