PJT: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net income	210,558	135,601
Equity-based compensation expense	185,821	138,250
Depreciation and amortization expense	9,900	6,494
Amortization of operating lease right-of-use assets	13,317	8,862
Provision for credit losses	1,923	2,679
Other	6,474	5,234
Accounts receivable	45,140	32,697
Other assets	-15,948	-522
Accrued compensation and benefits	-7,485	-147,730
Accounts payable, accrued expenses and other liabilities	-2,770	7,033
Taxes payable	-775	-1,117
Deferred revenue	-4,232	1,825
Net cash provided by operating activities	370,591	114,488
Purchases of investments	162,765	81,848
Proceeds from sales and maturities of investments	105,932	42,526
Purchases of furniture, equipment and leasehold improvements	28,707	13,500
Net cash used in investing activities	-85,540	-52,822
Dividends	18,436	12,351
Tax distributions	597	597
Employee taxes paid for shares withheld	54,285	54,190
Cash-settled exchanges of partnership units	114,388	81,252
Treasury stock purchases	190,500	190,500
Payments pursuant to tax receivable agreement	409	410
Net cash used in financing activities	-378,615	-339,300
Effect of exchange rate changes on cash and cash equivalents	10,139	8,372
Net decrease in cash and cash equivalents	-83,425	-269,262
Cash and cash equivalents at beginning of period	483,877	-
Cash and cash equivalents at end of period	400,452	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

PJT: the cashflow