Filing Flows › Perella Weinberg Partners (PWP) › Q3 2026 › vs Q3 2025
Perella Weinberg Partners (PWP) Q3 2026 vs Q3 2025 (year over year)
Perella Weinberg Partners's revenue rose $86.7M (+53%) from $165M in Q3 2025 to $251M in Q3 2026. Operating margin 13.9% against 5.4% (+8.5 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 13.9% | 5.4% | +8.5 pts |
| Net margin | 7.0% | 3.6% | +3.3 pts |
| Free cash flow margin | 28.2% | 35.0% | -6.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $251M | $165M | $86.7M | +53% |
| Operating profit | $34.9M | $8.9M | $26.1M | +294% |
| Costs & expenses | $216M | $156M | $60.6M | +39% |
| Pre-tax earnings | $35.2M | $11.6M | $23.6M | +204% |
| General & admin | $3.6M | $4.2M | −$668K | -16% |
| Other operating costs | $213M | $152M | $61.3M | +40% |
| Net earnings | $17.6M | $6.0M | $11.6M | +192% |
| Minority interests | $5.7M | $2.6M | $3.2M | +124% |
| Income tax | $11.9M | $3.0M | $8.9M | +293% |
| Depreciation & amortization | $6.6M | $5.0M | $1.6M | +32% |
| Share-based compensation | $29.2M | $27.8M | $1.4M | +5% |
| Working capital & other | $19.7M | $20.3M | −$672K | -3% |
| Operating cash flow | $73.1M | $59.2M | $13.9M | +24% |
| Free cash flow (OCF − capex) | $71.0M | $57.6M | $13.3M | +23% |
| Capital expenditures | $2.1M | $1.5M | $618K | +41% |
Questions
How much did Perella Weinberg Partners's revenue grow year over year in Q3 2026?
Perella Weinberg Partners's revenue rose $86.7M (+53%) from $165M in Q3 2025 to $251M in Q3 2026. Operating margin 13.9% against 5.4% (+8.5 pts).