Perella Weinberg Partners reported second-quarter 2026 results with revenue of $156.5M, roughly flat year-over-year, and net income attributable to the firm of $5.3M, driving diluted EPS of $0.06 for the quarter.
Financial Highlights
- Revenue was $156.5M for Q2 2026, up from $155.3M in the year-ago quarter (1% YoY).
- Net income attributable to Perella Weinberg Partners was $5.30M for Q2 2026, versus $2.74M in the year-ago quarter (94% YoY).
- Diluted earnings per share was $0.06 for Q2 2026, compared with $0.04 in the year-ago quarter.
Business Highlights
- Revenue growth was essentially flat for the quarter (+1%) but declined 17% year-to-date, reflecting lower average fees and reduced financing activity.
- M&A activity increased sequentially and helped offset declines in financing and capital solutions work.
- Continued investment in senior hires raised the non-bonus compensation base and headcount.
- Non-compensation expense decreased year-over-year due to lower professional fees, litigation recoveries and sublease income.
- Liquidity remained supported by cash collections and available credit facility capacity despite seasonal bonus cash outflows.
Original SEC Filing:
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