Filing Flows › Perella Weinberg Partners (PWP) › Q3 2026 › vs Q2 2026
Perella Weinberg Partners (PWP) Q3 2026 vs Q2 2026 (quarter over quarter)
Perella Weinberg Partners's revenue rose $94.8M (+61%) from $157M in Q2 2026 to $251M in Q3 2026. Operating margin 13.9% against 3.2% (+10.7 pts).
Perella Weinberg Partners, Q3 2026: revenue $251M (+53% year over year), operating margin 13.9%, net earnings $17.6M, operating cash flow $73.1M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 13.9% | 3.2% | +10.7 pts |
| Net margin | 7.0% | 3.4% | +3.6 pts |
| Free cash flow margin | 28.2% | 30.1% | -1.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $251M | $157M | $94.8M | +61% |
| Operating profit | $34.9M | $5.1M | $29.9M | +591% |
| Costs & expenses | $216M | $151M | $65.0M | +43% |
| Pre-tax earnings | $35.2M | $6.1M | $29.1M | +478% |
| General & admin | $3.6M | $3.8M | −$264K | -7% |
| Other operating costs | $213M | $148M | $65.2M | +44% |
| Net earnings | $17.6M | $5.3M | $12.3M | +231% |
| Minority interests | $5.7M | $1.0M | $4.7M | +458% |
| Income tax | $11.9M | −$247K | $12.1M | — |
| Depreciation & amortization | $6.6M | $5.8M | $801K | +14% |
| Share-based compensation | $29.2M | $36.5M | −$7.2M | -20% |
| Working capital & other | $19.7M | $1.2M | $18.4M | 16× |
| Operating cash flow | $73.1M | $48.8M | $24.3M | +50% |
| Free cash flow (OCF − capex) | $71.0M | $47.2M | $23.8M | +50% |
| Capital expenditures | $2.1M | $1.7M | $481K | +29% |
Questions
How much did Perella Weinberg Partners's revenue grow quarter over quarter in Q3 2026?
Perella Weinberg Partners's revenue rose $94.8M (+61%) from $157M in Q2 2026 to $251M in Q3 2026. Operating margin 13.9% against 3.2% (+10.7 pts).