Filing Flows › Perella Weinberg Partners (PWP) › How it makes money
How Perella Weinberg Partners (PWP) makes money
Perella Weinberg Partners (PWP) made $251M of revenue in the third quarter 2026 (Q3 2026), +53% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 7¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $251M | 100.0% |
| Operating profit | $34.9M | 13.9% |
| Income tax | $11.9M | 4.7% |
| Net earnings | $17.6M | 7.0% |
| Operating cash flow | $73.1M | 29.1% |
| Free cash flow | $71.0M | 28.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $251M | +53% |
| Q2 2026 | $157M | +0.8% |
| Q1 2026 | $149M | -30% |
| Q4 2025 | $219M | -3% |
| Q3 2025 | $165M | -41% |
| Q2 2025 | $155M | -43% |
| Q1 2025 | $212M | +107% |
From Perella Weinberg Partners' 10-Q filed Oct 30, 2026 (on EDGAR).
Questions
How does Perella Weinberg Partners make money?
Perella Weinberg Partners (PWP) made $251M of revenue in the third quarter 2026 (Q3 2026), +53% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 7¢ was left as net earnings.
What is Perella Weinberg Partners' profit margin?
Net earnings were $17.6M, 7.0% of revenue, in the third quarter 2026; the operating margin was 13.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.