PJT Partners Anticipates Non-Comp Expense Growth Amid Slower Revenue Outlook
PJT Partners (NYSE:PJT) reported strong second-quarter results in Q2 2026, with revenues reaching $486 million and adjusted pretax income of $106 million. Founder, Chairman & CEO Paul Taubman highlighted the firm's 'record results across the board' but noted a shift toward becoming an alpha play rather than just a traditional investment bank. Despite robust performance in Q2 2026, management signaled slower full-year revenue growth for the year ahead and expects non-compensation expenses to grow by approximately 14% through 2026. This outlook reflects strategic shifts within the firm as it navigates evolving market conditions.
Topics: adjusted EPS PJT Partners Q2 Earnings revenue growth