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PJT Partners Inc. (PJT)

PJT Partners Inc. (PJT)

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Cash Flow Overview

Change in Cash
-$73,235K
Free Cash flow
$226,381K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Accrued compensation and benefit...
    • Net income
    • Equity-based compensation expens...
    • Others
Negative Cash Flow Breakdown
    • Purchases of investments
    • Treasury stock purchases
    • Accounts receivable
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
81,285
89,253
99,180
74,957
Equity-based compensation expense
55,465
85,132
48,523
47,571
Depreciation and amortization expense
4,342
3,946
3,443
3,406
Amortization of operating lease right-of-use assets
4,820
4,731
4,587
4,455
Deferred taxes
-
-
-3,154
-
Provision (benefit) for credit losses
43
170
-2,720
-756
Other
1,189
2,692
-2,544
1,240
Accounts receivable
46,814
-53,912
30,714
12,443
Other assets
-2,325
-45,545
10,575
-15,426
Accrued compensation and benefits
129,240
-208,892
43,528
140,245
Accounts payable, accrued expenses and other liabilities
6,828
-11,751
1,138
-9,803
Taxes payable
168
-997
-1,587
342
Deferred revenue
443
5,894
1,514
-6,057
Net cash provided by (used in) operating activities
236,956
64,251
155,707
256,103
Purchases of investments
268,922
59,360
19,628
80,917
Proceeds from sales and maturities of investments
51,497
26,943
93,777
63,406
Purchases of furniture, equipment and leasehold improvements
10,575
8,256
17,154
15,207
Cash paid for acquisition, net of cash received
-
-
0
-
Net cash provided by (used in) investing activities
-228,000
-40,673
56,995
-32,718
Dividends
6,422
6,527
6,086
6,085
Proceeds from revolving credit facility
-
-
0
-
Payments on revolving credit facility
-
-
0
-
Tax distributions
0
-
40,247
0
Employee taxes paid for shares withheld
328
46,955
597
95
Cash-settled exchanges of partnership units
22,651
135,994
19,355
33,136
Treasury stock purchases
53,244
61,281
4,723
0
Payments pursuant to tax receivable agreement
0
0
4,169
-1
Net cash provided by (used in) financing activities
-82,645
-250,757
-75,177
-39,315
Effect of exchange rate changes on cash and cash equivalents
454
-2,903
881
1,767
Net increase (decrease) in cash and cash equivalents
-73,235
-230,082
138,406
185,837
Cash and cash equivalents, beginning of period
308,776
538,858
400,452
483,877
Cash and cash equivalents, end of period
235,541
308,776
538,858
400,452
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Accrued compensationand benefits$129,240K (187.48%↑ Y/Y)Net income$81,285K (-40.06%↓ Y/Y)Equity-based compensationexpense$55,465K (-59.88%↓ Y/Y)Accounts payable,accrued expenses and...$6,828K (-2.91%↓ Y/Y)Amortization of operatinglease right-of-use...$4,820K (-45.61%↓ Y/Y)Depreciation andamortization expense$4,342K (-33.14%↓ Y/Y)Other assets-$2,325K (-345.40%↓ Y/Y)Deferred revenue$443K (-75.73%↓ Y/Y)Taxes payable$168K (115.04%↑ Y/Y)Provision (benefit) forcredit losses$43K (-98.39%↓ Y/Y)Net cash provided by(used in) operating...$236,956K (106.97%↑ Y/Y)Effect of exchange ratechanges on cash and cash...$454K (-94.58%↓ Y/Y)Canceled cashflow$48,003K Net increase(decrease) in cash and cash...-$73,235K (72.80%↑ Y/Y)Canceled cashflow$237,410K Proceeds from sales andmaturities of investments$51,497K (21.10%↑ Y/Y)Accounts receivable$46,814K (43.18%↑ Y/Y)Other$1,189K (-77.28%↓ Y/Y)Net cash provided by(used in) investing...-$228,000K (-331.64%↓ Y/Y)Canceled cashflow$51,497K Net cash provided by(used in) financing...-$82,645K (75.64%↑ Y/Y)Purchases of investments$268,922K (228.56%↑ Y/Y)Purchases of furniture,equipment and leasehold...$10,575K (-21.67%↓ Y/Y)Treasury stock purchases$53,244K (-72.05%↓ Y/Y)Cash-settled exchanges ofpartnership units$22,651K (-72.12%↓ Y/Y)Dividends$6,422K (-48.00%↓ Y/Y)Employee taxes paid forshares withheld$328K (-99.39%↓ Y/Y)