---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-183466"
form_type: "8-K"
ticker: "PJT"
cik: "0001626115"
company_name: "PJT Partners Inc."
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:52:08.050996+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PJT Partners Q1 2026: record revenue $418M (+29% YoY), EPS $2.21; $800M buyback authorized

## Summary
- GAAP diluted EPS $2.21; adjusted EPS $1.54, up 47% YoY.
- Adjusted pretax income $84M (+49% YoY); revenue $418M (+29%).
- Board authorized $800M stock repurchase program, replacing prior authorization.
- Cash and short-term investments $388M; no funded debt; dividend $0.25/share payable June 17.
- Repurchased 1.6M share equivalents at avg $154.04 in Q1, deploying $244M.

## SEC filing metadata
- accession: 0001193125-26-183466
- form_type: 8-K
- ticker: PJT
- cik: 0001626115
- company_name: PJT Partners Inc.
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626115/000119312526183466/0001193125-26-183466-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626115/000119312526183466/pjt-20260428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-183466
- JSON: https://secwatch.observer/filing/0001193125-26-183466.json
- Plain text: https://secwatch.observer/filing/0001193125-26-183466.txt

## Key facts
- Earnings Releases
  PJT Partners Inc. reported first quarter ended March 31, 2026 results: revenue $418 million, EPS GAAP Diluted EPS of $2.21.
  - Period: first quarter ended March 31, 2026
  - Revenue: $418 million
  - EPS: GAAP Diluted EPS of $2.21
  - Result: reported results
  source text: PJT Partners Inc. Reports Record First Quarter 2026 Results; Announces $800 Million Repurchase Authorization First Quarter Overview > Record First Quarter Revenues, Pretax Income and EPS – Revenues of $418 million, an increase of 29% from a year ago – GAAP Pretax Income of $80 million and Adjusted Pretax Income of $84 million, increases of 53% and 49%, respectively, from a year ago – GAAP Diluted EPS of $2.21 and Adjusted EPS of $1.54, increases of 11% and 47%, respectively, from a year ago
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626115/000119312526183466/0001193125-26-183466-index.htm

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