Filing Flows › PJT Partners (PJT) › Operating margin
PJT Partners (PJT) operating margin by quarter
PJT Partners' operating margin was 17.9% in Q3 2026 (third quarter 2026), -3.1 pts from Q2 2026. Over the last 7 quarters it ranged from 16.2% (Q1 2025) to 23.0% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 17.9% | -3.1 pts | -2.5 pts |
| Q2 2026 | 21.0% | +1.8 pts | +2.2 pts |
| Q1 2026 | 19.2% | -3.7 pts | +3.0 pts |
| Q4 2025 | 23.0% | +2.6 pts | — |
| Q3 2025 | 20.3% | +1.5 pts | — |
| Q2 2025 | 18.8% | +2.6 pts | — |
| Q1 2025 | 16.2% | — | — |
Q3 2026 at a glance
PJT Partners, Q3 2026: revenue $385M (-14% year over year), operating margin 17.9%, net earnings $31.8M, operating cash flow $276M. The chart follows the revenue to costs, profit and cash.
Questions
What is PJT Partners' operating margin?
PJT Partners' operating margin was 17.9% in Q3 2026 (third quarter 2026), -3.1 pts from Q2 2026.
How has PJT Partners' operating margin changed?
Over the last 7 quarters it ranged from 16.2% (Q1 2025) to 23.0% (Q4 2025).