Investment banking firm PJT Partners (NYSE: PJT) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 28.9% year on year to $418.2 million. Its non-GAAP profit of $1.54 per share was 0.7% above analysts’ consensus estimates.
Is now the time to buy PJT? Find out by accessing our full research report, it’s free.
PJT (PJT) Q1 CY2026 Highlights:
- Revenue: $418.2 million vs analyst estimates of $409.4 million (28.9% year-on-year growth, 2.2% beat)
- Pre-tax Profit: $80.39 million (19.2% margin)
- Adjusted EPS: $1.54 vs analyst estimates of $1.53 (0.7% beat)
- Market Capitalization: $3.77 billion
Company Overview
Spun off from Blackstone in 2015 and founded by former Morgan Stanley executive Paul J. Taubman, PJT Partners (NYSE: PJT) is an advisory-focused investment bank that provides strategic advice, restructuring services, and fundraising solutions to corporations, boards, and investment firms.
Revenue Growth
A company’s long-term sales performance is one signal of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Over the last five years, PJT grew its revenue at a solid 11.3% compounded annual growth rate. Its growth beat the average financials company and shows its offerings resonate with customers, a helpful starting point for our analysis.
Long-term growth is the most important, but within financials, a half-decade historical view may miss recent interest rate changes and market returns. PJT’s annualized revenue growth of 18.7% over the last two years is above its five-year trend, suggesting its demand was strong and recently accelerated. 
Note: Quarters not shown were determined to be outliers, impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business.
This quarter, PJT reported robust year-on-year revenue growth of 28.9%, and its $418.2 million of revenue topped Wall Street estimates by 2.2%.
ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all.
Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.
Key Takeaways from PJT’s Q1 Results
It was encouraging to see PJT beat analysts’ revenue expectations this quarter. Overall, this print had some key positives. The stock remained flat at $155.81 immediately following the results.
So do we think PJT is an attractive buy at the current price? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here (it’s free).
