Filing Flows › Comparisons › ALTI vs PS
AlTi Global vs Pershing Square: ALTI and PS compared
AlTi Global is the larger company: $58.0M of revenue in its latest quarter (Q2 2026) against $56.6M for Pershing Square (Q3 2026). AlTi Global is growing faster (+11% against -14% a year earlier). AlTi Global is more profitable, with an operating margin of -18.7% against -35.5%.
Where the money goes: ALTI and PS
AlTi Global (ALTI) · Q2 2026
AlTi Global, Q2 2026: revenue $58.0M (+11% year over year), operating margin -18.7%, net loss $30.8M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
Pershing Square (PS) · Q3 2026
Pershing Square, Q3 2026: revenue $56.6M (-14% year over year), operating margin -35.5%, net loss $18.4M, operating cash flow $58.4M. The chart follows the revenue to costs, profit and cash.
| AlTi Global (ALTI) | Pershing Square (PS) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $58.0M | $56.6M |
| Revenue growth, Y/Y | +11% | -14% |
| Operating margin | -18.7% | -35.5% |
| Net earnings | −$30.8M | −$18.4M |
| Net margin | -53.0% | -32.5% |
| Operating cash flow | −$2.4M | $58.4M |
Where the revenue comes from
AlTi Global
- Management/advisory fees: $54.4M (94%)
- Distributions from investments: $3.4M (6%)
- Other fees/income: $144K (0%)
- Incentive fees: $19K (0%)
Questions
Which is bigger, AlTi Global or Pershing Square?
AlTi Global is the larger company: $58.0M of revenue in its latest quarter (Q2 2026) against $56.6M for Pershing Square (Q3 2026).
Is AlTi Global or Pershing Square growing faster?
AlTi Global is growing faster (+11% against -14% a year earlier).
Which is more profitable, AlTi Global or Pershing Square?
AlTi Global is more profitable, with an operating margin of -18.7% against -35.5%.
More: AlTi Global earnings · how AlTi Global makes money · Pershing Square earnings · how Pershing Square makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 10, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.