Perella Weinberg Partners announced its second-quarter 2026 financial results on July 31, 2026. The firm reported revenues of $156.5 million, marking a 1% increase compared to $155.3 million in the second quarter of 2025. This growth was primarily attributed to an increase in fee-paying clients and higher contributions from M&A activities, which offset a reduction in financing and capital solutions business.
For the first half of 2026, revenues totaled $305.4 million, a 17% decrease from $367.1 million in the first half of 2025. This decline was due to fewer large fee event closings and a corresponding decrease in the average fee per client. However, M&A revenues saw a year-over-year increase for the first half, while financing and capital solutions contributions were down compared to the previous year, which had benefited from several significant fee event closings. The firm also reported GAAP pre-tax income of $6 million and adjusted pre-tax income of $27 million, with diluted EPS at $0.06 and adjusted EPS at $0.20.
CEO and Chairman Andrew Bednar highlighted the firm's momentum, noting an acceleration in announced transactions and a significant increase in their booked revenue plus announced and pending backlog compared to the previous year. He also mentioned the expected closure of the Gleacher Shacklock acquisition in the third quarter. As of June 30, 2026, Perella Weinberg had $115.8 million in cash, no outstanding debt, and an undrawn revolving credit facility. The company returned $72.7 million to equity holders during the first six months of 2026 through share settlements, dividends, and distributions.
