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How Pershing Square (PS) makes money

Pershing Square (PS) made $56.6M of revenue in the third quarter 2026 (Q3 2026), -14% from a year earlier.

Drawing the Sankey…

Pershing Square revenue by quarterPershing Square revenue by quarter$57.5MQ1 2026$54.2MQ2 2026$56.6MQ3 2026
Pershing Square: where each dollar of revenue goesPershing Square: where each dollar of revenue goesIncome tax23¢Operating cash flow103¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$56.6M100.0%
Income tax$13.1M23.1%
Operating cash flow$58.4M103.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$56.6M-14%
Q2 2026$54.2M+2%
Q1 2026$57.5M+10%

From Pershing Square's 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does Pershing Square make money?

Pershing Square (PS) made $56.6M of revenue in the third quarter 2026 (Q3 2026), -14% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.