---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-034213"
form_type: "8-K"
ticker: "PJT"
cik: "0001626115"
company_name: "PJT Partners Inc."
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:09:40.856426+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PJT Partners Q2 revenue record $346M, +49% YoY; adjusted EPS $0.99

## Summary
- Q2 revenue $346M, +49% YoY; Advisory $324M (+73%) on restructuring strength.
- GAAP diluted EPS $0.86; adjusted EPS $0.99, both up 13-16% YoY.
- Placement revenue $20M (-60%) due to lower fund placement activity.
- Six-month revenue $546M (+14%); adjusted pretax income $86M (-18%) due to higher comp costs.
- 1.9M share equivalents repurchased YTD at avg $72.05; cash $226M, no debt; dividend $0.25.

## SEC filing metadata
- accession: 0000950170-23-034213
- form_type: 8-K
- ticker: PJT
- cik: 0001626115
- company_name: PJT Partners Inc.
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626115/000095017023034213/0000950170-23-034213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626115/000095017023034213/pjt-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-034213
- JSON: https://secwatch.observer/filing/0000950170-23-034213.json
- Plain text: https://secwatch.observer/filing/0000950170-23-034213.txt

## Key facts
- Earnings Releases
  PJT Partners Inc. reported six months ended June 30, 2023 results: revenue $546 million, EPS $1.53.
  - Period: six months ended June 30, 2023
  - Revenue: $546 million
  - EPS: $1.53
  - Result: reported results
  source text: Six Months Overview > Record First Half Revenues of $546 million, an increase of 14% from a year ago > GAAP Pretax Income of $83 million and Adjusted Pretax Income of $86 million, a decrease of 11% and 18%, respectively > GAAP Diluted EPS of $1.53 and Adjusted EPS of $1.52, a decrease of 12% and 19%, respectively
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626115/000095017023034213/0000950170-23-034213-index.htm
- Earnings Releases
  PJT Partners Inc. reported second quarter ended June 30, 2023 results: revenue $346 million, EPS $0.86.
  - Period: second quarter ended June 30, 2023
  - Revenue: $346 million
  - EPS: $0.86
  - Result: reported results
  source text: Second Quarter Overview > Record Quarterly Revenues of $346 million, an increase of 49% from a year ago > GAAP Pretax Income of $54 million and Adjusted Pretax Income of $55 million, an increase of 24% and 13%, respectively > GAAP Diluted EPS of $0.86 and Adjusted EPS of $0.99, an increase of 16% and 13%, respectively
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626115/000095017023034213/0000950170-23-034213-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.